$1,399,950
Est. $7,027/mo3 bd•1.5 ba•1,692 sq ft
2711 148th Street Sw, Lynnwood, WA 98087
• Listed 2026-07-08•New today
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Based on information submitted to the MLS GRID as of July 8, 2026 at 03:59pm (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.
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DEVELOPMENT OPPORTUNITY! This 1.12-acre parcel is zoned MR (Multiple Residential), offering strong investment potential for apartments, townhomes, multifamily housing, or DADUs. Sewer, water, and power are available in the street, and the property has direct access to 148th St SW with public transit nearby. Buyers should verify zoning, utility availability, and development potential with the county. In the meantime, the home offers comfortable living or rental income while future plans take shape. The 1,692-square-foot tri-level features 3 bedrooms and 2.5 bathrooms, a bright living room with vaulted ceilings and a bay window, and a kitchen with hardwood flooring, a breakfast bar, and adjacent dining. The family room includes a wood-burning stove and sliding glass doors to the backyard, and the primary suite has its own en-suite bath. Whether you’re an investor, builder, or homeowner planning for the future, this property offers real value today and meaningful upside ahead.
Listed by Sam Burke • John L. Scott Snohomish
Listing updated: July 8, 2026 at 03:59pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2539159
$668,000
-$731,950 under list price
Nearby comparable homes
RexMont uses 2 strongest recent nearby sales, priced between $730K and $790K.
Rental earnings
$2,000/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$730,000Last sold price
15008 12th Place W, Lynnwood, WA 98087

$790,000Last sold price
626 164th (homesite 46) Street Sw #a1, 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.
2711 148th Street Sw, Lynnwood, WA 98087
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.
Neighborhood mobility
$7,938 per month
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School information is unavailable for this listing. School boundaries can change, so verify the 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: Days-on-market data not available for this area.
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Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jul 2026