$1,695,000
4 bd•4 ba•3,298 sq ft
1221 158th Place Sw, Lynnwood, WA 98087
• Listed 2025-11-08
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Ultra-exclusive luxury living in Lynnwood’s most prestigious new community, welcome to Martha Lake Estates. This very open modern masterpiece blends luxury, privacy, and innovation with features you won't see anywhere else. Including, Triple-pane windows and doors to ensure quiet comfort and efficiency, oak floors and custom lighting throughout. The chef’s kitchen boasts pro-grade appliances, waterfall island, sintered stone counters and custom cabinetry. The primary suite offers heated floors, a soaking tub, and spa shower and so much more. Lynnwood’s Premier Address to have is here. Only 9 homes will ever exist in this exclusive gated sanctuary. Secure your legacy today. Ask about getting a 2.75% mortgage rate, limited time only!
Listed by Chris Schniegenberg • Real Broker LLC
Listing updated: February 9, 2026 at 04:03am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2452417
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 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 13 days.
$899,950 Sold
6 weeks ago
4 bd•2.5 ba•~1,907 sq ft•Single Family
201 156th Place Sw #mg 13, Lynnwood, WA 98087
0%
Over list
—
Days on market
0.7 mi
Distance
$680,000 Sold
3 months ago
3 bd•2 ba•~1,210 sq ft•Single Family
1724 147th Place Sw, Lynnwood, WA 98087
2%
Under list
—
Days on market
0.7 mi
Distance
$1,198,000 Sold
3 months ago
4 bd•3 ba•~2,880 sq ft•Single Family
715 153rd Street Sw, Lynnwood, WA 98087
0%
Over list
—
Days on market
0.5 mi
Distance
$965,000 Sold
3 months ago
•Single Family
15215 Larch Way, Lynnwood, WA 98087
3%
Under list
—
Days on market
0.6 mi
Distance
$965,000 Sold
3 months ago
•Single Family
15215 Larch Way, Lynnwood, WA 98087
3%
Under list
—
Days on market
0.6 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 February 9, 2026 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.
$1,484,000
-$211,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $930K and $1.7M.
Rental earnings
$4,450/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$1,695,000Last sold price
1221 158th Place Sw, Lynnwood, WA 98087

$1,350,000Last sold price
15904 12th Place W, Lynnwood, WA 98087
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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