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$346,500
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Property Description
Unlock a rare opportunity to develop a vacant lot in the vibrant Queen Anne neighborhood, perfect for builders or visionaries aiming to create a standout project. Zoned SF 5000, this parcel offers a generous ~8,500 sq/ft flat build area, ideal for a custom single-family home with an ADU/DADU or a 2-lot short plat for two residences (buyer to verify). With potential views of Lake Union and the Cascades, blending level terrain with a picturesque northern slope, this lot combines natural charm with urban convenience. Just steps from Queen Anne's lively shops, dining, and transit, it's a prime canvas for a dream home or smart investment.
Full Property Details
Full Property Details for 500 Raye St
General
- Sold For: $346,500
- Status: Closed
- Type: Land Residential
- Source: NWMLS
- MLS ID: 2407592
- Added to Site: 186 day(s) ago
Location
- Area: 700 - Queen Anne/Magnolia
- County: King
- Subdivision: Queen Anne
- Driving Directions: 99 N. Right on Holladay St. Left on 6th. (Suggestion: go to 4th, find parking and walk to lot). 99 South. R on Ray St, sharp R on 6th (Suggestion: go to 4th, find parking and walk to lot)
School Information
- High School District: Seattle
- Elementary School: Buyer To Verify
- Middle School: Buyer To Verify
- High School: Buyer To Verify
Utilities
- Sewer: In Street
- Water: In Street
- Utility Description: Electricity Available, Natural Gas Available
Structural Information
- Structure Type: Unspecified
Lot Features
- Property View: Canal, City, Mountain(s), Partial, Territorial
- Lot Size (Acres): 0.5211
- Lot Size (Sq. Ft.): 22,700
- Lot Size Source: KCR
- Street/Road Desc.: See Remarks
- Lot Features: Corner Lot, Curbs, Paved
Financial Considerations
- Terms: Cash Out, Conventional
Disclosures and Reports
- Special Conditions: None
- Property ID: 1929300400
Listed by Andrew Jennings | Compass | (206) 330-0314 and Sean McConnell | Compass | (206) 330-0314
Sold by Andrew Jennings | Compass
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Schools
Schools serving 500 Raye St
School District:Seattle School District
| Name | Grades | Distance |
|---|---|---|
Coe Elementary School 2424 7th Avenue West, Seattle, WA 98119 | K-5 | 0.2 mi |
Mcclure Middle School 1915 1st Avenue West, Seattle, WA 98119 | 6-8 | 0.5 mi |
Lincoln High School, Seattle, WA 4400 Interlake Avenue North, Seattle, WA 98103 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 500 Raye St
Date
Details
Price
Change
Source
10/10/2025
Sold
$346,500
-1%
MLS
7/15/2025
Listed
$350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
500 Raye Street, Seattle, WA 98119 (MLS# 2407592) is a Land Residential property that was sold at $346,500 on October 10, 2025. Want to learn more about 500 Raye Street? Do you have questions about finding other Land Residential real estate for sale in Seattle? You can browse all Seattle real estate or contact a Coldwell Banker agent to request more information.

