20505 111th Avenue SE, Snohomish, WA 98296

$1,800,000
4
BD
5
BA
6,000
SqFt

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Listing courtesy of Realty One Group Enterprise.

List Price
$1,800,000
Status
ACTIVE
MLS#
2465442
Price Change
▼ $300,000 1770939659
Days on Market
87
Bedrooms
4
Finished SqFt
6,000
Area Total SqFt
6000
Annual Tax Ammount
17667
Lot Size (sq ft)
244,372
Fireplace
Yes
Sewer
Septic Tank

Property Description

One of a Kind Opportunity with $400k in equity and $600k in ARV value! This home is truly special, underrated, under-appreciated, and under-valued LISTING of 6+ acres w/ private gate & 3-kitchens! Home is set on remarkable land near Echo Falls Golf Course with its own private lake for year-round fishing with sons or grandchildren, mature trees, incredible bones, beautiful natural light, and a floor plan that simply works. While not well maintained recently, it’s ready for someone with vision to restore and elevate it to its full potential with refreshed finishes. Seller and Lender have agreed to terms and need strong buyer & offer to satisfy Lien Holder for closing. The Tax value is $2,187,600 & estimated ARV of over $2.4M!! Listing office has contractor in place for assisting at great value and Landscaper to revitalize the property to prior beauty! Exceptional value for location, structure, and opportunity with mulitple kitchens for multi generational living or rentals if new design prefers that. AIRBNB Short Term Rentals, long-term guests, assisted living, home-based business, Travel RN leases, or entertaining. 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. Closing needs to be by end of August or new price may need to be established. Never get a chance like this amazing property in Snohomish County!

Additional Information

Community
Snohomish
Style
16 - 1 Story w/Bsmnt.
Basement
Finished
Year Built
1991
Total Covered Parking
4
Waterfront
Yes
Waterfront Description
Low Bank, Lake
View
Lake, See Remarks, Territorial
Roof
Composition
Site Features
Cable TV, Deck, High Speed Internet, RV Parking, Sprinkler System
Tax Year
2025
School District
Monroe
Elementary School
Maltby Elem
Middle School
Hidden River Mid
High School
Monroe High
Potential Terms
Cash, Conventional
Interior Features
Second Kitchen, Second Primary Bedroom, Bath Off Primary, Built-In Vacuum, Dbl Pane/Storm Window, Dining Room, Fireplace, French Doors, High Tech Cabling, Jetted Tub, Pantry, Security System, Skylight(s), Sprinkler System, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater, Wired for Generator
Flooring
Ceramic Tile, Hardwood, Laminate, Carpet
Driving Directions
From I-405, take WA-522 East toward Monroe. Exit at Echo Lake Rd, turn right onto Echo Lake Rd, then right on 224th St SE, follow to 111th Ave SE and turn right to 20505 111th Av SE
Appliance
See Remarks
Appliances Included
See Remarks
Water Heater Location
2 Basement
Water Heater Type
Gas
Energy Source
Natural Gas, Wood
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.
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