Positioned in the heart of South Seattle, this exceptional development opportunity offers outstanding potential in a highly accessible location just minutes from Highway 99 and I-5. The property is ideally suited for a six-unit project and comes with much of the preliminary work already completed, creating a rare chance for builders, investors, and developers to move forward with confidence. A survey has been completed, preliminary site planning and unit design are in place, and the project is ready to be submitted to the county for permits so construction can begin. With sewer available and electrical, gas, and water already on site, this parcel is well positioned for efficient development. The property has also been perked and will include all onsite drainage, helping simplify the next phase of the process. Adding even more value, the existing home is in good condition and offers flexibility for interim rental income while permits are being processed. Rear access is available and only needs to be cleared, providing added convenience for future site use and construction planning. This is a standout opportunity to secure a property with strong upside, essential infrastructure in place, and a clear path toward development in a desirable South Seattle location. Whether you are looking to build, invest, or hold for future growth, this property offers a rare combination of location, readiness, and potential.
Listed by Richard Bezus
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John L. Scott, Inc
Last updated May 12, 2026
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Source: NWMLS #2521465
Listing Facts
TypeSingle-family
NeighborhoodSouth Park
Bedrooms2
Bathrooms1
Days on Prevu36
Taxes$4,929.86/year
Size760 sqft
Price per sqft$901
Amenities
Pets Allowed
Parking
Location
Mortgage Calculator
Listing History
05/11/2026
Listed by John L. Scott, Inc
$684,950
Property Details for 742 S Director Street
Exterior
Construction
Roof: Composition
Structure Type: House
Year Built: 1929
Construction Materials: Cement Planked
Exterior Features: Cement Planked
Measurements
Building Area Total: 760
Building Area Units: Square Feet
Lot Size Acres: 0.17
Lot Size Square Feet: 7,800
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 7883602275
Tax Annual Amount: $4,929.86
Tax Year: 2025
Interior
Features
Appliances: Tankless Water Heater
Measurements
Living Area: 760
Rooms
Bathrooms Full: 1
Bathrooms Total Integer: 1
Bedrooms Total: 2
Main Level Bathrooms: 1
Main Level Bedrooms: 2
Other
Location
Subdivision Name: South Park
Parking
Parking
Parking Features: Driveway, Off Street
Schools
High School
High School District: Seattle
Utilities
Equipment
Has Cooling: Yes
Has Heating: Yes
Sewer: Sewer Connected
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this single-family home have?
There are 2 bedrooms and 1 bathroom in this single-family home at 742 S Director Street.
What are the annual taxes for 742 S Director Street?
Annual taxes for this single-family home are estimated at $4,929.
How does 742 S Director Street compare to other single-family homes in South Park?
This single-family home is listed 14% above the average price for single-family homes in South Park and has been on the market for 39 less days than the typical home in this area.
What is the square footage on this single-family home?
According to the MLS, this listing is 760 sqft.
742 S Director Street is a 2-bedroom, 1-bath single-family home for sale in Seattle WA 98108. Listed on Prevu for 36 days at $684,950. This residence features 760 square feet of living space, located in South Park. The median listing price for single-family homes in this area is $579,950. The home offers pets allowed and parking. Browse more single-family home listings in Seattle.
Based on information from NWMLS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.