3 Residential Development Lots with Potential for 8 Units

Seattle, WA: 3 Residential Development Lots with Potential for 8 Units in South Beacon Hill (King County) 10% Buyer's Premium - Online Only Position your next Seattle development project in South Beacon Hill with this compelling three-parcel portfolio along Leroy Place South. Perched well above I-5, the properties offer approximately 22,000± SF of land and preliminary potential for up to eight single-family homes or townhomes. The offering includes two contiguous 7,200± SF parcels-Lots 430 and 400-Each identified as having potential for three residences and each selling absolute, with no minimum bid or reserve. A neighboring 7,600± SF parcel-Lot 441-Offers potential for two additional residences and will sell subject to Seller approval. Seize the opportunity to acquire one, two, or all three parcels and bring a distinctive new residential vision to Seattle's desirable South Beacon Hill area. Whether you are building your dream home or pursuing a multi-unit development project, builders and investors can capitalize on a flexible opportunity to establish a multi-unit development pipeline in an established Seattle neighborhood, with the ability to create a larger, phased residential project. Due-diligence materials include Geotechnical Engineering and Site Plan Feasibility Studies that concluded the properties evaluated in the report were suitable for future development, provided the report's recommendations are fully implemented and observed during construction. ___ Lot 400: Development Opportunity - 7,200± SF Lot with Potential for 3 Single Family Townhomes Selling Absolute - No Minimum Bid or Reserve Required Address: 9431 Leroy Place South, Seattle, WA 98118 Commonly Referred to as “Parcel C” King County Tax Parcel: 789630-0400 2025 King County Tax Appraised Value: $103,000 2025 King County Property Taxes: $1,159.51 Zoning: NR2 - Neighborhood Residential Each of the potential 3 units or single family townhomes will have its own title. ___ Lot 430: 7,200± SF Lot with Potential for 3 Single Family Townhomes Selling Absolute - No Minimum Bid or Reserve Required Address: 9419 Leroy Place South, Seattle, WA 98118 Commonly Referred to as “Parcel B” King County Tax Parcel: 789630-0430 King County lists Lot Size as 7,800± Sf 2025 King County Tax Appraised Value: $122,000 2025 King County Property Taxes: $1,350.33 Zoning: NR2 - Neighborhood Residential Each of the potential 3 units or single family townhomes will have its own title. ___ Lot 441: 7,600± SF Lot with Potential for 2 Single Family Townhomes Selling with an Undisclosed Reserve - Minimum Bid Required to Sell Address: 9401 Leroy Place South, Seattle, WA 98118 Commonly Referred to as “Parcel Z” King County Tax Parcel: 789630-0441 2025 King County Tax Appraised Value: $227,000 2025 King County Property Taxes: $2,310.52 Zoning: NR2 - Neighborhood Residential Each of the potential 2 units or single family townhomes will have its own title. ___ Bidding Starts to Close: Wednesday, August 12, 2026, at 11:00 AM PT Inspection: Inspect anytime Property Addresses: 9431, 9419 & 9401 Leroy Place South, Seattle, WA 98118 Sale Broker: Scott Gibbons, Compass Washington, Llc., (425) 890 7140 Sale Manager: Austin McRoberts, 404-500-6628 Grouped Extension: For fairness and convenience, all lots in this auction have been placed in a grouped extension. When a bid is placed on ANY lot, the closing time for All lots will automatically extend to allow additional time for competitive bidding across all grouped lots. ___ Visit Website to Register & Bid. ___ Terms: Proof of Funds Required to Bid, 10% Buyer's Premium added to winning bid to determine sale price, Earnest Money Deposit 10% of Purchase Price, 2% Broker Co-op, close in 30 days. Auction Management Corporation in Cooperation with Scott Gibbons of Compass Washington, Llc., License 16911