Share This Listing

Message

943 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Two High Density Residential parcels totaling approximately 3.3 acres, supporting phased or standalone development options.
  • Larger parcel provides interim income with existing structures and opportunity for additional leasing during planning.
  • HDR zoning accommodates various residential uses and configurations, subject to city approvals.
  • Convenient access to Highway 2 and established Sultan community infrastructure, including schools and recreation areas.
  • Utilities accessible in the immediate area, enhancing feasibility for infrastructure connection and efficient site planning.
  • Close-in location offers balance of suburban living with connectivity to regional employment hubs.

Executive Summary

Exceptional opportunity to acquire two High Density Residential (HDR) parcels totaling approximately 3.3 acres in Sultan, Washington. These properties offer flexible options for developers seeking phased residential development or individual acquisition of each parcel. Situated in an established neighborhood minutes from downtown Sultan and providing immediate access to Highway 2, the location delivers both convenience and connectivity to regional employment centers and surrounding communities.
The front parcel at 515 High Avenue is approximately 0.69 acres and features buildable area with utility services available, supporting efficient infrastructure connection and site planning. The larger parcel, located at 717 High Avenue, spans approximately 2.61 acres and includes an existing single-family home and accessory structure, currently generating interim rental income with additional leasing potential during entitlement and planning stages. HDR zoning allows a range of residential configurations, including single-family and higher-density options, subject to city requirements.
With proximity to schools, parks, and community amenities, these parcels provide a compelling development setting in a growing submarket. Buyers are encouraged to perform due diligence regarding site design, zoning compliance, and entitlements. Both parcels can be sold together for a multi-phase project or separately, offering unique adaptability for investor or builder strategies.

Attachments

515 & 717 Flyer

Property Facts

Price $2,195,000
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 2
Total Land Area 3.30 AC

Properties

Property Name / Address Property Type Size Individual Price
HDR Development Opp with Existing Income
717 High Ave, Sultan, WA 98294
Land 2.61 AC $1,600,000
HDR Development Opportunity
515 High Ave, Sultan, WA 98294
Land 0.69 AC $595,000
Show More > < Show Less
  • Listing ID: 40393241

  • Date on Market: 5/4/2026

  • Last Updated:

  • Address: 515 & 717 High Ave Sultan, WA 98294, Sultan, WA

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}