Pinehurst Homes with 61 - Comm Bldg Ovr 10K Style

Pinehurst Homes with 61 - Comm Bldg Ovr 10K Style

Welcome to Pinehurst, a hidden gem nestled in the heart of Everett, Washington. This charming subdivision in Snohomish County offers a delightful blend of suburban tranquility and urban convenience, making it an ideal choice for families, professionals, and retirees alike.

Pinehurst is characterized by its picturesque streets lined with mature trees, well-maintained parks, and a strong sense of community. Here, you’ll find a variety of homes that cater to diverse lifestyles and preferences. One of the standout features of this neighborhood is the availability of homes with over 10,000 square feet of commercial building space, providing excellent opportunities for those looking to invest in both residential and commercial properties.

The architectural styles in Pinehurst are as varied as its residents, ranging from classic single-family homes to modern builds designed with today’s amenities in mind. Many properties boast spacious yards, perfect for outdoor gatherings, gardening, or simply enjoying the Pacific Northwest’s stunning natural beauty.

Living in Pinehurst means you're just a stone's throw away from Everett's vibrant downtown, where you can explore an array of restaurants, shops, and cultural attractions. The community is also conveniently located near major highways, making commutes to Seattle and surrounding areas a breeze.

Whether you’re searching for your dream home or a strategic investment opportunity, Pinehurst in Everett, WA, offers a unique blend of charm, convenience, and potential. Come discover this thriving community and see why so many are proud to call Pinehurst home!

Newest Pinehurst Homes with 61 - Comm Bldg Ovr 10K Style

$2,300,000
2475831 MLS ⋅ ACTIVE Status
PRICE ADJUSTMENT - EVERETT 2044 REDEVELOPMENT | MU-7 (7-STORY) | 6.00% CAP RATE A rare 2-parcel assemblage in Everett's highest-velocity growth corridor — offered at $2,30,000 ($2,090,000 main building + $210,000 development parcel). This combined footprint is a textbook Covered Land Play: bankable cash flow today, transformational upside tomorrow. CASH FLOW + VALUE-ADD: 16 existing units — retail storefronts and apartments — deliver a proven 6.00% in-place cap rate at $2,090,000 against the main parcel. Rents sit materially below market, creating an immediate path to compress that gap and drive NOI higher from day one. Underutilized basement and storage areas represent untapped income with minimal capital outlay. THE ASSEMBLAGE ADVANTAGE: Two parcels deliver the depth and scale single-lot sites simply cannot replicate. The development parcel alone represents significant value at $310,000 for a 3,000 SF lot in this corridor. Unlock maximum Floor Area Ratio, optimized parking configurations, and institutional-grade mid-rise construction potential under Everett's new TOD mandates. This footprint is purpose-built for what's coming. EVERETT 2044 VISION: Zoned MU-7 (Mixed Urban, 7-Story) in Everett's designated high-density growth corridor. Positioned on a high-visibility arterial with 30,000+ VPD, steps from the future Sound Transit Light Rail station. The city's blueprint for density is written — this parcel is inside it.

6325 Evergreen Way, Everett

Listing courtesy of KW Everett.

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