INVESTOR & BUILDER ALERT! Rare development or value-add opportunity in prime Ravenna/Roosevelt! Situated on an oversized ~5,740 sq ft lot with alley access, this property offers incredible scale compared to standard neighborhood lots. Zoned NR3 under Seattle's updated housing codes, explore the vast potential for a detached accessory dwelling unit (DADU), backyard cottage, or multi-unit development strategy. The existing 1,960 sq ft 5-bedroom home features a main floor plus a fully finished daylight basement with a separate exterior entry, 2nd kitchen, and full bath—ideal for immediate rental holding income while you secure permits. Prime location with an 86 Walk Score—just minutes to Roosevelt Light Rail station, Green Lake, U-Village, and UW. Bring your vision to one of 98115’s most resilient pockets!