Discover an exceptional development opportunity located in the vibrant heart of the U-District. Situated just blocks away from the University of Washington and the new Roosevelt light rail station, this property offers unparalleled convenience & connectivity. This location promises a dynamic urban lifestyle w/proximity to Ravenna Park, Green Lake, U-Village Shopping Center, Whole Foods, Trader Joes, bars & eateries. The 7440 sf lot is currently zoned NC2P-40, in future up zone area of U-District! Seize the opportunity with this ideal development site. Not only a prime location, and w/possible height limit increasing from 40′ to 65′. Whether you are looking to invest in student housing, retail or mixed use, this site holds immense potential!
Property Details
Price:
$2,999,950
MLS #:
NWM2345797
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Subdivision:
University District
Neighborhood:
710 – North Seattle
Listed Date:
Mar 23, 2025
Lot Size:
7,440 sqft / 0.17 acres (approx)
See this Listing
Schools
School District:
Seattle
Interior
Exterior
Financial
Tax Year
2024
Taxes
$22,021
Map
Community
- Address5520 University Way NE -3521 Seattle WA
- SubdivisionUniversity District
- CitySeattle
- CountyKing
- Zip Code98105
Subdivisions in Seattle
- Admiral
- Alaska Junction
- Alki
- Allentown
- Arbor Heights
- Arboretum
- Arroyo
- Ballard
- Beach Drive
- Beacon Hill
- Belltown
- Belvedere Terrace
- Belvidere
- Bitter Lake
- Blue Ridge
- Boulevard Park
- Briarcrest
- Brighton
- Broadmoor
- Broadview
- Broadway
- Bryant
- Bryn Mawr
- Burien
- Campbell Hill
- Capitol Hill
- Cedar Park
- Cedarhurst
- Central Area
- Columbia
- Columbia City
- Crown Hill
- Delridge
- Denny Blaine
- Denny Triangle
- Downtown
- Dunlap
- Earlington
- Eastlake
- Fairmount
- Fauntleroy
- First Hill
- Fremont
- Gatewood
- Genesee
- Georgetown
- Glen Acres
- Green Lake
- Greenwood
- Gregory Heights
- Haller Lake
- Hawthorne Hills
- High Point
- Highland Park
- Highline
- Hillman City
- Holly Park
- International District
- Inverness
- Jackson Park
- Judkins
- Kent
- Lake City
- Lake Forest Park
- Lake Union
- Lakeridge
- Lakewood
- Laurelhurst
- Leschi
- Licton Springs
- Lincoln Park
- Loyal Heights
- Madison Park
- Madison Valley
- Madrona
- Magnolia
- Magnolia Bluff
- Maple Leaf
- Matthews Beach
- Meadowbrook
- Montlake
- Morgan Junction
- Mt Baker
- N Beacon Hill
- North Admiral
- North Beach
- North Burien
- North Capitol Hill
- North City
- North Shorewood
- Northgate
- Olympic Hills
- Olympic Manor
- Phinney Ridge
- Pigeon Point
- Pinehurst
- Pioneer Square
- Portage Bay
- Puget Ridge
- Queen Anne
- Rainier Beach
- Rainier Valley
- Ravenna
- Renton
- Roosevelt
- Sand Point
- SeaTac
- Seattle
- Seaview
- Seola Beach
- Seward Park
- Shoreline
- Shorewood
- Skyway
- Sodo
- South Lake Union
- South Park
- Southern
- Sunset Hill
- The Highlands
- Top Hat
- Tukwila
- University District
- Upper Rainier Beach
- Victory Heights
- View Ridge
- Wallingford
- Washington Park
- Wedgwood
- West Seattle
- Westlake
- Westwood
- Westwood Village
- White Center
- Whittier
- Windermere
- Woodland Park
Market Summary
Property Summary
- Located in the University District subdivision, 5520 University Way NE -3521 Seattle WA is a Land for sale in Seattle, WA, 98105. It is listed for $2,999,950 and features 0 acres. To schedule a showing of MLS#nwm2345797 at 5520 University Way NE -3521 in Seattle, WA, contact your Best in the West agent at 206-351-5550.
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Listing courtesy of COMPASSThe database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. This site was last updated Nov-05-2025 1:32:02 am. © 2025 NWMLS.
5520 University Way NE -3521
Seattle, WA


