12461 NE Woodinville Drive, Woodinville, WA 98072 | MLS #NWM2519748 | Berkshire Hathaway HomeServices Northwest Real Estate  
 
Listing provided courtesy of Realty One Group EnterpriseNWMLSas Distributed by MLSGrid- MLS# NWM2519748MLS Provider

12461 NE Woodinville DriveWoodinville, WA 98072

Multi-Family · 3,553 Sq. ft. | 1.14 Acres
$10,500,000 Active

12461 NE Woodinville Drive Overview

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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.

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12461 NE Woodinville Drive Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,553
  • Price/Sq.ft. $2,955
  • Lot 1.14 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Northshore
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Scheduled Income: 0
  • Insurance Expense: 0
  • Net Operating Income: 0
  • Total Expenses: 37000
  • Total Monthly Income: 0
  • Water/Sewer/Garbage: 0

Building Information

  • New Construction: No
  • Year Built: 1949

Location/Region

  • Country: US
  • County Or Parish: King
  • MLS Area Major: 600 - Juanita/Woodinville
  • Subdivision Name: Downtown Woodinville

Tax Information

  • Tax Annual Amount: $37,000.00
  • Tax Year: 2026

General Information

  • Listing Terms: Cash
  • Parcel Number: 9518100070
  • Possible Use: Commercial,Multi-Family,Office,Residential,Retail
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage Spaces: 3

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 3553
  • Building Area Units: Square Feet
  • Calculated Square Footage: 3553
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: Yes
  • Fireplace: No
  • Fireplaces Total: 0
  • Heating: Yes
  • Leasable Area: 122592
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric,Natural Gas
  • Stories Total: 7

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 230
  • Parking Uncovered Total: 0

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Corner Lot, Paved, Value In Land
  • Lot Size Acres: 1.1405
  • Lot Size Square Feet: 49679
  • Lot Size Units: Square Feet
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Roof: See Remarks
  • Structure Type: Multi Family

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 230
  • Exterior Features: See Remarks
  • Number Of Units Total: 1
  • Sewer: Sewer Connected

Unit Information

12461 NE Woodinville Drive Neighborhood

Community

98072 (Woodinville) Demographics

41
Median Age
1,370
Population Density (per sq. mile)
67%
College Educated
$127,724
Estimated Median Income
7,126
Estimated Total Home Owners
2,520
Estimated Total Renters
74% / 26%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

12461 NE Woodinville Drive Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

12461 NE Woodinville Drive Market Data

Based on the last 30 days in this zip code

$1,720,263
Average List Price
$639
Average Price per Square Foot
28
Properties Sold
90
Average Days on Market
149
Properties for Sale
Calculations provided by Reliance Network

12461 NE Woodinville Drive History

Date Event Value Agent
5/7/2026Source: NWMLS Added to Database
May 07, 2026