2531 Gilman Drive W, Seattle, WA 98199 | MLS #NWM2494370 | Berkshire Hathaway HomeServices Northwest Real Estate  
 
Listing provided courtesy of Windermere Real Estate Co.NWMLSas Distributed by MLSGrid- MLS# NWM2494370MLS Provider

2531 Gilman Drive WSeattle, WA 98199

Single Family · 4 Beds · 1 Full Bath · 1,310 Sq. ft. | 0.07 Acres
$650,000 Active

2531 Gilman Drive W Overview

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Prime redevelopment opportunity in Seattle’s sought-after Queen Anne / Interbay corridor. Property is being sold as-is for land value; existing home is considered a tear-down. City permits and architectural renderings are already in place for future development and included with the sale, offering a potential time savings for the next owner. Single Family Home (SFH) and Accessory Dwelling Unit (ADU) potential! Convenient locations for commuters with quick access to Downtown Seattle, South Lake Union, and major transit routes, the location offers easy connectivity while maintaining the residential appeal of Queen Anne. Close to parks, dining, and neighborhood amenities, this is a rare chance to build in one of Seattle’s most desirable neighborhoods with much of the groundwork already completed. Buyer to verify all development information to their satisfaction.

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2531 Gilman Drive W Facts & Features

  • Type Single Family
  • Sq. ft. 1,310
  • Price/Sq.ft. $496
  • Lot 0.07 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Seattle

Building Information

  • New Construction: No
  • Year Built: 1910

Location/Region

  • Country: US
  • County Or Parish: King
  • MLS Area Major: 700 - Queen Anne/Magnolia
  • Subdivision Name: Queen Anne

Rent/Lease Information

  • Land Lease: No

Tax Information

  • Tax Annual Amount: $5,753.00
  • Tax Year: 2025

General Information

  • Listing Terms: Cash
  • Parcel Number: 2771108085
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Building Information

  • Building Information: Built On Lot

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 4
  • Bedrooms Lower: 0
  • Bedrooms Upper: 2

Building Interior

  • Building Area Total: 1310
  • Building Area Units: Square Feet
  • Calculated Square Footage: 1310
  • Square Footage Finished: 1310

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Heating: Yes
  • Levels: Two
  • Living Area: 1310
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Power Production Type: Electric,Natural Gas

Exterior

Parking Information

  • Open Parking: No
  • Parking Features: Off Street
  • Parking Total: 0

Lot Information

  • Irrigation Water Rights: No
  • Lot Size Square Feet: 2910
  • Lot Size Units: Square Feet
  • Elevation Units: Feet
  • Water Source: See Remarks

Waterfront/View

  • View: No
  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: No
  • Roof: Composition
  • Structure Type: House

General Information

  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Wood
  • Sewer: Available

Room Information

Room: Bathroom Full

  • Level: Main

Room: Bedroom

  • Level: Main

Room: Bedroom

  • Level: Main

Room: Bedroom

  • Level: Second

Room: Bedroom

  • Level: Second

2531 Gilman Drive W Neighborhood

Community

98199 (Seattle) Demographics

39
Median Age
4,121
Population Density (per sq. mile)
80%
College Educated
$134,709
Estimated Median Income
6,249
Estimated Total Home Owners
4,047
Estimated Total Renters
61% / 39%
Estimated Owner / Renter Divide
2
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.

2531 Gilman Drive W 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.

2531 Gilman Drive W Market Data

Based on the last 30 days in this zip code

$1,342,947
Average List Price
$623
Average Price per Square Foot
24
Properties Sold
48
Average Days on Market
117
Properties for Sale
Calculations provided by Reliance Network

2531 Gilman Drive W History

Date Event Value Agent
6/10/2026Source: NWMLS Price Reduction
$650,000 -23.5%
6/10/2026Source: NWMLS Price Reduction
$650,000 -23.5%
3/18/2026Source: NWMLS Added to Database
March 18, 2026
3/18/2026Source: NWMLS Added to Database
March 18, 2026