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$950,000 Just Listed
Property Description
Prime Investment & Development Opportunity in South Everett's Ruggs Lake Community! Rare 1.23-acre (53,579 SF) lot zoned LDMR, allowing 1 unit per 4,000 SF - with rezone potential to MR (1 unit per 2,000 SF), doubling density for townhome or multi-unit development. Based on current zoning, an estimated 10-16 units may be buildable on this lot (buyer to verify with Snohomish County Planning Department). This is a rare opportunity to secure a sizable, flexible parcel in a well-established neighborhood with strong rental demand and limited comparable inventory. Spacious 4-bed, 2.5-bath home (2,335 SF), sold as-is, currently vacant with rental potential of approximately $3,000/mo, offering holding income while permitting and entitlements are finalized. Sewer available in street, simplifying future development costs. Tucked on a quiet dead-end road with community access to Ruggs Lake, the property offers a peaceful setting while remaining minutes from Mill Creek Town Center, shopping, dining, and major employers. With Snohomish County's continued population growth and rising demand for multi-family housing, this property offers a compelling blend of immediate utility and long-term development upside. Ideal for developers pursuing a multi-unit build-out, or investors seeking a buy-and-hold asset with significant appreciation potential. Buyer and buyer's agent to independently verify zoning, unit count, and development feasibility with Snohomish County.
Full Property Details
Full Property Details for 12631 Ruggs Lake Rd
General
- Price: $950,000
- Taxes: $7,601 (2026)
- Status: Active
- Type: Single Family
- Source: NWMLS
- MLS ID: 2581868
- Updated: 10/24/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: Bath Off Primary, Ceiling Fan(s), Dining Room, Fireplace, Water Heater
- Fireplace: Yes
- Number of Fireplaces: 2
- Appliances: Microwave(s), Refrigerator(s), Stove(s)/Range(s)
- Flooring: Ceramic Tile, Hardwood, Carpet
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 1
- 3/4 Bathrooms: 2
- Upper - Full Baths: 1
- Upper - 3/4 Baths: 1
- Lower - 3/4 Baths: 1
Bedrooms
- Total Bedrooms: 4
- Bedrooms Upper: 3
- Bedrooms Lower: 1
Additional Information
- Amenities: Cable TV, Deck, Fenced-Partially, Patio, RV Parking
- Security/Safety: Partially Fenced
Parking
- Garage: Yes
- Attached garage: Yes
- Covered Spaces: 2
- Parking Features: Attached Garage, RV Parking
Location
- Area: 740 - Everett/Mukilteo
- County: Snohomish
- Subdivision: Riverside
- Driving Directions: GPS-friendly: just enter 12631 Ruggs Lake Rd, Everett, WA.
- Direction Faces: Northwest
School Information
- High School District: Everett
- Elementary School: Penny Creek Elem
- Middle School: Eisenhower Mid
- High School: Cascade High
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Heat Pump
- Heating Type: Heat Pump
- Water Heater: Electric
Utilities
- Sewer: Available, Septic Tank
- Water: Public
Structural Information
- Architectural Style: Traditional
- Structure Type: House
- Exterior Const.: Wood
- Basement Desc.: None
- Foundation: Poured Concrete
- Roof: Composition
- Square Feet: 2,335
- Finished Total: 2,335 Sq. Ft.
- Year Built: 1973
- Property Condition: Average
Lot Features
- Lot Size (Acres): 1.23
- Lot Size (Sq. Ft.): 53,579
- Lot Size Source: SCR
- Topography: Level
- Lot Features: Dead End Street, Open Space, Paved
- Trees/Vegetation: Fruit Trees, Garden Space
Financial Considerations
- Tax Amount: $7,601.89
- Tax Year: 2026
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: None
- Inclusions: Leased Equipment, Microwave(s), Refrigerator(s), Stove(s)/Range(s)
- Property ID: 562800004800
- Lot Number: 48
Listed by Edwin G. Tian | Green Path Real Estate | (206) 909-1044
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Schools
Schools serving 12631 Ruggs Lake Rd
School District:Everett School District
| Name | Grades | Distance |
|---|---|---|
Penny Creek Elementary School 4117 132nd Street Southeast, Everett, WA 98208 | K-5 | 0.6 mi |
Eisenhower Middle School 10200 25th Avenue Southeast, Everett, WA 98208 | 6-8 | 1.6 mi |
Cascade High School, Everett, WA 801 East Casino Road, Everett, WA 98203 | 9-11 | 3.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 12631 Ruggs Lake Rd
Date
Details
Price
Change
Source
10/23/2026
Listed
$950,000
46.15%
MLS
3/06/2018
Sold
$650,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 12631 Ruggs Lake Rd
Year
Property Taxes
Change
Tax Assessment
Change
2026
$7,602
5%
$830,900
7%
2025
$7,223
-5%
$776,600
-13%
2023
$7,607
22%
$888,700
35%
2021
$6,216
-4%
$660,000
—
2022
$6,463
4%
$660,000
20%
2021
$6,216
-7%
$552,000
—
2020
$6,714
8%
$552,000
8%
2019
$6,213
-12%
$512,600
-5%
2018
$7,075
9%
$539,300
9%
2017
$6,474
21%
$493,800
15%
2016
$5,350
6%
$428,000
12%
2015
$5,033
17%
$382,200
25%
2014
$4,300
—
$305,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 12631 Ruggs Lake Rd
12631 Ruggs Lake Road, Everett, WA 98208 (MLS# 2581868) is a Single Family property with 4 bedrooms, 1 full bathroom and 2 partial bathrooms. 12631 Ruggs Lake Road is currently listed for $950,000 and was received on October 23, 2026. Want to learn more about 12631 Ruggs Lake Road? Do you have questions about finding other Single Family real estate for sale in East Forest Green? You can browse all East Forest Green real estate or contact a Coldwell Banker agent to request more information.
