Located at the southeast corner of East 124th Avenue and York Street in Old Eastlake, this 3.44-acre parcel offers an extraordinary development opportunity. Zoned PD (PUD), this land is perfect for creating a small neighborhood of single-family homes, similar to the successful WE Cottages development at 128th and Ulster. The city is eager to see residential growth in this area, especially given its prime location just 1100 feet from the Eastlake Light Rail station, ideal for commuters. This property includes a charming farmhouse with water well rights and a septic system, providing a solid foundation for future development. To the north, you'll find the new Eastlake Post Office and the New York St Depot Co-Working office building, enhancing the neighborhood's appeal. Adjacent to the south is the 29.5-acre Eastlake #2 Open Space, offering beautiful wildlife habitat and recreational opportunities, while the expansive open space to the west provides stunning mountain views. Currently zoned A1, this land comes with significant potential for residential development. With the city's support, ample open space, and essential amenities nearby, this property is a rare gem. Don't miss out on the chance to create a vibrant new community in a highly desirable location. Contact us today to explore this incredible opportunity!