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.
Active
Listed by: John L. Scott Snohomish • Sam Burke
$1,399,950
2711 148th Street SW, Lynnwood, WA 98087
3beds
1,692sqft
:
Get pre-qualified$8,262/mo
Single Family Residence
Built in 1990
1.12 Acres Lot
$1,320,800 Zestimate®
$827/sqft
$-- HOA
What's special
- 15 days |
- 157 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Sam Burke,
John L. Scott Snohomish
Source: NWMLS as distributed by MLS GRID,MLS#: 2539159
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Second
Bathroom full
- Level: Second
Bathroom three quarter
- Level: Lower
Other
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Family room
- Level: Lower
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Lower
Heating
- Fireplace, Baseboard, Electric
Cooling
- None
Appliances
- Included: Dishwasher, Disposal, Double Oven, Dryer, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Refrigerator(s), Washer(s)
Features
- Dining Room
- Flooring: Hardwood, Vinyl, Carpet
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Main Level: 1, Fireplace
Interior area
- Total structure area: 1,692
- Total interior livable area: 1,692 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Attached Garage
- Has attached garage: Yes
- Covered spaces: 2
Features
- Levels: Three Or More
- Entry location: Main
- Patio & porch: Dining Room, Fireplace
Lot
- Size: 1.12 Acres
- Features: Dead End Street, Paved, Deck, Patio
- Residential vegetation: Fruit Trees, Garden Space
Details
- Parcel number: 00373300601700
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Tri-Level
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1990
Utilities & green energy
- Electric: Company: PUD
- Sewer: Septic Tank, Company: Septic
- Water: Public, Company: Alderwood Water
Community & HOA
Community
- Subdivision: Lynnwood
Location
- Region: Lynnwood
Financial & listing details
- Price per square foot: $827/sqft
- Tax assessed value: $706,200
- Annual tax amount: $6,736
- Date on market: 7/7/2026
- Cumulative days on market: 16 days
- Listing terms: Conventional,FHA,VA Loan
- Inclusions: Dishwasher(s), Double Oven, Dryer(s), Garbage Disposal, Refrigerator(s), Stove(s)/Range(s), Washer(s)
Estimated market value
$1,320,800
$1.25M - $1.39M
$3,464/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/8/2026 | Listed for sale | $1,399,950$827/sqft |
Source:  NWMLS as distributed by MLS GRID #2539159 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,017 -0.6% | $706,200 -1.5% |
| 2023 | $6,055 +1.2% | $717,100 -3.1% |
| 2022 | $5,982 -3.4% | $740,200 +13.7% |
| 2021 | $6,194 +5% | $651,100 +10.4% |
| 2020 | $5,897 +13.1% | $589,800 +11% |
| 2019 | $5,215 | $531,500 +13.1% |
| 2018 | -- | $469,800 +1.4% |
| 2017 | $5,124 +17.3% | $463,500 +24% |
| 2016 | $4,367 | $373,900 +3% |
| 2015 | $4,367 +42.1% | $362,900 +53.1% |
| 2013 | $3,073 | $237,000 |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2002 | -- | -- |
| 2001 | $2,409 +3.8% | $165,900 |
| 2000 | $2,322 | $165,900 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 98087
Nearby schools
GreatSchools rating
- 4/10Lake Stickney Elementary SchoolGrades: K-5Distance: 0.8 mi
- 4/10Voyager Middle SchoolGrades: 6-8Distance: 2.4 mi
- 4/10Mariner High SchoolGrades: 9-12Distance: 2.3 mi
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