12461 NE Woodinville Drive, Woodinville, WA 98072

Listing Firm: Realty One Group Enterprise (425-453-4597). Listings with the three tree icon are courtesy of NWMLS.

12461 NE Woodinville Drive

Woodinville, WA 98072

LISTING #2519748

REQUEST DETAILS SCHEDULE A SHOWING

$10,500,000

STATUS Active

YEAR BUILT 1949

PROPERTY TYPE Residential Income

ABOUT THIS PROPERTY

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.

PROPERTY DETAILS

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Location Information

County King

Community Woodinville / Redmond

Latitude 47.753851

Longitude -122.172258

Directions GPS takes you to the address

Subdivision Name Downtown Woodinville

Interior Features

Has Fireplace No

Number of Fireplaces 0

Heating See Remarks

Cooling See Remarks

Exterior Features

Style 10+ Units

Is New Construction Yes

Exterior See Remarks

Roof See Remarks

Water Source Public

Septic or Sewer Sewer Connected

Covered Spaces 230

Water Woodinville Water District

Electric Puget Sound Energy

Power Production Type Electric, Natural Gas

Parking Spaces 230

Lot Features Corner Lot, Paved, Value In Land

Lot Size in Acres 1.1405

Lot Size in Sq. Ft. 49,679

Building Total Area 3553 Square Feet

Has Waterfront No

Has View Yes

View Description Territorial

School

High School District Northshore

High School Buyer To Verify

Elementary School Buyer To Verify

Jr. High School Buyer To Verify

Additional Information

Possession Closing

Property Type Residential Income

Property Subtype Multi Family

Structure Type Multi Family

Year Built 1949

Status Active

Tax Year 2026

Tax Amount $37,000

Lot Acres Source Seller Recorded Survey

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