2031 Market Street

Rare opportunity to acquire a development-ready homesite where the value extends far beyond the land itself. The boundary line adjustment is in its final stages, creating an approx. 9,985 SF homesite while removing a significant easement to provide a cleaner, more functional building envelope. Included are valuable architectural plans & a permit package also in the final stages of approval for an approx. 4,335 SF modern luxury residence, allowing the next owner to save significant time while reducing development cost, uncertainty & risk. Located in one of Kirkland's most sought-after neighborhoods just moments from Juanita Bay Park, downtown Kirkland, waterfront amenities, dining, shopping & major commuter routes, this sunny, level property presents an exceptional opportunity for builders, developers, investors or end users seeking a premium custom homesite. The included design features a dramatic 2-story contemporary residence w/ expansive living spaces & a 3-car garage, providing a strong foundation for a luxury build. The existing home is tenant-occupied on a month-to-month lease, providing rental income while the final permit approvals are completed. For buyers seeking an even larger development opportunity, neighboring 2025 Market St is available for purchase. The combined properties may offer up to 5 cottages, per CIty - buyer to verify. Ask LA for architectural plans, BLA info & development details. Pls do not disturb tenants. Showings available after mutual.