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JRJeff ReynoldsCompass · Seattle

Listed by Yalamanchili Venkata, Kelly Right RE of Seattle LLC

3
Bedrooms
3
Bathrooms
1,827
Square feet
$985
Per sq ft
Single Family Residence
Type
1979
Year built
44,431 sq ft
Lot
65
Days on market

About this property

Investor / Developer Opportunity! Value is in the land. This 1,817 sq ft single-family home featuring 3 bedrooms and 2.5 baths sits on a prime 1 acre parcel that is fully approved for a 6-lot subdivision—offering a rare, shovel-ready development opportunity. All permits, engineering, and plans are in place, allowing for a seamless transition to construction and significantly reducing timeline, risk, and holding costs. The existing home provides potential interim rental income. Ideally located in a desirable and rapidly growing area, the property is surrounded by established neighborhoods with convenient access to schools, shopping, dining, and major commuter routes. Opportunities like this—where approvals are already secured—are increasingly hard to find. Bring your vision and capitalize on this ready-to-build development site!

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2499991
Listed
April 2, 2026
Days on market
65
Price per sq ft
$985

Unit & building

Unit levels
Multi/Split

Parking

Parking
Attached Garage
Covered spaces
2
Total spaces
2

Construction

Year built
1979
Style
14 - Split Entry
Structure
House
Roof
Composition

Heating & cooling

Heating
Forced Air
Cooling
None
Energy source
ElectricNatural Gas

Interior features

Features
Fireplace
Fireplaces
2
Fireplace type
Wood Burning

Flooring

Flooring
Ceramic TileLaminateCarpet

Appliances

Appliances
DishwasherDisposalDryerMicrowaveSee RemarksStove(s)/Range(s)Washer

Lot

Lot size
44,431 sq ft

Terms

Terms offered
CashConventional

Utilities

Water
Alder wood water & sewer
Sewer
Alder wood water & sewer
Power
Snohomish PUD

Schools

District
Northshore
Elementary
Fernwood Elem
Middle
Skyview Middle School
High
Northshore Home Sc N

What stands out to you?

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

  • Multi/Split
  • Attached Garage
  • House
  • Composition
  • Forced Air
  • None
  • Electric
  • Natural Gas
  • Fireplace
  • Wood Burning
  • Ceramic Tile
  • Laminate

Listing history

  1. Listed

    $1,800,000

    April 2, 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

$10,482

Principal & interest
$9,102
Property tax (est.)
$1,380

Assumes $360,000 down (20%), a $1,440,000 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.