University District Land for Sale

Welcome to the vibrant University District, an iconic neighborhood nestled in the heart of Seattle, Washington. Known for its eclectic mix of culture, education, and community spirit, the University District is a dynamic hub that offers a unique lifestyle for residents and visitors alike. With the University of Washington at its core, this area buzzes with youthful energy, making it a fantastic place for families, students, and professionals.

As you stroll through the tree-lined streets, you'll discover a delightful array of shops, cafes, and restaurants that cater to every palate. From cozy coffee shops perfect for study sessions to trendy eateries offering international cuisine, the University District is a food lover's paradise. The neighborhood also boasts beautiful parks, including the expansive University of Washington campus, where you can enjoy serene walks or engage in recreational activities.

For those considering a more permanent move, we are excited to present an incredible opportunity: land for sale in the University District. This is not just a chance to own a piece of Seattle; it’s an invitation to build your dream home in a vibrant community that thrives on innovation and creativity. Imagine designing a space that reflects your unique style, all while being steps away from the cultural richness of the area.

With excellent public transportation options and a close-knit community feel, the University District is the perfect blend of urban convenience and suburban charm. Don’t miss out on the chance to invest in this thriving neighborhood—your future home awaits!

Newest University District Land for Sale

$3,785,000

2558839 MLS ⋅ ACTIVE Status

Premier 10,000sqft University of Washington development site on Greek Row (PARKING LOT ONLY). Flat, no SIP'S (street improvements), and big views. One block walk to campus entrance. Consultant reports attached includes survey, geotech, arborist report, etc. Phase I available upon request (file size is too large to upload). Current monthly income from Diamond Parking Lease.

4626 21st Avenue NE, Seattle

Listing courtesy of Alchemy Real Estate.

$8,350,000

2556646 MLS ⋅ ACTIVE Status

Premier 20,000sqft University of Washington development site on Greek Row. Flat, no SIP'S (street improvements), and big views. One block walk to campus entrance. Consultant reports attached and full Due Diligence package available upon request. Entitlements for a +/-150 unit student housing building are in the final stages of reviews with Seattle Department of Construction and Inspections (SDCI). Current monthly income from Diamond Parking Lease. Building is occupied by a non-profit and receives a substantial property tax exemption (20 day notice to vacate).

4626 21st Avenue NE, Seattle

Listing courtesy of Alchemy Real Estate.

$4,950,000

2549382 MLS ⋅ ACTIVE Status

Prime development land in Seattle's University District — one block from UW's central campus, steps from U District Link light rail, and flanked by the retail corridor along University Way and 15th Ave NE. Three contiguous parcels totaling 12,960 SF, zoned NC2-75(M) and NC2-65(M1), supporting multifamily, student housing, and ground-floor commercial with mixed-use FAR up to 6.0. Sites of this size and zoning quality adjacent to UW rarely come to market. Priced at $4,950,000 — well below King County assessed value — offering immediate equity and full development flexibility. An exceptional opportunity for developers and investors seeking premium entitled land with the greatest investment value in Seattle's most supply-constrained university submarket.

4722 - 4730 15th Avenue NE, Seattle

Listing courtesy of Best Choice Realty LLC.

$2,490,000

2531005 MLS ⋅ ACTIVE Status

Discover an exceptional development opportunity located in the vibrant heart of the U-District. Situated just blocks away from the University of Washington and the new Roosevelt light rail station, this property offers unparalleled convenience & connectivity. This location promises a dynamic urban lifestyle w/proximity to Ravenna Park, Green Lake, U-Village Shopping Center, Whole Foods, Trader Joes, bars & eateries. The 7440 sf lot is currently zoned NC2P-40, in future up zone area of U-District! Seize the opportunity with this ideal development site. Not only a prime location, and w/possible height limit increasing from 40' to 65'. Whether you are looking to invest in rental housing, retail or mixed use, this site holds immense potential! Offers welcomed!

5520 University Way NE, Seattle

Listing courtesy of COMPASS.

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