Exceptional Income-Producing Adult Family Home Opportunity in Prime Lynnwood Location! Rare opportunity to own an established Adult Family Home business and real estate together in a highly desirable Lynnwood location, conveniently close to medical facilities, shopping, services, and key amenities.This nearly 3,000 sq. ft. Home offers the perfect blend of care business income and residential comfort, featuring spacious owner/family living upstairs with 3 bedrooms, while the lower level offers 6 bedrooms, including potential caregiver room, designed for efficient AFH operations. Home is license for 6, but Currently operating with 2 residents generating $10,000/month income. This property presents immediate cash flow with upside potential for experienced operators or investors looking to expand. Ideal for buyers seeking to add a second Adult Family Home near an existing operation, or those entering the industry with a turnkey opportunity. The conveniece of a living space and business downstairs is an appealing opportunity to grab. Saves you plenty on mortgage payments. Imagine filling this home with your desired residents! Save yourself the hassle of having to remodel a home from scratch and make this your own. Could be licensed upto 8 residents with living quarters upstairs. How about that for economies of scale.
Active
Listed by: Skyline Properties, Inc. • Demba Baldeh
$1,600,000
Lynnwood, WA 98036
9beds
2,948sqft
Single Family Residence
Built in 1955
8,498 Square Feet Lot
$1,510,500 Zestimate®
$543/sqft
$-- HOA
What's special
- 65 days |
- 48 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Demba Baldeh,
Skyline Properties, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2510101
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 4
- Full bathrooms: 4
Primary bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Lower
Bedroom
- Level: Lower
Bedroom
- Level: Lower
Bedroom
- Level: Lower
Bedroom
- Level: Lower
Bedroom
- Level: Lower
Bathroom full
- Level: Second
Bathroom full
- Level: Second
Bathroom full
- Level: Lower
Bathroom full
- Level: Lower
Other
- Level: Main
Kitchen with eating space
- Level: Second
Kitchen with eating space
- Level: Lower
Living room
- Level: Second
Living room
- Level: Lower
Utility room
- Level: Second
Heating
- Fireplace, Forced Air, High Efficiency (Unspecified), Electric, Wood
Cooling
- Forced Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Trash Compactor, Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Washer(s)
Features
- Bath Off Primary, Ceiling Fan(s)
- Flooring: Hardwood, Laminate
- Doors: French Doors
- Basement: Finished
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Upper Level: 1, Fireplace
Interior area
- Total structure area: 2,948
- Total interior livable area: 2,948 sqft
Property
Parking
- Parking features: Driveway, None, Off Street
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Second Kitchen, Bath Off Primary, Ceiling Fan(s), Fireplace, French Doors, Walk-In Closet(s)
- Has view: Yes
- View description: Territorial
Lot
- Size: 8,498 Square Feet
- Dimensions: .35
- Features: Paved, Cable TV, Deck, Fenced-Partially
- Topography: Level
- Residential vegetation: Fruit Trees, Garden Space
Details
- Parcel number: RS042426
- Zoning: RS-8
- Zoning description: Jurisdiction: County
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 1/2 Story
- Property subtype: Single Family Residence
Materials
- Wood Products
- Foundation: Poured Concrete
- Roof: Torch Down
Condition
- Good
- Year built: 1955
- Major remodel year: 2020
Utilities & green energy
- Sewer: Sewer Connected
- Water: Public
Community & HOA
Community
- Subdivision: Edmonds
Location
- Region: Lynnwood
Financial & listing details
- Price per square foot: $543/sqft
- Annual tax amount: $6,148
- Date on market: 4/30/2026
- Cumulative days on market: 65 days
- Listing terms: Conventional,See Remarks
- Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Trash Compactor, Washer(s)
Estimated market value
$1,510,500
$1.43M - $1.59M
$3,752/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/30/2026 | Listed for sale | $1,600,000$543/sqft |
Source:  NWMLS as distributed by MLS GRID #2510101 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/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: 98036
Nearby schools
GreatSchools rating
- 6/10Lynnwood ElementaryGrades: K-6Distance: 1.4 mi
- 7/10Alderwood Middle SchoolGrades: 7-8Distance: 0.8 mi
- 6/10Lynnwood High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- High: Meadowdale 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.
A local agent can set up tours, give advice and negotiate with sellers.
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