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Everett Development Project Land
For Sale
$525,000
Pending

308 120th Street SE, Everett, WA 98208

Development project with potential for multiple home sites.

Property SizeContact for details
Lot Size0.53 Acres
Days on Market774

Property Features for 308 120th Street SE

General Information

Standard status Pending
Lot size 0.53 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $3,510

Amenities

Paved
Listing Agency: KW EVERETT
Listed By: JOE PLATZ · License #27814
Source: Corcoran
Added: Jul 9, 2024 Changed: Aug 8 Last Checked: Aug 8 at 2:50PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW EVERETT

Investment Insights

Based on property information with market context.

This property is a development project located in South Everett, with over half an acre in the Mukilteo School District. A conceptual design suggests the potential for six home sites, designed for maximum resale potential and low development costs. Water and sewer connections are available on the property or in the street. The location provides convenient access to I-5, Silverlake, Paine Field (PAE), Boeing, Providence Medical Center, Everett Naval Station, and Fluke. The surrounding area is experiencing growth, including the Everett Marina and Riverfront Development. The City of Everett anticipates growth of 89,000 jobs and 87,000 residents by 2050. The seller is offering to carry the property with 30% down and no payments for 12 months to allow for plat approval. The property is sold as-is. The seller has no studies available, and the buyer is responsible for verifying all information.

Key Highlights

  • 1/2+ acre development project in Mukilteo School District.
  • Conceptual 6 home‑site design for maximum resale potential.
  • Water and Sewer on property/in street.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Big Box & Wholesale Store Auto Parts Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

271
Businesses Nearby

Demographics for 98208, WA

60,019
Population
22,534
Households
2.7
Avg Household Size
37
Median Age
34%
College-Educated
91%
High-School Grad
15.2 sq mi
ZIP Area
3,949
Density / Sq Mi
$102,546
Median Household Income
$53,626
Median Earnings
$1,859
Median Rent
$641,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Development project with potential for multiple home sites.
Where is this residential land & home lot located?
The property is located at 308 120th Street SE Everett, WA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 1/2+ acre development project in Mukilteo School District.; Conceptual 6 home‑site design for maximum resale potential.; Water and Sewer on property/in street.
More about this property
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