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← Back to search results/Lynnwood, WA/3123 148th Street SW #D4
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Listed by Diane Bushnell • Coldwell Banker Bain.
FOR SALE

$605,000

Est. $3,351/mo

Price reduced $45,000 from the original $650,000 asking price

2 bd•2.25 ba•1,530 sq ft

3123 148th Street SW #D4, Lynnwood, WA 98087

• Listed Sep 28, 2026•10 days active · 10 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: Coldwell Banker Bain; Diane Bushnell; 206-778-5499; Diane@Bushnellhomes.com

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Listing Broker: Coldwell Banker Bain; Diane Bushnell; 206-778-5499; Diane@Bushnellhomes.com

About this home

Better than builder-basic! Get an early look at this beautifully upgraded 2023 Grayhawk townhome offering approx. 1,530 SF, 2 spacious bedrooms—each with its own private ensuite bath—plus a versatile lower-level bonus/flex space ideal for an office, media room, fitness space or guest use. Thoughtful upgrades set this home apart, including higher-grade LVP flooring, upgraded lighting throughout, matte-black hardware and custom architectural/accent walls. The living room is anchored by a redesigned fireplace with decorative tile and a striking custom focal wall. The kitchen goes beyond builder finishes with quartz counters, soft-close cabinetry, designer tile backsplash, upgraded pendant lighting and faucet. Upstairs, vaulted ceilings, private ensuite baths and custom closet systems create two comfortable retreats. Even the garage shines with freshly painted walls, cement-gray finished floors, EV charging and custom under-stair storage. Enjoy an enhanced private fenced outdoor space, mini-split heating & A/C, attached garage + driveway parking. Newer construction with the upgrades already done—get an early look at a home designed to stand apart!

Property type
Townhouse
Year built
2023
Interior
1,530 sq ft
Lot size
0.0329 acres
Parking
1-car garage
Price / sq ft
$395
Heating90%+ High Efficiency, Heat Pump, Wall Furnace
Cooling90%+ High Efficiency, Heat Pump
Property taxes$4,862/yr (est.)
HOA dues$198/mo
School districtMukilteo

Listed by Diane Bushnell • Coldwell Banker Bain

Listing updated: October 5, 2026 at 01:38pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2578257

Around this home

RexMont OfferEdge™

How much should you offer?

3123 148th Street SW #D4, Lynnwood, WA 98087

List price
$605,000
Down payment
$121,000

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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

Interior features

  • Ceiling Fan(s)
  • Dbl Pane/Storm Window
  • Fireplace
  • Vaulted Ceiling(s)
  • Walk-In Closet(s)
  • Water Heater
  • Fireplace (electric)

Kitchen

  • Dishwasher
  • Disposal
  • Microwave
  • Stove(s)/Range(s)

Bedrooms

  • 2 bedrooms total
  • 2 upstairs

Bathrooms

  • 1 full bathroom
  • 1 three-quarter bathroom (shower, no tub)
  • 1 half bathroom
  • 2.25 bathrooms total (NWMLS count)
  • 1 on the main level

Layout

  • Townhouse
  • 1,530 sq ft finished
  • 284 sq ft garage

Flooring

  • Ceramic Tile
  • Vinyl Plank

Heating & cooling

  • 90%+ High Efficiency heating
  • Heat Pump heating
  • Wall Furnace heating
  • 90%+ High Efficiency cooling
  • Heat Pump cooling

Townhome facts

As entered by the listing broker on Northwest MLS

Lot & site

Topography
Level
Vegetation
Garden Space

Systems

Energy source
Electric
Power production
Electric
Water heater
Energy hybrid water heater
Water heater location
Garage
Power company
PUD
Water company
PUD
Sewer company
PUD
Garbage service
Waste Management
Irrigation water rights
No

Rooms & extras

Fireplaces on main
1

New construction

Square footage source
public records
Lot size source
public records

Manufactured home

Land lease
No

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

Mukilteo 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.

Sales & Tax Records for 3123 148th Street SW #D4

NWMLS via MLS Grid

Every listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.

  1. Oct 5, 2026
    Price reduced
    NWMLS via MLS Grid · #2578257
    $605,000
    $395/sq ft
  2. Sep 10, 2026
    Listed
    NWMLS via MLS Grid · #2578257
    $650,000
    $425/sq ft
  3. Aug 17, 2023
    Sold
    NWMLS via MLS Grid · #2073058
    $609,990
    $399/sq ft
  4. Jun 21, 2023
    Sold
    NWMLS via MLS Grid · #2073236
    $609,990
    $399/sq ft
  5. Jun 21, 2023
    Sold
    NWMLS via MLS Grid · #2072964
    $769,000
    $503/sq ft
  6. Jun 21, 2023
    Sold
    NWMLS via MLS Grid · #2073241
    $784,000
    $512/sq ft

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.

Northwest MLS lists this home as eligible for down payment assistance programs

Check eligibility

Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.

Mortgage payment forecast

$4,105 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

Takes about 5 minutes & won't affect your credit

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Plan your offer with a RexMont buyer specialistWalk through escalation strategy, contingencies, and competing-offer risk in this neighborhoodCompare loan options30-yr fixed, 15-yr, FHA, VA, jumbo

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: Coldwell Banker Bain; Diane Bushnell; 206-778-5499; Diane@Bushnellhomes.com

Market pulse

Lynnwood is a seller's market.

Inventory is low and competition is high. Sellers have more negotiating power.

Buyer's marketSeller's market

  • 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 42 days.

Want a deeper read on this market?

Ask a RexMont agent

Market data from MLS GRID / NWMLS · Updated Oct 2026

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of October 5, 2026 at 01:38pm (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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