Water Views
Address
2538 Dexter Ave N Avenue N, Seattle, WA
Price
$ 1,520,000
Property Attributes
- ID#2511118
- TypeSingle Family
- CountyKING
- CitySeattle
- AreaQueen Anne-Magnolia
- NeighborhoodLake Union
- Zip98109
- Style1 Story
- Year Built1924
- Taxes$ 10364
- Price$ 1,520,000
- Bedrooms2
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage3080
- Lot Size0.1033 Acres
Data Source:
Northwest Multiple Listing Service (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.
| Elementary School | Middle School | High School |
|---|---|---|
| Hay Elementary School | Mc Clure Mid | Lincoln High |
| Price History | |
|---|---|
| 4/23/2026 | Listed $1,520,000 |
General Features
| Living Area | 3080 |
|---|---|
| Sewer | Sewer Connected |
| Heating | Forced Air |
| Cooling | Forced Air |
| Possession | Closing |
| Roof | Composition |
| Security Features | Partially Fenced |
| Year Built | 1924 |
| View | Bay,City,Lake,Mountains,Territorial |
| Topography | Sloped,Steep Slope |
| Levels | One |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| County | King |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Attached Garage | No |
| Subdivision Name | Lake Union |
| Facing Direction | West |
| Special Listing Conditions | None |
| Status | Active |
| Directions | GPS is correct |
| High School | Lincoln High |
| City | Seattle |
| Senior Community Y/N | No |
| High School District | Seattle |
| MLS Area | 700 - Queen Anne/Magnolia |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 4500 |
| Carport Y/N | No |
| Listing Terms | Cash,Conventional |
| Elementary School | Hay |
| Land Lease Y/N | No |
| Tax Annual Amount | 10364.48 |
| Middle/Junior High School | Mc Clure Mid |
| Public Remarks | Rare 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, |
| Structure Type | House |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Water Company | Seattle Public Utilities |
| Property Style | 10 - 1 Story |
| NWM_ShowMapLink | Yes |
Interior Features
| Basement | None |
|---|---|
| Flooring | Hardwood,Carpet |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| 3/4 Baths | 2 |
| Total Bedrooms | 2 |
| Main Level Bedrooms | 2 |
| Total Baths | 2 |
| Power Production Type | Electric,Natural Gas |
| Baths Three Quarter Main | 2 |
| Bathrooms | 1.5 |
Exterior Features
| Exterior Amenities | Cement/Concrete |
|---|---|
| Parking Features | Off Street |
| Lot Features | Curbs,Paved,Sidewalk |
| Water Source | Public |
| Foundation Details | Poured Concrete |
| Building Area Total | 3080 |
| Lot Size Acres | 0.1033 |
| Waterfront Y/N | No |
| Irrigation Water Rights Y/N | No |
| Site Features | Cable TV,Fenced-Partially,Gas Available,Patio |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 98109
Price
Taxes
Year Built
Visits
In The Neighborhood
Waterfront
Seattle
$ 625,000
- Type
- Single Family | Active
- Rooms
- 0 Beds + 0 Baths
Listed by: KW Greater Seattle
Waterfront
Seattle
$ 179,000
- Type
- Single Family | Active
- Size
- 300 SqFt
- Rooms
- 1 Beds + 1 Baths
Listed by: Coldwell Banker Danforth
Reduced
Seattle
$ 1,400,000
- Type
- Single Family | Active
- Rooms
- 0 Beds + 0 Baths
Listed by: Urban Living
Reduced
Seattle
$ 650,000
- Type
- Single Family | Active
- Rooms
- 0 Beds + 0 Baths
Listed by: Urban Living
Reduced
Seattle
$ 750,000
- Type
- Single Family | Active
- Rooms
- 0 Beds + 0 Baths
Listed by: Urban Living
Waterfront
Seattle
$ 250,000
- Type
- Single Family | Active
- Size
- 504 SqFt
- Rooms
- 0 Beds + 0 Baths
Listed by: Coldwell Banker Danforth
Waterfront
Seattle
$ 777,000
- Type
- Single Family | Active
- Rooms
- 0 Beds + 0 Baths
Listed by: Special Agents Realty
Waterfront
Seattle
$ 598,000
- Type
- Single Family | Active
- Size
- 900 SqFt
- Rooms
- 1 Beds + 1 Baths
Listed by: Seattle Afloat LLC
Reduced
Seattle
$ 1,004,950
- Type
- Single Family | Active
- Size
- 1,725 SqFt
- Rooms
- 3 Beds + 2.5 Baths
Listed by: COMPASS
Reduced
Seattle
$ 299,000
- Type
- Single Family | Active
- Size
- 319 SqFt
- Rooms
- 1 Beds + 1 Baths
Listed by: Windermere RE Magnolia
Waterfront
Seattle
$ 499,000
- Type
- Single Family | Active
- Size
- 750 SqFt
- Rooms
- 1 Beds + 1 Baths
Listed by: RE/MAX Elite
Reduced
Seattle
$ 349,900
- Type
- Single Family | Active
- Size
- 420 SqFt
- Rooms
- 1 Beds + 1 Baths
Listed by: RE/MAX Elite
