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JRJeff ReynoldsCompass · Seattle

Listed by Dave Nelson, Dave Nelson Real Estate

3
Bedrooms
2
Bathrooms
1,596
Square feet
$2,030
Per sq ft
Single Family Residence
Type
1971
Year built
69,260 sq ft
Lot
168
Days on market

About this property

Prime Development Opportunity in Snohomish County! This well-positioned property offers outstanding potential for residential development, with zoning and neighboring properties suggesting the site may support up to 15 townhome lots (buyer to verify). The parcel sits adjacent to an existing townhome community with units selling for over one million dollars, reinforcing the area's proven demand and neighborhood compatibility. Just minutes from Silver Lake, this location combines convenience and lifestyle appeal. Residents will enjoy easy access to Alderwood Mall, Everett Mall, schools, parks, and public transportation, along with nearby shopping, dining, and commuter routes. The surrounding area continues to experience strong growth, making this an excellent opportunity for builders, developers, or investors seeking their next project in a high-demand market. A rare chance to secure a development site in a desirable Everett location with close-in amenities and strong resale or rental potential. Current house could be rented for additional income while you work on the development, or maybe saveable on a smaller lot kept in the development.

Location & commute

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Directions

Property details

Listing details

Listing number
#2472317
Listed
January 26, 2026
Days on market
168
Price per sq ft
$2,030

Unit & building

Unit levels
One

Parking

Parking
DrivewayAttached Garage
Covered spaces
2
Total spaces
2

Views

View
Territorial

Construction

Year built
1971
Style
10 - 1 Story
Structure
House
Roof
Composition

Heating & cooling

Heating
Fireplace InsertForced AirStove/Free Standing
Cooling
None
Energy source
Electric

Interior features

Features
Double Pane/Storm WindowFireplace
Fireplaces
2
Fireplace type
GasWood Burning

Flooring

Flooring
HardwoodCarpet

Appliances

Appliances
Dishwasher(s)Dryer(s)Microwave(s)Refrigerator(s)Stove(s)/Range(s)Washer(s)

Lot

Lot size
69,260 sq ft

Terms

Terms offered
Cash OutConventional

Utilities

Water
Silver Lake
Sewer
AvailableSeptic Tank
Power
Snohomish County PUD

Schools

District
Everett

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • One
  • Driveway
  • Attached Garage
  • Territorial
  • House
  • Composition
  • Fireplace Insert
  • Forced Air
  • Stove/Free Standing
  • None
  • Electric
  • Double Pane/Storm Window

Listing history

  1. Listed

    $3,240,000

    January 26, 2026

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$18,867

Principal & interest
$16,383
Property tax (est.)
$2,484

Assumes $648,000 down (20%), a $2,592,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 13, 2026 at 10:45 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.