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JRJeff ReynoldsCompass · Seattle

Listed by Demba Baldeh, Skyline Properties, Inc.

9
Bedrooms
4
Bathrooms
2,948
Square feet
$543
Per sq ft
Single Family Residence
Type
1955
Year built
8,500 sq ft
Lot
74
Days on market

About this property

Exceptional Income-Producing Adult Family Home Opportunity in Prime Lynnwood Location! Rare opportunity to own an established Adult Family Home business and real estate together in a highly desirable Lynnwood location, conveniently close to medical facilities, shopping, services, and key amenities.This nearly 3,000 sq. ft. Home offers the perfect blend of care business income and residential comfort, featuring spacious owner/family living upstairs with 3 bedrooms, while the lower level offers 6 bedrooms, including potential caregiver room, designed for efficient AFH operations. Home is license for 6, but Currently operating with 2 residents generating $10,000/month income. This property presents immediate cash flow with upside potential for experienced operators or investors looking to expand. Ideal for buyers seeking to add a second Adult Family Home near an existing operation, or those entering the industry with a turnkey opportunity. The conveniece of a living space and business downstairs is an appealing opportunity to grab. Saves you plenty on mortgage payments. Imagine filling this home with your desired residents! Save yourself the hassle of having to remodel a home from scratch and make this your own. Could be licensed upto 8 residents with living quarters upstairs. How about that for economies of scale.

Property details

Listing details

Listing number
#2510101
Listed
April 30, 2026
Days on market
74
Price per sq ft
$543

Parking

Parking
DrivewayNoneOff Street

Views

View
Territorial

Construction

Year built
1955
Style
11 - 1 1/2 Story
Structure
House
Roof
Torch Down

Heating & cooling

Heating
Forced AirHigh Efficiency (Unspecified)
Cooling
Forced Air
Energy source
ElectricWood

Interior features

Features
Second KitchenBath Off PrimaryCeiling Fan(s)FireplaceFrench DoorsWalk-In Closet(s)
Fireplaces
1
Fireplace type
Wood Burning

Flooring

Flooring
HardwoodLaminate

Appliances

Appliances
DishwasherDisposalDryerMicrowaveRefrigeratorTrash CompactorWasher

Lot

Lot features
Paved
Lot size
8,500 sq ft

Terms

Terms offered
ConventionalSee Remarks

Utilities

Water
Public
Sewer
Sewer Connected

What stands out to you?

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

  • Driveway
  • None
  • Off Street
  • Territorial
  • House
  • Torch Down
  • Forced Air
  • High Efficiency (Unspecified)
  • Electric
  • Wood
  • Second Kitchen
  • Bath Off Primary

Listing history

  1. Listed

    $1,600,000

    April 30, 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

$9,317

Principal & interest
$8,090
Property tax (est.)
$1,227

Assumes $320,000 down (20%), a $1,280,000 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 2:30 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.