Builder/Developer Opportunity in Growing Skagit County!! Zoned R-1 the potential for multiple housing units under the new Washington Housing Reform offers opportunities for higher-density residential projects. This makes the property an attractive investment for builders, developers, and investors seeking to meet growing housing demand in Skagit County. High-density 51,000+ sqft residential development infill site in the City of Mount Vernon has utilities available at the street and is conveniently located on street frontage, close to schools, shopping, and transportation corridors. This property offers significant potential for fee simple townhomes, cottage housing, missing-middle housing, stacked flats, or other residential development concepts that could yield 24-32 units, or more depending on the project. Buyers should verify development potential with the city. Recent Washington housing legislation may create opportunities for higher-density residential development than previously permitted. Data projections estimate 7,500+ new units are required county wide over the next five years to stabilize the housing market and address the housing supply gap. Secure your potential earnings NOW before this opportunity is gone!
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Zillow last checked:
Listing updated:
Listed by:
Liz Mauricio,
John L. Scott Skagit
Source: NWMLS as distributed by MLS GRID,MLS#: 2532981
Facts & features
Interior
Features
Has fireplace: No
Interior area
Total structure area: 0
Property
Features
Has view: Yes
View description: Mountain(s)
Lot
Size: 1.18 Acres
Features: Curbs, Paved, Sidewalk, Corners Flagged
Topography: Level
Details
Parcel number: P28091
Zoning: R-1,5.0
Zoning description: Residential,Jurisdiction: City
Special conditions: Standard
Utilities & green energy
Electric: In Street
Gas: In Street
Sewer: In Street
Water: In Street, Jurisdiction: Skagit PUD
Utilities for property: Electricity Available, Natural Gas Available
Community & HOA
Community
Subdivision: Mount Vernon
Location
Region: Mount Vernon
Financial & listing details
Annual tax amount: $1,993
Date on market: 6/2/2026
Cumulative days on market: 49 days
Road surface type: Paved
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
6/3/2026
Listed for sale
$750,000
Source: NWMLS as distributed by MLS GRID #2532981Report a problem
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.