2711 148th Street SW, Lynnwood, WA 98087

$1,399,950
3
BD
3
BA
1,692
SqFt

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Listing courtesy of John L. Scott Snohomish.

List Price
$1,399,950
Status
ACTIVE
MLS#
2539159
Days on Market
18
Bedrooms
3
Finished SqFt
1,692
Area Total SqFt
1692
Annual Tax Ammount
6736.03
Lot Size (sq ft)
48,787
Fireplace
Yes
Sewer
Septic Tank

Property Description

DEVELOPMENT OPPORTUNITY! This 1.12-acre parcel is zoned MR (Multiple Residential), offering strong investment potential for apartments, townhomes, multifamily housing, or DADUs. Sewer, water, and power are available in the street, and the property has direct access to 148th St SW with public transit nearby. Buyers should verify zoning, utility availability, and development potential with the county. In the meantime, the home offers comfortable living or rental income while future plans take shape. The 1,692-square-foot tri-level features 3 bedrooms and 2.5 bathrooms, a bright living room with vaulted ceilings and a bay window, and a kitchen with hardwood flooring, a breakfast bar, and adjacent dining. The family room includes a wood-burning stove and sliding glass doors to the backyard, and the primary suite has its own en-suite bath. Whether you’re an investor, builder, or homeowner planning for the future, this property offers real value today and meaningful upside ahead.

Additional Information

Community
Lynnwood
Style
13 - Tri-Level
Basement
None
Year Built
1990
Total Covered Parking
2
Roof
Composition
Site Features
Deck, Patio
Tax Year
2026
School District
Mukilteo
Potential Terms
Cash, Conventional, FHA, VA Loan
Interior Features
Dining Room, Fireplace
Flooring
Hardwood, Vinyl, Carpet
Driving Directions
From Hwy 99, east on 148th 3 blocks, property on north side of 148th.
Appliance
Dishwasher, Disposal, Double Oven, Dryer, Refrigerator, Stove(s)/Range(s), Washer
Appliances Included
Dishwasher(s), Double Oven, Dryer(s), Garbage Disposal, Refrigerator(s), Stove(s)/Range(s), Washer(s)
Energy Source
Electric
Based on information submitted to the MLS GRID as of . 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.
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