17-UNIT TOWNHOME DEVELOPMENT – PRELIMINARY UNIT LOT SUBDIVISION APPROVED. Exceptional opportunity to acquire an advanced 17-unit townhome project in a prime Lynnwood location. The 17-Unit Preliminary Unit Lot Subdivision is approved, significantly reducing entitlement time and development risk. The Land Disturbing Activity (LDA) permit is in final review. Project consists of two 6-unit buildings and one 5-unit building with modern 3-story, 3- and 4-bedroom townhomes ranging from approx. 1,307–1,652 SF with attached garages and private outdoor spaces. Complete architectural plans and structural design for all three buildings are included with the sale, along with available civil, site, engineering and supporting project documents. This is not a raw-land development concept. The primary subdivision approval is in place, the LDA is nearing completion, and architectural and structural design is complete, providing a clear path toward final permits and construction. Excellent Lynnwood location with convenient access to I-5, light rail, shopping, dining, schools and major commuter routes. An exceptional opportunity for a builder or developer to avoid much of the time, cost and uncertainty associated with taking raw land through planning, entitlement and design
Active
Listed by: Kelly Right RE of Seattle LLC • Anisa Ozegovic
$1,900,000
2802 148th Street SW, Lynnwood, WA 98087
--beds
--baths
1.1Acres
Unimproved Land
Built in ----
1.1 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- --
- on Zillow
- 58
- views
- 6
- saves
Zillow last checked:
Listing updated:
Listed by:
Anisa Ozegovic,
Kelly Right RE of Seattle LLC
Source: NWMLS as distributed by MLS GRID,MLS#: 2567527
Facts & features
Interior
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Lot
- Size: 1.1 Acres
Details
- Parcel number: 00372900701205
- Zoning description: Multi-Family,Residential,Jurisdiction: County
- Special conditions: Standard
Utilities & green energy
- Electric: On Property
- Gas: In Street
- Sewer: Available, In Street
- Water: Available
- Utilities for property: Electricity Connected, Natural Gas Available
Community & HOA
Community
- Subdivision: Lynnwood
Location
- Region: Lynnwood
Financial & listing details
- Tax assessed value: $1,156,400
- Annual tax amount: $9,136
- Date on market: 8/13/2026
- Listing terms: Conventional
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/13/2026 | Listed for sale | $1,900,000+280% |
Source: | ||
| 12/1/2021 | Sold | $500,000-50% |
Source: | ||
| 2/6/2020 | Listing removed | $1,000,000 |
Source: Savvy Lane Inc #1502567 Report a problem | ||
| 9/3/2019 | Price change | $1,000,000-23.1% |
Source: Savvy Lane Inc #1502567 Report a problem | ||
| 8/8/2019 | Listed for sale | $1,300,000 |
Source: Savvy Lane Inc #1502567 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,136 -1% | $1,156,400 |
| 2024 | $9,229 -0.4% | $1,156,400 -0.1% |
| 2023 | $9,270 +46.5% | $1,157,800 +43.4% |
| 2022 | $6,329 -24.2% | $807,400 -6.8% |
| 2021 | $8,355 +5.4% | $866,300 +5.6% |
| 2020 | $7,923 -5.3% | $820,600 +7.5% |
| 2019 | $8,363 | $763,300 +22.8% |
| 2018 | -- | $621,800 +19.7% |
| 2017 | $7,034 +71.7% | $519,500 +30% |
| 2016 | $4,096 | $399,700 +24.8% |
| 2015 | $4,096 +498.2% | $320,400 +79% |
| 2013 | $685 | $179,000 |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website






