12461 NE Woodinville Drive Woodinville, WA $ 10,500,000
12461 NE Woodinville Drive
$ 10,500,000
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12461 NE Woodinville Drive

Woodinville, WA, 98072
$ 10,500,000
Baths0.0 Sq 3,553

Monthly Estimate*

$ 64,650

Listed by Realty One Group Enterprise
12461 NE Woodinville Drive, Woodinville, WA 98072 - Image 1
12461 NE Woodinville Drive, Woodinville, WA 98072 - Image 2
12461 NE Woodinville Drive, Woodinville, WA 98072 - Image 3
12461 NE Woodinville Drive, Woodinville, WA 98072 - Image 4
Studio

Multi-Family Home for sale in Woodinville, WA

for $10,500,000. This 3,553 square foot home was built in 1949 on a lot size of 1.1405.

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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Multi-Family Active

Price

$ 10,500,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 37,000

Style

10+ Units

Lot Size

1.1405

Year Built

1949

Town/City

Woodinville

County/Region

King

MLS | Web ID

2519748

Features
General
Living Area 0
Sewer Sewer Connected
Heating See Remarks
Cooling See Remarks
Possession Closing
Roof See Remarks
HOA Fee 0
Garage Spaces 3
Year Built 1949
View Territorial
Property Subtype Multi Family
Tax Year 2026
County King
Net Operating Income 0
Insurance Expense 0
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Downtown Woodinville
Possible Use Commercial Multi-Family Office Residential Retail
Special Listing Conditions None
Status Active
Directions GPS takes you to the address
High School Buyer To Verify
City Woodinville
Senior Community Y/N N
High School District Northshore
Zoning Description Commercial Multi-Family Office Residential Retail
Number Of Units Total 1
MLS Area 600 - Juanita/Woodinville
Lot Size Units Square Feet
Lot Size Square Feet 49679
Carport Spaces 0
Carport Y/N N
Listing Terms Cash
Elementary School Buyer To Verify
Tax Annual Amount 37000
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Buyer To Verify
Public Remarks 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 de
Leasable Area 122592
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Water Company Woodinville Water District
Units Below Grade false
Water Sewer Garbage 0
Property Style 56 - 10+ Units
Cap Rate 0
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Exterior
Exterior Amenities See Remarks
Lot Features Corner Lot Paved Value In Land
Water Source Public
Total Parking 230
Building Area Total 3553
Lot Size Acres 1.1405
Waterfront Y/N N
Covered Spaces 230
Irrigation Water Rights Y/N N
Parking Uncovered Total 0
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Interior
Total Fireplaces 0
Total Stories 7
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2519748
Street Number 1 12461
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* Excluded Features
List By
Faramarz Ghoddoussi

Listing Agent

Realty One Group Enterprise

Broker

Affordability Calculator

$67,734
Per Month
95%
5%
0%
Monthly Principal & Interest
$64,650
Monthly Property Taxes
$3,083
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3100263 Elementary School
3100243 Middle School
Buyer To Verify High School High School
Pricing History
DatePricePrice ChangeDescription
5/7/2026$10,500,000 Listed Price

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12461 NE Woodinville Drive, Woodinville, WA, 98072 is a Multi-Family Home for sale at $10,500,000 with 3,553 sqft and a lot size of 1.1405. 12461 NE Woodinville Drive is a studio with 0.0 baths and was built in 1949. The property's zip code is 98072 which is in Woodinville, WA