4030 Beach Dr SW - Specialty FOR SALE


Seattle, WA 98116- Alki
$1,679,000 USD
206-226-7014
4030 Beach Dr SW, Seattle, WA for Sale
$1,679,000 USD
Specialty - FOR SALE
1/18
null | Request Cap Rate

4030 Beach Dr SW
Seattle, WA 98116
Alki


HIGHLIGHTS

  • Protected Waterfront Views
  • Mixed-Use Zoning
  • Potential for Favorable Residential Mortgage

OVERVIEW

Beautiful Italianette-style property, beach waterfront across the street from Weather Watch Park near Alki Point on Beach Drive. Protected views (no one can build in front of you!), superior design and decor, perfect for owner occupant, attorney, architect, guest home (Airbnb or VRBO), almost any home-based occupation, live/work or hold for future development (mixed use zoning). Perfect location for upscale office, artist, short or long-term luxury rental. Huge 2-car garage currently used as art studio. Located in a small enclave of commercial and residential zoning, along with L3, this property presents a multitude of opportunities. Was zoned and used as a triplex, currently can be a duplex or used as one elegant home or live/work opportunity (Neighborhood Commercial.) Due to mixed-use zoning, if owner-occupied possibility of favorable residential mortgage rate available. Reminiscent of an Italian Villa, this opulent stone manse presents a once-in-a-lifetime opportunity for lavish living or business opportunity. Impressive stone entrance with French doors and a vintage cherub fountain. La Villa Rustica can be a palatial residence or awe-inspiring offices with marble floors and fireplace, overflowing with crystal chandeliers and golden flourishes. True chef’s kitchen with Viking gas range, refrigerator, microwave & dishwasher, classic cabinetry & granite counters, plus a built-in professional pizza oven. Main floor has office or use as bedrooms, with a bedroom suite complete with a sandstone shower worthy of a Roman emperor. Upstairs can be a separate suite or view offices with balcony and Puget Sound views. In addition, there is a huge two-car garage, patio and workshop. Perfect for high-end luxury short-term rental (can be two separate units or large "whole house" rental.) Possibility to build detached dwelling. Friendly and cooperative listing agent!

FOR SALE DETAILS

PRICE

$1,679,000 USD

PRICE/SF

$811 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

La Villa Rustica

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1918

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,373 SF

ZONING

LR3 RC

APN/PARCEL ID

156310-0715

ASK ABOUT THIS PROPERTY

Marlow HarrisSeattle Dream HomesMore Info
206-226-7014

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Marlow HarrisSeattle Dream HomesMore Info
206-226-7014

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.