1526 NW 53rd St
| Year Built | 1908 |
| Property Type | Single Family Residential |
| Listing Status | Active |
| Garage | Yes |
| Neighborhood | Adams (Ballard area) |
| MLS # | 2384209 |
| Date Listed | July 30, 2025 |
| Last Reviewed | April 5, 2026 |
| Agent | Darcel Fogerty |
| Brokerage | eXp Realty |
| Buyer's Comp | 2.5% |
| Companion Listing | NWMLS #2379217 (adjacent lot) |
- ❌ Development/land play: Marketed as "Developer's dream!" — explicitly sells MR M1 Mid Rise zoning potential, 80-ft height allowance, FAR of 4.5 for a 45,000 sqft building across combined lots.
- ❌ Rezone (hard exclude keyword): "This site is also proposed to be rezoned to MR2 allowing increased to 85' height." Rezone = hard exclude per criteria.
- ❌ Lot assembly / development package: Being sold alongside adjacent 5,000 sqft lot (NWMLS #2379217) as a combined 10,000 sqft development site.
- ❌ "Entry into home is not allowed": Cannot be toured as a family home. This is priced as land, not a livable house.
- ⚠️ Proximity to excluded arterials: Located "off of 15th & Market" — both 15th Ave NW and Market St are excluded arterials (though street address itself is NW 53rd St).
- ✅ Zip Code: 98107 — Ballard, target zip. Core target area.
- ✅ Property Type: Single Family Residential Formally SFR — but listed/used as a development site.
- ✅ Listing Status: Active 267 DOM — extremely stale; sitting since July 2025.
- ✅ Bedrooms: 5 ≥ 3 minimum ✓ Meets global minimum.
- ⚠️ Bathrooms: 2 — meets global minimum (≥2) but below 2.5 preferred threshold. 2.5 strongly preferred; 1.5 is a non-starter.
- ⚠️ Living Area: 2,680 sqft — meets 2,200 global minimum but below 2,800 Scenario A target. Falls in Scenario C range on size alone.
- ✅ Lot Size: 5,000 sqft ≥ 4,500 minimum ✓ Passes lot size requirement.
- ✅ Olympic Manor Zone: lat 47.667 — not in exclusion zone (lat > 47.693 threshold not met) ✓ Passes geographic zone check.
- ✅ Arterial Address: NW 53rd St — not on excluded arterial list ✓ Address is not on an excluded street (though adjacent to 15th Ave NW and Market St).
- ❌ Development/Rezone: EXCLUDED — "rezone" keyword present; development-primary listing Hard exclude per criteria: rezone, development opportunity, land play.
- ❌ Tourability: EXCLUDED — "Entry into home is not allowed" Cannot be evaluated as a family home purchase.
- ⚠️ Price Cut / DOM: 267 days on market — extremely stale Appears to have been reduced from ~$1,650,000 (per third-party sites) to $1,100,000. May reflect market rejection of the developer pitch.
No learned preference signals yet (feedback log empty). Signals above are criteria-based only.
"Developer's dream! Prime location off of 15th & Market in heart of one of Seattle's most desirable and trendy neighborhoods. Located in the Ballard Urban Village and mapped Frequent Transit. This 5000 square foot lot and the adjacent 5000 square foot lot (that is also for sale) meet the 10,000 square feet threshold of MR M1 Mid Rise. 80' height and No Parking Required allow for maximum density potential. Floor area ratio of 4.5 with a max 45,000 square foot building (both lots combined). Set backs are min 5' front, 7' side, and 15' rear. This site is also proposed to be rezoned to MR2 allowing increased to 85' height and a reduced 10' backyard setback. BUYER TO VERIFY ALL INFO. Entry into home is not allowed. Being sold with NWMLS #2379217."
No open houses scheduled — listing explicitly states "Entry into home is not allowed."