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About this home
BUILDER, DEVELOPER & INVESTOR OPPORTUNITY IN MAGNOLIA! Bring your vision & unlock the potential of this LR1(M)-zoned property offering multiple paths to create value in one of Seattle’s most desirable & established neighborhoods. Renovate & reposition the existing residence for a compelling flip, transform it into a long-term investment, or explore redevelopment opportunities under Seattle’s Lowrise Multifamily zoning. The existing home provides a substantial footprint w/walls of windows, abundant natural light, territorial views & a flexible layout featuring 2 bedrooms on the main + 2 on the lower level. Separate lower-level entrance adds versatility for future use, while Trex decking, patio, fenced yard & driveway parking for up to 4 vehicles provide additional upside. For builders & investors, the opportunity is the combination of multifamily zoning, existing improvements & a Magnolia location where finished housing commands attention. Create value through renovation or evaluate a new vision for the sitethe optionality is the story. Minutes to Fishermen’s Terminal, Discovery Park, Ballard, Queen Anne, Downtown Seattle, shopping, dining & major commuter routes. FIX IT. FLIP IT. HOLD IT. REDEVELOP IT. An opportunity to manufacture value rather than pay retail for someone else’s finished project. Sold AS-IS. Buyer
Lawton Park, located between Discovery Park and the Ballard Locks, is a residential and park-adjacent Seattle neighborhood with bluff-top views and a quiet, leafy street grid. The neighborhood’s character concentrates around the Magnolia Village stretch of 32nd Ave W and W McGraw St, where coffee counters, small grocers, and local services set a low-key daily rhythm. The Magnolia Playfield and Lawtonwood Park frame the area with open lawns, courts, and wooded edges. Mid-century ramblers and tidy Craftsman homes sit alongside newer, clean-lined infill. Discovery Park’s trails and beaches shape weekend routines, while the Locks add a working-waterfront backdrop. A short drive south, the Fishermen’s Terminal and its seafood counters connect the neighborhood to Seattle’s maritime culture.
Provided by Walk Score and Local Logic
Offer insights
3456 23rd Ave W · $775,000
$776K and above
75% chance or better to win
Why $776K+ is a strong offer
SALE-TO-LIST
98.4%
Most homes are selling 2% below list price.
LIST PRICE
$775,000
Median list price in this area is $1,033,922. (33% higher than this home)
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Dining room
Fireplace
Daylight, finished basement
Bedrooms
4 bedrooms total — 2 on the main level, 2 on the lower level
Primary bedroom on the main level
Additional bedrooms located on both main and lower levels
Bathrooms
2 full bathrooms — 1 on the main level, 1 on the lower level
2 bathtubs, 2 showers
Kitchen
Dishwasher
Refrigerator
Stove/Range
Laundry & utility
Utility room (lower level)
Flooring
Hardwood
Vinyl
Carpet
Heating & cooling
Forced air heating
Cooling listed as 'See Remarks' (cooling present)
Exterior features
Fully fenced yard
Patio
RV parking
Garden space
Corner lot with curbs and sidewalks
Open space and secluded setting
High-speed internet available
Home design
Single-family house with one story and a basement
Built on lot
Has a view
Fixer condition
Entry on the main level
Parking
Attached carport
Uncovered parking for 4 vehicles
RV parking available
Security
Fully fenced
Construction
Wood construction
Composition roof
Poured concrete foundation
Effective year built: 1911
Utilities
Public water
Sewer connected
Electric and natural gas energy sources
Xfinity cable
Internet via Xfinity/Starlink
Seattle City Light power
City of Seattle water and sewer
HOA & community
Community features include nearby park and trails
Financial info
Listing terms: Cash or Conventional
Other
Zoning: LR1 (M)
Site features include gas available and paved access
Electricity and solar
View estimated energy costs and solar savings for this home
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 86° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
7/10 Air Factor
10 unhealthy days expected this year, 11 days in 30 years
Provided by First Street
Historical weather
Seattle, WA • 98199
Average low and high temperatures (°F)
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39
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53
43
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46
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71
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76
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70
56
60
49
53
45
49
43
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
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Sun exposure
69/ 100
Moderate sunlight
Sunscore
This home receives average direct sun exposure in Seattle. There appears to be some shading by surrounding buildings, terrain, and vegetation.
8.9 hrs
2.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3456 23rd Ave W
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $880,000 and $1,325,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $880K to $1.3M.