Rare development acreage with Larch Way street frontage in high-demand Martha Lake. Huge opportunity for builders, investors, land-bankers, and homesteaders alike. 2.23 acres with medium-density zoning in unincorporated Snohomish County. Preliminary studies indicate potential for 8-10 townhomes (buyer to verify zoning & yield with the County) within the estimated .65 acres of buildable area. Explore townhome or attached development, a single estate home with subdivision/DADU potential, or hold-and land bank. Prefer to settle in? The existing 3-bed/2 bath home is a fixer with room to roam. Live on the acreage as-is, store the RV and boat, add a DADU, and build new over time or rent it to carry your hold through feasibility and permitting. There is currently lots of garden space with mature fruit-producing trees in place, a chicken coop, fenced garden area and plenty of outbuildings for storage. Turn the enclosed garage area into a workshop. Amazing location. Surrounded by the trails of Martha Lake Airport Park and a 5-minute walk to Martha Lake itself. Minutes to I-5/I-405, Alderwood Mall & Mill Creek. Located in the coveted Edmonds School District and squarely in the Lynnwood light-rail corridor with abundant transit as stations advance north. Builders nearby are sold outhere's your next site. Frontage, flexibility, and a path to multiple homes in one of Snohomish County's fastest-absorbing pockets. Bring your vision.
| MLS # | 2544240 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 76 |
| Listing Provided By | Real Broker LLC | Shannon Renner |
| Zoning | Medium Density |
|---|---|
| Acreage | 2.23 |
| Property | 4877 |
|---|
| State | WA |
|---|---|
| County | Snohomish |
| City | Lynnwood |
| Zip Code | 98087 |
| Area | 730 Southwest Snohomish |
| Community Name | Martha Lake |
| School District | Buyer To Verify |
| Elementary School | Buyer To Verify |
| High School | Buyer To Verify |
| Listing VS Median (in Martha Lake) | |
Price: $759,000 low | high Med: $855,075 On site: 76 low | high Med: 23 | |
| State | WA |
|---|---|
| County | Snohomish |
| City | Lynnwood |
| Zip Code | 98087 |
| Area | 730 Southwest Snohomish |
| Community Name | Martha Lake |
| School District | Buyer To Verify |
| Elementary School | Buyer To Verify |
| High School | Buyer To Verify |
| Listing VS Median (in Martha Lake) | |
Price: $759,000 low | high Med: $855,075 On site: 76 low | high Med: 23 | |
![]() | $759,00014808 Larch WayLynnwood, WA 98087 |
![]() | $85,000Lynnwood, WA 98087 |