708 W Prospect Street, Seattle, WA 98119

$1,898,500
4,154
SqFt

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Listing Broker: John L. Scott, Inc.; Jeffrey A Valcik; 206-298-0099; jeff@javspp.com

List Price
$1,898,500
Status
ACTIVE
MLS#
2594321
Style
52 - Duplex
Building Condition
Updated/Remodeled
Finished SqFt
4,154
Area Total SqFt
4154
Annual Tax Ammount
18593
Internet Provider
Xfinity
Lot Size (sq ft)
5,220
Sewer
Sewer Connected

Property Description

Offered for the 1st time in more than 4 decades! The last home tucked at the end of one of Seattle’s most prestigious cobblestone dead-end streets, where roadway gives way to lush greenbelt and neighboring $4.5M–$6M view estates. Sweeping Elliott Bay, island and Olympic Mountain views with extraordinary privacy—yet moments from manicured parks, top schools, cafés, bakeries, shops and near-immediate access to Amazon, Gates Foundation, Climate Pledge Arena, Google, Apple and downtown. Meticulously remodeled/expanded from the foundation up while preserving its timeless character. Designer grounds introduce gleaming oak floors, soaring ceilings, elegant living and grand dining rooms, open chef’s kitchen with slab counters and handcrafted cabinetry, plus view eating space adjoining a Sound-view media room above the oversized 2-car garage. Daylight lower level offers private guest/caretaker quarters or Legal ADU with separate entrance. Newer roof, wiring, plumbing, sewer liner, heating and extensive additional improvements create a truly turnkey 4,200± SF residence. Move in beautifully today—or reimagine the existing footprint into a remarkable 6+BR signature estate with an expansive unobstructed 300 degree view primary suite, contemp kitchen and dramatic entertaining spaces that open to pvt ground/massive view deck, without starting from scratch could fetch $4.5M done! A rare opportunity as is or create a landmark home worthy of its extraordinary setting and neighboring estates.

Additional Information

Community
Queen Anne
Net Operating Income
$172,910
Gross Adjusted Income
$172,910
Gross Scheduled Income
$204,000
Total Monthly Income
$17,000
Insurance Expenses
$6,222
Water/Sewer/Garbage Expenses
$2,374
Gross Rent Multiplier
10.98
Total Expenses
$31,090
Cap Rate
9
Total Number of Units
2
Unit Name
708
Potential Terms
Cash, Conventional, FHA
Year Built
1902
View
Bay, City, Mountains, See Remarks, Sound, Territorial
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet, Patio
Electric Expenses
2258
Energy Source
Electric, Natural Gas
School District
Seattle
Elementary School
Frantz Coe Elementary
Middle School
Mc Clure Mid
High School
Lincoln High
Total Monthly Income
$17,000
Gross Scheduled Income
$204,000
Gross Adjusted Income
$172,910
Tax Year
2026
Insurance Expense
$6,222
W/S/G Expenses
$2,374
Total Expenses
$31,090
Net Operating Income
$172,910
Gross Rent Multiplier
10.98
Cap Rate
9
Based on information submitted to the MLS GRID as of . 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.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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