1417 36th Ave S — Today we listed a stunning new construction home + DADU on a challenging ECA steep slope lot that was once owned by the legendary Oberto family (of Oh Boy! fame).
A few years ago, a savvy seller bought the existing house plus the connecting lower lot with big dreams of development. He did everything right: full survey, soils report, arborist study, and even secured a rare steep slope exemption from the City. He was looking for both a builder for his own home and a buyer for the tricky lot below.Steep slope lots like this don’t usually have broad appeal because of the extra costs and risk. So instead of a traditional sale, I suggested a joint venture with the right builder. Drawing on 25+ years of experience matching builders with complex projects, we found the perfect partner.The result? A true win-win. The builder constructed both homes. The original owner now enjoys his dream new-construction house on the upper lot and receives a portion of the proceeds from the new home we just listed. The partnership saved everyone time and money while making bank financing much smoother.If you own a developable lot with ECA steep slope challenges, or you’re open to a joint venture with a proven builder to maximize your investment, let’s talk. Seattle Land Broker specializes in turning difficult properties into successful projects.DM me or call today to see how we can create your own success story.