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.
| MLS # | 2539159 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Building Name | Alderwood Manor |
| Sub-Type | Resale |
| Status | Active |
| Year | 1990 |
| Days On Site | 48 |
| Listing Provided By | John L. Scott Snohomish | Sam Burke |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,692 |
| Garage | 2 |
| Acreage | 1.12 |
| Property | 6736 |
|---|
| State | WA |
|---|---|
| County | Snohomish |
| City | Lynnwood |
| Zip Code | 98087 |
| Area | 740 Everett | Mukilteo |
| Community Name | Lynnwood |
| Listing VS Median (in Lynnwood) | |
Price: $1,399,950 low | high Med: $629,990 sqft: 1,692 low | high Med: 1,735 $ / sqft: $827 low | high Med: $363 On site: 48 low | high Med: 55 | |
| State | WA |
|---|---|
| County | Snohomish |
| City | Lynnwood |
| Zip Code | 98087 |
| Area | 740 Everett | Mukilteo |
| Community Name | Lynnwood |
| Listing VS Median (in Lynnwood) | |
Price: $1,399,950 low | high Med: $629,990 sqft: 1,692 low | high Med: 1,735 $ / sqft: $827 low | high Med: $363 On site: 48 low | high Med: 55 | |