About this home

Prime Development Opportunity in Snohomish County! This well-positioned property offers outstanding potential for residential development, with zoning and neighboring properties suggesting the site may support up to 5 townhome lots (buyer to verify). the parcel sits near to an existing townhome community with units selling for over one million dollars, reinforcing the area's proven demand and neighborhood compatibility. Just minutes from Silver Lake, this location combines convenience and lifestyle appeal. Residents will enjoy easy access to Alderwood Mall, Everett Mall, schools, parks, and public transportation, along with nearby shopping, dinning, and commuter routes. The surrounding area continues to experience strong growth, making this an excellent opportunity for builders, developers, or investors seeking their next project in a high demand market. The adjoining property to the east, owned by a separate seller and listed separately, offers addiotnal land that, in combination with this parcel, may present expanded development possibilities (buyer to verify). Seller also owns a separate adjacent parcel to the west and may be open to discussing certain arrangements in connection with a sale of this property, though no representations are made and any such discussions would be entirely at Sellers discretion and subject to separate negotiation. Access and utilities are to be confirmed and secured by Buyer through arrangement with adjacent parcel owners.

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Property details

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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.

• Beverly Elementary

  Public · Grades K-6 · 5.8 mi · State rank 773 of 1,138
  4/10
• Alderwood Middle School

  Public · Grades 7-8 · 4.1 mi · State rank 236 of 514
  6/10
• ACES High School

  Public · Grades 9-12 · 2.7 mi · State rank 311 of 396
  2/10

Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.

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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Market pulse

Everett is a balanced market.

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

• 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 54 days.

Market data from MLS GRID / NWMLS · Updated Sep 2026