Provided by NWMLS, Listed by Anisa Ozegovic, 206-525-5235 at Kelly Right RE of Seattle LLC

$1,900,000

2802 148th Street SW, Lynnwood WA, 98087

Price per sqft$39.65

Lot size1.1 Acres

Property typeLand

Overview

Active

Listed Aug 13, 2026

Updated 13 days ago

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

Additional information

MLS^® ID: 2567527

Exterior Features

Lot Size: 1.1 Acres

Other Property Details

Taxes: $9,136
Tax Frequency: Annually
55+/Senior Community: No

Provided by NWMLS, Listed by Anisa Ozegovic, 206-525-5235 at Kelly Right RE of Seattle LLC

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 10/1/2026. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 10/1/2026 at 9:12 PM UTC . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data last updated on 10/1/2026 at 9:12 PM UTC