12461 NE Woodinville Drive, Woodinville, WA 98072

Woodinville
Local realty services provided by:Better Homes and Gardens Real Estate Gary Mann Realty
Listed by: faramarz ghoddoussi
Office: realty one group enterprise
MLS#:2519748
Source:NWMLS
12461 NE Woodinville Drive,Woodinville, WA 98072
$10,500,000
  • - Beds
  • - Baths
  • 3,553 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$10,500,000
  • Price per sq. ft.:$2,955.25

About this home

This 1.13-acre development site in the heart of City of Woodinville is fully entitled and approved for 161 units, allowing you to skip years of permitting - with the heavy lifting already done. The development site spans across five contiguous lots consisting of a strong multifamily submarket demand drivers with high desirable community in the city. Woodinville is consistently ranked as Washington’s best place to live, offering a wealthy resident base and easy access to major employers like Microsoft, SpaceX, and the Bothell University of Washington and biotech hub. With a massive shortage of housing in the area and quick access to I-405, this project is perfectly positioned to meet the high demand for luxury living. This is a rare, high-reward opportunity to enter a top-tier market with all the heavy lifting already finished.

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Home facts

  • Year built:1949
  • Subdivision & Development:Downtown Woodinville
  • Listing ID #:2519748
  • Updated:August 13, 2026 at 11:47 AM

Rooms and interior

  • Living area:3,553 sq. ft.

Structure and exterior

  • Year built:1949
  • Building area:3,553 sq. ft.
  • Lot area:1.14 Acres
  • Lot Features:Corner, Paved, Value In Land

Schools

  • High school:Buyer To Verify
  • Middle school:Buyer To Verify
  • Elementary school:Buyer To Verify

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$10,500,000
  • Price per sq. ft.:$2,955.25
  • Tax amount:$37,000 (2026)

Parking

  • Total parking spaces:230
  • Garage:Yes
  • Garage spaces:3
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