15550 84th Avenue NE Kenmore, WA 98028

Sold on 03/15/2024

$2,975,000 ^(USD)

0.86

ACRES

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Description

This is a bankruptcy auction. Upcoming Auction March 1. OFFERS ARE DUE FEB 26 FOR COMMITTEE REVIEW. Closing March 12. Approved plans for 5 elder care homes, ground is level and ready to go. All liens will be paid off by escrow at closing, buyer will inherit a clean title. Finding a landlord for the exit. Site allows for 10 single family homes, however restarting entitlements on this site will prove to be very costly. 1.5M gross profit potential on the current business plan.

MLS #:
2202109

Lot Size
0.86 acres

Type
Land

Style
Res-Less Thn 1 Ac

School District
Northshore

County
King County

Community
Kenmore

Listed By

Steven Weber, Windermere Nw

Bought with
Non Member Zdefault, Znonmember-Office-Mls

Source
Northwest MLS as distributed by MLS Grid
Last checked Nov 8 2025 at 5:23 AM GMT+0000

Bathroom Details

Subdivision

Kenmore

Utility Information

Utilities: Natural Gas Available, Electricity Connected
Sewer: On Property

Listing Price History

Date

Event

Price

% Change

$ (+/-)

Feb 21, 2024

Original Price

$2,050,000

Additional Listing Info

Buyer Brokerage Compensation: 2.5

Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.

Disclaimer: Based on information submitted to the MLS GRID as of 11/7/25 21:23. All data is obtained from various sources and may not have been verified by Windermere Real Estate Services Company, Inc. 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.