$875,000
Est. $4,438/mo3 bd•910 sq ft
8315 Ravenna Avenue Ne, Seattle, WA 98115
• Listed 2026-05-29•New today
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About this home
Prime Ravenna development opportunity with much of the front-end diligence already completed. The preliminary architectural plans envision 7 modern style 1,600+ sqft townhomes, positioned in one of Seattle's most sought-after residential neighborhoods. A substantial amount of due diligence has already been completed, including survey, geotech report, arborist report, wetlands study, and civil engineering proposal. The groundwork has been laid, allowing the next owner to focus on advancing permits and bringing the project to completion. Ravenna has strong buyer demand with its proximity to the University District, Green Lake, light rail, parks, restaurants, and more making this an ideal site for new construction. Opportunities with this level of preparation and upside are rare. Acquire a site with momentum already in place and capitalize on the value created through entitlement and build out.
Listed by Zachary Lazo • COMPASS
Listing updated: May 29, 2026 at 08:48am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2529432
Around this home
Schools
Ratings via SchoolDigger- School #232727697Public · Grades K-5 · 4.3 mi · State rank 531 of 1,0008/10
- School #1496209948Public · Grades 6-8 · 10.0 mi · State rank 130 of 1,0004/10
- School #807717279Public · Grades 9-12 · 3.5 mi · State rank 858 of 1,0001/10
Schools shown are the nearest public Elementary, Middle, and High school for this property. School district boundaries change — verify the assigned school with the district before purchasing.
Sold comparable homes
5 recent nearby sales, priced between $445K and $1.2M.
$1,200,000Last sold price
11341 23rd Avenue Ne, Seattle, WA 98125
$445,000Last sold price
8523 Midvale Avenue N #a, Seattle, WA 98103
$528,500Last sold price
12314 33rd Avenue Ne #c, Seattle, WA 98125
Property details
Bedrooms
- 3 bedrooms total
Down payment assistance
7 programs may be available to provide you with up to $110,000 in down payment assistance, depending on your specific information.
Mortgage payment forecast
$5,313 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedEstimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
Lifestyle
6.6/10
Somewhat Walkable
Some errands can be done on foot
9.2/10
Biker's Paradise
Flat as a pancake, excellent bike lanes
4.8/10
Some Transit
A few nearby transit options
Provided by Walk Score
Ask about this home
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
Market pulse
Seattle is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 17 days.
Recent sales nearby
Within 1 mile · last 6 months$2,470,000 Sold
2 weeks ago
5 bd•3.5 ba•~3,630 sq ft•Single Family
6833 36th Avenue Ne, Seattle, WA 98115
3%
Under list
—
Days on market
1.0 mi
Distance
$2,100,000 Sold
6 weeks ago
4 bd•2.5 ba•~2,910 sq ft•Single Family
2512 Ne 68th Street, Seattle, WA 98115
10%
Under list
—
Days on market
0.9 mi
Distance
$940,000 Sold
4 months ago
3 bd•2.5 ba•~1,707 sq ft•Single Family
3809 Ne 89th Street, Seattle, WA 98115
6%
Under list
—
Days on market
0.7 mi
Distance
$685,000 Sold
4 months ago
2 bd•1 ba•~962 sq ft•Single Family
3811 Ne 89th Street, Seattle, WA 98115
0%
Over list
—
Days on market
0.7 mi
Distance
$967,500 Sold
5 months ago
4 bd•2 ba•~2,600 sq ft•Single Family
1244 Ne 96th Street, Seattle, WA 98115
3%
Under list
—
Days on market
0.8 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data via RentCast · Updated May 2026
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of May 29, 2026 at 12:12 PM PDT (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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