$6,500,000
Active
24 Days Online
0 Beds0 Baths0 SQFT
Active

8716 Sand Point Way NE #1-14Seattle, WA 98115

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Positioned on the western shore of Lake Washington in the desirable Matthews Beach neighborhood just steps from the Burke-Gilman trail & short walk from Matthews Beach, Beach Club Cottages is a 14-unit multifamily community comprised of 6 buildings on two adjacent parcels. Boasting lake frontage, direct beach access, boat slips, garage & off-street parking, & fully renovated, luxury units, this property is a high-quality asset that should provide nearly 0% vacancy & will appeal to both apartment & owner-occupant investors. Alternatively, a new owner may opt to purchase the property, hold it for a time to enjoy the cash flow it offers, & then, at some futre date, redevelop the prime, waterfront parcels with a stunning home of their dreams.

  • Property TypeLand
  • NeighborhoodMatthews Beach
  • CountyKing
  • Taxes$57,069
  • HOA/Condo/Coop Fees$0
  • Days on Site23 Days
  • MLS StatusActive
  • MLS ID Number2242408
  • Home Size Source N/A
  • Year BuiltN/A
  • Lot Size1.0849 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Garage
  • Acreage 1.0849
  • Zoning NR3
  • Utilities Natural Gas AvailableElectricity Connected
  • Sewer On Property
  • Water On Property
  • Lot Features Open SpacePaved

Interior Features

  • Fireplaces 0
  • Fireplace No

Exterior Features

  • View LakeMountain(s)Territorial
  • Waterfront Property Yes
  • Waterfront Features Bank- LowLake
  • Lot Open SpacePaved
  • Waterfront true

Community Features

  • Association Dues 0
  • Senior Community No
  • MLS Area 710 - North Seattle

Schools

School District
Seattle
Elementary School
View Ridge
Middle School
Eckstein Mid
High School
Nathan Hale High

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Monthly Payment (Est.)

$34,421
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