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Listed by Alan C. Sit • Sound Asset Partners LLC.
FOR SALE

$975,000

Est. $5,205/mo

14213 Admiralty Way, Lynnwood, WA 98087

• Listed Sep 12, 2026•14 days active · 14 cumulative

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Listing Broker: Sound Asset Partners LLC; Alan C. Sit; 425-281-6016; alansit@soundassetpartners.com

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Listing Broker: Sound Asset Partners LLC; Alan C. Sit; 425-281-6016; alansit@soundassetpartners.com

About this home

Rare opportunity to own a Turnkey, beautifully remodeled side-by-side townhouse style duplex style on a spacious .49-acre R-7,200 zoned lot in a convenient Lynnwood location. Both units offer updated interiors with modern kitchens, white cabinetry, quartz countertops, stainless steel appliances, updated bathrooms, flooring and lighting. Spacious living areas, fireplaces and thoughtful updates create a turnkey opportunity for an investor or owner-occupant looking to live in one unit while generating income from the other. Bright, open living spaces are complemented by large windows, recessed lighting and contemporary finishes throughout. Updated kitchens feature generous counter space and functional layouts ideal for everyday living and entertaining. Separate living spaces provide privacy between units, making the property well suited for multigenerational living, rental income or an owner-occupied investment. Enjoy the flexibility of a substantial lot with room for outdoor living, gardening and additional possibilities. Each unit is fully fenced in. Pending updated photos. Large, private R-7,200 lot offers intriguing future development potential. Add ADUs? Add more units? Subdivided? Convenient access to shopping, dining, transit and major commuter routes. A unique combination of move-in-ready condition, rental income potential and long-term land value. Buyer to verify development possibilities with Snohomish County.

Property type
Townhouse
Year built
1980
Interior
Not listed
Lot size
0.49 acres
Parking
RV Parking
Price / sq ft
Not listed
HeatingBaseboard, Ductless
CoolingDuctless
Property taxes$6,886/yr (est.)
School districtMukilteo

Listed by Alan C. Sit • Sound Asset Partners LLC

Listing updated: September 24, 2026 at 06:15pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2581341

Open houses

No upcoming open houses scheduled for this property.

Around this home

RexMont OfferEdge™

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14213 Admiralty Way, Lynnwood, WA 98087

List price
$975,000
Down payment
$195,000

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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

Flooring

  • Ceramic Tile
  • Laminate

Heating & cooling

  • Baseboard heating
  • Ductless heating
  • Ductless cooling

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.

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.

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

$6,023 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: Sound Asset Partners LLC; Alan C. Sit; 425-281-6016; alansit@soundassetpartners.com

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Market pulse

Lynnwood is a balanced market.

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

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 46 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 24, 2026 at 06:15pm (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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