16226 Larch Way 1 & 2

Lynnwood, WA 98087
  • $1,795,000

    Price
  • 5

    Bed
  • 4

    Bath
  • 3,770

    SqFt

About the Listing 5149 - 68800

Absolutely One-of-a-Kind Duplex with Stunning Lake Views!!! This absolutely one-of-a-kind duplex offers spectacular lake and mountain views from both units. Positioned for maximum long or short-term rental income, this property is a prime opportunity with the World Cup coming to Seattle! Unit 1 (3 Bed/2 Bath): Features a 2+ car garage and extensive upgrades, including a new kitchen, bathrooms, flooring, exterior/interior paint, lighting, hot water heater, and gutters. Highlights include a 230 sq ft covered deck and patio areas. Plenty of parking for 4-6 cars, plus RV and boat parking. Unit 2 (2 Bed/2 Bath): Features an 800 sq ft RV garage with additional parking for 4-6 cars. This unit includes an elevator, a commercial generator powered by a 1,000-gallon underground propane tank for peace of mind, and a massive, partially covered 1,000+ sq ft deck with unobstructed views of Martha Lake. Additional Features: 1,300+ sq ft of attached, permitted, and unfinished space. This area is connected to Unit 2 but can be converted into 1 or 2 additional studio units, offering excellent potential for increased rental income. Separate driveways for each unit. Separate water and sewer meters. Located just 5-10 minutes from light rail, I-5, I-405, shopping, Mill Creek Town Center, fabulous restaurants, Alderwood Mall, and so much more!!! Seller also willing to sell units separately.

Listing Highlights

Status Active
Days on Site 10
Property Type Multi-Family
MLS ® 2463970
Year Built 1940
Total Square Footage 3,770
Lot/Acreage 0.3
County Snohomish
Neighborhood Martha Lake
School District Edmonds

Interior Details

  • Bedrooms: 5
  • Bathrooms: 4 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces: 0
  • Floor: Ceramic Tile,Concrete,Hardwood,Vinyl Plank,Carpet
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Alderwood

Exterior Details

  • Lot Description: Open Space,Paved,Secluded,Deck,Gas Available,Propane,Rooftop Deck,RV Parking,Zoning: Multi-Family
  • Garage Capacity: 4 car
  • Parking Spaces: 18
  • Zoning: Multi-Family
  • Roof: Metal
  • Others: Cement/Concrete,Metal/Vinyl,Stone,Wood,Good
  • Sewer: Alderwood
  • Parking Features: RV Parking

Financial Details

  • Tax Amount: $7,703
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 00373700301102
  • Tax Year: 2025

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16226 Larch Way 1 & 2 Lynnwood, WA 98087

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Originating MLS: nwmls

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