Listed by Kent Bergsagel of Nexthome NW Experts
Rare Lake Stevens development & investment opportunity! An existing home with substantial unfinished space and multiple potential development paths makes this property especially compelling. The 2004-built home features a new roof installed in 2024, an open main living area, primary and guest bedrooms on the main level, and an additional bedroom and bath downstairs. More value potential available in easy home updates. Approximately 1,200 sq ft of unfinished daylight basement provides an opportunity to expand the home's finished living space and/or potentially create ADU space. The property also offers potential for additional development, including a single-family residence, detached ADU or duplex. A large waterproof deck provides covered outdoor space below, and a separate sun/potting room adds even more versatility. Tucked away beside Catherine Creek with mature vegetation and exceptional privacy, this property offers a unique combination of an existing residence, expansion potential and future development possibilities.

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Property Details of 2821 Grade Road

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Listing data courtesy of NWMLS as provided by MLS Grid as of September 9, 2026 8:01 AM UTC . All data is obtained from various sources and has not been, and will not be, verified by broker or NWMLS. All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. Supplied Open House Information is subject to change without notice. Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Listing data shown with the three tree icon are provided courtesy of NWMLS. Some IDX listings have been excluded from this website. IDX information is provided exclusively for consumers’ personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.  The data is deemed reliable but is not guaranteed.

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