1601 mitchell

1601 Mitchell Road presents a rare, shovel-ready 8 lot short plat in the rapidly growing Lake Stevens market. This ±3.6-acre site is fully entitled and approved by the City of Lake Stevens for 8 residential lots, allowing a developer to bypass the lengthy permitting process and move directly to construction. All major approvals are in place, making this an ideal project for a small-to-mid sized builder seeking their next efficient, lower-risk build with strong upside potential. With development timelines shortened and holding costs reduced, investors can focus capital on execution rather than entitlement. Located in a desirable residential setting with convenient access to Lake Stevens amenities, employment corridors, schools, and regional commuter routes, the property benefits from continued population growth and sustained housing demand in Snohomish County. Whether you’re expanding your portfolio or looking for a streamlined project to keep your pipeline active, 1601 Mitchell Road offers a hard-to-find combination of scale, approvals, and readiness. Bring your plans, break ground quickly, and capture the momentum of one of the region’s strongest housing submarkets.