Bought with Pointwest Commercial Realty
$8,500,000
$10,175,000
16.5%For more information regarding the value of a property, please contact us for a free consultation.
8.36 Acres Lot
SOLD DATE : 06/06/2022
Key Details
Sold Price $8,500,000
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
Subdivision Newcastle
MLS Listing ID 1870873
Sold Date 06/06/22
Style 41 - Res-Over 1 Acre
Lot Size 8.360 Acres
Property Description
Nestled on the side of a hill in the Kennydale area of Renton is the delightful new neighborhood of Canopy. This is a prime, “A” location site created for the burgeoning Eastside high-tech market. The community is 55 single family lots, designed for 20’ to 25’ wide homes. Current floor plans by a well-known architect are available, with 3 & 4 bedroom plans and attached, side-by-side two-car garages. Many homes will potentially have views of Lake Washington. The P-Plat is approved, and engineered drawings will be approved by Q1 2022 making the project shovel-ready. Lot development costs are high, but so will be exit pricing! Contact us for a conversation and Dropbox access.
Location
State WA
County King
Area 500 - East Side/South
Interior
Fireplace false
Exterior
Utilities Available Natural Gas Available, Electricity Available
Waterfront No
View Y/N Yes
View See Remarks
Garage No
Building
Sewer Available
Water Available
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Renton
Others
Senior Community No
Acceptable Financing Cash Out
Listing Terms Cash Out
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