Snohomish County, Lake Stevens, WA 98258

Address: 7124 State Route 92, Lake Stevens, WA 98258 Asking Price: $450,000 ARV: $685,000 Rehab Estimate: $85,000 Gross Spread: $150,000 ═══════════════════════════════════════ Rare multi-dwelling compound on 1+ acres in the Granite Falls corridor of unincorporated Snohomish County. Main manufactured home + attached MIL/ADU with owned solar + detached 2-story workshop with electric elevator + 2-car garage — all on a flat, mostly cleared 1.02-acre parcel. Roofs on ALL buildings replaced 3 years ago. Septic pumped recently. Rare overall value — a compound with real rental optionality, in an appreciating rural corridor with a solid margin. ═══════════════════════════════════════ PROPERTY SNAPSHOT MAIN HOME (Manufactured, 1987) • 3 bed / 2 bath / 1,782 sqft (open concept) • Foundation: Pier (cash/chattel only for retail resale — permanent retrofit ~$20K if desired for conventional exit) • Roof: Composition shingle, 3 years old • Heat: Forced air (furnace) • Water: Well • Sewer: Septic (pumped July 2026, functional) ADDITIONAL STRUCTURES • Attached MIL/ADU: 2 bed / 1 bath with owned solar power • Attached 2-car garage • Detached 2-story workshop / "barn" with ELECTRIC ELEVATOR to 2nd floor • Combined attached garage/ADU footprint: ~2,304 sqft • CAT6 wiring in all garage structures LOT • 1.02 acres (44,431 sqft) • Flat, mostly cleared, easy to work • Zoning: R-5 • Flood Zone X (minimal risk) • Direct SR-92 frontage — non-shared private driveway ═══════════════════════════════════════ ROOM-BY-ROOM WALKTHROUGH MAIN HOME • Living/Dining: GOOD — open layout, cluttered from seller move-prep, solid bones • Kitchen: FAIR — wood cabinets dated but usable, old appliances, worn floor • Primary Bath: POOR — carpet flooring, fiberglass surround, wallpaper • Secondary Bath: GOOD — already remodeled by seller (keep as-is) • Bedrooms (3): GOOD walls/ceilings — carpets 3 yrs old • Laundry: FAIR — functional • Front Deck: NEEDS WORK MIL / ADU (Attached to detached garage) • Currently mid-renovation (flooring in progress, bath partial) • Cosmetic refresh needed for rent-ready • Owned solar feed from garage roof panels WORKSHOP / BARN (2-story detached) • Workshop-style incomplete finish • Electric elevator between floors (unique feature) • Excellent for business, storage, or hobby use ═══════════════════════════════════════ LOCATION • Unincorporated Snohomish County • Granite Falls School District • Direct SR-92 (Granite Falls Highway) frontage — private non-shared driveway • 12 min to downtown Granite Falls • 20 min to Lake Stevens core • 40 min to Everett • 60 min to Seattle • Adjacent to Pilchuck River area • Rural residential setting ═══════════════════════════════════════ DISCLOSURES — BUYER TO VERIFY ═══════════════════════════════════════ Property sold STRICTLY AS-IS. Home is under contract directy with us. Home/Property is currently occupied - NO UNSCHEDULED OR UNAUTHORIZED SITE VISITS FOR ANY REASON. Please message me if you have questions, would like more info or would like to confirm for next week's investor walkthrough. Thanks, Jarrett