1601 Mitchell Road, Lake Stevens, WA 98258
- $900,000
Listing Broker: eXp Realty; Lee Jennings; ; Selling Office: eXp Realty.
- Sold Price
- $900,000
- List Price
- $1,000,000
- Status
- SOLD
- MLS#
- 2483256
- Closing Date
- Apr 08, 2026
- Days on Market
- 21
- Lot Size (sq ft)
- 156,816
Property Description
1601 Mitchell Road presents a rare, shovel-ready 8 lot short plat in the rapidly growing Lake Stevens market. This ±3.6-acre site is fully entitled and approved by the City of Lake Stevens for 8 residential lots, allowing a developer to bypass the lengthy permitting process and move directly to construction. All major approvals are in place, making this an ideal project for a small-to-mid sized builder seeking their next efficient, lower-risk build with strong upside potential. With development timelines shortened and holding costs reduced, investors can focus capital on execution rather than entitlement. Located in a desirable residential setting with convenient access to Lake Stevens amenities, employment corridors, schools, and regional commuter routes, the property benefits from continued population growth and sustained housing demand in Snohomish County. Whether you’re expanding your portfolio or looking for a streamlined project to keep your pipeline active, 1601 Mitchell Road offers a hard-to-find combination of scale, approvals, and readiness. Bring your plans, break ground quickly, and capture the momentum of one of the region’s strongest housing submarkets.
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Additional Information
- Community
- Lake Stevens
- Style
- 41 - Res-Over 1 Acre
- Zoning Jurisdiction
- City
- Restrictions
- See Remarks
- Sewer
- Available
- Tax Year
- 2025
- School District
- Lake Stevens
- Elementary School
- Highland Elem
- Middle School
- Cavelero
- High School
- Lake Stevens Snr Hig
- Potential Terms
- Cash, Conventional, See Remarks
- Driving Directions
- Take I-5 N to WA-204 E in Snohomish County. Take the WA-204 E exit from US-2 E Continue on WA-204 E. Take WA-9 N, Lundeen Park Way E and Vernon Rd to Mitchell Dr in Lake Stevens
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.