Seattle, WA: 3 Residential Development Lots with Potential for 8 Units in South Beacon Hill (King County)

Timed auction by Auction Management Corp.

Starts Jun 24, 2026 2:00 PM PDT. Ends Aug 12, 2026 11:00 AM PDT

07.13.2026 NOTE: Bidding has been extended to Wednesday, August 12th, 2026. Seattle, WA: 3 Residential Development Lots with Potential for 8 Units in South Beacon Hill (King County) 10% Buyer’s Premium - Online Only Executive Summary Position your next Seattle development project in South Beacon Hill with this compelling three-parcel portfolio along Leroy Place South. Perched well above I-5 and only 15 minutes from Downtown Seattle, the properties offer approximately 22,000± SF of land with seasonal views that border a beautiful greenbelt area, creating a peaceful natural backdrop. These coveted lots have preliminary potential for up to eight single-family homes or townhomes, each with their own separate Title.  The offering includes two contiguous 7,200± SF parcels—Lots 430 and 400—each identified as having potential for three residences and each selling absolute, with no minimum bid or reserve. A neighboring 7,600± SF parcel—Lot 441—offers potential for two additional residences and will sell subject to Seller approval.  Seize the opportunity to acquire one, two, or all three parcels and bring a distinctive new residential vision to Seattle’s desirable South Beacon Hill area. Whether you are building your dream home or pursuing a multi-unit development project, builders and investors can capitalize on a flexible opportunity to establish a multi-unit development pipeline in an established Seattle neighborhood, with the ability to create a larger, phased residential project. Due-diligence materials include Geotechnical Engineering and Site Plan Feasibility Studies that concluded the properties evaluated in the report were suitable for future development, provided the report’s recommendations are fully implemented.    Investment Highlights Compelling Parcel Portfolio – Approximately 22,000± SF of land offered across three parcels along Leroy Place South Potential for Up to Eight Residences – Preliminary development concept supports up to eight single-family homes or townhomes Scalable Development Vision – Acquire one, two, or all three parcels to create a custom homesite, residential project, or larger multi-unit development South Beacon Hill – Established Seattle neighborhood location with convenient access to Downtown Seattle, approximately 15 minutes away Elevated Position Above I-5 – Properties are perched well above I-5, offering convenient regional access while maintaining a residential neighborhood feel Development Ready Site – Available due-diligence materials include Geotechnical Engineering and Site Plan Feasibility Studies supporting future development suitability with implementation of recommendations. Click Here to View All Due Diligence Materials for This Auction   Lot 400: Development Opportunity - 7,200± SF Lot with Potential for 3 Single Family Townhomes Selling ABSOLUTE - No Minimum Bid or Reserve Required Address: 9431 Leroy Place South, Seattle, WA 98118 Commonly Referred to as “Parcel C” King County Tax Parcel: 789630-0400 2025 King County Tax Appraised Value: $103,000 2025 King County Property Taxes: $1,159.51 Zoning: NR2 - Neighborhood Residential Each of the potential 3 units or single family townhomes will have its own Title.   Lot 430: 7,200± SF Lot with Potential for 3 Single Family Townhomes Selling ABSOLUTE - No Minimum Bid or Reserve Required Address: 9419 Leroy Place South, Seattle, WA 98118 Commonly Referred to as “Parcel B” King County Tax Parcel: 789630-0430 King County lists Lot Size as 7,800± SF 2025 King County Tax Appraised Value: $122,000 2025 King County Property Taxes: $1,350.33 Zoning: NR2 - Neighborhood Residential Each of the potential 3 units or single family townhomes will have its own Title. Lot 441: 7,600± SF Lot with Potential for 2 Single Family Townhomes Selling with an Undisclosed Reserve - Minimum Bid Required to Sell Address: 9401 Leroy Place South, Seattle, WA 98118 Commonly Referred to as “Parcel Z” King County Tax Parcel: 789630-0441 2025 King County Tax Appraised Value: $227,000 2025 King County Property Taxes: $2,310.52 Zoning: NR2 - Neighborhood Residential Each of the potential 2 units or single family townhomes will have its own Title.   Bidding Starts to Close: Wednesday, August 12, 2026, at 11:00 AM PT Inspection: Inspect anytime Property Addresses: 9431, 9419 & 9401 Leroy Place South, Seattle, WA 98118 Sale Broker: Scott Gibbons, Compass Washington, LLC., (425) 890 7140 or Scott.gibbons@compass.com Sale Manager: Austin McRoberts, 404-500-6628 or Austin@AMCbid.com   Terms: Proof of Funds Required to Bid, 10% Buyer’s Premium added to winning bid to determine sale price, Earnest Money Deposit 10% of Purchase Price, 2% Broker Co-op, close in 30 days. Grouped Extension: For fairness and convenience, all lots in this auction have been placed in a grouped extension. When a bid is placed on ANY lot, the closing time for ALL lots will automatically extend to allow additional time for competitive bidding across all grouped lots. ​ Auction Management Corporation in Cooperation with Scott Gibbons of Compass Washington, LLC., License #16911  

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