Listing Provided Courtesy of Realogics Sotheby’s Int’l RltyReady-to-build opportunity with City of Seattle permit for a 6,200+ SF custom home. Set on a rare and level 20,699 SF lot in Madison Estates, an exclusive, gated Lake Washington luxury community in the heart of Madison Park. This property offers a truly special setting. The site is beautifully positioned beside an architect-designed pond and surrounded by mature old-growth trees, creating a serene and distinctive landscape. Enjoy private community access to a boat dock and waterfront features. Permitted plans for a stunning Northwest Contemporary residence are included, or bring your own vision (in compliance with the HOA). Ideally located only blocks from the vibrant Madison Park Village, with its popular shops, restaurants, parks, and schools. Seller financing available.
Property Details
Price:
$1,500,000
MLS #:
NWM2510960
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Subdivision:
Madison Park
Neighborhood:
390centralseattle
Listed Date:
Apr 21, 2026
Lot Size:
20,699 sqft / 0.48 acres (approx)
See this Listing
Schools
School District:
Seattle
Elementary School:
Seattle Public Sch
Middle School:
Seattle Public Sch
High School:
Seattle Public Sch
Interior
Exterior
Community Features
Boat Launch, CCRs, Gated
Lot Features
Cul-De-Sac, Dead End Street, Paved
Security Features
Security Gate
View
Lake, Territorial
Waterfront Features
Lake, No Bank
Financial
HOA Fee
$1,188
HOA Fee Frequency
Monthly
HOA Includes
Common Area Maintenance, Road Maintenance, See Remarks
Tax Year
2025
Taxes
$16,050
Map
Community
- Address2540 39th Avenue E #5 Seattle WA
- SubdivisionMadison Park
- CitySeattle
- CountyKing
- Zip Code98112
Subdivisions in Seattle
- Admiral
- Alaska Junction
- Alki
- Allentown
- Arbor Heights
- Arboretum
- Arroyo
- Ballard
- Beach Drive
- Beacon Hill
- Belltown
- Belvedere Terrace
- Belvidere
- Bitter Lake
- Blue Ridge
- Boulevard Park
- Briarcrest
- Brighton
- Broadmoor
- Broadview
- Broadway
- Bryant
- Bryn Mawr
- Burien
- Campbell Hill
- Capitol Hill
- Cedar Park
- Cedarhurst
- Central Area
- Columbia
- Columbia City
- Crown Hill
- Delridge
- Denny Blaine
- Denny Triangle
- Downtown
- Dunlap
- Earlington
- Eastlake
- Fairmount
- Fauntleroy
- First Hill
- Fremont
- Gatewood
- Genesee
- Georgetown
- Glen Acres
- Green Lake
- Greenwood
- Gregory Heights
- Haller Lake
- Hawthorne Hills
- High Point
- Highland Park
- Highline
- Hillman City
- Holly Park
- International District
- Inverness
- Jackson Park
- Judkins
- Kent
- Lake City
- Lake Forest Park
- Lake Union
- Lakeridge
- Lakewood
- Laurelhurst
- Leschi
- Licton Springs
- Lincoln Park
- Loyal Heights
- Madison Park
- Madison Valley
- Madrona
- Magnolia
- Magnolia Bluff
- Maple Leaf
- Matthews Beach
- Meadowbrook
- Montlake
- Morgan Junction
- Mt Baker
- N Beacon Hill
- North Admiral
- North Beach
- North Burien
- North Capitol Hill
- North City
- North Shorewood
- Northgate
- Olympic Hills
- Olympic Manor
- Phinney Ridge
- Pigeon Point
- Pinehurst
- Pioneer Square
- Portage Bay
- Puget Ridge
- Queen Anne
- Rainier Beach
- Rainier Valley
- Ravenna
- Renton
- Roosevelt
- Sand Point
- SeaTac
- Seattle
- Seaview
- Seola Beach
- Seward Park
- Shoreline
- Shorewood
- Skyway
- Sodo
- South Lake Union
- South Park
- Southern
- Sunset Hill
- The Highlands
- Top Hat
- Tukwila
- University District
- Upper Rainier Beach
- Victory Heights
- View Ridge
- Wallingford
- Washington Park
- Wedgwood
- West Seattle
- Westlake
- Westwood
- Westwood Village
- White Center
- Whittier
- Windermere
- Woodland Park
Market Summary
Property Summary
- Located in the Madison Park subdivision, 2540 39th Avenue E #5 Seattle WA is a Land for sale in Seattle, WA, 98112. It is listed for $1,500,000 and features 0 acres. To schedule a showing of MLS#nwm2510960 at 2540 39th Avenue E #5 in Seattle, WA, contact your Best in the West agent at 206-351-5550.
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Courtesy of Realogics Sotheby’s Int’l Rlty. Disclaimer: Based on information submitted to the MLS GRID as of Apr-28-2026 1:17:05 am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.Copyright 2026. All rights reserved.
2540 39th Avenue E #5
Seattle, WA