About this property

North Everett UR4 development opportunity on a 6,098 SF lot. Survey is complete and plans have already been submitted to the City, with both transferable to the buyer - offering massive savings on soft costs and holding time. Current plans call for renovating the existing 1,392 SF home into a modern 4-bedroom, 2.5-bath residence and adding two detached ADUs in the rear, creating a three-building property without a teardown. A similar house-plus-two-DADU project is currently underway just a few doors down on Oakes Avenue. Builders can also evaluate full redevelopment under UR4 zoning, which allows residential development up to four stories and 45 feet in height with no general numerical cap on dwelling units, subject to City requirements. Typical UR4 setbacks are 0 feet at the front and 5 feet at the interior side and rear. Residential units under 1,200 SF generally require no off-street vehicle parking, creating additional flexibility for site planning and density. City water and sewer, and preliminary City mapping shows nearby all-day transit and no mapped flood, wetland, stream, shoreline, historic, smelter-cleanup, or airport-overlay constraints. A strong opportunity to either continue with an already-designed house-plus-two-DADU project or pursue the property’s broader UR4 redevelopment potential. Buyer to verify all development capacity, zoning, setbacks, fees, utilities, and feasibility with the City of Everett.