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2908 122nd SW st - Enclave 2 0.5 Acres of Residential Land Offered at $1,700,000 in Everett, WA 98204
Investment Highlights
- Within 2 miles of the Everett Boeing Facility
- These new homes will overlook all of those around them.
- A very good neighborhood.
Executive Summary
Court Ordered Sale! Builder/Investor alert! Five fully serviced residential lots in a great South Everett location just minutes from Boeing. Two lots include partially constructed ICF (Insulated Concrete Forms) homes—continue the energy-efficient build or re-permit for traditional framing. All utilities in place: sewer, water, power, fiber-optic, and storm. Owner has invested over $1M in entitlements. Zoning is LDMR (SFDU), ideal for low-density single-family development. Property is in Receivership (Case 25-2-05993-31) and all offers are subject to court approval.
Property Facts
| Price | $1,700,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Single Family Residence |
| Sale Condition | Build to Suit | Total Lot Size | 0.50 AC |
| No. Lots | 1 | Cross Streets | 29th Place W |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | LDMR (SFDU) - Low-Density Multi-Residential (Single-Family Dwelling Unit) is legally a condo, but physically a single family detached home. | ||
| Price | $1,700,000 |
| Sale Type | Investment |
| Sale Condition | Build to Suit |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Residence |
| Total Lot Size | 0.50 AC |
| Cross Streets | 29th Place W |
| Opportunity Zone |
Yes |
| Zoning | LDMR (SFDU) - Low-Density Multi-Residential (Single-Family Dwelling Unit) is legally a condo, but physically a single family detached home. |
1 Lot Available
Lot
| Price | $1,700,000 | Lot Size | 0.50 AC |
| Price Per AC | $3,400,000.00 |
| Price | $1,700,000 |
| Price Per AC | $3,400,000.00 |
| Lot Size | 0.50 AC |
Description
A five house development ("Enclave 2") with all amenities in place. A condo regimen is in place with CC&Rs and Condo Plat. Seller retains control of the condo association until sale of homes to buyers of completed homes. Lots 2 though 5 are for sale. No charges will be made by the condo association until completion and sale of each home, at which time a proportionate share (20%) will be ceded to the buyer of each completed home, and fees will commence.
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Fairly walkable
50/100
Very drivable
80/100
Limited public transit
20/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 005380-000-092-02 | Improvements Assessment | $119,800 |
| Land Assessment | $513,000 | Total Assessment | $632,800 |
Property Taxes
Parcel Number
005380-000-092-02
Land Assessment
$513,000
Improvements Assessment
$119,800
Total Assessment
$632,800
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2908 122nd SW st - Enclave 2