Active
Listed by Liam Isiah Sialer • HomeSmart One Realty.
FOR SALE
$820,000
Est. $4,138/mo3 bd•3 ba•2,184 sq ft
12105 20th St Ne, Lake Stevens, WA 98258
• Listed 2026-04-30•3 days on market
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About this home
Attention Developers & Investors! Exceptional opportunity for up to 8-10 townhomes with a mixed-use component in downtown Lake Stevens. This “cookie-cutter” project offers flexibility for retail/office use with potential lake and mountain views. Flat, partial slope cleared site with no known wetlands, creeks, or critical areas, supporting a smoother permitting process. Zoned CBD (Central Business District) with increased height allowances, allowing for a variety of residential, commercial, or live/work, mixed-use development strategies. Shy half acre with a renovated 3 bed / 3 bath home (Possible option to convert into ADU/MIL w/additional room downstairs/kitchenette/separate entrance), ideal for rental income or hold while permitting. Bonus Value-Add: Detached 2-car garage/shop with loft + separate entrance—ideal for ADU/DADU, office, or additional rental unit. Flexible Options: Townhome or mixed-use redevelopment, subdivide & build additional units, live on-site while developing, owner-user opportunity, long-term hold in a high-growth corridor. Highlights: no known critical areas - faster permitting, increased height allowances, rare opportunity for a clean, scalable project with strong upside. Close to to lake, parks, library, dining, schools and retail, strong demand in Snohomish County. Buyer to verify all information.
Property type
Townhouse
Year built
1918
Open houses
No upcoming open houses scheduled for this property.
Around this home
RexMont Market Signal©
$810,000
-$10,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $625K and $765K.
Rental earnings
$2,425/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
Viewing 1 of 5
$625,000Last sold price
3 beds1.5 baths1,684 sq ft
12004 22nd Street Ne, Lake Stevens, WA 98258
$371/sq ft0.1 mi awaysmaller lot74 years newer
$765,000Last sold price
3 beds1.5 baths1,894 sq ft
12204 30th Street Ne, Lake Stevens, WA 98258
$404/sq ft0.6 mi awaysmaller lot72 years newer
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.
RexMont OfferEdge™
How much should you offer?
12105 20th St Ne, Lake Stevens, WA 98258
List price
$820,000
Down payment
$164,000
Consult a RexMont agent — Contact me now
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Property details
Interior features
- Dbl Pane/Storm Window
- Dining Room
- Fireplace
- French Doors
- Fireplace (wood burning)
- None basement
Kitchen
- Dishwasher
- Dryer
- Refrigerator
- Stove(s)/Range(s)
- Washer
Bedrooms
- 3 bedrooms total
Bathrooms
- 3 full bathrooms
Flooring
- Ceramic Tile
- Vinyl
Heating & cooling
- Baseboard heating
- Radiant heating
- None cooling
Neighborhood mobility
Walk, bike & transit scores
Down payment assistance
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
Mortgage payment forecast
$4,760 per month
Great ratePrincipal and interest
Property taxes
HOA dues
Home insurance
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of June 4, 2026 at 08:42pm (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.
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