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18824 Midvale Avenue N, Seattle, WA, 98133

2beds
1baths
800sqft
$925,000
$1,156price/sqft
$5,821/moest. monthly cost
$232,840/yrincome needed

About This Home

Builder and Developer Alert! Exceptional development opportunity in Shoreline! This rare offering includes an NR2-zoned parcel on a flat, usable site situated at the end of a quiet dead-end street. The property currently features a 2-bedroom, 1-bath home, providing potential rental income or interim occupancy while future development plans are pursued. Utilities have already been extended to the rear portion of the property, creating an attractive opportunity for two additional residential homes. Significant site improvements have already been completed, including curb, sidewalk, two electrical meters, and driveway access to the rear lots. Based on a preliminary meeting with the City of Shoreline, the site may support up to nine residential units if the existing home is removed. Buyers are encouraged to conduct their own due diligence and verify all development potential, zoning requirements, density allowances, and permitted uses with the city. Whether you're a builder, developer, or investor, this unique double-parcel property offers exceptional flexibility, valuable infrastructure improvements, and significant upside potential in one of Shoreline's most sought-after locations. Development-ready opportunities with this level of preparation and potential are increasingly difficult to find.

Getting Around

72
WalkingVery Walkable
55
TransitGood Transit
84
BikeVery Bikeable

Schools

6/10
6/10
9/10
Shorewood High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 1951

Materials

  • Foundation: Block
  • Roof: Composition
  • Construction materials: Wood Siding

Notable Dates

  • Major remodel year: 1951

Type & Style

  • Home type: SingleFamily
  • Architectural style: 1 Story
  • Property subType: Single Family Residence

Interior

Basement

  • Basement: None

Bathroom Full

  • Level: Main

Bedroom

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Features

  • Dining Room

Heating & Cooling

  • Heating features: Baseboard,Electric
  • Cooling features: None

Interior Area

  • Total structure area: 800
  • Total interior livable area: 800 sqft

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 1643500045
  • Zoning description: Jurisdiction: City
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Main
  • Patio & porch: Dining Room
  • Topography of land: Level
  • Residential vegetation: Garden Space

Lot

  • Lot size: 0.25 Acres
  • Features: Curbs,Dead End Street,Paved,Sidewalk,Value In Land,Fenced-Partially,Patio,RV Parking

Parking

  • Parking features: Driveway,Off Street,RV Parking

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 $4,677$56,124
Home Insurance *$162$1,944
Property Taxes $833$9,996
Electricity $149$1,793
Total$5,821$69,852
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$199,577/yr
40% on housing$174,630/yr
45% on housing$155,226/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

$1,156This listing

vs Other Active Listings

Avg $/sqft

ZIP 98133$310
King County$442

vs Homes Sold Last Month

Median $/sqft

ZIP 98133$467
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
2026-07-03Listed for sale$925,000
2021-03-03Listing removed--
2021-02-25Listed for rent$2,100
2020-09-01Listing removed$1,000,000
2019-08-30Listed for sale$1,000,000
2018-06-07Listing removed$900,000
2017-07-29Listed for sale$900,000
2016-05-06Listing removed$500,000
2016-02-12Listed for sale$500,000
2011-11-10Listing removed$1,000
2011-10-18Listed for rent$1,000
2006-06-01Sold$265,000
2005-01-28Sold$232,500

For Sale by Agent

AgentDouglas P Buck Hoffman
BrokerageWindermere Real Estate/East

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