LKV Realty
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George CaudillPacific Properties
$985,000
3610 NE 197th Street, Lake Forest Park, WA 98155Listing ID 2543169

3610 NE 197th Street, Lake Forest Park, WA 98155

Active
Lake Forest Park
Last updated: Aug 8, 2026
Property Type
Property Type
Land
Property Sub Type
Property Sub Type
Land
Acres
Acres
0.43
Parking
Parking
Garage

This 18,540 sf Lk Forest Park property presents a rare opportunity to acquire a generous parcel of land w/future development potential. The expansive lot is the true centerpiece of this offering, providing ample space for a variety of dev. possibilities, expansion plans, or long-term investment strategies, subject to buyer verification of zoning & municipal requirements. The size/layout of property offer flexibility that's becoming increasingly difficult to find, making it especially appealing to developers & investors. Whether your vision includes adding multiple DADUs, subdivision opportunities, custom constr. or a strategic land hold, the property's value is firmly rooted in its development potential. Adding to the appeal is the existing 4 bed/2.5 bath home, which provides an immediate source of rental income while development plans are explored. Rather than being the primary focus, the residence serves as a valuable holding asset that can generate cash flow & help offset ownership costs during the planning and entitlement process. This creates an attractive combo of current income & future upside. For buyers who recognize the increasing scarcity of developable parcels, this property offers the opportunity to secure land today while maintaining income-producing use of the existing home. The combination of location, usable land & redevelopment potential makes this a compelling investment for property's long-term value. (Back section of lot is fenced separately & unused)

Property Information

Property Details

Location

Address
3610 NE 197th Street
County
King
City
Lake Forest Park
Zip Code
98155
Subdivision
Lake Forest Park
School District
Shoreline
High School
Shorecrest High
Elementary School
Lake Forest Park Ele
MLS Area
720 - Lake Forest Park

Building

Garage and Parking

Parking Features
Garage

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$3,678
Tax Year
2026
Source: Northwest Multiple Listing Service
Northwest Multiple Listing Service logo

Based on information submitted to the MLS GRID as of 17 Aug 2026, 01:14 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.

For corrections to this data please contact Brytecore MLS Support.

NWM46765

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.