12631 Ruggs Lake Road, Everett, WA 98208

Everett
Local realty services provided by:RSVP Brokers ERA
Listed by: edwin g. tian
Office: green path real estate
MLS#:2581868
Source:NWMLS
12631 Ruggs Lake Road,Everett, WA 98208
$950,000
  • 4 Beds
  • 3 Baths
  • 2,335 sq. ft.
  • Single family
  • First Look

Price summary

  • Price:$950,000
  • Price per sq. ft.:$406.85

About this home

Prime Investment & Development Opportunity in South Everett's Ruggs Lake Community! Rare 1.23-acre (53,579 SF) lot zoned LDMR, allowing 1 unit per 4,000 SF — with rezone potential to MR (1 unit per 2,000 SF), doubling density for townhome or multi-unit development. Based on current zoning, an estimated 10–16 units may be buildable on this lot (buyer to verify with Snohomish County Planning Department). This is a rare opportunity to secure a sizable, flexible parcel in a well-established neighborhood with strong rental demand and limited comparable inventory. Spacious 4-bed, 2.5-bath home (2,335 SF), sold as-is, currently vacant with rental potential of approximately $3,000/mo, offering holding income while permitting and entitlements are finalized. Sewer available in street, simplifying future development costs. Tucked on a quiet dead-end road with community access to Ruggs Lake, the property offers a peaceful setting while remaining minutes from Mill Creek Town Center, shopping,...

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Home facts

  • Year built:1973
  • Subdivision & Development:Riverside
  • Listing ID #:2581868
  • Updated:October 24, 2026 at 03:58 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Full bathrooms:1
  • Flooring:Carpet, Ceramic Tile Floor, Hardwood
  • Kitchen Description:Microwave, Refrigerator
  • Bedroom Description:Lower Level Bedrooms : 1, Upper Level Bedrooms : 3
  • Living area:2,335 sq. ft.

Heating and cooling

  • Heating:Heat Pump

Structure and exterior

  • Roof:Composition
  • Year built:1973
  • Building area:2,335 sq. ft.
  • Lot area:1.23 Acres
  • Lot Features:Dead-end Street, Open Space, Paved
  • Architectural Style:Traditional
  • Construction Materials:Wood Exterior Finish
  • Exterior Features:Deck, Fenced-Partially, Patio
  • Foundation Description:None
  • Levels:Multi/Split

Schools

  • High school:Cascade High
  • Middle school:Eisenhower Mid
  • Elementary school:Penny Creek Elem

Utilities

  • Water:Public
  • Sewer:Available, Septic Tank

Finances and disclosures

  • Price:$950,000
  • Price per sq. ft.:$406.85
  • Tax amount:$7,602 (2026)

Features and amenities

  • Appliances:Refrigerator
  • Amenities:Cable TV, Ceiling Fan(s), Water Heater

Parking

  • Total parking spaces:2
  • Parking description:Attached Garage, RV Parking
  • Garage:Yes
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