12105 20th St NE, Lake Stevens, WA 98258

• 3 beds |
• 3 baths |
• 2,184 sqft

Property Description

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.

Listing Status:

Active

Data Last Updated:

May 1, 2026 at 7:19AM

Listing Office:

HomeSmart One Realty : 425-967-7175

Listing Agent:

Liam Isiah Sialer : 425-967-7175

MLS ID:

2511444

Interior

• General: Dbl Pane/Storm WindowDining RoomFireplaceFrench Doors
• Appliances: DishwasherDryerRefrigeratorStove(s)/Range(s)Washer
• Basement: None
• Flooring: Ceramic TileVinyl
• A/C: None
• Heating: BaseboardRadiant
• Fireplace: Wood BurningFireplaceFireplaces: 1

Exterior

• General: Metal/VinylWood Products
• Parking: DrivewayDetached GarageOff StreetRV ParkingParking spaces: 8

Construction

• Roofing: Composition
• General: TwoPoured Concrete

Location

• HOA Amenities: 0.0
• Originating MLS: nwmls
• School District: Lake Stevens
• County: Snohomish

Lot

• Topography: LevelPartial Slope
• Zoning: 29060800210300
• View: LakeView

Utilities

• Water: Public
• Sewer: Sewer Connected

Financial

• Source: nwmls