New Listing**RARE FEE-SIMPLE LAKE UNION WATERFRONT INVESTMENT OPPORTUNITY!** Discover Lee's Landing Marina, an exceptional waterfront asset along Seattle's coveted Westlake corridor. Unlike many waterfront marina properties subject to Washington State Department of Natural Resources (DNR) aquatic land leases, Lee's Landing offers fee-simple waterfront ownership, marketed without a DNR lease obligation-a significant distinction for long-term ownership, control, and investment flexibility. Featuring 40 seller-reported moorage slips, approximately 1,516 linear feet of moorage, a waterfront residence, commercial offices, and additional amenities. Approximately 1.07 acres of surveyed waterfront property, including submerged land. Multiple income streams and opportunities for operational improvements and repositioning. Ideally situated near Fremont, South Lake Union, and Downtown Seattle. A truly distinctive opportunity to own a substantial Lake Union waterfront asset with established marina operations and exceptional long-term potential.
| MLS # | 2584180 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1977 |
| Days On Site | 3 |
| Listing Provided By | COMPASS | Daniel Sessoms |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 7 Total |
| SQ Feet | 7,400 |
| Garage | 2 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 1.08 |
| Water Front | Yes |
| Property View | Yes |
| Property | 38000 |
|---|
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98109 |
| Area | 700 Queen Anne | Magnolia |
| Community Name | Westlake |
| School District | Lincoln High |
| Elementary School | John Hay Elementary |
| High School | Lincoln High |
| Listing VS Median (in Westlake) | |
Price: $13,500,000 low | high Med: $849,950 sqft: 7,400 low | high Med: 1,524 $ / sqft: $1,824 low | high Med: $558 On site: 3 low | high Med: 70 | |
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98109 |
| Area | 700 Queen Anne | Magnolia |
| Community Name | Westlake |
| School District | Lincoln High |
| Elementary School | John Hay Elementary |
| High School | Lincoln High |
| Listing VS Median (in Westlake) | |
Price: $13,500,000 low | high Med: $849,950 sqft: 7,400 low | high Med: 1,524 $ / sqft: $1,824 low | high Med: $558 On site: 3 low | high Med: 70 | |