2802 148th Street SW, Lynnwood, WA 98087

Property Description

17-unit townhome development opportunity in a prime Lynnwood location. Significant planning, design and development work has already been completed, allowing a buyer to step into the project and move directly toward construction. Project consists of two 6-unit buildings and one 5-unit building with modern 3-story, 3- & 4-bedroom townhomes ranging from approx. 1,307–1,652 SF with attached garages and private outdoor spaces. Building plans are complete and ready to be submitted for final review and are included with the sale, along with available architectural, civil, site and supporting project documents. Excellent location with convenient access to I-5, light rail, shopping, dining, schools and major commuter routes. An exceptional opportunity for a builder or developer to acquire a substantially completed development package and avoid much of the time and expense associated with taking a project from raw land through design and planning. Buyer to verify all information and approval status.

Listing Status:

Active

Data Last Updated:

August 14, 2026 at 7:19AM

Listing Office:

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

Listing Agent:

Anisa Ozegovic : 206-525-5235

MLS ID:

2567527

Interior

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

Construction

• General: 42 - Multi-Family

Location

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

Lot

• Zoning: 00372900701205
• Restrictions: No Restrictions

Utilities

• Utilities: Electricity ConnectedNatural Gas AvailableElectricity on Property
• Water: Available
• Sewer: AvailableIn Street

Financial

• Source: nwmls