About this home

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.

Interior features

Exterior features

Appliances

Property details

Heating

Baseboard

Cooling

None

Flooring

Hardwood, Vinyl, Carpet

Parking

Driveway, Attached Garage

Lot

Dead End Street, Paved

Water source

Public

Sewer

Septic Tank

Levels

Three Or More

Fireplaces

1

Costs

Price / sq ft

$827

Annual taxes

$6,736 (2026)

Location

Lynnwood, WA 98087