2802 148th Street SW, Lynnwood, WA 98087
Listed by Anisa Ozegovic, Kelly Right RE of Seattle LLC
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Jeff Reynolds · Managing Broker, Compass
Start with a focused 15-minute call, then tour with a clear due-diligence plan.
- Land
- Type
- 47,916 sq ft
- Lot
- 0
- Days on market
About this property
17-unit townhome development opportunity in a prime Lynnwood location. Significant planning, design and development work has already been completed, allowing a buyer to step into the project and move directly toward construction. Project consists of two 6-unit buildings and one 5-unit building with modern 3-story, 3- & 4-bedroom townhomes ranging from approx. 1,307–1,652 SF with attached garages and private outdoor spaces. Building plans are complete and ready to be submitted for final review and are included with the sale, along with available architectural, civil, site and supporting project documents. Excellent location with convenient access to I-5, light rail, shopping, dining, schools and major commuter routes. An exceptional opportunity for a builder or developer to acquire a substantially completed development package and avoid much of the time and expense associated with taking a project from raw land through design and planning. Buyer to verify all information and approval status.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2567527
- Listed
- August 13, 2026
- Days on market
- 0
Construction
- Style
- 42 - Multi-Family
- Structure
- None
Lot
- Lot size
- 47,916 sq ft
Terms
- Terms offered
- CashConventional
Utilities
- Utilities
- Electricity ConnectedNatural Gas Available
- Water
- Available
- Sewer
- AvailableIn Street
Schools
- District
- Edmonds
Listing history
Listed
$1,900,000
August 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
$11,064
- Principal & interest
- $9,607
- Property tax (est.)
- $1,457
Assumes $380,000 down (20%), a $1,520,000 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.
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Based on information submitted to the MLS GRID as of August 13, 2026 at 6:30 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.