2031 Market Street

Exceptional opportunity for builders, investors or end users to create a custom luxury residence in one of Kirkland's most sought-after neighborhoods. Just moments from Juanita Bay Park, downtown Kirkland, waterfront amenities, dining, shopping & major commuter routes, this newly reconfigured 9,985 SF homesite benefits from a completed boundary line adjustment that not only created a more efficient lot layout but also eliminated a significant easement, resulting in a cleaner building envelope & enhanced development flexibility. The value is in the land w/ substantial pre-development efforts already completed to help reduce time, cost, uncertainty & risk. Included are architectural plans for a stunning 4,335 SF modern luxury residence. The completed boundary line adjustment, easement removal, permit work & supporting development documents allow the next owner to move forward w/ greater confidence & significantly less risk. Situated on a sunny, level lot surrounded by established luxury homes, the existing home is currently tenant-occupied on a month-to-month lease, providing rental income while permits & development plans are finalized. For those seeking a larger-scale development opportunity, neighboring 2025 Market St may also be available for purchase. Together, the combined properties may offer the potential for up to 5 cottages (buyer to verify). Ask LA formore information. Please do not disturb tenants. Showings available after mutual acceptance.