$875,000
Est. $4,522/mo3 bd•3.5 ba•1,791 sq ft
2821 Grade Road, Lake Stevens, WA 98258
• Listed 2026-09-08•New today
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Rare Lake Stevens development & investment opportunity! An existing home with substantial unfinished space and multiple potential development paths makes this property especially compelling. The 2004-built home features a new roof installed in 2024, an open main living area, primary and guest bedrooms on the main level, and an additional bedroom and bath downstairs. More value potential available in easy home updates. Approximately 1,200 sq ft of unfinished daylight basement provides an opportunity to expand the home's finished living space and/or potentially create ADU space. The property also offers potential for additional development, including a single-family residence, detached ADU or duplex. A large waterproof deck provides covered outdoor space below, and a separate sun/potting room adds even more versatility. Tucked away beside Catherine Creek with mature vegetation and exceptional privacy, this property offers a unique combination of an existing residence, expansion potential and future development possibilities.
Listed by Kent Bergsagel • Nexthome NW Experts
Listing updated: September 9, 2026 at 08:24am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2578247
2821 Grade Road, Lake Stevens, WA 98258
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
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.
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$660,000 Sold
3 months ago
4 bd•2.25 ba•~1,900 sq ft•Single Family
11608 34th Street Ne, Lake Stevens, WA 98258
2%
Over list
—
Days on market
0.6 mi
Distance
$400,000 Sold
4 months ago
•Single Family
12203 N Lakeshore Drive, Lake Stevens, WA 98258
20%
Under list
—
Days on market
0.6 mi
Distance
$785,000 Sold
5 months ago
5 bd•2.75 ba•~2,506 sq ft•Single Family
12611 37th Place Ne, Lake Stevens, WA 98258
2%
Under list
—
Days on market
0.5 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of September 9, 2026 at 08:24am (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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$858,000
-$17,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $601K and $788K.
Rental earnings
$2,575/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$787,500Last sold price
12829 27th Place Ne, Lake Stevens, WA 98258

$601,000Last sold price
3302 Baker Vista Lane, Lake Stevens, WA 98258
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.
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