This listing courtesy of George Caudill , Pacific Properties
$985,000

3610 NE 197th Street, Lake Forest Park, WA 98155

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon0.43acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

This 18,540 sf Lk Forest Park property presents a rare opportunity to acquire a generous parcel of land w/future development potential. The expansive lot is the true centerpiece of this offering, providing ample space for a variety of dev. possibilities, expansion plans, or long-term investment strategies, subject to buyer verification of zoning & municipal requirements. The size/layout of property offer flexibility that's becoming increasingly difficult to find, making it especially appealing to developers & investors. Whether your vision includes adding multiple DADUs, subdivision opportunities, custom constr. or a strategic land hold, the property's value is firmly rooted in its development potential. Adding to the appeal is the existing 4 bed/2.5 bath home, which provides an immediate source of rental income while development plans are explored. Rather than being the primary focus, the residence serves as a valuable holding asset that can generate cash flow & help offset ownership costs during the planning and entitlement process. This creates an attractive combo of current income & future upside. For buyers who recognize the increasing scarcity of developable parcels, this property offers the opportunity to secure land today while maintaining income-producing use of the existing home. The combination of location, usable land & redevelopment potential makes this a compelling investment for property's long-term value. (Back section of lot is fenced separately & unused)

Listing Status:
Active
Data Last Updated:
August 13, 2026 at 2:21AM
Listing Office:
Pacific Properties : 425-387-9944
Listing Agent:
George Caudill : 425-387-9944
MLS ID:
2543169
  • A/C: None
  • Heating: None
  • Fireplace: Fireplaces: 0
  • General: BrushLightly TreedPartially Cleared
  • Improvements: Cable TV AvailableDrivewayDwellingFenced-FullyGarageOutbuilding(s)RV
  • Parking: Garage
  • General: 40 - Res-Less thn 1 Ac
  • Road/Access: See Remarks
  • HOA Amenities: 0.0
  • Originating MLS: nwmls
  • School District: Shoreline
  • County: King
  • Topography: Level
  • Zoning: 4029400089
  • View: See RemarksTerritorialView
  • Restrictions: See RemarksUnknown
  • Utilities: Electricity ConnectedNatural Gas AvailableElectricity on Property
  • Water: On PropertySee Remarks
  • Sewer: AvailableOn Property
  • Source: nwmls

This listing courtesy of George Caudill , Pacific Properties

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listings Nearby

Presented by Veterans United Realty