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Listed by:Realty One Group Orca • Frances B Drake
$ 275,000
Est. payment | /mo
1.61 Acres Lot
$ 275,000
Est. payment | /mo
1.61 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Pending
Purchase Type For Sale
Subdivision Stanwood
MLS Listing ID 2482832
Style 41 - Res-Over 1 Acre
Annual Tax Amount $872
Lot Size 1.610 Acres
Property Sub-Type Land
Property Description
Rare investment opportunity in the heart of Stanwood! Discover four legal lots totaling 1+ acres, perfectly positioned just off Pioneer Highway and within the Urban Growth Area (UGA). This rolling green pasture is zoned LDMR (Low-Density Multi-Residential), providing a clear path for future residential density. The property did not perc in 2019 and sits just outside the city's immediate utility service area, it represents a premier "buy and hold" strategic play. This is a great opportunity to hold as an investment. Capitalize on the inevitable expansion of city utilities (WATER IS NOW IN ALONG 89th) or take the lead in mitigating service extension to unlock significant value. The upper lots offer the potential for stunning city and bay views, adding a luxury finish to future development. This could offer a flexible "Dry Business" Potential: While waiting for utility expansion, leverage Stanwood's supportive zoning for immediate use. Per SMC guidelines, the land is ideal for: Pasture & Livestock, Farm Stands: Retail agricultural, Community Garden Rentals; Let this opportunity put your investment mind to work! Buyer to verify all to their satisfaction.
Location
State WA
County Snohomish
Area 770 - Northwest Snohomish
Interior
Fireplace false
Exterior
Utilities Available Electricity Available
View Y/N Yes
View Partial, Territorial
Building
Lot Description Corner Lot, Paved
Sewer Not Available
Water In Street
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Stanwood High
School District Stanwood-Camano
Others
Senior Community No
Acceptable Financing Cash
Listing Terms Cash
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
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Darren Johnson