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Coldwell Banker Bain
14004 Chain Lake Rd, Monroe, WA 98272
- $1,500,000
Listing Broker: Waterstone Properties; Maria Ordaz; 425-931-4074; mariaordazrealestate@gmail.com
- List Price
- $1,500,000
- Status
- ACTIVE
- MLS#
- 2595144
- Lot Size (sq ft)
- 46,609
Property Description
PRIME DEVELOPMENT OPPORTUNITY – 1.07 ACRES ON CHAIN LAKE RD! Investor & Builder's Dream! Exceptional opportunity in the growing Monroe corridor, surrounded by new residential development. Zoned R-7 (Residential –7 units per acre), offering potential for single-family and middle-housing development, subject to city's approval. VALUE IS IN THE LAND! Previous home demolished. Existing 2 BE Septic, city water, and electricity on-site, with potential access to public sewer in the street. Ideal for builders, developers, and investors looking to capitalize on a desirable and expanding residential market. Buyer to verify zoning, density, utilities, subdivision potential, and development feasibility with appropriate jurisdictions. DON'T MISS THIS RARE INVESTMENT OPPORTUNITY!
Additional Information
- Community
- Chain Lake
- Style
- 41 - Res-Over 1 Acre
- Zoning Jurisdiction
- City
- Sewer
- In Street
- School District
- Monroe
- Elementary School
- Chain Lake Elem
- Middle School
- Park Place Middle Sc
- High School
- Monroe High
- Potential Terms
- Cash, Conventional
- Driving Directions
- From US Highway 2 in Monroe, turn north onto Chain Lake Road. Continue north; the property will be on the left.
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.