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Listed by:Real Broker LLC • Shannon Renner
$859,000
Est. payment /mo
2.23 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Martha Lake
MLS Listing ID 2544240
Style 41 - Res-Over 1 Acre
Annual Tax Amount $4,877
Lot Size 2.230 Acres
Property Sub-Type Land
Property Description
Rare development acreage with Larch Way street frontage in high-demand Martha Lake. Huge opportunity for builders, investors, land-bankers, and homesteaders alike. 2.23 acres with medium-density zoning in unincorporated Snohomish County. Preliminary studies indicate potential for 8–10 townhomes (buyer to verify zoning & yield with the County) within the estimated .65 acres of buildable area. Explore townhome or attached development, a single estate home with subdivision/DADU potential, or hold-and land bank. Prefer to settle in? The existing 3-bed/2 bath home is a fixer with room to roam. Live on the acreage as-is, store the RV and boat, add a DADU, and build new over time or rent it to carry your hold through feasibility and permitting. There is currently lots of garden space with mature fruit-producing trees in place, a chicken coop, fenced garden area and plenty of outbuildings for storage. Turn the enclosed garage area into a workshop. Amazing location. Surrounded by the trails of Martha Lake Airport Park and a 5-minute walk to Martha Lake itself. Minutes to I-5/I-405, Alderwood Mall & Mill Creek. Located in the coveted Edmonds School District and squarely in the Lynnwood light-rail corridor with abundant transit as stations advance north. Builders nearby are sold out—here's your next site. Frontage, flexibility, and a path to multiple homes in one of Snohomish County's fastest-absorbing pockets. Bring your vision.
Location
State WA
County Snohomish
Area 730 - Southwest Snohomish
Interior
Fireplace false
Exterior
Utilities Available Electricity Connected
View Y/N No
Building
Lot Description Dead End Street, Paved, Secluded
Sewer On Property
Water On Property
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Edmonds
Others
Senior Community No
Acceptable Financing Cash, Conventional, Rehab Loan, See Remarks
Listing Terms Cash, Conventional, Rehab Loan, See Remarks
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Nearby School & Business
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