For sale Home

Listed Mar 18, 2026

$550,000 Est. $3,638/mo

2531 Gilman Drive West

  • 4

    Beds

  • 1

    Baths

  • 1,310

    Sq ft

The story

  • Basement

Prime redevelopment opportunity in Seattle’s sought-after Queen Anne / Interbay corridor. Property is being sold as-is for land value; existing home is considered a tear-down. City permits and architectural renderings are already in place for future development and included with the sale, offering a potential time savings for the next owner. Single Family Home (SFH) and Accessory Dwelling Unit (ADU) potential! Convenient locations for commuters with quick access to Downtown Seattle, South Lake Union, and major transit routes, the location offers easy connectivity while maintaining the residential appeal of Queen Anne. Close to parks, dining, and neighborhood amenities, this is a rare chance to build in one of Seattle’s most desirable neighborhoods with much of the groundwork already completed. Buyer to verify all development information to their satisfaction.

Facts & features

Home type

Home

Year built

1910

Price per sq ft

$420

Included features

  • Basement

    Yes

  • Heating

    Forced Air

  • Roof

    Composition

  • Exterior

    Wood

  • Sewer

    Available

Mortgage calculator

Estimated monthly payment

$3,638 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $2,927
  • Property tax $550
  • Insurance $160

Includes principal, interest, taxes & insurance.

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Listing Broker

Windermere Real Estate Co.

Broker Name

Windermere Real Estate Co.

Agent

Gunnar M. Hadley