About this home

Ready-to-build opportunity with City of Seattle permit for a 6,200+ SF custom home. Set on a rare and level 20,699 SF lot in Madison Estates, an exclusive, gated Lake Washington luxury community in the heart of Madison Park. This property offers a truly special setting. The site is beautifully positioned beside an architect-designed pond and surrounded by mature old-growth trees, creating a serene and distinctive landscape. Enjoy private community access to a boat dock and waterfront features. Permitted plans for a stunning Northwest Contemporary residence are included, or bring your own vision (in compliance with the HOA). Ideally located only blocks from the vibrant Madison Park Village, with its popular shops, restaurants, parks, and schools. Seller financing available.

Schools

Elementary

Seattle Public Sch

Middle

Seattle Public Sch

High

Seattle Public Sch

Property details

View: Lake, Territorial
Lot: Cul-De-Sac, Dead End Street, Paved
Water source: Available, In Street
Sewer: In Street
Utilities: Electricity Available, Natural Gas Available, See Remarks

Costs

Annual taxes: $16,050 (2025)
HOA dues: $1,188 / monthly

Estimate your monthly payment

$10,110/mo

Principal & interest: $7,585
Property taxes: $1,338
HOA dues: $1,188

Down payment (20%) $300,000 Interest rate (%) Loan term (years)

Loan amount $1,200,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Seattle, WA 98112

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Realogics Sotheby's Int'l Rlty— Kathryn Holly Hinds.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

Interested in this home?

Request a private tour or ask a question — a local agent will respond personally.