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Mike Thomson

mike@1realty.com +1(360) 739-8211

Listed by:HomeSmart One Realty • Liam Isiah Sialer

$850,000

Est. payment - /mo

3 Beds

3 Baths

2,184 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,184 sqft

Price per Sqft $389

Subdivision Downtown Lk Stevens

MLS Listing ID 2511444

Style 12 - 2 Story

Bedrooms 3

Full Baths 3

Year Built 1918

Annual Tax Amount $5,004

Lot Size 0.470 Acres

Property Sub-Type Single Family Residence

Property Description

Attention Developers & Investors! Exceptional opportunity for up to 8-10 townhomes with a mixed-use component in downtown Lake Stevens. This “cookie-cutter” project offers flexibility for retail/office use with potential lake and mountain views. Flat, partial slope cleared site with no known wetlands, creeks, or critical areas, supporting a smoother permitting process. Zoned CBD (Central Business District) with increased height allowances, allowing for a variety of residential, commercial, or live/work, mixed-use development strategies. Shy half acre with a renovated 3 bed / 3 bath home (Possible option to convert into ADU/MIL w/additional room downstairs/kitchenette/separate entrance), ideal for rental income or hold while permitting. Bonus Value-Add: Detached 2-car garage/shop with loft + separate entrance—ideal for ADU/DADU, office, or additional rental unit. Flexible Options: Townhome or mixed-use redevelopment, subdivide & build additional units, live on-site while developing, owner-user opportunity, long-term hold in a high-growth corridor. Highlights: no known critical areas - faster permitting, increased height allowances, rare opportunity for a clean, scalable project with strong upside. Close to to lake, parks, library, dining, schools and retail, strong demand in Snohomish County. Buyer to verify all information.

Location

State WA

County Snohomish

Area 760 - Northeast Snohomish?

Rooms

Basement None

Interior

Interior Features Dbl Pane/Storm Window, Dining Room, Fireplace, French Doors

Flooring Ceramic Tile, Vinyl

Fireplaces Number 1

Fireplaces Type Wood Burning

Fireplace true

Appliance Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Washer

Exterior

Exterior Feature Metal/Vinyl, Wood Products

Amenities Available Cable TV, Fenced-Partially, Gas Available, High Speed Internet, RV Parking, Shop

View Y/N Yes

View Lake

Roof Type Composition

Garage Yes

Building

Lot Description Curbs, Open Space, Sidewalk, Value In Land

Story Two

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Buyer To Verify

School District Lake Stevens

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Mike Thomson

+1(360) 739-8211

Broker

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12105 20th St NE Lake Stevens, WA 98258

Mike Thomson

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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