New ListingDowntown Issaquah development site with income already in place ($5,500 average per month after all fees in 2026). 10,045 SF (0.23 ac) flat, build-ready corner parcel with multiple points of access - limiting setback loss. Trees in North lot cleared after the 2024 windstorm, or can be removed (permit submitted).Site plans by Box & Gable Architects (Jan 2026) confirm two + paths, each delivering four doors with parking and a required affordable unit: build four new homes with garages, or retain the existing residence and add three, or potential of two single family residences. The 1923 home has been fully re-imagined. 2 bed / 1 bath, 730 SF. Quartz waterfall peninsula, white shaker cabinets, subway tile, stainless LG appliances, marble-look bath with matte black fixtures, wide-plank LVP, ductless mini-splits in nearly every room. Front home only 2025 appraisal: $904,000. It operates today as a Guest Favorite, Superhost-run short-term rental - 4.97 across 60+ reviews, a perfect 5.0 for location, zero reviews under three stars. Detached game room, hot tub, fire pit, cedar-fenced yard. Pet friendly. Income covers carry while you design and permit. Two-minute walk to historic downtown dining, shops and galleries. Park across the street. Ten minutes to trails and the zoo, thirty to skiing, fast I-90 access to Bellevue and Seattle. Issaquah School District. Build it. Hold it. Or hold and build. Buyer to verify zoning, feasibility, costs and values independently.
| MLS # | 2594045 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1923 |
| Days On Site | 6 |
| Listing Provided By | COMPASS | Brian Pate |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 730 |
| Story(s) | 1 |
| Acreage | 0.23 |
| Property View | Yes |
| Property | 5394 |
|---|
| State | WA |
|---|---|
| County | King |
| City | Issaquah |
| Zip Code | 98027 |
| Area | 500 East Side | South of I 90 |
| Community Name | Issaquah |
| School District | Issaquah High |
| Elementary School | Clark Elem |
| High School | Issaquah High |
| Listing VS Median (in Issaquah) | |
Price: $999,999 low | high Med: $1,199,990 sqft: 730 low | high Med: 1,654 $ / sqft: $1,370 low | high Med: $726 On site: 6 low | high Med: 76 | |
| State | WA |
|---|---|
| County | King |
| City | Issaquah |
| Zip Code | 98027 |
| Area | 500 East Side | South of I 90 |
| Community Name | Issaquah |
| School District | Issaquah High |
| Elementary School | Clark Elem |
| High School | Issaquah High |
| Listing VS Median (in Issaquah) | |
Price: $999,999 low | high Med: $1,199,990 sqft: 730 low | high Med: 1,654 $ / sqft: $1,370 low | high Med: $726 On site: 6 low | high Med: 76 | |