$1,520,000
169 cumulative days on market
$1,599,782
$80K
Estimated value as of Apr 2026
2
2
3,080 sqft
Source:
NWMLS as Distributed by MLS Grid #2511118
Description
Rare 9,000 SF combined opportunity in the heart of South Lake Union—2538 & 2540 Dexter Ave N offered together. Zoned LR3 (Buyer to Verify), this site presents strong potential for future redevelopment, including apartments, townhomes, or a boutique multi-unit project.At the same time, both properties are livable today with flexible use: 2538 is a duplex (2 × 1BD/1BA) and 2540 is a ~2,700 SF single-family home (3BD/2.25BA), well-suited for owner-occupancy, multi-generational living, or rental income while planning next steps.Elevated site captures expansive views of Lake Union, Gas Works Park, Ship Canal, Seattle skyline, and the Cascade Mountains—a rare combination of scale, view, and location.Minutes to South Lake Union, Fremont, and Downtown, with transit, bike routes, and daily amenities nearby.A unique in-city asset offering immediate usability with long-term upside. Additional information available. Buyer to verify all development potential.
Listing Updated:
Sep 21, 2026 at 4:26 PM UTC
Listing provided courtesy of Northwest MLS. Information contained herein is derived from different sources but has not been independently verified by Urban Living, MLS Grid, or the MLS, and should be verified by the buyer. 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 or agent presenting the information.
2538 Dexter Ave N Avenue N, Seattle
Home Details
Category
Residential
Style
Single Family Residence
Type
House
Taxes / Year
$10,364.48 / 2025
Status
Active
List Date
Apr 22, 2026
Listing Updated
Sep 21, 2026
Year Built
1924
Features
Beds & Baths
Total Beds
2
Baths
2
Heating & Cooling
Heating Type
Forced Air
Air Conditioning
Forced Air
Fireplaces
No
Basement
Type
None
Exterior
Construction
Year Built
1924
Construction Details
Foundation Type
Poured Concrete
Roof Material
Composition
Exterior
Cement/Concrete
Water & Sewer
Water Supply
Public
Sewer
Sewer Connected
Legal
Brokerage
EXp Realty
Sale History
Active
(169 cumulative days on market)
Viewing now
Apr 22, 2026
Listed For Sale
$1,520,000
NWMLS as Distributed
by MLS Grid #2511118
Lake Union Residential Insights
Market statistics and visualizations are provided by Repliers.com and are based on NWMLS data as Distributed by MLS Grid
Seattle Residential Insights
Market statistics and visualizations are provided by Repliers.com and are based on NWMLS data as Distributed by MLS Grid
Based on information submitted to the MLS Grid as of Mon, Sep 21, 2026. All data is obtained from various sources and may not have been verified by broker or MLS Grid. 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.
Details provided by NWMLS as Distributed by MLS Grid and may not match the public record. Learn more.
Listed By:
Helena Chen, eXp Realty
Listing Updated:
Sep 21, 2026 at 4:26 PM UTC
