$1,604,010
Listed at $1,999,5004 bd•2 ba•1,811 sq ft
1700 Magnolia Road, Lynnwood, WA 98036
• Listed 2025-06-03
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BUILDER ALERT! 16-Unit Townhome development Permitted with all Land Use approvals!! Building plans are also included in the sale for 2 and 3 bedroom units with 2 car garages OR bring your own building plans. All homes will overlook a wetland preservation area that will provide verdant tall tree views and privacy for the site. Some gentle sloping on part of the site. Perfect transit-oriented development (TOD) homesite close to light rail and excellent amenities such as supermarkets, restaurants, health care and shops. Great location walkable to Alderwood Mall and a 5 min car ride from the Lynnwood Light Rail Park and Ride. Easy access to I-5 and 405.
Listed by Eva Otto • Infiniti Real Estate & Dev
Listing updated: June 5, 2026 at 04:04am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2386487
Neighborhood mobility
Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.
Lynnwood is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 4 days.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Sep 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of June 5, 2026 at 04:04am (date and time MLS GRID Data was obtained). 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). 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 RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
Equal Housing Opportunity. RexMont Real Estate is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
$1,196,000
-$408,010 under list price
Nearby comparable homes
RexMont uses 2 strongest recent nearby sales, priced between $820K and $1.6M.
Rental earnings
$3,600/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$1,604,010Last sold price
1700 Magnolia Road, Lynnwood, WA 98036

$820,000Last sold price
2432 192nd Place Sw, Lynnwood, WA 98036
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
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