About this home

Rare Lake Stevens commercial development opportunity! Currently a 3 bed, 1 bath rambler sitting on approximately 1.38 acres across two tax parcels in a highly desirable South Lake Stevens location. Recently rezoned and ready for your business goals! The existing home provides immediate use as a primary residence or rental, featuring a covered back patio and detached garage. A paved lower lot provides easy access to multiple sheds and shops, adding exceptional storage and utility. The property may accommodate attached townhomes, detached residences, commercial development! With two sewer stubs already on the property and the home currently served by septic, much of the groundwork is already in place. Develop now, hold for the future, or enjoy the property as-is while exploring the many possibilities. A unique property offering acreage, improvements, and substantial development potential all in one!

Exterior features

Metal/VinylWood

Property details

Heating: Forced Air, Heat Pump, Stove/Free Standing
Cooling: Central Air
Flooring: Vinyl, Carpet
Water source: Public
Sewer: Septic Tank

Costs

Annual taxes: $3,997 (2026)

Estimate your monthly payment

$6,649/mo

Principal & interest: $6,316
Property taxes: $333

Down payment (20%) $249,800 Interest rate (%) Loan term (years)

Loan amount $999,200

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

Location

Lake Stevens, WA 98258

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Spivey Realty Group, LLC— Kevin Spivey.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.

Interested in this home?

Request a private tour or ask a question — a local agent will respond personally.