2538 2540 Dexter Avenue N Seattle WA 98109 MLS #NWM2511133

2538 2540 Dexter Avenue N
Seattle, WA, 98109
$3,000,000
Beds
0 Baths
0 SqFt
0.21 Acres
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MLS #NWM2511133 image #0
Listing Provided Courtesy of eXp Realty
Rare 9,000 SF combined opportunity in the heart of South Lake Union—2538 & 2540 Dexter Ave N offered together. Zoned LR3 (Buyer to Verify), this site presents strong potential for future redevelopment, including apartments, townhomes, or a boutique multi-unit project.At the same time, both properties are livable today with flexible use—2538 is a duplex (2 × 1BD/1BA) and 2540 is a ~2,700 SF single-family home (3BD/2.25BA), well-suited for owner-occupancy, multi-generational living, or rental income while planning next steps.Elevated site captures expansive views of Lake Union, Gas Works Park, Ship Canal, Seattle skyline, and the Cascade Mountains—a rare combination of scale, view, and location.Minutes to South Lake Union, Fremont, and Downtown, with transit, bike routes, and daily amenities nearby.A unique in-city asset offering immediate usability with long-term upside. Geotech and additional information available. Buyer to verify all development potential.

Property Details

Price:
$3,000,000
MLS #:
NWM2511133
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Subdivision:
Lake Union
Neighborhood:
700queenannemagnolia
Listed Date:
Apr 22, 2026
Lot Size:
9,000 sqft / 0.21 acres (approx)
700 – Queen Anne/magnolia700queenannemagnoliaLake UnionSeattleJohn Hay ElementaryMc Clure MidLincoln High

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Schools

School District:
Seattle
Elementary School:
John Hay Elementary
Middle School:
Mc Clure Mid
High School:
Lincoln High

Interior

Exterior

Lot Features
Curbs, Paved, Sidewalk
View
Bay, City, Lake, Mountains, Territorial

Financial

Map

Community

Subdivisions in Seattle

Market Summary

Current real estate data for Land in Seattle as of Apr 28, 2026
185
Land Listed
189
Avg DOM
$1,223,208
Avg List Price

Property Summary

    Located in the Lake Union subdivision, 2538 2540 Dexter Avenue N Seattle WA is a Land for sale in Seattle, WA, 98109. It is listed for $3,000,000 and features 0 acres. To schedule a showing of MLS#nwm2511133 at 2538 2540 Dexter Avenue N in Seattle, WA, contact your Best in the West agent at 206-351-5550.

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