$759,000
12105 20••••• St NE (Sign up for 50 free credits to unlock)Lake Stevens, WA 98258
Property Description
**Important update - Seller Financing now available** Attention Developers & Investors! Exceptional opportunity for up to 8-10 townhomes with a mixed-use component in downtown Lake Stevens. This "cookie-cutter" project offers flexibility for retail/office use with potential lake and mountain views. Flat, partial slope cleared site with no known wetlands, creeks, or critical areas, supporting a smoother permitting process. Zoned CBD (Central Business District) with increased height allowances, allowing for a variety of residential, commercial, or live/work, mixed-use development strategies. Shy half acre with a renovated 3 bed / 3 bath home (Possible option to convert into ADU/MIL w/additional room downstairs/kitchenette/separate entrance), ideal for rental income or hold while permitting. Bonus Value-Add: Detached 2-car garage/shop with loft + separate entrance-ideal for ADU/DADU, office, or additional rental unit. Flexible Options: Townhome or mixed-use redevelopment, subdivide & build additional units, live on-site while developing, owner-user opportunity, long-term hold in a high-growth corridor. Highlights: no known critical areas - faster permitting, increased height allowances, rare opportunity for a clean, scalable project with strong upside. Close to to lake, parks, library, dining, schools and retail, strong demand in Snohomish County. Buyer to verify all information.
Property Facts & Features
- Property Type
- Single Family
- Status
- Active Under Contract
- Listed
- Apr 30, 2026
- Price per Sq Ft
- $348/sqft
- ZIP Code
- 98258
- Full Baths
- 3
- Stories
- 2
- Parking
- Driveway Parking, Garage Detached, Off Street, RV Parking
- Heating
- Baseboard, Radiant
- Construction
- Metal/Vinyl, Wood Products, Metal/Vinyl, Wood Products
- Property Tax (2026)
- $5,004/yr
- Assessed Value
- $484,600
- Last Sold
- $430,000 · May 2, 2019
- Neighborhood
- Old Town
- County
- Snohomish
- School District
- Lake Stevens School District
Features & Amenities
Bedrooms
- Bedrooms: 3
- Bedrooms On Upper Level: 3
- Primary Bedroom Level: Second
- Bedroom 1 Level: Second
- Bedroom 2 Level: Second
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Bathrooms On Main Level: 1
- Full Bathrooms On Main Level: 1
- Full Bathrooms On Upper Level: 2
Land Info
- Additional Parcels Description: 29060800210300
- Land Lease: No
- Lot Description: Curbs, Open Space, Sidewalk, Value In Land
- Lot Size Acres: 0.47
- Topography: Level, Partial Slope
- Lot Size Square Feet: 20473
Utilities
- Power Production Type: Electric
- Sewer: Sewer Connected
- Water Source: Public
Appliances
- Dishwasher
- Dryer
- Refrigerator
- Stove(s)/Range(s)
- Washer
Other Rooms
- Bathroom - Full Level: Second
- Bathroom - Full Level: Main
- Entry Level: Main
- Kitchen With Eating Space Level: Main
- Utility Room Level: Main
- Family Room Level: Main
- Living Room Level: Main
Home Features
- View: Lake
- Security Features: Partially Fenced
Interior Features
- Dbl Pane/Storm Window, Dining Room, Fireplace, French Doors
- Flooring: Ceramic Tile, Vinyl
Garage and Parking
- Covered Spaces: 2
- Open Parking: No
- Parking Features: Driveway Parking, Garage-Detached, Off Street, RV Parking
- Parking Total: 8
Kitchen and Dining
- Dining Room Level: Main
School Information
- Elementary School: Buyer To Verify
- High School: Buyer To Verify
- High School District: Lake Stevens
- Middle School: Buyer To Verify
- School District: Lake Stevens
Heating and Cooling
- Fireplace Features: Wood Burning
- Heating Features: Baseboard, Radiant
- Heating Fuel: Electric
- Heating: Yes
- Number of Fireplaces: 1
Other Property Info
- Annual Tax Amount: 5004
- Source Listing Status: Contingent
- County: Snohomish
- Directions: Hwy 9 north. Right on Lundeen parkway which becomes 20th Street NE. Home on left.
- Tax Year: 2026
- Inclusions: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Area: 760 - Northeast Snohomish?
- List Development Name: Downtown Lk Stevens
- Source Neighborhood: Downtown Lk Stevens
- Parcel Number: 29060800210300
- Subdivision: Downtown Lk Stevens
- Zoning: Central Business District
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
Building and Construction
- Total Square Feet Living: 2184
- Year Built: 1918
- Building Area Total: 2184
- Building Area Units: Square Feet
- Construction Materials: Metal/Vinyl, Wood Products, Metal/Vinyl, Wood Products
- Entry Location: Main
- Foundation Details: Poured Concrete
- Levels: Two
- Property Age: 108
- Property Condition: Updated/Remodeled
- Roof: Composition
- Levels or Stories: Two
- Structure Type: House
- House Style: 2 Story
- Total Area Sqft: 2184
- Elevation Units: Feet
- Year Built Effective: 1918
Exterior and Lot Features
- Cable TV
- Fenced-Partially
- Gas Available
- High Speed Internet
- RV Parking
- Shop
Location
Lat 48.01575 · Lng -122.06722