2540 39th Avenue E #5, Seattle, WA 98112

Seattle
Local realty services provided by:Better Homes and Gardens Real Estate Northwest Home Team
Listed by: kathryn holly hinds, taylor anne hinds
Office: realogics sotheby's int'l rlty206-466-2409
MLS#:2510960
Source:NWMLS
2540 39th Avenue E #5,Seattle, WA 98112
$1,500,000
  • 0.48 Acres
  • Lots / Land
  • Active

Price summary

  • Price:$1,500,000
  • Monthly HOA dues:$1,188

About this home

Ready-to-build opportunity with City of Seattle permit for a 6,200+ SF custom home. Set on a rare and level 20,699 SF lot in Madison Estates, an exclusive, gated Lake Washington luxury community in the heart of Madison Park. This property offers a truly special setting. The site is beautifully positioned beside an architect-designed pond and surrounded by mature old-growth trees, creating a serene and distinctive landscape. Enjoy private community access to a boat dock and waterfront features. Permitted plans for a stunning Northwest Contemporary residence are included, or bring your own vision (in compliance with the HOA). Ideally located only blocks from the vibrant Madison Park Village, with its popular shops, restaurants, parks, and schools. Seller financing available.

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Home facts

  • Subdivision & Development:Madison Park
  • Listing ID #:2510960
  • Updated:November 14, 2026 at 12:32 PM

Structure and exterior

  • Lot area:0.48 Acres
  • Lot Features:Cul-De-Sac, Dead-end Street, Paved

Schools

  • High school:Seattle Public Sch
  • Middle school:Seattle Public Sch
  • Elementary school:Seattle Public Sch

Utilities

  • Water:Available, In Street
  • Sewer:In Street

Finances and disclosures

  • Price:$1,500,000
  • Tax amount:$16,050 (2025)
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