3951 Evanston Avenue NSeattle, WA 98103Price: $1,175,000

Few sites along the north shore of Lake Union offer this combination of views, setting and development potential. Set on an elevated corner at the seam of Upper Fremont and the Fremont Urban Village, 3951 Evanston Ave N combines broad existing views with seller-commissioned preliminary architectural analysis exploring residential possibilities.The study indicates potential eligibility for up to 2.0 FAR and explores options from one or two custom residences or home + ADU to configurations of up to six dwellings. NR zoning is not currently subject to MHA fees, adding to the site's redevelopment appeal.Existing ground-level views extend across the Seattle skyline, Space Needle, Mount Rainier, Olympic Mountains, Ship Canal/Aurora Bridge and Queen Anne, with potential for broader views at greater elevation. The quiet dead-end lane is framed by mature big-leaf maples, with a Tier 2 Deodar cedar retained in the preliminary concept.Upper Fremont offers Fremont Peak Park and Marketime Foods, while the Fremont Urban Village adds PCC, restaurants, the Burke-Gilman Trail and convenient connections to South Lake Union and downtown.The existing bungalow provides near-term occupancy and holding flexibility. Seller due-diligence materials include the preliminary massing study and supporting property information. Development concepts and metrics are preliminary and informational only; buyer to independently verify development capacity, feasibility, views and all property information.