Description
Prime Development Opportunity! Builders and investorsthis is your chance to capitalize on a high-demand location 2-parcel near Alderwood Mall! The true value is in the land, as the existing home was damaged by fire. This MR-zoned lot consists of two parcels with the potential for up to 11 units, offering endless possibilitiestownhomes, multi-family residences, condos, or single-family homes. Surrounded by newer developments, this area is experiencing tremendous growth. Enjoy unmatched convenience with easy access to I-5, I-405, and the newly opened Lynnwood Sound Transit Light Rail, making commuting a breeze. Located near Boeing, parks, and major shopping centers. This is a rare opportunity to invest in a rapidly developing community!
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3BEDS
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0.61ACRES
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1BATHS
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01/2 BATHS
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1,290SQFT
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$716$/SQFT
Listing information ©2025 Northwest MLS. Listing courtesy of KG Realty.
Mortgage Calculator is provided by BoomTown.
Description
Prime Development Opportunity! Builders and investorsthis is your chance to capitalize on a high-demand location 2-parcel near Alderwood Mall! The true value is in the land, as the existing home was damaged by fire. This MR-zoned lot consists of two parcels with the potential for up to 11 units, offering endless possibilitiestownhomes, multi-family residences, condos, or single-family homes. Surrounded by newer developments, this area is experiencing tremendous growth. Enjoy unmatched convenience with easy access to I-5, I-405, and the newly opened Lynnwood Sound Transit Light Rail, making commuting a breeze. Located near Boeing, parks, and major shopping centers. This is a rare opportunity to invest in a rapidly developing community!
IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than TRI STAR Team | RE/MAX NW are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2025-07-14T20:15:42.77. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market". Based on information submitted to the MLS GRID as of 2025-07-14T20:15:42.77. 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.