$820,000
Est. $4,116/mo3 bd•3 ba•2,184 sq ft
12105 20th St Ne, Lake Stevens, WA 98258
• Listed 2026-04-30•34 days on market
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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.
Listed by Liam Isiah Sialer • HomeSmart One Realty
Listing updated: June 4, 2026 at 08:42pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2511444
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12105 20th St Ne, Lake Stevens, WA 98258
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Lake Stevens is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
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 12 days.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jul 2026
Lake Stevens 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.