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825 99th Ave SE - 8.38 Acres Residential Development Land 8.38 Acres of Residential Land Offered at $1,050,000 in Lake Stevens, WA 98258
Investment Highlights
- 8.38 acres ready for development
- Competitive market where new homes sell quickly
- Zoned R-8-12 allowing flexibility for various residential uses
- Excellent opportunity for builders, developers, or investors
Executive Summary
8.38 Acres Residential Development Land
Lake Stevens, WA
Zoning: R-8-12 (Medium-Density Residential)
Property Overview:
This prime 8.38-acre site offers an outstanding residential development opportunity in the thriving Lake Stevens market. Zoned R-8-12, the property is ideal for townhomes, small-lot single-family homes, or other medium-density housing projects. Located in one of Snohomish County's most in-demand communities, this site is perfectly positioned for developers seeking to deliver new homes to a market where supply is tight, and demand is high.
Location Highlights:
• Strong residential demand and rapid population growth
• Family-friendly community with excellent schools and local amenities
• Easy access to Highway 9 and Highway 2 for commuting to Everett, Marysville, and the greater Seattle area
• Proximity to shopping, dining, parks, and the beautiful Lake Stevens waterfront
Investment Highlights:
• 8.38 acres ready for development
• Zoned R-8-12 allowing flexibility for various residential uses
• Competitive market where new homes sell quickly
• Excellent opportunity for builders, developers, or investors
Property Facts
1 Lot Available
Lot
| Price | $1,050,000 | Lot Size | 8.38 AC |
| Price Per AC | $125,298.33 |
| Price | $1,050,000 |
| Price Per AC | $125,298.33 |
| Lot Size | 8.38 AC |
8.38 Acres approx 40% yield.
Description
8.38 Acres Residential Development Land Lake Stevens, WA Zoning: R-8-12 (Medium-Density Residential) Property Overview: Prime 8.38-acre residential development site in the highly desirable Lake Stevens submarket. Zoned R8–12, the property supports a range of medium-density housing products including townhomes, duplexes, 3 plexs, 4 plexs, cottage homes, and single-family development. Positioned in a supply-constrained market with strong population growth, this site offers developers an opportunity to deliver needed housing. Location Highlights: • Strong residential demand and rapid population growth • Family-friendly community with excellent schools and local amenities • Easy access to Highway 9 and Highway 2 for commuting to Everett, Marysville, and the greater Seattle area • Proximity to shopping, dining, parks, and the beautiful Lake Stevens waterfront
Property Taxes
| Parcel Number | 004934-016-001-00 | Improvements Assessment | $0 |
| Land Assessment | $791,800 | Total Assessment | $791,800 |
Property Taxes
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825 99th Ave SE - 8.38 Acres Residential Development Land
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