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▼ Recently Reduced $60K
For Sale 18 Days Online
$799,000
Originally $859,000
2.23 Acres Lot
No Garage
Rare development acreage with Larch Way street frontage in high-demand Martha Lake. Huge opportunity for builders, investors, land-bankers, and homesteaders alike. 2.23 acres with medium-density zoning in unincorporated Snohomish County. Preliminary studies indicate potential for 8–10 townhomes (buyer to verify zoning & yield with the County) within the estimated .65 acres of buildable area. Explore townhome or attached development, a single estate home with subdivision/DADU potential, or hold-and land bank. Prefer to settle in? The existing 3-bed/2 bath home is a fixer with room to roam. Live on the acreage as-is, store the RV and boat, add a DADU, and build new over time or rent it to carry your hold through feasibility and permitting. There is currently lots of garden space with mature fruit-producing trees in place, a chicken coop, fenced garden area and plenty of outbuildings for storage. Turn the enclosed garage area into a workshop. Amazing location. Surrounded by the trails of Martha Lake Airport Park and a 5-minute walk to Martha Lake itself. Minutes to I-5/I-405, Alderwood Mall & Mill Creek. Located in the coveted Edmonds School District and squarely in the Lynnwood light-rail corridor with abundant transit as stations advance north. Builders nearby are sold out—here's your next site. Frontage, flexibility, and a path to multiple homes in one of Snohomish County's fastest-absorbing pockets. Bring your vision.
Offer Review
Will review offers when submitted
Listing source NWMLS MLS #
2544240
Listed by
Shannon Renner, Real Broker LLC
Contact our
Lynnwood
Real Estate Lead
Windermere Real Estate / North, Inc
Phone...
Property History
Jul 10, 2026
Price Reduction arrow_downward
$799,000
NWMLS #2544240
Jun 24, 2026
Listed
$859,000
NWMLS #2544240
Jul 10, 2026
Price Reduction arrow_downward
$799,000
Jun 24, 2026
Listed
$859,900
Jun 13, 2021
Sold
$810,000
More
Listing Details
  • Status
    For Sale
  • Price
    $799,000
  • Original Price
    $859,000
  • List Date
    June 24, 2026
  • Last Status Change
    June 24, 2026
  • Last Update
    July 10, 2026
  • Days on Market
    18 Days
  • Cumulative DOM
    18 Days
  • $/sqft (Total)
    --
  • $/sqft (Finished)
    /sqft
  • Listing Source
  • MLS Number
    2544240
  • Listing Broker
    Shannon Renner
  • Listing Office
    Real Broker LLC
Monthly Payment Estimate
  • Principal and Interest
    $4,188 / month
  • Property Taxes
    $406 / month
  • Homeowners Insurance
    $159 / month
  • TOTAL
    $4,753 / month

  • based on 20% down
    ($159,800)
  • and a
    6.85% Interest Rate
  • About:
    All calculations are estimates only and provided by Mainview LLC. Actual amounts will vary.
Property Details
  • Sqft (Total)
    0 sqft
  • Sqft (Finished)
    0 sqft
  • Sqft (Unfinished)
    None
  • Property Type
    Parcel
  • Sub Type
    Res-Over 1 Acre
  • Bedrooms
    Bedrooms
  • Bathrooms
    0 Bathrooms
  • Lot
    2.23 Acres Lot
  • Lot Size Source
    Realist
  • Lot #
    Unspecified
  • Project
    Unspecified
  • Total Stories
    Unspecified
  • Sqft Source
    Unspecified
Property Tax Info
  • 2025 Property Taxes
    $4,877 / year
  • No Senior Exemption
Public Parcel Data & Maps
Schools
  • School District
    Edmonds
  • Elementary
    Buyer To Verify
  • Middle
    Buyer To Verify
  • High School
    Buyer To Verify
HOA
  • HOA Dues
    Unspecified
  • Fees Assessed
    Unspecified
  • HOA Dues Include
    Unspecified
  • HOA Contact
    Unspecified
  • Management Contact
Parking
  • Covered
    Unspecified
  • Has Garage
    No
Construction
  • Home Builder
    Unspecified
Cooling
Heating
Interior
Property
  • Lot Features
    Dead End Street
    Paved
    Secluded
Appliances
Terms
  • 3rd Party Approval Required)
    No
  • Bank Owned (REO)
    No
  • Complex FHA Availability
    Unspecified
  • Potential Terms
    Cash
    Conventional
    Rehab Loan
    See Remarks
Utilities
  • Sewer
    On Property
  • Water Source
    On Property
Additional Info
  • Waterfront
    No
  • Air Conditioning (A/C)
    No
  • Buyer Broker's Compensation
    Unspecified
  • MLS Area #
    Area 730
  • Number of Photos
    25
  • Last Modification Time
    Friday, July 10, 2026 2:58 PM
  • System Listing ID
    5573813
Update Info
  • Price Reduction
    2026-07-10 16:25:37
  • First For Sale
    2026-06-24 15:58:02
Listing details based on information submitted to the MLS GRID as of Friday, July 10, 2026 2:58 PM. 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.
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For Sale 18 Days Online
$799,000     ▼ Price Reduction $60K
Offer Review: Anytime
NWMLS #2544240. Shannon Renner, Real Broker LLC
Map
 
Listing information is provided by the listing agent except as follows: BuilderB indicates that our system has grouped this listing under a home builder name that doesn't match the name provided by the listing broker. DevelopmentD indicates that our system has grouped this listing under a development name that doesn't match the name provided by the listing broker.