$10,500,000
Active

12461 NE Woodinville Drive

Woodinville, WA 98072
Browse more homes in Woodinville, WA
3,553
SqFt
1949
Built
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.
12461 NE Woodinville Drive
MORTGAGE CALCULATOR
$53,094
Estimate only — not a loan offer. Consult a lender for actual terms.

LISTING SNAPSHOT

Price$10,500,000
Bedrooms0
Full Baths0
Half Baths0
Inside Area (SqFt)3,553 sqft
Lot Size1.1405 Acres
Year Built1949
MLS® Number2519748
StatusActive
Property Tax37000
HOA/Condo/Coop FeesN/A

GENERAL

Acres1.1405
Additional Property UseCommercial, Multi-Family, Office, Residential, Retail
GarageYes
Garage Spaces3
Lease TermShort Term Lease
Number Of Stories7
Parking Spaces230
Property Sub TypeMulti Family
SqFt Total3553
UtilitiesSewer Connected
Water SourcePublic
ZoningCommercial,Multi-Family,Office,Residential,Retail

INTERIOR

HeatingElectric, Natural Gas, See Remarks

EXTERIOR

Construction DetailsSee Remarks
Lot FeaturesCorner Lot, Paved
RoofSee Remarks
ViewTerritorial
WaterviewTerritorial

COMMUNITY

Financing Terms AvailableCash
MLS Area600 - Juanita/Woodinville
School DistrictNorthshore

SCHOOLS

School DistrictNorthshore
Elementary SchoolBuyer To Verify
Middle SchoolBuyer To Verify
High SchoolBuyer To Verify

RECENT ACTIVITY

May 7, 2026Active

Listing courtesy of Realty One Group Enterprise

Courtesy of NWMLS
Listing courtesy of Faramarz Ghoddoussi of Realty One Group Enterprise



Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2026-07-14 04:58 PM PDT

Comps

An estimate is not available for this listing.

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