5603 SW Lander Street, Seattle, WA, 98116
About This Home
Rare opportunity to own a prime corner lot in one of West Seattle's most sought-after neighborhoods. Located just two blocks from Alki Beach, this 5,070 SF NR3-zoned property offers a unique opportunity for builders, investors, developers, or buyers looking to renovate and create their dream beach-area home. The existing 940 SF home features 2 bedrooms and 1 bathroom and is largely original throughout, making it an ideal candidate for a major renovation or redevelopment project. Tax records indicate the home was built in 1949 and sits on a level 63' x 80' corner lot. The location is hard to beat. Enjoy easy access to Alki Beach, waterfront restaurants, coffee shops, Alki Elementary School, Alki Playground, and all the amenities that make this one of Seattle's most desirable neighborhoods. Whether you're looking for a project home, long-term investment, or future development site, opportunities like this rarely come available. The NR3 zoning and corner lot configuration may provide attractive redevelopment potential, subject to buyer verification and City of Seattle approval. Property is being sold as-is. Buyers should be aware that a large tree toward the rear of the property may impact future site planning and development options. Property also shares a driveway and sewer line with the neighboring property to the west. Buyer to verify all information, zoning regulations, development potential, and feasibility to their own satisfaction.
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1949
Materials
- Foundation: Poured Concrete
- Roof: Flat
- Construction materials: Wood Products
Type & Style
- Home type: SingleFamily
- Architectural style: 1 Story
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Microwave,Stove(s)/Range(s),Washer,Dishwasher(s),Dryer(s),Microwave(s),Washer(s)
Basement
- Basement: None
Bathroom Full
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Entry Hall
- Level: Main
Features
- Number of fireplaces: 1
- Fireplace features: Main Level: 1,Fireplace
- Fireplace: Yes
Heating & Cooling
- Heating features: Fireplace,Baseboard,Electric
- Cooling features: None
Interior Area
- Total structure area: 940
- Total interior livable area: 940 sqft
Kitchen With Eating Space
- Level: Main
Living Room
- Level: Main
Property
Details
- Parcel number: 6372000485
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Fireplace
- Topography of land: Level
- Residential vegetation: Garden Space
Lot
- Lot size: 5,070 sqft
- Features: Corner Lot,Curbs,Paved,Sidewalk,Patio
Parking
- Total spaces: 4
- Parking features: Driveway,Detached Garage
- Has garage: Yes
- Covered spaces: 1
- Uncovered spaces: 3
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
- Coastal Flooding
- Earthquake
- Heat Wave
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in King County and Washington
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,044 | $48,528 |
| Home Insurance * | $129 | $1,548 |
| Property Taxes | $718 | $8,616 |
| Electricity | $149 | $1,793 |
| Total | $5,040 | $60,480 |
Income You'd Need if You Spent...
Washington FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-06 | Price change | $765,000 |
| 2026-07-07 | Price change | $799,950 |
| 2026-06-12 | Listed for sale | $849,950 |
| 2022-03-03 | Listing removed | -- |
| 2022-02-15 | Listed for rent | $2,500 |
| 1999-04-13 | Sold | $200,000 |
| 1995-07-31 | Sold | $135,000 |
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