Unlock the value of this Magnolia development opportunity, perfectly positioned for those ready to rehab, re-imagine, or potentially redevelop in one of Seattle’s most coveted neighborhoods. Located just one block from the scenic trails of Discovery Park and the convenience of Metropolitan Market. The 6000 sqft lot is zoned NR3 and offers an existing structure with 4 bedrooms and 1 bath on a quiet block. The property also features a detached one-car garage with alley access, providing excellent potential for future expansion or redevelopment. Whether you are an investor looking for your next venture, a builder seeking a premium lot, or an end-user eager to build equity through a rehab and renovation, this property presents a rare chance to start a new project. Estate sale, and being sold as-is with no repairs. Buyer to perform all inspections, due-diligence and feasibility prior to offer. Don't miss this opportunity in a neighborhood known for its enduring appeal and community charm.