Rare opportunity to build a custom hillside view home in highly desirable NE Magnolia. 50' x 115' lot with approx. 35-40 ft elevation change, ideal for the multi-level design typical of Magnolia's premier view homes. Precedent neighboring homes feature garage level at street, media/flex level above, and two upper living levels capturing views of Elliott Bay, the Ship Canal, Ballard and the Cascade Mountains. Conceptual studies illustrate the potential for expansive upper-floor views.Located on a quiet residential street just minutes to Downtown Seattle, SLU, Expedia campus, Interbay and Ballard. Easy access to Ship Canal Trail and Elliott Bay Trail for biking to downtown or UW. Walkable to Lawton Elementary, Lawton Park and Magnolia Village shops and cafes. A rare combination of neighborhood tranquility with exceptional proximity to the city's major employment centers.Prior feasibility work completed including site/topographic studies and geotechnical feasibility report (2016) available. Property lies within Seattle mapped landslide hazard area typical of Magnolia hillside properties; development subject to geotechnical review and ECA relief process per SDCI (buyer to verify). Utilities available in street.Excellent opportunity for a custom dream home or potential development site in one of Seattle's most sought-after neighborhoods.