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$3,350,000

Reduced $50,000 — was $3,400,000

40825 RE Undisclosed

Mukilteo, WA 98275

Active
Partial viewSound viewTerritorial view

Beds

9

Baths

6

Sq Ft

4,469

Lot

0.22 ac

Year built

1964

Type

Residential

Days listed

2

MLS #

2503566

About this home

Fully operational Adult Family Home in a prime Mukilteo location offering immediate, high income with significant upside potential. Currently configured for 6 residents plus 1 boarding resident, with residents in place providing day-one income. Extensively renovated from the studs with permitted improvements. Improvements include new electrical, plumbing, furnace, tankless water heater, A/C, siding, windows, and a backup generator. Interior upgrades include heated floors on the lower level, updated kitchens with quartz countertops, pot fillers, new cabinetry and appliances, a utility room with w/d downstairs, and an additional w/d upstairs. Functional layout supports efficient operations while maintaining a comfortable setting, offering 9 bedrooms total—4 suitable for double occupancy and 2 lower-level suites for owner/operator, staff, or rental use. Fully staffed with 3 employees. Value-add potential includes increasing capacity to 8 residents plus 1 boarding resident with sprinkler installation (bid available), along with city-approved plans for an additional upper level, bringing total potential size to ~5,400 sq ft. Expansion may allow for increased capacity, potential water views, and long-term real estate and business value growth. Financials reflect partial occupancy with opportunity to increase income. Listing price includes both real estate and established business, offering a complete income-producing opportunity.

Interior features

Second KitchenSecond Primary BedroomBath Off PrimaryDining RoomFireplaceFrench DoorsHot Tub/SpaJetted TubSaunaWalk-In Closet(s)Water Heater

Exterior features

BrickWood

Appliances

DishwasherDisposalDryerMicrowaveRefrigeratorStove(s)/Range(s)Washer

Schools

Elementary

Mukilteo Elem

Middle

Olympic View Mid

High

Kamiak High

Property details

Heating
90%+ High Efficiency, Forced Air, Heat Pump
Cooling
90%+ High Efficiency, Central Air, Forced Air, Heat Pump
Parking
Driveway, Attached Garage, Off Street
View
Partial, Sound, Territorial
Lot
Cul-De-Sac, Curbs, Dead End Street, Paved, Sidewalk
Water source
Public
Sewer
Sewer Connected
Levels
One
Fireplaces
2

Costs

Price / sq ft
$750
Annual taxes
$9,125 (2025)

Estimate your monthly payment

$17,700/mo

Principal & interest
$16,939
Property taxes
$760
Loan amount $2,680,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Mukilteo, WA 98275

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Real Broker LLC— Alexandru Motroc.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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