An expansive wooded plot of land on the western bank of Lake Washington will soon hit the market for sale, raising the prospect of a new single-family housing development in Seattle and prompting questions about what type of homes would best serve a growing city with a housing shortage.
The Missionary Sisters of the Sacred Heart of Jesus plan to list the 21.7-acre parcel located just south of Northeast 50th Street, the group said Friday. The Sisters have not yet announced a price, but the land is zoned for single-family homes, meaning it could draw interest from developers looking to tap into the hot housing market.
The announcement called the sale "part of a global realigning of the Missionary Sisters' assets to ensure they are serving those most in need." The land being sold does not include the nearby Villa Academy.
