Listing Provided Courtesy of COMPASSDiscover 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 rental housing, retail or mixed use, this site holds immense potential! Offers welcomed!
Property Details
Price:
$2,490,000
MLS #:
NWM2531005
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Subdivision:
University District
Neighborhood:
710northseattle
Listed Date:
Jun 1, 2026
Lot Size:
7,440 sqft / 0.17 acres (approx)
See this Listing
Schools
School District:
Seattle
Interior
Exterior
Lot Features
Curbs, Open Space, Paved, Sidewalk
View
Territorial
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 $2,490,000 and features 0 acres. To schedule a showing of MLS#nwm2531005 at 5520 University Way NE -3521 in Seattle, WA, contact your Best in the West agent at 206-351-5550.
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© 2026 Northwest Multiple Listing Service as distributed by MLS GRID.
represents listings courtesy of NWMLS. Listed by COMPASS.
Disclaimer: Based on information submitted to the MLS GRID as of Jul-26-2026 8:09:12 pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Copyright 2026. All rights reserved.
represents listings courtesy of NWMLS. Listed by COMPASS.Disclaimer: Based on information submitted to the MLS GRID as of Jul-26-2026 8:09:12 pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Copyright 2026. All rights reserved.
5520 University Way NE -3521
Seattle, WA