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Rare first-time development opportunity in the highly sought-after Bothell/Mill Creek corridor. Offering 10.25 acres across 5 tax parcels, this exceptional R-9600 residential-zoned land holding presents a premier opportunity for builders, developers, and long-term investors in a true A+ location directly on Highway 524 (Maltby Rd). With sewer and utilities available in the street, the site is ideally positioned for future residential development in one of the region's strongest growth corridors. The property offers a beautiful park-like setting with mature timber, rolling privacy, a sports court, and a lower cottage. As an added bonus, the site includes a luxury rambler currently undergoing an extensive $1M+ remodel, 7000 sf with drawings and expansion plans already underway, offering interim use, resale upside, or potential builder model/home office flexibility. Located within the highly acclaimed Northshore School District and surrounded by strong residential demand, retail conveniences, shopping, dining, and everyday services, this is a rare chance to secure a large-scale residential land position in a supply-constrained submarket. The true value is in the land, location, zoning, and future development potential. A generational opportunity for the visionary builder or developer seeking scale in the Bothell/Mill Creek market.
Rare first-time development opportunity in the highly sought-after Bothell/Mill Creek corridor. Offering 10.25 acres across 5 tax parcels, this exceptional R-9600 residential-zoned land holding presents a premier opportunity for builders, developers, and long-term investors in a true A+ location directly on Highway 524 (Maltby Rd). With sewer and utilities available in the street, the site is ideally positioned for future residential development in one of the region's strongest growth corridors. The property offers a beautiful park-like setting with mature timber, rolling privacy, a sports court, and a lower cottage. As an added bonus, the site includes a luxury rambler currently undergoing an extensive $1M+ remodel, 7000 sf with drawings and expansion plans already underway, offering interim use, resale upside, or potential builder model/home office flexibility. Located within the highly acclaimed Northshore School District and surrounded by strong residential demand, retail conveniences, shopping, dining, and everyday services, this is a rare chance to secure a large-scale residential land position in a supply-constrained submarket. The true value is in the land, location, zoning, and future development potential. A generational opportunity for the visionary builder or developer seeking scale in the Bothell/Mill Creek market.
Property Details
Location Information+
County
Snohomish
Community
Thrashers Corner
MLS Area
Southeast County
Latitude
47.810667
Longitude
-122.197389
Directions
From I405, take Exit 26 B-E HWY, head North on B-E HWY, Right/East on Maltby (524), entry to home will be 1/4 - 1/2 mile up on the Right.
Interior Features+
Interior
Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, French Doors, High Tech Cabling, Hot Tub/Spa, Security System, Skylight(s), Vaulted Ceiling(s)
Full Baths
1
3/4 Baths
3
1/2 Baths
1
Has Fireplace
Yes
Number of Fireplaces
3
Fireplace Description
Gas, Wood Burning
Heating
Forced Air, Heat Pump
Power Production Type
Natural Gas
Cooling
Central Air
Floors
Ceramic Tile, Hardwood
Basement Description
None
Entry
Main
Exterior Features+
Style
1 Story
Stories
One
Is New Construction
No
Exterior
Stone, Wood
Foundation
Poured Concrete
Roof
Composition
Water Source
Public
Septic or Sewer
Septic Tank
Covered Spaces
3
Security Features
Security Gate, Security System
Parking Description
Attached Garage, RV Parking
Has Garage
Yes
Parking Spaces
3
Vegetation
Brush, Fruit Trees, Garden
Has a Pool
Yes
Pool Description
In-Ground
Site Description
Athletic Court, Cabana/Gazebo, Cable TV, Dog Run, Gas Available, Gated Entry, Hot Tub/Spa, Outbuildings, Patio, RV Parking, Sprinkler Syst
Lot Description
Open Space, Paved, Secluded
Topography
Level, Partial Slope
Elevation
Feet
Lot Size in Acres
10.25
Lot Size in Sq. Ft.
446,490
Buildings
Built On Lot
Building Total Area (Sq. Ft.)
4,200
Has View
Yes
View Description
Territorial
School+
High School District
Northshore
Elementary School
Canyon Creek Elem
Jr. High School
Skyview Middle School
High School
Bothell Hs
Additional Information+
Possession
Negotiable
Property Type
SFR
Property SubType
Single Family Residence
Structure Type
House
Year Built
1973
Status
Active
Tax Year
2025
Tax Amount
$18,900
Not a REO
Yes
Lot Acres Source
Chicago Title
Listing Broker: The Preview Group; Greg Perry; 206-949-7939; gregperry425@gmail.com Listings with the three tree icon are courtesy of NWMLS.