About this home

Prime Development Opportunity in Snohomish County! This well-positioned property offers outstanding potential for residential development, with zoning and neighboring properties suggesting the site may support up to 15 townhome lots (buyer to verify). The parcel sits adjacent to an existing townhome community with units selling for over one million dollars, reinforcing the area's proven demand and neighborhood compatibility. Just minutes from Silver Lake, this location combines convenience and lifestyle appeal. Residents will enjoy easy access to Alderwood Mall, Everett Mall, schools, parks, and public transportation, along with nearby shopping, dining, and commuter routes. The surrounding area continues to experience strong growth, making this an excellent opportunity for builders, developers, or investors seeking their next project in a high-demand market. A rare chance to secure a development site in a desirable Everett location with close-in amenities and strong resale or rental potential. Current house could be rented for additional income while you work on the development, or maybe saveable on a smaller lot kept in the development.

Around this home

Property details

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Source: Walk Score®, Bike Score® and Transit Score® are provided by Walk Score (walkscore.com), a third-party service. This is not Northwest MLS listing data.

• Beverly Elementary

  Public · Grades K-6 · 5.8 mi · State rank 836 of 1,160
  2/10
• Alderwood Middle School

  Public · Grades 7-8 · 4.1 mi · State rank 305 of 534
  4/10
• ACES High School

  Public · Grades 9-12 · 2.7 mi · State rank 427 of 438
  1/10

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.

Source: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

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A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.

Market pulse

Everett is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

• Offer insight: Well-priced homes draw multiple offers; others sell close to asking.

• List to sale price: The average home sells very close to list price.

• Time on market: The average home goes pending in around 61 days.

Market data from MLS GRID / NWMLS · Updated Sep 2026