1923 233rd Place SE, Bothell, WA 98021

Property Description

High-yield investment and development play in prime Bothell! Flat 9,175 sq ft R-M1 zoned lot with major entitlement work already completed—significantly reducing timeline and upfront costs. Pre-application completed with the City of Bothell and short plat application already submitted, with key planning for utilities, access, and fire safety in place. Side-yard easement provides straightforward ingress/egress for future rear parcel. Level, lightly treed site enables efficient, lower-cost construction. Immediate cash flow from fully renovated 1,275 sq ft rambler with strong rental upside. Ideal hold while advancing development plans. Generous setbacks and deep driveway allow additional expansion potential. Multiple high-return exit strategies: short plat and build, develop additional units, expand existing structure, or hold for income + appreciation. Opportunities with this level of prep, speed to market, and upside are rare—investor-ready and positioned to move quickly. Buyer to verify all the details!

Listing Status:

Active

Data Last Updated:

May 20, 2026 at 7:19AM

Listing Office:

Kelly Right RE of Seattle LLC : 206-525-5235

Listing Agent:

Sudha Rani Sama : 206-525-5235

MLS ID:

2517166

Interior

• A/C: None
• Heating: None
• Fireplace: Fireplaces: 0

Exterior

• Improvements: DwellingGarageOutbuilding(s)
• Parking: Garage

Construction

• General: 40 - Res-Less thn 1 Ac

Location

• Road/Access: Paved
• HOA Amenities: 0.0
• Originating MLS: nwmls
• School District: Northshore
• County: Snohomish

Lot

• Topography: Level
• Zoning: 00723400000900

Utilities

• Utilities: Electricity ConnectedNatural Gas AvailableElectricity on Property
• Water: AvailableOn Property
• Sewer: On Property

Financial

• Source: nwmls