Kirkland, WA 98033 505 3rd Street

$2,950,000

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Presented By: Venture Real Estate Group LLC and NWMLS
  • Northwest Multiple Listing Service (NWMLS) - 21 - WA
  • MLS# 2422251
  • 08/16/2025
  • Get pre-approved
  • Request Tour
  • Request Info
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.

Home Details

Exceptional rare location & land development opportunity in Kirkland East of Market! Located just a 2-min walk from vibrant downtown Kirkland, this property potential offers numerous development possibilities. Plans are available for constructing 6 cottages /townhomes. Choose existing renovated duplex & add 4 more units. Option to develop tiny homes or long-term strategy, retain the property & utilize existing duplex as a STR w/ strong cash flow for future development. Existing units fully renovated, incl new kitchen cab, qrtz cntrs, SS apps, w/ W/D. Lot is a unique opportunity in downtown Kirkland w/multiple development potential. Driveway variance in process w/ City of Kirkland. Buyer to verify all information to their satisfaction.
Presented By: Venture Real Estate Group LLC and NWMLS

Interior Features for 505 3rd Street

Bedrooms

Bedrooms Upper

Bathrooms

Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper

Other Interior Features

Air Conditioning Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Total Fireplaces

General for 505 3rd Street

Building Area UnitsSquare Feet
Carport Y/NNo
CityKirkland
CountyKing
DirectionsFrom 405 exit 85th St West, turn Right on 3rd St. Property will be on your Left side at the corner of 5th Ave.
Elementary SchoolPeter Kirk Elementary
Gas StatusOn Property
HOANo
HOA Fee$
High SchoolLake Wash High
High School DistrictLake Washington
Listing TermsCash Out, Conventional
Lot Size Square Feet5100
Lot Size UnitsSquare Feet
MLS Area560 – Kirkland/Bridle Trails
Middle/Junior High SchoolKirkland Middle
ModificationTimestamp2025-09-05T04:02:11.469Z
NWM_ShowMapLinkY
PossessionClosing
Possible UseMulti-Family, Residential
Property Style42 – Multi-Family
Property SubtypeLand
Property TypeLand
Public RemarksExceptional rare location & land development opportunity in Kirkland East of Market! Located just a 2-min walk from vibrant downtown Kirkland, this property potential offers numerous development possi
Senior Community Y/NNo
SewerAvailable, On Property
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeMulti Family
Subdivision NameDowntown
Tax Annual Amount12290
Tax Year2025
TopographyLevel
UtilitiesElectricity Connected, Natural Gas Available
ViewTerritorial
Zoning DescriptionMulti-Family, Residential

Exterior for 505 3rd Street

Building Area Total
Irrigation Water Rights Y/NNo
Lot FeaturesCorner Lot, Paved, Sidewalk
Lot Number21-22
Lot Size Acres0.1171
Road ResponsibilitySee Remarks
Road Surface TypeSee Remarks
Water SourceAvailable, On Property, See Remarks
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Lake Wash High
Middle School Kirkland Middle
Elementary School Peter Kirk Elementary

Josh QA1

REALTOR ® SRES ®
Price $2,950,000
MLS#2422251
List Date 08/16/2025
Property Type Land
Phone 925.123.4567
Get pre-approved
Request Tour
Request Info
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