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Hot Monroe Properties

18950 State Route 2, Monroe
$5,700,000
2505950 MLS ⋅ ACTIVE Status
Compelling investment opportunity for investors & developers seeking both immediate cash flow & long-term upside. Strategically positioned along major corridor w/ strong visibility & convenient access, the property benefits from consistent drive-by traffic and proximity to regional demand drivers, including the Evergreen State Fairgrounds, outdoor recreation, & growing residential communities. This independently operated hotel offers new ownership complete operational flexibility. Investors have option to continue operating or pursue rebranding w/ national or regional flag to enhance market positioning & revenue potential. Features solid existing structure w/ significant value-add potential through renovations, operational improvements, & repositioning strategies. Some upgrades could drive higher average daily rates (ADR) & occupancy levels, aligning the property w/ evolving guest expectations. In addition, the site offers notable redevelopment opportunities. Located along Hwy 2, a key east-west corridor, combined w/ favorable zoning & strong regional growth trends, supports consideration for alternative uses. Potential redevelopment may incl multifamily housing, mixed-use development, or a modernized hospitality concept tailored to current market demand. With continued population growth in Snohomish County & increasing lodging demand and housing in the area, the Inn represents rare opportunity to acquire a well-located asset w/ stable income characteristics.

18950 State Route 2, Monroe

Listing Broker: KW Greater Seattle; Richard C. Buchanan; 206-459-7243; Rich@KendraToddGroup.com

134 th SE St & Ingraham, Monroe
$4,950,000
2506424 MLS ⋅ ACTIVE Status
Exceptional large-scale development opportunity in Snohomish County’s fast-growing Monroe corridor. Located at 134th St SE & Ingraham Rd, this 12.45-acre vacant land site is zoned County R-9,600, in the UGA. A great opportunity for builders, developers, and middle-housing groups seeking scale in a high-demand residential market. Recent critical-area feasibility and wetland delineation work has already been completed, clearly identifying wetlands, stream buffers, and multiple approved buffer-reduction/averaging strategies, giving future ownership a major head start in entitlement planning. Based on preliminary land-planning concepts, the site shows potential for approximately 40–45 single-family lots or an estimated 75–90 multifamily/middle-housing units, subject to final engineering, a critical-area mitigation strategy, plat design, and Snohomish County approval. The parcel benefits from paved frontage on 134th St SE and Ingraham Rd, level topography in the primary build zones, and water, sewer, gas, and electricity available in the street. With wetlands already mapped, clear development pathways outlined in the feasibility report, and multiple density strategies available through county code, this is a rare opportunity for a developer to capitalize on one of Monroe’s most supply-constrained growth corridors. Wetland feasibility identifies multiple reduction methods, including averaging, enhancement, separate tract, and combined methods, to help maximize density potential.

134 th SE St & Ingraham, Monroe

Listing Broker: The Preview Group; Greg Perry; 206-949-7939; gregperry425@gmail.com

14214 Woods Lake Road, Monroe
$1,599,950
4 Beds ⋅ 3 Baths ⋅ 2519462 MLS ⋅ ACTIVE Status
New price. New opportunity. Peaceful, self sustaining retreat. Set on 5 fully fenced acres, this beautifully maintained property offers room for everyone --guests, animals, hobbies, & home based ambitions. The comfortable home features a light filled kitchen w/ high end appliances & informal dining area flowing seamlessly into the family room. Primary suite includes an ensuite bath w/ tiled walk in shower & two walk in closets. There are 3 guest bedrooms plus an additional main floor flex room which could be a bedroom (non-conforming), office, or game room. Above the garage, a separate 517 sq ft guest quarters adds exceptional versatility with 1 bedroom, ¾ bath, kitchenette, propane heat, and hot water tank (sq ft not included in main home calculations). The garage includes a shop & dry storage pantry or remove the temporary walls to restore covered parking. Major updates include a newer roof (2021), furnace (2023), spotless crawl space, and 20k watt propane generator for reliable backup power. 3 stall barn & hayloft is ideal for your four-legged friends. The detached building is approximately 748 sq ft offering excellent potential for a home based business, gym, or workshop --a rare level of flexibility. Outdoor amenities elevate the lifestyle even further with ˜2,500 sq ft garden with deer fencing, orchard (blueberries, plum, cherry, & apple trees) 5050 gal. rainwater collection tank, water runoff management & gated private driveway for enhanced privacy and security.

14214 Woods Lake Road, Monroe

Listing Broker: John L. Scott, Inc.; Cheri Knutson; 206-409-6439; cherik@johnlscott.com

24214 153rd Place SE, Monroe
$1,550,000
4 Beds ⋅ 3 Baths ⋅ 2546739 MLS ⋅ ACTIVE Status
A rare opportunity to own where expansive country living meets exceptional equestrian amenities. Set in scenic Fern Bluff Valley, this Monroe estate unfolds along a tree-lined driveway & opens to peaceful pasture & mountain views. The property offers a distinctive blend of character, space, & functionality. Inside, a dramatic two-story great room features vaulted ceilings, clerestory windows, timber accents, & a floor-to-ceiling stacked-stone fireplace. The inviting kitchen offers shaker cabinetry, granite counters, a 4+ seat breakfast bar, stainless steel appliances, double wall ovens, & a built-in desk. French doors connect the formal dining area to a covered deck for effortless indoor-outdoor living. The main-floor primary suite offers deck access, while an upper bonus/suite provides flexible space with sloped ceilings & skylights. Rustic-modern baths feature distressed-wood vanities, hammered copper sinks, & a walk-in tile shower. Additional highlights include a mudroom/laundry room, covered parking, & a secondary living/media room with fireplace. Equestrian amenities include a 4-to-5-stall monitor-style barn with rubber-matted aisles, automatic waterers, paddock run-outs, hay loft, & heated tack room. A 30' x 40' shop offers concrete floors, high-bay lighting, crane lift, roll-up door, & mezzanine storage. Cross-fenced pastures, manicured lawns, a creek with illuminated footbridge, & timber pergola with fire pit complete this exceptional country retreat.

24214 153rd Place SE, Monroe

Listing Broker: Realogics Sotheby's Int'l Rlty; Neda Perrina; 206-218-8589; neda.perrina@rsir.com

15806 201st Place SE, Monroe
$1,540,000
5 Beds ⋅ 4 Baths ⋅ 2557497 MLS ⋅ ACTIVE Status
A rare opportunity awaits, with special financing incentives offering interest rates as low as 3.75%. The road follows the Snoqualmie River before giving way to a quiet gated enclave, where this Modern Craftsman sits at the edge of the trees, its dark silhouette held by a backdrop of deep green. Inside, walls of glass dissolve the boundary between shelter and forest. Anchoring the great room, a linear fireplace meets a shiplap feature wall; beyond, a covered deck reaches into the canopy. Bathed in first light, the dining room spills outdoors through oversized sliders. The kitchen rewards both serious cooking and weekend gatherings, featuring a professional gas range, double ovens, quartz countertops, and an island beneath statement lighting. A main-level junior suite offers quiet privacy. Upstairs, the primary suite opens to a balcony suspended above the trees, where mornings arrive slowly. Its airy bathroom an invitation to unwind with soaking tub, walk-in shower, dual vanities, and a dressing-room closet. Three additional bedrooms and a generous bonus room complete the upper level. Builder plans in the supplements detail a permitted ADU expansion adjacent to the garage, offering flexible living, a guest retreat, or an investment opportunity. A community trail leads to a sandy riverbank, where kayaks launch easily and summer afternoons linger. Woodinville wine country, Redmond, and historic Snohomish remain within reach.

15806 201st Place SE, Monroe

Listing Broker: Windermere Real Estate/East; Mariah Van Halm; 425-233-7187; mariahvh@windermere.com

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