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.
| MLS # | 2553481 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 59 |
| Listing Provided By | Skyline Properties, Inc. | Sanjeev Kumar Sharma |
| Acreage | 0.49 |
|---|
| Property | 2191 |
|---|
| State | WA |
|---|---|
| County | Snohomish |
| City | Lynnwood |
| Zip Code | 98037 |
| Area | 740 Everett | Mukilteo |
| Community Name | Alderwood |
| Listing VS Median (in Alderwood) | |
Price: $650,000 low | high Med: $698,000 On site: 59 low | high Med: 18.5 | |
| State | WA |
|---|---|
| County | Snohomish |
| City | Lynnwood |
| Zip Code | 98037 |
| Area | 740 Everett | Mukilteo |
| Community Name | Alderwood |
| Listing VS Median (in Alderwood) | |
Price: $650,000 low | high Med: $698,000 On site: 59 low | high Med: 18.5 | |