$1,520,000

2 Beds 2 Baths 3,080 SQFT 0.10 Acres
Type: Single Family

2538 Dexter Ave N Avenue N
Seattle, WA 98109

MLS#: 2511118
Presented by: eXp Realty and NWMLS

Property Description

 

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. Additional information available. Buyer to verify all development potential.


 

Interior Features

Bedrooms

Bedrooms Lower0
Bedrooms Upper0
Main Level Bedrooms2
Total Bedrooms2

Bathrooms

3/4 Baths2
Bathrooms1.5
Baths Full Garage0
Baths Full Lower0
Baths Full Main0
Baths Full Upper0
Baths Half Garage0
Baths Half Lower0
Baths Half Main0
Baths Half Upper0
Baths Three Quarter Garage0
Baths Three Quarter Lower0
Baths Three Quarter Main2
Baths Three Quarter Upper0
Half Baths0
Total Baths2

Other Interior Features

Air Conditioning Y/NYes
BasementNone
Fireplace Y/NNo
FlooringHardwood, Carpet
Heating Y/NYes
Power Production TypeElectric, Natural Gas
Total Fireplaces0

General

Attached Garage No
Building Area Units0 sqft
Carport Y/NNo
CitySeattle
CoolingForced Air
CountyKing
DirectionsGPS is correct
Elementary SchoolHay
Facing DirectionWest
Full Baths0
HOANo
HOA Fee$0
HeatingForced Air
High SchoolLincoln High
High School DistrictSeattle
Land Lease Y/NNo
LevelsOne
Listing TermsCash, Conventional
Living Area3,080 sqft
Lot Size Square Feet4,500 sqft
Lot Size UnitsSquare Feet
MLS Area700 - Queen Anne/Magnolia
Middle/Junior High SchoolMc Clure Mid
NWM_ShowMapLinkY
New ConstructionNo
PossessionClosing
Property Style10 - 1 Story
Property SubtypeSingle Family Residence
Property TypeResidential
Public RemarksRare 9, 000 SF combined opportunity in the heart of South Lake Union2538 & 2540 Dexter Ave N offered together. Zoned LR3 (Buyer to Verify), this site presents strong potential for future redevelopment,
RoofComposition
Security FeaturesPartially Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeHouse
Subdivision NameLake Union
Tax Annual Amount$10,364
Tax Year2025
TopographySloped, Steep Slope
ViewBay, City, Lake, Mountains, Territorial
Water CompanySeattle Public Utilities
Year Built1924

Exterior

Building Area Total3,080 sqft
Covered Spaces0
Exterior AmenitiesCement/Concrete
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesCurbs, Paved, Sidewalk
Lot Size Acres0.1033
Parking FeaturesOff Street
Site FeaturesCable TV, Fenced-Partially, Gas Available, Patio
Total Parking0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

Elementary School Hay Elementary School
Middle School Mc Clure Mid
High School Lincoln High

  

Similar Properties

$1,520,000

2 Beds 2 Baths 3,080 SQFT 0.10 Acres
Type: Single Family

2538 Dexter Ave N Avenue N
Seattle, WA 98109

MLS#: 2511118