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  • Listed by: COMPASS
    Price cut: $395K (3/30)
    $990,000

    12514 Chain Lake Road, Snohomish, WA 98290

    --beds
    --baths
    7.83Acres
    Unimproved Land
    Built in ----
    7.83 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Mature treesQuiet rural-residential environmentTwo cleared building sitesOpen space
    Explore the possibilities on this 7.8 acre property spanning two parcels in the sought after Chain Lake area, just minutes from Monroe. This rare offering delivers scale, flexibility, and long term upside for builders, investors, or buyers seeking a custom estate setting. Zoned R5, there are two cleared building sites, creating multiple paths for development, buyer to determine viability of a 3rd lot. Options include a primary residence with a second home or DADU, multi generational living, or a phased build strategy. A 480 sq ft tiny home, 1br 1ba, is already in place and can be used for interim living, rental income, or project support for planning and construction. Set in a quiet rural-residential environment with mature trees and open space, the property offers peace and privacy. Enjoy easy access to Chain Lake for non-motorized recreation, nearby parks and trails, downtown Monroe, shopping, dining, schools, and the Evergreen State Fairgrounds. An opportunity to secure usable acreage with multiple build options in a prime Snohomish County location.
    69 days
    |
    277
    |
    11
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Ben Kaufman,

    COMPASS,

    Nicole Allen,

    COMPASS

    Source: NWMLS as distributed by MLS GRID,MLS#: 2476293MLS Logo

      Facts & features

      Interior

      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 0

      Property

      Features
      • Has view: Yes
      • View description: Territorial
      Lot
      • Size: 7.83 Acres
      • Features: Paved, Brush, Corners Flagged, Evergreens, Garden/Fruit Trees, Partially Cleared, Pond, Stream/Creek
      • Topography: Level,Sloped
      Details
      • Parcel number: 28062500401800
      • Zoning: R5
      • Zoning description: Residential,Jurisdiction: County
      • Special conditions: Standard

      Utilities & green energy

      • Electric: On Property
      • Gas: Not Available
      • Sewer: Not Available, Septic Design Installed
      • Water: Available, In Street, On Property
      • Utilities for property: Electricity Connected, Septic Design Installed

      Community & HOA

      Community
      • Features: Park, Playground, Trail(s)
      • Subdivision: Monroe
      Location
      • Region: Snohomish

      Financial & listing details

      • Tax assessed value: $560,700
      • Annual tax amount: $6,760
      • Date on market: 2/3/2026
      • Cumulative days on market: 71 days
      • Listing terms: Rehab Loan
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,952/mo

        Price history

        Price history
        DateEventPrice
        3/30/2026Price change$595,000-39.9%
        Source: NWMLS as distributed by MLS GRID #2488706 Report a problem
        3/30/2026Price change$990,000+58.4%
        Source: NWMLS as distributed by MLS GRID #2476293 Report a problem
        3/6/2026Price change$625,000-40.5%
        Source: NWMLS as distributed by MLS GRID #2488706 Report a problem
        2/4/2026Listed for sale$1,050,000
        Source: NWMLS as distributed by MLS GRID #2476293 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$4,658 +6.9%$560,700 +7.4%
        2023$4,356 -1.9%$521,900 -10.5%
        2022$4,441 +12%$583,200 +42.2%
        2021$3,966 +11.1%$410,200 +13.2%
        2020$3,572 -2.4%$362,400 -0.7%
        2019$3,660 -25.3%$364,900 +20%
        2018$4,898 +53.6%$304,100 +41.6%
        2017$3,189 +36.2%$214,700 +18.6%
        2016$2,341 $181,100 +10.6%
        2015$2,341 +9.9%$163,800 +20.8%
        2013$2,130 $135,600
        2012-- --
        2011-- --
        2010-- --
        2009-- --
        2008-- --
        2007-- --
        2002-- --
        2001$1,804 $122,000

        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 98290

        Getting around

        4 / 100
        Car-Dependent
        15 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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