$1,399,950
 $7,515 est/mo Sourced by Back At You

2711 148th Street,Lynnwood, WA 98087

Lynnwood, WA 98087

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Description

DEVELOPMENT OPPORTUNITY! This 1.12-acre parcel is zoned MR (Multiple Residential), offering strong investment potential for apartments, townhomes, multifamily housing, or DADUs. Sewer, water, and power are available in the street, and the property has direct access to 148th St SW with public transit nearby. Buyers should verify zoning, utility availability, and development potential with the county. In the meantime, the home offers comfortable living or rental income while future plans take shape. The 1,692-square-foot tri-level features 3 bedrooms and 2.5 bathrooms, a bright living room with vaulted ceilings and a bay window, and a kitchen with hardwood flooring, a breakfast bar, and adjacent dining. The family room includes a wood-burning stove and sliding glass doors to the backyard, and the primary suite has its own en-suite bath. Whether you’re an investor, builder, or homeowner planning for the future, this property offers real value today and meaningful upside ahead.

Details

MLS #2539159
Listing TypeFor Sale
StyleHouse
Building NameAlderwood Manor
Sub-TypeResale
StatusActive
Year1990
Days On Site48
Listing Provided ByJohn L. Scott Snohomish | Sam Burke

Features

Bed(s)3
Bath(s) 3 Total
SQ Feet1,692
Garage2
Acreage1.12

Taxes

Property6736

Area Information

StateWA
CountySnohomish
CityLynnwood
Zip Code98087
Area740 Everett | Mukilteo
Community NameLynnwood
Listing VS Median (in Lynnwood)
Price:
$1,399,950
low | high
Med:
$629,990
100% of Average
sqft:
1,692
low | high
Med:
1,735
47.458628841608% of Average
$ / sqft:
$827
low | high
Med:
$363
100% of Average
On site:
48
low | high
Med:
55
87.272727272727% of Average
Sourced by Back At You

Market Activity 98087

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Learn More About This Property

StateWA
CountySnohomish
CityLynnwood
Zip Code98087
Area740 Everett | Mukilteo
Community NameLynnwood
Listing VS Median (in Lynnwood)
Price:
$1,399,950
low | high
Med:
$629,990
100% of Average
sqft:
1,692
low | high
Med:
1,735
47.458628841608% of Average
$ / sqft:
$827
low | high
Med:
$363
100% of Average
On site:
48
low | high
Med:
55
87.272727272727% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.49M - $1.749M
sqft: 1,000 - 2,000
Nearby Listings Property ImageNearby Listings Details
14715 Admiralty Way A-5 Property Photo 1
$593,950
14715 Admiralty Way A-5
Lynnwood, WA 98087
14715 Admiralty Way A-5 Property Photo 1
$593,950
14715 Admiralty Way A-5
Lynnwood, WA 98087
Listing Updated: July 22, 2026 at 10:38:44 AM PDT