Description
Prime Development Opportunity! Builders and investors—this is your chance to capitalize on a high-demand location 2-parcel near Alderwood Mall! The true value is in the land, as the existing home was damaged by fire. This MR-zoned lot consists of two parcels with the potential for up to 11 units, offering endless possibilities—townhomes, multi-family residences, condos, or single-family homes. Surrounded by newer developments, this area is experiencing tremendous growth. Enjoy unmatched convenience with easy access to I-5, I-405, and the newly opened Lynnwood Sound Transit Light Rail, making commuting a breeze. Located near Boeing, parks, and major shopping centers. This is a rare opportunity to invest in a rapidly developing community!
Property Details
- Utility FeaturesElectricity Connected, Natural Gas Available
- Style40 - Res-Less thn 1 Ac
- Date ListedFebruary 28, 2025
- Structure TypeUnspecified
- Sewer InformationAvailable
- Utility SourceIn Street
- CountySnohomish
- Property TypePurchase
- SubdivisionLynnwood
- Original List Price$923,000
- School DistrictEdmonds
- MLS #2338535
- MLS #2338535
- Taxes Annual$4,844
- Cost923000
- Acres0.61
- Property SubtypeLand
- Days on Market (Cumulative)23
Location
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2025-03-14 15:20:10. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. Listings that feature the "three tree" icon are provided courtesy of NWMLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Copyright 2024 Northwest Multiple Listing Service. All rights reserved.
Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Olga Kovalevich (#NWM118562)
Listing Office: KG Realty (#NWM5791)
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