Martha Lake Homes with Rehab Loan Terms

Martha Lake Homes with Rehab Loan Terms

Welcome to Martha Lake, a hidden gem nestled in the heart of Lynnwood, Washington. This tranquil neighborhood is renowned for its picturesque surroundings, friendly community, and an abundance of recreational opportunities. Imagine waking up to the serene sounds of nature, with the beautiful Martha Lake just a stone's throw away, offering residents the chance to enjoy kayaking, fishing, and leisurely strolls along scenic trails.

Martha Lake boasts a diverse array of homes, making it an ideal place for families, young professionals, and retirees alike. Whether you're seeking a cozy cottage or a spacious family home, this neighborhood has something to suit every taste and lifestyle. The charming streets are lined with well-maintained properties, and the community spirit is palpable, with neighbors often coming together for local events and gatherings.

For those considering a home purchase, Martha Lake presents a unique opportunity with homes available under rehab loan terms. This means you can invest in a property that may need a little TLC, allowing you to customize it to your liking while potentially increasing its value. With the right vision and a bit of effort, you can transform a house into your dream home in this delightful neighborhood.

Conveniently located near major highways and shopping centers, Martha Lake offers easy access to the vibrant amenities of Lynnwood and beyond. With its blend of natural beauty, community charm, and real estate potential, Martha Lake is not just a place to live—it's a place to thrive. Come and discover the magic of Martha Lake today!

Newest Martha Lake Homes with Rehab Loan Terms

$759,000
2544240 MLS ⋅ ACTIVE Status
Rare development acreage with Larch Way street frontage in high-demand Martha Lake. Huge opportunity for builders, investors, land-bankers, and homesteaders alike. 2.23 acres with medium-density zoning in unincorporated Snohomish County. Preliminary studies indicate potential for 8–10 townhomes (buyer to verify zoning & yield with the County) within the estimated .65 acres of buildable area. Explore townhome or attached development, a single estate home with subdivision/DADU potential, or hold-and land bank. Prefer to settle in? The existing 3-bed/2 bath home is a fixer with room to roam. Live on the acreage as-is, store the RV and boat, add a DADU, and build new over time or rent it to carry your hold through feasibility and permitting. There is currently lots of garden space with mature fruit-producing trees in place, a chicken coop, fenced garden area and plenty of outbuildings for storage. Turn the enclosed garage area into a workshop. Amazing location. Surrounded by the trails of Martha Lake Airport Park and a 5-minute walk to Martha Lake itself. Minutes to I-5/I-405, Alderwood Mall & Mill Creek. Located in the coveted Edmonds School District and squarely in the Lynnwood light-rail corridor with abundant transit as stations advance north. Builders nearby are sold out—here's your next site. Frontage, flexibility, and a path to multiple homes in one of Snohomish County's fastest-absorbing pockets. Bring your vision.

14808 Larch Way, Lynnwood

Listing courtesy of Real Broker LLC.

$759,000
3 Beds ⋅ 2 Baths ⋅ 2544244 MLS ⋅ ACTIVE Status
Rare development acreage with Larch Way street frontage in high-demand Martha Lake. Huge opportunity for builders, investors, land-bankers, and homesteaders alike. 2.23 acres with medium-density zoning and some wetland/buffer areas. Preliminary studies indicate potential for 8–10 townhomes (buyer to verify zoning & yield with the County) within the estimated .65 acres of buildable area. Explore townhome or attached development, a single estate home with subdivision/DADU potential, or hold-and land bank. Prefer to settle in? The existing 3-bed/2 bath home is a fixer with room to roam. Live on the acreage as-is, store the RV and boat, add a DADU, and build new over time or rent it to carry your hold through feasibility and permitting. There is currently lots of garden space with mature fruit-producing trees in place, a chicken coop, fenced garden area and plenty of outbuildings for storage. Turn the enclosed garage area into a workshop. Amazing location. Surrounded by the trails of Martha Lake Airport Park and a 5-minute walk to Martha Lake itself. Minutes to I-5/I-405, Alderwood Mall & Mill Creek. Located in the coveted Edmonds School District and squarely in the Lynnwood light-rail corridor with abundant transit options as stations advance north. Builders nearby are sold out—here's your next site. Frontage, flexibility, and a path to multiple homes in one of Snohomish County's fastest-absorbing pockets. Bring your vision.

14808 Larch Way, Lynnwood

Listing courtesy of Real Broker LLC.

Start Your Search
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.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.