King County, Lake Forest Park, WA 98155
3 bd2 ba2,260 sfBuilt 1968
Gross spread$300,000
Description
3520 NE 204th St, Lake Forest Park, WA 98155 · APN [contact details hidden] · King County SFH · 3 Bed / 2 Bath · 2,260 SF · 26,040 SF Lot (0.60 ac) · Built 1968 · Vaulted Ceilings · New Roof (2022) · RS 9600 Zoning · No HOA Asking Price: $850,000 Estimated ARV: $1,150,000 Estimated Repairs: $110,000 (light cosmetic refresh) Gross Spread: $190,000 A 3 bed / 2.75 bath, 2,260 SF single-family home on a rare 0.60-acre private wooded lot in coveted Lake Forest Park. Original-owner care, well-maintained, and set up for a light cosmetic refresh that unlocks a $1.1M–$1.2M retail price band. Vaulted ceilings, arched picture windows, 920 SF wraparound deck already in place. Roof only 4 years old. Located a 5-minute drive to I-5 and inside the highly-rated Shoreline School District boundaries. You will not find another 0.60-acre parcel in Lake Forest Park under $1M this quarter — the lot alone anchors the value. The house is a rambler-style with vaulted ceilings and character features that show beautifully after paint, floors, and a kitchen/bath refresh. This is a light cosmetic play — keep the kitchen cabinets, retile the bathrooms, scrape the popcorn, throw down LVP, and this trades at $1.15M. Roof, deck, and structure are all in the "leave it alone" column. Property Details ADDRESS: 3520 NE 204th St, Lake Forest Park, WA 98155 COUNTY / APN:King · [contact details hidden] BEDS / BATHS: 3 / 2 LIVING SF: 2,260 SF (all above grade) LOT SIZE: 26,040 SF · 0.60 acre YEAR BUILT: 1968 STORIES: 1 (with vaulted ceilings) STYLE: Rambler / Single-Level ROOF: Composition · 4 years old HEAT / COOL: Electric baseboard · No AC WATER / SEWER: Public / Public ZONING: RS 9600 (Lake Forest Park) SCHOOL DISTRICT: Shoreline SD PARKING: Open deck / driveway (no garage) DECK / PATIO: 920 SF wraparound deck OCCUPANCY: Vacant and ready to close Comparable Sales ARV of $1,150,000 is anchored to size-weighted comps within Lake Forest Park 98155, all within 12 months. Subject at 2,260 SF supports $488–$510/SF at retail post-refresh. 19563 38th Ave NE - Sold July 2026, $1,155,000, 2,251 sqft (Remodeled) 3021 NE 201st Pl - Sold June 2026, $1,075,000, 2260 sqft (Not remodeled) 19421 46th Ave NE - Sold 06/24/26, $1,375,000, much smaller lot (Fully remodeled) Where This Sits & Who It's For Location: 3520 NE 204th St sits in the Lake Forest Park 1st Addition subdivision, a quiet residential pocket less than a 5-minute drive to I-5. Half a mile to the Burke-Gilman Trail. Convenient to Town Center, Third Place Books, and Lake Washington waterfront. Shoreline School District (Lake Forest Park Elementary, Kellogg Middle, Shorecrest High). Optional Lake Forest Park Civic Club membership grants deeded Lake Washington beach access, boat launch, and clubhouse. NOTES: THIS HOME/PROPERTY IS ACTIVELY UNDER CONTRACT WITH OUR COMPANY. NO UNAUTHORIZED OR UNSCHEDULED SITE VISITS ARE ALLOWED. Please contact me to get info related to investor/contractor walkthrough date/time or setting up a private tour. Earnest money deposit: $15,000 Closing date: September 15, 2026 or sooner (ready to close ASAP)
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