2531 187th PL SE Bothell, WA 98012

Investor / Developer Opportunity! Value is in the land. This 1,817 sq ft single-family home featuring 3 bedrooms and 2.5 baths sits on a prime 1 acre parcel that is fully approved for a 6-lot subdivision—offering a rare, shovel-ready development opportunity. All permits, engineering, and plans are in place, allowing for a seamless transition to construction and significantly reducing timeline, risk, and holding costs. The existing home provides potential interim rental income. Ideally located in a desirable and rapidly growing area, the property is surrounded by established neighborhoods with convenient access to schools, shopping, dining, and major commuter routes. Opportunities like this—where approvals are already secured—are increasingly hard to find. Bring your vision and capitalize on this ready-to-build development site!