18007 Olympic View Drive, Lynnwood, WA 98037

$1,850,000

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Listing courtesy of RE/MAX Northwest.

List Price
$1,850,000
Status
ACTIVE
MLS#
2568015
Days on Market
0
Lot Size (sq ft)
56,192

Property Description

Rare Lynnwood Infill Opportunity | 1.29 Acres | Edmonds School District Two compelling, high-density development paths on a mostly cleared, gently sloped 1.29-acre parcel. Preliminary engineering supports a 7–9 lot short plat (6,000+ SF lots) or an attached middle-housing concept up to 17 units. Full 4-service utility suite (sewer, gas, water, power) already connected on-site—eliminating major civil friction. Substantial Due Diligence Completed: Jumpstart timelines with existing feasibility work, civil analysis, conceptual site plans, environmental reviews, and City pre-development input in hand. Proven Market & Local Proof of Concept: Direct proof of concept 1.2 miles away at "Corvus", where an original 1.8-acre parcel (6319 168th St SW) sold for $2.2M and was transformed into a 9-plot community—featuring 6 new custom homes, 2 condos, and the renovated original residence at 16608 63rd Ave W. Demonstrates clear buyer demand and absorption for creative infill density. Future buyers enjoy top Edmonds schools, a 20-min walk to Lynndale Park, and easy 25–30 min commutes to tech hubs. Density, location, local precedent, and months of front-end legwork cleared—a rare turn-key opportunity for builders. Buyer to verify all development potential and municipal approvals.

Additional Information

Community
Perrinville
Style
41 - Res-Over 1 Acre
Zoning Jurisdiction
City
Features
Brush, Evergreens, Heavily Forested, Partially Cleared
View
Territorial
Sewer
On Property
Tax Year
2026
School District
Edmonds
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Potential Terms
Cash, Conventional
Driving Directions
From I-5, take Exit 181 and head west on 196th St SW, turn right onto 76th Ave W, then left onto Olympic View Dr; continue to 18007 Olympic View Dr, which 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.
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