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JRJeff ReynoldsCompass · Seattle

Listed by Dave Nelson, Dave Nelson Real Estate

Land
Type
69,260 sq ft
Lot
258
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

Jeff's Neighborhood Guide

Get to know the Everett/Mukilteo area

Jeff's Seattle & Eastside Neighborhood Guide profiles 70 communities: the streets, shorelines, parks, markets, and local places that define each one. It is editorial, separate from the MLS listing data above.

Property details

Listing details

Listing number
#2472443
Listed
January 26, 2026
Days on market
258
Original list price
$3,240,000

Views

View
Territorial

Construction

Style
41 - Res-Over 1 Acre
Structure
None

Lot

Lot features
Paved
Lot size
69,260 sq ft

Terms

Terms offered
CashConventional

Utilities

Utilities
Electricity ConnectedNatural Gas AvailableSeptic Design Installed
Water
On Property
Sewer
Available

Schools

District
Everett

What stands out to you?

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  • Territorial
  • None
  • Paved
  • Cash
  • Conventional
  • Electricity Connected
  • Natural Gas Available
  • Septic Design Installed
  • On Property
  • Available

Listing history

  1. Listed

    $3,240,000

    January 26, 2026

  2. Current price

    $2,500,000

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

$14,558

Principal & interest
$12,641
Property tax (est.)
$1,917

Assumes $500,000 down (20%), a $2,000,000 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 October 12, 2026 at 3:30 AM 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.