20505 111th avenue southeast

One of a Kind Opportunity with $400k in equity and $600k in ARV value! This home is truly special, underrated, under-appreciated, and under-valued LISTING of 6+ acres w/ private gate & 3-kitchens! Home is set on remarkable land near Echo Falls Golf Course with its own private lake for year-round fishing with sons or grandchildren, mature trees, incredible bones, beautiful natural light, and a floor plan that simply works. While not well maintained recently, it’s ready for someone with vision to restore and elevate it to its full potential with refreshed finishes. Seller and Lender have agreed to terms and need strong buyer & offer to satisfy Lien Holder for closing. The Tax value is $2,187,600 & estimated ARV of over $2.4M!! Listing office has contractor in place for assisting at great value and Landscaper to revitalize the property to prior beauty! Exceptional value for location, structure, and opportunity with mulitple kitchens for multi generational living or rentals if new design prefers that. AIRBNB Short Term Rentals, long-term guests, assisted living, home-based business, Travel RN leases, or entertaining. Grounds are overgrown now and it needs work, but 2016 photos (from previous listing) reveal the potential. Don’t scroll past or overlook this one; bring your offer and make this extraordinary property your own. Closing needs to be by end of August or new price may need to be established. Never get a chance like this amazing property in Snohomish County!