Investor/Developer Alert! Potential to reconfigure existing shop into duplex or ADU—buyer to verify. 1st time on market in nearly 50 years! Rare 1-acre city oasis with 97' of waterfront, southwest-facing lakefront on peaceful, non-motorized Serene Lake. Private dock, expansive deck/patio, storage/boat house, and potential to subdivide into 2 waterfront lots. 4,697 sqft home with 5 beds, 4 baths— for multi-family or single-family use. Mother in Law suite in basement w/private entrance and laundry, previously rented consistently. 1” water meter, 400-amp service, A/C, RV hookups, 1,400 sqft shop, 624 sqft barn. Quick access to I-5 & I-405 and walking distance to shopping and transit.
Sold
Listed by: Windermere RE North, Inc. • Christopher Wesley Rigby
Bought with: KW Greater Seattle
$1,950,000
3604 Serene Way, Lynnwood, WA 98087
5beds
4,697sqft
Single Family Residence
Built in 1981
1 Acres Lot
$1,987,800 Zestimate®
$415/sqft
$5,278 Estimated rent
Home value
$1,987,800
$1.85M - $2.13M
$5,278/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Christopher Wesley Rigby,
Windermere RE North, Inc.
Bought with:
Stephanie Anderson, 20109471
KW Greater Seattle
Source: NWMLS as distributed by MLS GRID,MLS#: 2454434
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 1
- 3/4 bathrooms: 3
- Main level bathrooms: 1
- Main level bedrooms: 1
Den office
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Family room
- Level: Main
Living room
- Level: Main
Rec room
- Level: Lower
Heating
- Fireplace, Forced Air, Electric, Natural Gas, Propane
Cooling
- Forced Air
Appliances
- Included: Dishwasher, Disposal, Double Oven, Dryer, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Refrigerator(s), Washer(s), Water Heater: Electric, Water Heater Location: Mechanical Closet In Garage
Features
- Bath Off Primary, Central Vacuum, Dining Room
- Flooring: Ceramic Tile, Concrete, Vinyl, Carpet
- Doors: French Doors
- Windows: Dbl Pane/Storm Window, Skylight(s)
- Basement: Finished
- Number of fireplaces: 3
- Fireplace features: Gas, Lower Level: 1, Main Level: 2, Fireplace
Interior area
- Total structure area: 4,697
- Total interior livable area: 4,697 sqft
Property
Parking
- Total spaces: 8
- Parking features: Driveway, Attached Garage, Off Street, RV Parking
- Has attached garage: Yes
- Covered spaces: 8
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Second Kitchen, Bath Off Primary, Built-In Vacuum, Dbl Pane/Storm Window, Dining Room, Fireplace, French Doors, Security System, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Water Heater, Wet Bar
- Has view: Yes
- View description: Lake, Territorial
- Has water view: Yes
- Water view: Lake
- Waterfront features: Low Bank, Bulkhead, Lake, No Bank
- Frontage length: Waterfront Ft: 97
Lot
- Size: 1 Acres
- Dimensions: 97 x 517 x 65 x 11 x 52 x 628
- Features: Open Lot, Paved, Secluded, Value In Land, Barn, Cable TV, Deck, Dock, Fenced-Partially, Gas Available, High Speed Internet, Outbuildings, Patio, RV Parking, Shop
- Topography: Level,Partial Slope
- Residential vegetation: Garden Space
Details
- Parcel number: 00570500101400
- Zoning: WFB (Waterfront Beach)
- Zoning description: Jurisdiction: County
- Special conditions: Standard
- Other equipment: Leased Equipment: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 2 Stories w/Bsmnt
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition,Metal
Condition
- Good
- Year built: 1981
- Major remodel year: 1981
Utilities & green energy
- Electric: Company: PUD
- Sewer: Sewer Connected, Company: Alderwood Water and Sewer
- Water: Public, Company: Alderwood Water and Sewer
- Utilities for property: Ziply/Xfinity, Ziply/Xfinity
Community & HOA
Community
- Features: Boat Launch
- Security: Security System
- Subdivision: Lake Serene
Location
- Region: Lynnwood
Financial & listing details
- Price per square foot: $415/sqft
- Tax assessed value: $1,830,700
- Annual tax amount: $15,483
- Date on market: 8/14/2025
- Cumulative days on market: 342 days
- Listing terms: Conventional,VA Loan
- Inclusions: Dishwasher(s), Double Oven, Dryer(s), Garbage Disposal, Leased Equipment, Refrigerator(s), Stove(s)/Range(s), Washer(s)
Price history
| Date | Event | Price |
|---|---|---|
| 2/17/2026 | Sold | $1,950,000-11.3%$415/sqft |
Source:  NWMLS as distributed by MLS GRID #2454434 Report a problem | ||
| 1/19/2026 | Pending sale | $2,198,500$468/sqft |
Source: NWMLS as distributed by MLS GRID #2454434 Report a problem | ||
| 11/12/2025 | Listed for sale | $2,198,500$468/sqft |
Source: NWMLS as distributed by MLS GRID #2454434 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $15,483 +552.6% | $1,830,700 +6.4% |
| 2023 | $2,372 -55.4% | $1,719,900 -5.1% |
| 2022 | $5,323 -18.9% | $1,812,700 +26.3% |
| 2021 | $6,560 -50% | $1,435,100 +9.1% |
| 2020 | $13,117 -0.5% | $1,315,200 -2.1% |
| 2019 | $13,177 | $1,343,100 +15.9% |
| 2018 | -- | $1,158,400 +14.5% |
| 2017 | $12,231 +22.1% | $1,011,900 +13.1% |
| 2016 | $10,021 | $894,500 +5.6% |
| 2015 | $10,021 +27.8% | $846,800 +36.4% |
| 2013 | $7,844 | $620,700 |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2002 | -- | -- |
| 2001 | $6,427 +3.8% | $446,400 |
| 2000 | $6,193 | $446,400 |
Find assessor info on the county website
Neighborhood: 98087
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Nearby schools
GreatSchools rating
- 6/10Serene Lake Elementary SchoolGrades: K-5Distance: 0.7 mi
- 8/10Olympic View Middle SchoolGrades: 6-8Distance: 4.3 mi
- 9/10Kamiak High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: Serene Lake Elem
- Middle: Olympic View Mid
- High: Kamiak High
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.
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Estimated market value
$1,987,800
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Estimated market value
$1,987,800
- Washington
- Snohomish County
- Lynnwood
- 98087
- 3604 Serene Way
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