1601 Mitchell Rd Lake Stevens, WA 98258
Old Town Lake Stevens NeighborhoodEstimated payment $6,152/month
About This Lot
1601 Mitchell Road presents a rare, shovel-ready 8 lot short plat in the rapidly growing Lake Stevens market. This ±3.6-acre site is fully entitled and approved by the City of Lake Stevens for 8 residential lots, allowing a developer to bypass the lengthy permitting process and move directly to construction. All major approvals are in place, making this an ideal project for a small-to-mid sized builder seeking their next efficient, lower-risk build with strong upside potential. With development timelines shortened and holding costs reduced, investors can focus capital on execution rather than entitlement. Located in a desirable residential setting with convenient access to Lake Stevens amenities, employment corridors, schools, and regional commuter routes, the property benefits from continued population growth and sustained housing demand in Snohomish County. Whether you’re expanding your portfolio or looking for a streamlined project to keep your pipeline active, 1601 Mitchell Road offers a hard-to-find combination of scale, approvals, and readiness. Bring your plans, break ground quickly, and capture the momentum of one of the region’s strongest housing submarkets.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2483256
Property Details
Property Type
- Land
Lot Details
- 3.6 Acre Lot
- Sloped Lot
Schools
- Highland Elementary School
- Cavelero Middle School
- Lake Stevens Snr Hig High School
Community Details
- No Home Owners Association
- Lake Stevens Subdivision
Listing and Financial Details
- Assessor Parcel Number 00562300002100
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/23/2026 02/23/26 | For Sale | $1,000,000 | -- | -- |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2483256
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Based on information submitted to the MLS GRID
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