20505 111th Avenue SE, Snohomish, WA 98296
- $1,675,000
- 6,000
- SqFt
Listing courtesy of Realty One Group Enterprise.
- List Price
- $1,675,000
- Status
- ACTIVE
- MLS#
- 2578200
- Days on Market
- 0
- Style
- 55 - 5-9 Units
- Finished SqFt
- 6,000
- Area Total SqFt
- 6000
- Lot Size (sq ft)
- 280,962
- Sewer
- Septic Tank
Property Description
AMAZING One of a Kind Opportunity w/ $400k in equity and $600k in ARV value from tax record. This is a perfect gated property of 6.45 acres with 6 bedrooms and 3 kitchens and 4th kitchen Bar to be remodeled into an Adult Care Home, Treatment Facility or Senior Adult Family Home. In addition, create a multi living compound for 2-3 separate living quarters. Exceptional value for location, structure, opportunity with multiple kitchens for multi generational living, rentals if new design prefers. AIRBNB Short Term Rentals, long-term guests, assisted living, home-based business, Travel RN leases, or entertaining. Two tax parcels included in the sale. The property is not available for permitting any additional structures just the existing home and layouts and inspected septic. Recreate the charm and Luxury from the past and please look at previous listings for the landscaped oasis. Interior renovations is an open book for you to either leave or do some wall opening and make into a gorgeous multi-family or keep residential. Need strong buyer & offer to satisfy for closing. The Tax value is $2,187,600 & estimated ARV of over $2.4M!! Grounds are overgrown now and it needs work, but 2016 photos (from previous listing) reveal the potential. Don't scroll past or overlook this one; bring your offer and make this extraordinary property your own. Never get a chance like this amazing property in Snohomish County!
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Additional Information
- List Date
- 2026-09-04 01:28:11
- Community
- Echo Lake
- Total Number of Units
- 1
- Unit Name
- 20505
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1991
- Waterfront
- Yes
- View
- Territorial
- Roof
- Composition
- Site Features
- Cabana/Gazebo, Cable TV, Deck, Dock, Fenced-Partially, Gated Entry, Outbuildings, Patio, RV Parking
- Energy Source
- Electric, Natural Gas, Wood
- School District
- Monroe
- Tax Year
- 2026
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