Sold
Last Sold Price
22,700 Lot Size0.52 Acres
500 W Raye St, Seattle, WA 98109
LandProperty Type
0.52 acresLot Size

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...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.
  • Listed by: Andrew Jennings 206.330.0314 andrew.jennings@compass.com • COMPASS
  • Listed by: Sean McConnell 206.330.0314 sean.mcconnell@compass.com • COMPASS
Listing closed: 10/10/2025 12:00 AM • Source: NWMLS as distributed by MLS GRID, MLS#: 2407592

Recent comparable sales

Median sold price

$425,000

Avg days on market

31

Sale-to-list ratio

88.2%

Seattle, WA

9 comparable properties found

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Location

Listing Courtesy of COMPASS

Sold By COMPASS

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Property Information for 500 West Raye Street

Property Details
  • MLS Type: Land
  • County: King County
  • Community Name: Queen Anne
  • School District: Seattle
  • View: Canal, City, Mountain(s), Partial, Territorial
  • Entry Date: 07-15-2025
  • Sewer: In Street
Building Information
  • Lot Size: 0.52 AC
Summary
Location and General Information
  • Style: 40 - Res-Less thn 1 Ac
  • Area: 700 - Queen Anne/Magnolia
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • 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)
  • Property Sub Type: VACL
  • Road Information: See Remarks
  • View: Yes
  • Waterfront: No
Parking
  • Carport: No
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
Interior Features
  • Fireplaces Total: 0
  • Cooling: No
  • Fireplace: No
  • Heating: No
  • FIRPTA: No
Exterior Features
  • Property Features: Brush,Lightly Treed
  • Road Surface Type: See Remarks
Property
Utilities
  • Electricity: In Street
  • Electric On Property: No
  • Gas Available: In Street
  • Water Source: In Street
  • Utilities: Electricity Available, Natural Gas Available
Property and Assessments
  • Zoning Jurisdiction: City
  • Preliminary Title Ordered: Yes
  • Road Responsibility: See Remarks
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 12
Lot Information
  • Lot Details: Corner Lot, Curbs, Paved
  • Lot Size Source: KCR
  • Parcel Number Free Text: 1929300400
  • Calculated Square Footage: 0
  • Structure Type: Unspecified
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 0.0
  • Building Area Units: Square Feet
  • Property Type: Land
  • Elevation Units: Feet
  • Irrigation Water Rights: No

Property History for 500 West Raye Street

DateEvent & SourcePriceAppreciation
Oct 10, 2025

Sold

NWMLS #2407592

$346,500
Sep 7, 2025

Pending

NWMLS #2407592

Jul 15, 2025

Listed (Active)

NWMLS #2407592

$350,000
DateEvent & SourcePrice
10/10/2025

Sold

NWMLS #2407592

$346,500
09/07/2025

Pending

NWMLS #2407592

07/15/2025

Listed (Active)

NWMLS #2407592

$350,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 500 West Raye Street

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Hay Elementary School
PublicK to 5

McClure Middle School
Public6 to 8

Lincoln High School
Public9 to 12

Queen Anne Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 500 West Raye Street, Seattle, WA 98109
$346,500
22,700
$285,000
7,822
2
1,800
6,000
$1,090,000
2,000
6,000
$212,500
2
1
820
5,915
$5,200,000
12,052

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of COMPASS

Based on information submitted to the MLS GRID as of 11/10/2025 04:01 AM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.