$1,500,000
Est. $8,129/mo14004 Chain Lake Rd, Monroe, WA 98272
• Listed Nov 4, 2026•3 days active · 3 cumulative
Listing Broker: Waterstone Properties; Maria Ordaz; 425-931-4074; mariaordazrealestate@gmail.com
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Listing Broker: Waterstone Properties; Maria Ordaz; 425-931-4074; mariaordazrealestate@gmail.com
About this home
PRIME DEVELOPMENT OPPORTUNITY – 1.07 ACRES ON CHAIN LAKE RD! Investor & Builder's Dream! Exceptional opportunity in the growing Monroe corridor, surrounded by new residential development. Zoned R-7 (Residential –7 units per acre), offering potential for single-family and middle-housing development, subject to city's approval. VALUE IS IN THE LAND! Previous home demolished. Existing 2 BE Septic, city water, and electricity on-site, with potential access to public sewer in the street. Ideal for builders, developers, and investors looking to capitalize on a desirable and expanding residential market. Buyer to verify zoning, density, utilities, subdivision potential, and development feasibility with appropriate jurisdictions. DON'T MISS THIS RARE INVESTMENT OPPORTUNITY!
Listed by Maria Ordaz • Waterstone Properties
Listing updated: November 4, 2026 at 02:41pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2595144
Around this home
How much should you offer?
14004 Chain Lake Rd, Monroe, WA 98272
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
Layout
- Res-Over 1 Acre
Schools
Ratings via SchoolDiggerMonroe School District
- Chain Lake Elementary SchoolPublic · Grades PK-5 · State rank 282 of 1,1388/10
- Park Place Middle ScPublic · Grades Middle—
- Monroe High SchoolPublic · Grades 9-12 · State rank 113 of 3968/10
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.
Vacant land facts
As entered by the listing broker on Northwest MLS
Lot
- Acres
- 1.07 acres
- Lot square feet
- 46,609 sq ft
- Lot details
- Corner Lot
Zoning & use
- Zoning code
- R7
- Zoning description
- See Remarks
- Zoning jurisdiction
- City
- Possible use
- See Remarks
Utilities
- Utilities
- Electricity Connected, Septic Design Applied, Septic Design Installed
- Electricity
- On Property
- Gas
- Not Available
- Water
- Available
- Water jurisdiction
- City Water
- Sewer
- In Street
- Septic design applied
- Yes
- Septic installed
- Yes
Road & access
- Road surface
- See Remarks
- Road responsibility
- See Remarks
- Road information
- See Remarks
Surveys & reports
- Sketch submitted
- Yes
- Reports and documents completed
- Septic "As Built"
Water & irrigation
- Waterfront
- No
- Irrigation water rights
- No
Taxes & assessment
- Senior exemption
- No
- Financing
- Cash, Conventional
- Seller disclosure
- Provided
- Preliminary title ordered
- Yes
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 14004 Chain Lake Rd
NWMLS via MLS Grid · Snohomish County AssessorEvery 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.
- Nov 4, 2026ListedNWMLS via MLS Grid · #2595144$1,500,000
- Oct 13, 2011SoldNWMLS via MLS Grid · #240688$75,000
- Sep 26, 2011PendingNWMLS via MLS Grid · #240688$79,900
- Sep 26, 2011Price reducedNWMLS via MLS Grid · #240688$79,900
- Jun 23, 2011ListedNWMLS via MLS Grid · #240688$97,522
- Sep 18, 2006SoldNWMLS via MLS Grid · #26066395$290,000
Mortgage payment forecast
$9,629 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: 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%.
Ask about this home
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Listing Broker: Waterstone Properties; Maria Ordaz; 425-931-4074; mariaordazrealestate@gmail.com
Market pulse
Monroe is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 82 days.
Recent sales nearby
Within 1 mile · last 6 months$799,000 Sold
1 week ago
5 bd•2.5 ba•~3,312 sq ft•Single Family
13788 195th Drive SE, Monroe, WA 98272
0%
Over list
66
Days on market
0.2 mi
Distance
$830,000 Sold
2 weeks ago
5 bd•3.25 ba•~3,636 sq ft•Single Family
20504 Horizon Way SE, Monroe, WA 98272
1%
Over list
97
Days on market
0.5 mi
Distance
$475,000 Sold
5 weeks ago
2 bd•1 ba•~660 sq ft•Single Family
641 North Street, Monroe, WA 98272
0%
Over list
49
Days on market
1.0 mi
Distance
$795,000 Sold
7 weeks ago
4 bd•3.25 ba•~2,468 sq ft•Single Family
20540 Horizon Way SE, Monroe, WA 98272
0%
Over list
26
Days on market
0.5 mi
Distance
$835,000 Sold
7 weeks ago
4 bd•2.5 ba•~2,535 sq ft•Single Family
19307 135th Street SE, Monroe, WA 98272
0%
Over list
198
Days on market
0.4 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 · Updated Nov 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of November 7, 2026 at 7:07 AM PT (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.
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© 2026 Northwest Multiple Listing Service. All rights reserved.
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