$620,000
Listed at $500,0004 bd•2 ba•1,632 sq ft
5417 173rd Place Sw, Lynnwood, WA 98037
• Listed 2025-10-08
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Excellent investment opportunity! This 4-bedroom, 2-bath home sits on a valuable lot with exceptional redevelopment potential. The existing structure has significant deferred maintenance, making it ideal for a complete rebuild, major renovation, or long-term hold. Perfect for investors seeking a high-upside project in a desirable area with strong market fundamentals. Create new value through redevelopment or design your next showcase property—options abound. With great neighborhood potential and strong market demand, this property is ready for transformation. Don’t miss your chance to capitalize on this.
Listed by Darcy LaBelle • Windermere Real Estate Co.
Listing updated: November 17, 2025 at 04:03am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2441542
Neighborhood mobility
Edmonds School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
Lynnwood is a strong seller's market.
Inventory is very low and competition is fierce. Sellers have significant 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 5 days.
$770,000 Sold
3 months ago
3 bd•2.5 ba•~1,842 sq ft•Single Family
6509 182nd Street Sw, Lynnwood, WA 98037
1%
Under list
—
Days on market
0.9 mi
Distance
$540,000 Sold
3 months ago
2 bd•1.75 ba•~1,280 sq ft•Single Family
4227 Stonebridge Way, Lynnwood, WA 98037
2%
Under list
—
Days on market
0.8 mi
Distance
$145,000 Sold
3 months ago
2 bd•1.5 ba•Single Family
18501 52nd Avenue W #54, Lynnwood, WA 98037
0%
Over list
—
Days on market
0.8 mi
Distance
$630,000 Sold
4 months ago
4 bd•1.75 ba•~2,154 sq ft•Single Family
18123 60th Avenue W, Lynnwood, WA 98037
5%
Under list
—
Days on market
0.6 mi
Distance
$734,950 Sold
4 months ago
4 bd•1.5 ba•~1,721 sq ft•Single Family
16709 W 58th Place, Lynnwood, WA 98037
0%
Over list
—
Days on market
0.4 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
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 November 17, 2025 at 04:03am (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.
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (2)
See more →
Open Wed, Sep 23 +3$721,000
+$101,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $570K and $950K.
Rental earnings
$2,175/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$620,000Last sold price
5417 173rd Place Sw, Lynnwood, WA 98037
$720,000Last sold price
5428 172nd Street Sw, Lynnwood, WA 98037
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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