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Listed by:John L. Scott Skagit • Liz Mauricio
$ 750,000
Est. payment /mo
New
0 NHN E Blackburn Mount Vernon, WA 98274
1.18 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Mount Vernon
MLS Listing ID 2532981
Style 41 - Res-Over 1 Acre
Annual Tax Amount $1,993
Lot Size 1.180 Acres
Property Sub-Type Land
Property Description
Builder/Developer Opportunity in Growing Skagit County!! Zoned R-1 the potential for multiple housing units under the new Washington Housing Reform offers opportunities for higher-density residential projects. This makes the property an attractive investment for builders, developers, and investors seeking to meet growing housing demand in Skagit County. High-density 51,000+ sqft residential development infill site in the City of Mount Vernon has utilities available at the street and is conveniently located on street frontage, close to schools, shopping, and transportation corridors. This property offers significant potential for fee simple townhomes, cottage housing, missing-middle housing, stacked flats, or other residential development concepts that could yield 24-32 units, or more depending on the project. Buyers should verify development potential with the city. Recent Washington housing legislation may create opportunities for higher-density residential development than previously permitted. Data projections estimate 7,500+ new units are required county wide over the next five years to stabilize the housing market and address the housing supply gap. Secure your potential earnings NOW before this opportunity is gone!
Location
State WA
County Skagit
Area 835 - Mount Vernon
Interior
Fireplace false
Exterior
Utilities Available Electricity Available, Natural Gas Available
View Y/N Yes
View Mountains
Building
Lot Description Curbs, Paved, Sidewalk
Sewer In Street
Water In Street
Schools
Elementary Schools Jefferson Elem
Middle Schools Mount Baker Mid
High Schools Mount Vernon High
School District Mount Vernon
Others
Senior Community No
Acceptable Financing Cash
Listing Terms Cash
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Nearby Schools & Businesses
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