Active · Residential

2711 148th Street SW, Lynnwood, WA 98087

Lynnwood, WA 98087

$1,399,950

3 bedrooms · 3 bathrooms · 1,692 sq ft

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Listing provided by John L. Scott Snohomish · MLS #2539159 · Active

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About this property

DEVELOPMENT OPPORTUNITY! This 1.12-acre parcel is zoned MR (Multiple Residential), offering strong investment potential for apartments, townhomes, multifamily housing, or DADUs. Sewer, water, and power are available in the street, and the property has direct access to 148th St SW with public transit nearby. Buyers should verify zoning, utility availability, and development potential with the county. In the meantime, the home offers comfortable living or rental income while future plans take shape. The 1,692-square-foot tri-level features 3 bedrooms and 2.5 bathrooms, a bright living room with vaulted ceilings and a bay window, and a kitchen with hardwood flooring, a breakfast bar, and adjacent dining. The family room includes a wood-burning stove and sliding glass doors to the backyard, and the primary suite has its own en-suite bath. Whether you’re an investor, builder, or homeowner planning for the future, this property offers real value today and meaningful upside ahead.

Property details

Property type: Single Family Residence
Year built: 1990
Lot size: 48,787 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $6,736 (2026)
Parking spaces: 2
School district: Mukilteo

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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