Listed by Maria Ordaz, Waterstone Properties
- Land
- Type
- 46,609 sq ft
- Lot
- 0
- Days on market
About this property
PRIME DEVELOPMENT OPPORTUNITY – 1.07 ACRES ON CHAIN LAKE RD! Investor & Builder's Dream! Exceptional opportunity in the growing Monroe corridor, surrounded by new residential development. Zoned R-7 (Residential –7 units per acre), offering potential for single-family and middle-housing development, subject to city's approval. VALUE IS IN THE LAND! Previous home demolished. Existing 2 BE Septic, city water, and electricity on-site, with potential access to public sewer in the street. Ideal for builders, developers, and investors looking to capitalize on a desirable and expanding residential market. Buyer to verify zoning, density, utilities, subdivision potential, and development feasibility with appropriate jurisdictions. DON'T MISS THIS RARE INVESTMENT OPPORTUNITY!
Location & commute
Add a destination, like work or the gym, for directions and drive time.
Jeff's Neighborhood Guide
Get to know the East Snohomish County area
Jeff's Seattle & Eastside Neighborhood Guide profiles 70 communities: the streets, shorelines, parks, markets, and local places that define each one. It is editorial, separate from the MLS listing data above.
Property details
Listing details
- Listing number
- #2595144
- Listed
- November 4, 2026
- Days on market
- 0
Construction
- Style
- 41 - Res-Over 1 Acre
- Structure
- None
Lot
- Lot features
- Corner Lot
- Lot size
- 46,609 sq ft
Terms
- Terms offered
- CashConventional
Utilities
- Utilities
- Electricity ConnectedSeptic Design AppliedSeptic Design Installed
- Water
- Available
- Sewer
- In Street
Schools
- District
- Monroe
- Elementary
- Chain Lake Elem
- Middle
- Park Place Middle Sc
- High
- Monroe High
Listing history
Listed
$1,500,000
November 4, 2026
Derived from current MLS listing fields.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$8,735
- Principal & interest
- $7,585
- Property tax (est.)
- $1,150
Assumes $300,000 down (20%), a $1,200,000 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 November 4, 2026 at 3:10 PM PST. 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.