Property Description

Rare investment opportunity in the heart of Stanwood! Discover four legal lots totaling 1+ acres, perfectly positioned just off Pioneer Highway and within the Urban Growth Area (UGA). This rolling green pasture is zoned LDMR (Low-Density Multi-Residential), providing a clear path for future residential density. The property did not perc in 2019 and sits just outside the city’s immediate utility service area, it represents a premier "buy and hold" strategic play. This is a great opportunity to hold as an investment. Capitalize on the inevitable expansion of city utilities (WATER IS NOW IN ALONG 89th) or take the lead in mitigating service extension to unlock significant value. The upper lots offer the potential for stunning city and bay views, adding a luxury finish to future development. This could offer a flexible "Dry Business" Potential: While waiting for utility expansion, leverage Stanwood’s supportive zoning for immediate use. Per SMC guidelines, the land is ideal for: Pasture & Livestock, Farm Stands: Retail agricultural, Community Garden Rentals; Let this opportunity put your investment mind to work! Buyer to verify all to their satisfaction.