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JRJeff ReynoldsCompass · Seattle

Listed by Greg Perry, The Preview Group

Land
Type
542,322 sq ft
Lot
78
Days on market

About this property

Exceptional large-scale development opportunity in Snohomish County’s fast-growing Monroe corridor. Located at 134th St SE & Ingraham Rd, this 12.45-acre vacant land site is zoned County R-9,600, in the UGA. A great opportunity for builders, developers, and middle-housing groups seeking scale in a high-demand residential market. Recent critical-area feasibility and wetland delineation work has already been completed, clearly identifying wetlands, stream buffers, and multiple approved buffer-reduction/averaging strategies, giving future ownership a major head start in entitlement planning. Based on preliminary land-planning concepts, the site shows potential for approximately 40–45 single-family lots or an estimated 75–90 multifamily/middle-housing units, subject to final engineering, a critical-area mitigation strategy, plat design, and Snohomish County approval. The parcel benefits from paved frontage on 134th St SE and Ingraham Rd, level topography in the primary build zones, and water, sewer, gas, and electricity available in the street. With wetlands already mapped, clear development pathways outlined in the feasibility report, and multiple density strategies available through county code, this is a rare opportunity for a developer to capitalize on one of Monroe’s most supply-constrained growth corridors. Wetland feasibility identifies multiple reduction methods, including averaging, enhancement, separate tract, and combined methods, to help maximize density potential.

Location & commute

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Directions

Property details

Listing details

Listing number
#2506424
Listed
April 13, 2026
Days on market
78

Construction

Style
41 - Res-Over 1 Acre
Structure
None

Lot

Lot features
Corner Lot
Lot size
542,322 sq ft

Terms

Terms offered
Cash

Utilities

Utilities
Electricity AvailableNatural Gas Available
Water
AvailableIn Street
Sewer
In Street

Schools

District
Monroe

What stands out to you?

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  • None
  • Corner Lot
  • Cash
  • Electricity Available
  • Natural Gas Available
  • Available
  • In Street

Listing history

  1. Listed

    $4,950,000

    April 13, 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

$28,825

Principal & interest
$25,030
Property tax (est.)
$3,795

Assumes $990,000 down (20%), a $3,960,000 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 14, 2026 at 12:00 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.