Listed by Sam Burke, John L. Scott Snohomish
- 3
- Bedrooms
- 3
- Bathrooms
- 1,692
- Square feet
- $827
- Per sq ft
- Single Family Residence
- Type
- 1990
- Year built
- 48,787 sq ft
- Lot
- 50
- Days on market
About this property
DEVELOPMENT OPPORTUNITY! This 1.12-acre parcel is zoned MR (Multiple Residential), offering strong investment potential for apartments, townhomes, multifamily housing, or DADUs. Sewer, water, and power are available in the street, and the property has direct access to 148th St SW with public transit nearby. Buyers should verify zoning, utility availability, and development potential with the county. In the meantime, the home offers comfortable living or rental income while future plans take shape. The 1,692-square-foot tri-level features 3 bedrooms and 2.5 bathrooms, a bright living room with vaulted ceilings and a bay window, and a kitchen with hardwood flooring, a breakfast bar, and adjacent dining. The family room includes a wood-burning stove and sliding glass doors to the backyard, and the primary suite has its own en-suite bath. Whether you’re an investor, builder, or homeowner planning for the future, this property offers real value today and meaningful upside ahead.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2539159
- Listed
- July 8, 2026
- Days on market
- 50
- Price per sq ft
- $827
Unit & building
- Building
- Alderwood Manor
- Unit levels
- Three Or More
Parking
- Parking
- DrivewayAttached Garage
- Covered spaces
- 2
- Total spaces
- 2
Construction
- Year built
- 1990
- Style
- 13 - Tri-Level
- Structure
- House
- Roof
- Composition
Heating & cooling
- Heating
- Baseboard
- Cooling
- None
- Energy source
- Electric
Interior features
- Features
- Dining RoomFireplace
- Fireplaces
- 1
- Fireplace type
- Wood Burning
Flooring
- Flooring
- HardwoodVinylCarpet
Appliances
- Appliances
- DishwasherDisposalDouble OvenDryerRefrigeratorStove(s)/Range(s)Washer
Lot
- Lot features
- Dead End StreetPaved
- Lot size
- 48,787 sq ft
Terms
- Terms offered
- CashConventionalFHAVA Loan
Utilities
- Water
- Alderwood Water
- Sewer
- Septic
- Power
- PUD
Schools
- District
- Mukilteo
What stands out to you?
Mark features you love or could do without. Saved on this device to tune what you see.
- Three Or More
- Driveway
- Attached Garage
- House
- Composition
- Baseboard
- None
- Electric
- Dining Room
- Fireplace
- Wood Burning
- Hardwood
Listing history
Listed
$1,399,950
July 8, 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
$8,152
- Principal & interest
- $7,079
- Property tax (est.)
- $1,073
Assumes $279,990 down (20%), a $1,119,960 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.
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Based on information submitted to the MLS GRID as of August 28, 2026 at 1:03 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.