PROPERTIES FOR SALE

16226 Larch Way #1 & 2 Lynnwood, WA 98087

NWMLS Courtesy of Eleet Properties NW
16226 Larch Way #1 & 2
Lynnwood, WA 98087
$1,795,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
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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.

Property Features

Community: Martha Lake
Duplex
View: Lake
View: Mountain(s)
Deck
Gas Available
Propane
Rooftop Deck
RV Parking
Exterior: Cement/Concrete
Exterior: Metal/Vinyl
Exterior: Stone
Exterior: Wood
Roof: Metal
Year Built: 1940
2025 Taxes: $7703.00
Buyer Broker Comp.: 2%
Listing #: 2463970

Lot Details

Lot Size: 0.30 acres
Open Space
Paved
Secluded
No. of Units: 2

Interior

Cooling: Other – See Remarks
Heating: Wall Unit(s)
Electric

Common Features

Basement
Elevator
Storage
See Remarks

Schools

District: Edmonds
Call or Email:
Grace Wamwere

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Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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