See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

12644 Des Moines Memorial Dr, Burien, WA, 98168

--beds
--baths
0sqft
$999,999
--price/sqft
$6,074/moest. monthly cost
$242,960/yrincome needed

About This Home

Rare redevelopment opportunity in Burien on Des Moines Memorial Drive South. Two tax parcels sold together totaling 23,784 SF, zoned MU-2 — permitting up to 65 feet in height with no FAR cap. Qualifying mixed-use buildings may achieve up to 85 feet. This corridor zoning is purpose-built for midrise mixed-use development and represents one of the more compelling land opportunities in South King County. Three tenants currently in place: two residential homes and a commercial space leased to a motorcycle business, producing $2,900/month gross. Level street-to-street lot with frontage on both Des Moines Memorial Dr S and Roseberg Ave S. Easy access to Sea-Tac Airport, I-5, and SR-509. Minutes to North Sea-Tac Park, shopping, dining, and transit. Ideal for a developer, investor, or owner-user. Shown by appointment with accepted offer or signed LOI. Do not disturb tenants. All information deemed reliable but buyer to verify to buyer's satisfaction.

Getting Around

45
WalkingCar-Dependent
37
TransitSome Transit
72
BikeVery Bikeable

Schools

2/10
Hilltop Elementary SchoolGrades PK-50.5 mi
2/10
Glacier Middle SchoolGrades 6-81.0 mi
2/10
Highline High SchoolGrades 9-121.8 mi

Construction

Condition

  • Year built: 1942

Materials

  • Foundation: Poured Concrete
  • Roof: Composition
  • Construction materials: Wood Siding

Notable Dates

  • Major remodel year: 1985

Type & Style

  • Home type: MultiFamily
  • Architectural style: 10+ Units
  • Property subType: Multi Family

Interior

Features

  • Flooring: Concrete,Hardwood,Laminate

Heating & Cooling

  • Heating features: Baseboard,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: 0985001250
  • Zoning description: Multi-Family,Office,Residential,Retail,See Remarks,Jurisdiction: City
  • Special condition: Standard

Lot

  • Lot size: 0.55 Acres
  • Features: Paved,Sidewalk,Cable TV,Fenced-Fully,Gated Entry,Outbuildings,RV Parking,Shop

Parking

  • Total spaces: 30
  • Parking features: RV Parking
  • Uncovered spaces: 30

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Heat Wave

FEMA Declared Disasters in King County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,056$60,672
Home Insurance *$236$2,832
Property Taxes $633$7,596
Electricity $149$1,793
Total$6,074$72,888
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$208,251/yr
40% on housing$182,220/yr
45% on housing$161,973/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 98168$261
King County$442

vs Homes Sold Last Month

Median $/sqft

ZIP 98168$353
King County$485

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-02Listed for sale$999,999
2026-04-01Listing removed$1,100,000
2025-07-28Listed for sale$1,100,000
2020-07-01Listing removed$1,650,000
2019-09-10Listed for sale$1,650,000

For Sale by Agent

AgentHunter Gaston
BrokerageJohn L. Scott, Inc.

Similar Homes