702 S Director Street, Seattle, WA 98108 (MLS # 2548900)

Listing provided courtesy of Northwest MLS; COMPASS

Price $775,000
Status Active
Beds 3
Baths 1 Bath
Home size 1,490 sqft
Lot Size 5,999 sqft
Rare opportunity to acquire a fully assembled three-parcel development in Seattle's thriving South Park neighborhood! This unique offering includes a beautifully updated, move-in-ready home plus two adjacent buildable lots, creating exceptional flexibility for builders, investors, or owner occupants. Live in or rent the existing home while developing the adjacent parcels, or take advantage of the shovel-ready project by utilizing the permit-approved plans included for two new 2,000+ SF homes on the vacant lots. Each parcel has its own assigned address, and all three are legally separate lots. Whether you're looking to generate rental income during construction, build and sell, or create a long-term investment portfolio, this property offers tremendous upside in one of Seattle's rapidly growing neighborhoods with strong demand for new construction. The house & vacant lots are also available individually (MLS# 2520051, MLS #2476505 and MLS #2476503), but the seller's preference is to sell all three parcels together, providing a rare turnkey development opportunity with much of the upfront planning already complete.
Property Type(s): Single Family
Last Updated 7/30/2026 Tract South Park
Year Built 1941 Community South Park
County King

SCHOOLS

Elementary School Concord
Jr. High School Denny Mid
High School Sealth High

Additional Details

AIR Ceiling Fan(s), None
APPLIANCES Dishwasher, Microwave, Refrigerator
AREA 130 - Burien/Normandy Park
CONSTRUCTION Metal Siding, Vinyl Siding
HEAT Electric, Forced Air, Natural Gas
INTERIOR Ceiling Fan(s)
LOT 5998 sq ft
LOT DESCRIPTION Corner Lot
MLS STATUS Active
PARKING Off Street, RV Access/Parking
STORIES 1
STYLE 10 - 1 Story
SUBDIVISION South Park
TAXES 4931
UTILITIES Sewer Connected
VIEW Yes
VIEW DESCRIPTION Territorial
WATER Public

Location

 

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 7/30/26 10:26 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.

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