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$10,500,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 3 Car Garage
  • Updated 18 hours ago

Listed by Faramarz Ghoddoussi | Realty One Group Enterprise | (425) 453-4597

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This 1.13-acre development site in the heart of City of Woodinville is fully entitled and approved for 161 units, allowing you to skip years of permitting - with the heavy lifting already done. The development site spans across five contiguous lots consisting of a strong multifamily submarket demand drivers with high desirable community in the city. Woodinville is consistently ranked as Washington's best place to live, offering a wealthy resident base and easy access to major employers like Microsoft, SpaceX, and the Bothell University of Washington and biotech hub. With a massive shortage of housing in the area and quick access to I-405, this project is perfectly positioned to meet the high demand for luxury living. This is a rare, high-reward opportunity to enter a top-tier market with all the heavy lifting already finished.

Full Property Details for 12461 NE Woodinville Dr

General

  • Price: $10,500,000
  • Taxes: $37,000 (2026)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2519748
  • Updated: 5/7/2026
  • Added to Site: 3 day(s) ago

Rental Information

  • Short Term: Yes

Parking

  • Garage Spaces: 3
  • Covered Spaces: 230

Location

  • Area: 600 - Juanita/Woodinville
  • County: King
  • Subdivision: Downtown Woodinville
  • Driving Directions: GPS takes you to the address

School Information

  • High School District: Northshore
  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: See Remarks
  • Heating Type: See Remarks

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Multi Family
  • Exterior Const.: See Remarks
  • Roof: See Remarks
  • Stories in Building: 7
  • Square Feet: 3,553
  • Year Built: 1949

Lot Features

  • Property View: Territorial
  • Lot Size (Acres): 1.1405
  • Lot Size (Sq. Ft.): 49,679
  • Lot Size Source: Seller Recorded Survey
  • Lot Features: Corner Lot, Paved, Value In Land
  • Zoning: Commercial, Multi-Family, Office, Residential, Retail

Financial Considerations

  • Tax Amount: $37,000
  • Tax Year: 2026
  • Terms: Cash

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 9518100070

Listed by Faramarz Ghoddoussi | Realty One Group Enterprise | (425) 453-4597

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 12461 NE Woodinville Dr

School District:Northshore School District
NameGradesDistance
Woodmoor Elementary School
12225 Northeast 160th Street, Bothell, WA 98011
K-50.9 mi
Northshore Jr High School
12101 Northeast 160th Street, Bothell, WA 98011
6-80.9 mi
Inglemoor High School
15500 Simonds Road Northeast, Kenmore, WA 98028
9-122.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 12461 NE Woodinville Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/07/2026
Listed
$10,500,000
2700%
MLS
5/28/2004
Sold
$375,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 12461 NE Woodinville Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$14,638
-3%
$1,426,000
111%
2024
$15,054
96%
$674,500
—
2022
$7,696
-12%
$674,500
16%
2021
$8,741
—
$579,300
—
2021
$8,741
5%
$578,000
—
2020
$8,358
16%
$575,900
16%
2019
$7,234
3%
$496,400
9%
2018
$6,991
11%
$453,400
9%
2017
$6,283
-1%
$415,700
—
2016
$6,323
—
$415,900
—
2015
$6,349
-6%
$414,000
—
2014
$6,764
—
$413,200
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Faramarz Ghoddoussi | Realty One Group Enterprise | (425) 453-4597

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12461 NE Woodinville Drive, Woodinville, WA 98072 (MLS# 2519748) is a Multi-Family property with 1 unit containing 0 bedrooms and 0 full bathrooms. 12461 NE Woodinville Drive is currently listed for $10,500,000 and was received on May 07, 2026. Want to learn more about 12461 NE Woodinville Drive? Do you have questions about finding other Multi-Family real estate for sale in Woodinville? You can browse all Woodinville real estate or contact a Coldwell Banker agent to request more information.

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