All homes

$10,500,000

12461 Woodinville Drive

Woodinville, WA 98072

Active
Territorial view

Beds

Baths

Sq Ft

Lot

1.14 ac

Year built

1949

Type

Residential Income

Days listed

119

MLS #

2519748

About this home

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.

Exterior features

See Remarks

Schools

Elementary

Buyer To Verify

Middle

Buyer To Verify

High

Buyer To Verify

Property details

Heating
See Remarks
Cooling
See Remarks
View
Territorial
Lot
Corner Lot, Paved, Value In Land
Water source
Public
Sewer
Sewer Connected

Costs

Annual taxes
$37,000 (2026)

Estimate your monthly payment

$56,177/mo

Principal & interest
$53,094
Property taxes
$3,083
Loan amount $8,400,000

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

Location

Woodinville, WA 98072

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Realty One Group Enterprise— Faramarz Ghoddoussi.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.

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