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Hot Monroe Properties

$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 courtesy of KW Greater Seattle.

$1,949,000
5 Beds 4 Baths 2530649 MLS ACTIVE Status
[ICONIC NORTHWEST CRAFTSMAN + DADU] Acreage, versatility plus craftsmanship. Pacific Northwest style for those seeking room to grow, space to gather, or a private sanctuary to call home, this remarkable estate delivers an extraordinary lifestyle. Tucked up next to a protective greenbelt and set just moments North of Monroe and within commuting distance to Redmond employment hubs and Boeing in Everett, this exceptional estate home offers a rare blend of privacy, functionality and Northwest charm. A long paved drive welcomes you to a thoughtfully designed home surrounded by towering evergreens, manicured grounds, and an atmosphere of complete tranquility. The main residence is warm and inviting, featuring spacious living areas, soaring ceilings, rich natural finishes & abundant windows that frame the surrounding landscape. Designed for both everyday comfort and effortless entertaining. The home flows seamlessly between indoor and outdoor living spaces creating a true retreat from the pace of daily life with large rooms, Chef inspired Kitchen and high end finishes. A standout feature of this property is the detatched ADU offering beautifully finished 2 bedrooms, full kitchen, laundry, fenced yard and 2-car garage. Adding an additional 986 sf of beautifully finished living space for guest accommodations or multi generational living. The main residence blends bold modern architecture with warm Northwest style. An oversized 3-car garage with abundant storage and additional Parking.

11805 289th Drive SE, Monroe

Listing courtesy of Coldwell Banker Bain.

$1,699,000
4 Beds 3 Baths 2519462 MLS ACTIVE Status
This is more than a property it’s a 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 is 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. Paddocks are virtual image. The detached building is approx 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 gallon rainwater collection tank & gated private driveway for enhanced privacy and security.

14214 Woods Lake Road, Monroe

Listing courtesy of John L. Scott, Inc..

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