Hewitt Avenue – Lake Stevens, WA
Sold Price: $490,000
Property Status: SOLD
Lots: 14
Offer Deadline: June 19, 2019 5:00PM PST
Branch Marketing Group introduces Hewitt Avenue. The offering includes the delivery of property and engineering plans to develop 14 single family residential lots. Homesites will average over 4000SF. The lots have minimum frontages of 40’ and depths from 90’ to 157’.
Hewitt Avenue offers an immediate development opportunity as it was recently granted “approved” construction plans through the City of Lake Stevens. A builder group could be under construction by mid-summer with the potential to market homes in late 2019/early 2020. With the lack of quality development sites, Hewitt Avenue provides a small or production builder the ability to offer affordable product in a proven market and as well as an opportunity to monetize the asset quickly.
The 2.14 acre property will be sold with engineering approval for 14 single family residential lots.
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