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  • 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

    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
    --
    on Zillow
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    6
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    Zillow last checked:

    Listing updated:

    Listed by:

    Anisa Ozegovic,

    Kelly Right RE of Seattle LLC

    Source: NWMLS as distributed by MLS GRID,MLS#: 2567527MLS Logo

      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

        DateEventPrice
        8/13/2026Listed for sale$1,900,000+280%
        Source: NWMLS as distributed by MLS GRID #2567527 Report a problem
        12/1/2021Sold$500,000-50%
        Source: NWMLS as distributed by MLS GRID #1869070 Report a problem
        2/6/2020Listing removed$1,000,000
        Source: Savvy Lane Inc #1502567 Report a problem
        9/3/2019Price change$1,000,000-23.1%
        Source: Savvy Lane Inc #1502567 Report a problem
        8/8/2019Listed for sale$1,300,000
        Source: Savvy Lane Inc #1502567 Report a problem

        Public tax history

        YearProperty taxesTax 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

        Monthly payment

        Estimated monthly payment$1,822
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: North Lynnwood

        Getting around

        18 / 100
        Car-Dependent
        42 / 100
        Some Transit
        31 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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