Explore the possibilites on this 3.92 acre property in the sought after Chain Lake area, just minutes from Monroe. This rare offering delivers scale, flexibility, and long term upside for builders, investors, or buyer seeking a custom estate setting. The land features cleared areas ready for your dream home, and multiple paths for development. A 480 sq ft 1 br 1 ba home is already in place and can be used for interim living, rental income, or project support while planning and construction move forward. Options include a primary residences with a second home or DADU, multi generational living, or a phased build strategy. Set in a quiet rural-residential environment with mature trees and open space, the property offers privacy and a peaceful setting without sacrificing convenience. Enjoy easy access to Chain Lake for non-motorized recreation, nearby parks and trails, and quick connections to downtown Monroe, shopping, dining, schools, and the Evergreen State Fairgrounds. A unique opportunity to secure usable acreage with build options in a prime Snohomish County location.
Pending
Listed by: COMPASS
Price increase: $350K (5/9)
$550,000
12514 Chain Lake Road, Snohomish, WA 98290
1beds
480sqft
Single Family Residence
Built in 1989
3.92 Acres Lot
$849,600 Zestimate®
$1,146/sqft
$-- HOA
What's special
- 108 days |
- 43 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Ben Kaufman,
COMPASS,
Nicole Allen,
COMPASS
Source: NWMLS as distributed by MLS GRID,MLS#: 2488706
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Bedroom
- Level: Main
Bathroom full
- Level: Main
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Wall Furnace, Electric
Cooling
- Wall Unit(s)
Appliances
- Included: Dryer, Microwave, Refrigerator, See Remarks, Stove(s)/Range(s), Washer, Dryer(s), Microwave(s), Refrigerator(s), Washer(s)
Features
- Flooring: Laminate, Carpet
- Doors: French Doors
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 480
- Total interior livable area: 480 sqft
Property
Parking
- Parking features: Driveway, Off Street, RV Parking
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: French Doors, Wet Bar, Wine/Beverage Refrigerator
- Has view: Yes
- View description: Mountain(s), Pond, Territorial
- Has water view: Yes
- Water view: Pond
Lot
- Size: 3.92 Acres
- Features: Open Lot, Paved, Value In Land, Cabana/Gazebo, Cable TV, Deck, High Speed Internet, Outbuildings, Outdoor Fireplace, Patio, RV Parking
- Topography: Rolling
- Residential vegetation: Fruit Trees, Garden Space, Wooded
Details
- Parcel number: 28062500401800
- Zoning: R5
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Block
- Roof: Composition
Condition
- Year built: 1989
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Features: Boat Launch, Park, Playground, Trail(s)
- Subdivision: Monroe
Location
- Region: Snohomish
Financial & listing details
- Price per square foot: $1,146/sqft
- Tax assessed value: $560,700
- Annual tax amount: $4,658
- Date on market: 3/18/2026
- Cumulative days on market: 97 days
- Listing terms: Conventional,Rehab Loan
- Inclusions: Dryer(s), Microwave(s), Refrigerator(s), See Remarks, Stove(s)/Range(s), Washer(s)
- Road surface type: Dirt
Estimated market value
$849,600
$799,000 - $901,000
$1,737/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/9/2026 | Pending sale | $900,000+63.6%$1,875/sqft |
Source:  NWMLS as distributed by MLS GRID #2476293 Report a problem | ||
| 4/21/2026 | Price change | $550,000-38.9%$1,146/sqft |
Source: NWMLS as distributed by MLS GRID #2488706 Report a problem | ||
| 4/21/2026 | Price change | $900,000+51.3%$1,875/sqft |
Source: NWMLS as distributed by MLS GRID #2476293 Report a problem | ||
| 3/30/2026 | Price change | $595,000-39.9%$1,240/sqft |
Source: NWMLS as distributed by MLS GRID #2488706 Report a problem | ||
| 3/30/2026 | Price change | $990,000+58.4%$2,063/sqft |
Source: NWMLS as distributed by MLS GRID #2476293 Report a problem | ||
| 3/6/2026 | Price change | $625,000-40.5%$1,302/sqft |
Source: NWMLS as distributed by MLS GRID #2488706 Report a problem | ||
| 2/4/2026 | Listed for sale | $1,050,000$2,188/sqft |
Source: NWMLS as distributed by MLS GRID #2476293 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,658 +6.9% | $560,700 +7.4% |
| 2023 | $4,356 -1.9% | $521,900 -10.5% |
| 2022 | $4,441 +12% | $583,200 +42.2% |
| 2021 | $3,966 +11.1% | $410,200 +13.2% |
| 2020 | $3,572 -2.4% | $362,400 -0.7% |
| 2019 | $3,660 -25.3% | $364,900 +20% |
| 2018 | $4,898 +53.6% | $304,100 +41.6% |
| 2017 | $3,189 +36.2% | $214,700 +18.6% |
| 2016 | $2,341 | $181,100 +10.6% |
| 2015 | $2,341 +9.9% | $163,800 +20.8% |
| 2013 | $2,130 | $135,600 |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2002 | -- | -- |
| 2001 | $1,804 | $122,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
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Climate risks
Neighborhood: 98290
Nearby schools
GreatSchools rating
- 6/10Chain Lake Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 6/10Park Place Middle SchoolGrades: 6-8Distance: 2.5 mi
- 6/10Monroe High SchoolGrades: 9-12Distance: 3.2 mi
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A local lender can help you make sure your offer is ready when you are.
- Washington
- Snohomish County
- Snohomish
- 98290
- 12514 Chain Lake Road
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