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JRJeff ReynoldsCompass · Seattle

Listed by Sanjeev Kumar Sharma, Skyline Properties, Inc.

Land
Type
21,344 sq ft
Lot
311
Days on market

About this property

Exceptional opportunity to develop 4 luxury townhomes on a 0.49-acre lot with fully approved permits in place.Each unit is thoughtfully designed with 5 bedrooms, offering spacious layouts ideal for today’s high-demand rental or resale market. The flat, build-ready site is located in a quiet residential neighborhood, just minutes from Alderwood Mall, I-5, I-405, and the future Lynnwood Light Rail Station. Utilities are nearby, and the permitting process is already complete — saving valuable time and cost. A rare turnkey project with strong upside potential in one of Lynnwood’s fastest-growing areas. The permitted plans are included in the list price.

Location & commute

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Directions

Property details

Listing details

Listing number
#2553481
Listed
July 11, 2026
Days on market
311 (includes a prior listing period)

Construction

Style
40 - Res-Less thn 1 Ac
Structure
None

Lot

Lot features
Dead End StreetPavedSecluded
Lot size
21,344 sq ft

Terms

Terms offered
CashConventionalLease Purchase

Utilities

Utilities
Electricity AvailableNatural Gas Available
Water
Available
Sewer
Available

Schools

District
Everett

What stands out to you?

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  • None
  • Dead End Street
  • Paved
  • Secluded
  • Cash
  • Conventional
  • Lease Purchase
  • Electricity Available
  • Natural Gas Available
  • Available

Listing history

  1. Listed

    $800,000

    July 11, 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

$4,658

Principal & interest
$4,045
Property tax (est.)
$613

Assumes $160,000 down (20%), a $640,000 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 2:00 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.