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Listed by Duane Petzoldt • Windermere Real Estate/M2, LLC.
FOR SALE

$1,900,000

Est. $10,143/mo

Price reduced $1,600,000 from the original $3,500,000 asking price

13420 12th Street Ne, Lake Stevens, WA 98258

• Listed May 16, 2026•134 days active · 134 cumulative

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Listing Broker: Windermere Real Estate/M2, LLC; Duane Petzoldt; 425-239-1780; duane@hudsonreg.com

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Listing Broker: Windermere Real Estate/M2, LLC; Duane Petzoldt; 425-239-1780; duane@hudsonreg.com

About this home

MOTIVATED! 33± acres of rolling terrain. Open meadows. Stands of mature evergreens. Elevated ground captures sweeping views of the Cascades and Mount Baker. True natural canvas for something exceptional. Set along the edge of Lake Stevens, property invites vision. Picture view lots across the upper ridgelines, with a luxury-leaning neighborhood. Thoughtfully designed community with trails, green belts, a connection to the Centennial Trail at the east entrance. Quiet. Scenic. Desirable. This is the place that future homeowners seek out—and builders can proudly deliver. Positioned for flexibility. Over 1,500 feet adjoining city R6 zoning to the north and 450 feet against R4 on the west along 131st Ave NE. Currently zoned Snohomish County R-5. Develop now as a rural cluster or plan for an annexation and increased density. Multiple paths. Wetlands and survey complete. Access is established from Machias Rd across Catherine Creek or connect to city roads on the west. City services possible along the adjoining city boundaries, bringing infrastructure within reach as growth expands. Land packagers, developers, or builders - this site works on paper and in the field. Create and capture value at scale. Flexibility with extensive rental income options on site with multiple structures, 2 units, & pasture. Opportunities like this don’t sit. They move. This site can become your next successful project. Call for your private tour.

Property type
Single Family
Year built
Not listed
Interior
Not listed
Lot size
32.6104 acres
Parking
Garage
Price / sq ft
Not listed
Property taxes$14,282/yr (est.)
School districtLake Stevens

Listed by Duane Petzoldt • Windermere Real Estate/M2, LLC

Listing updated: September 23, 2026 at 11:39am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2525229

Open houses

No upcoming open houses scheduled for this property.

Around this home

RexMont OfferEdge™

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13420 12th Street Ne, Lake Stevens, WA 98258

List price
$1,900,000
Down payment
$380,000

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Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.

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

Neighborhood mobility

Walk, bike & transit scores

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.

Schools

Ratings via SchoolDigger

Lake Stevens School District

  • Buyer To Verify
    Public · Grades Elementary
    —
  • Buyer To Verify
    Public · Grades Middle
    —
  • Buyer To Verify
    Public · Grades High
    —

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.

Mortgage payment forecast

$11,808 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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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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Listing Broker: Windermere Real Estate/M2, LLC; Duane Petzoldt; 425-239-1780; duane@hudsonreg.com

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Market pulse

Lake Stevens is a balanced market.

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

Buyer's marketSeller's market
  • Offer insight: Homes typically sell with one offer near asking price.

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

  • Time on market: The average home goes pending in around 72 days.

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Market data from MLS GRID / NWMLS · Updated Sep 2026

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of September 23, 2026 at 11:39am (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.

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