University District Land for Sale

University District Land for Sale

Welcome to the vibrant University District in Seattle, Washington! This dynamic neighborhood is nestled in the heart of King County, offering a unique blend of academic energy, cultural diversity, and urban convenience. Known for its proximity to the prestigious University of Washington, the area buzzes with a youthful spirit and intellectual curiosity.

The University District is a hub of activity, with an array of trendy cafes, eclectic shops, and lively entertainment venues lining the streets. Residents and visitors alike can enjoy exploring the charming boutiques, savoring delicious cuisine at local eateries, or catching a performance at one of the many theaters in the area.

For nature enthusiasts, the nearby parks and green spaces provide a welcome retreat from the hustle and bustle of city life. Take a leisurely stroll through the scenic University of Washington campus or enjoy a picnic at the picturesque Ravenna Park.

If you are looking to make University District your home, now is the perfect opportunity with the availability of land for sale. Whether you are dreaming of building your own custom residence or investing in a prime piece of real estate, the possibilities are endless in this desirable neighborhood.

Experience the perfect blend of academic charm and urban convenience in the University District. Don't miss out on the chance to be a part of this thriving community!

Newest University District Land for Sale

$3,785,000
2558839 MLS ⋅ ACTIVE Status
Premier 10,000sqft University of Washington development site on Greek Row (PARKING LOT ONLY). Flat, no SIP'S (street improvements), and big views. One block walk to campus entrance. Consultant reports attached includes survey, geotech, arborist report, etc. Phase I available upon request (file size is too large to upload). Current monthly income from Diamond Parking Lease.

4626 21st Avenue NE, Seattle

Listing courtesy of Alchemy Real Estate.

$8,350,000
2556646 MLS ⋅ ACTIVE Status
Premier 20,000sqft University of Washington development site on Greek Row. Flat, no SIP'S (street improvements), and big views. One block walk to campus entrance. Consultant reports attached and full Due Diligence package available upon request. Entitlements for a +/-150 unit student housing building are in the final stages of reviews with Seattle Department of Construction and Inspections (SDCI). Current monthly income from Diamond Parking Lease. Building is occupied by a non-profit and receives a substantial property tax exemption (20 day notice to vacate).

4626 21st Avenue NE, Seattle

Listing courtesy of Alchemy Real Estate.

$4,950,000
2549382 MLS ⋅ ACTIVE Status
Prime development land in Seattle's University District — one block from UW's central campus, steps from U District Link light rail, and flanked by the retail corridor along University Way and 15th Ave NE. Three contiguous parcels totaling 12,960 SF, zoned NC2-75(M) and NC2-65(M1), supporting multifamily, student housing, and ground-floor commercial with mixed-use FAR up to 6.0. Sites of this size and zoning quality adjacent to UW rarely come to market. Priced at $4,950,000 — well below King County assessed value — offering immediate equity and full development flexibility. An exceptional opportunity for developers and investors seeking premium entitled land with the greatest investment value in Seattle's most supply-constrained university submarket.

4722 - 4730 15th Avenue NE, Seattle

Listing courtesy of Best Choice Realty LLC.

$2,490,000
2531005 MLS ⋅ ACTIVE Status
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 rental housing, retail or mixed use, this site holds immense potential! Offers welcomed!

5520 University Way NE, Seattle

Listing courtesy of COMPASS.

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