Evergreen Homes with 61 - Comm Bldg Ovr 10K Style

Welcome to Evergreen, a vibrant neighborhood nestled in the heart of Everett, Washington. Known for its lush landscapes and a strong sense of community, Evergreen offers residents a perfect blend of suburban charm and urban convenience. With its picturesque tree-lined streets and well-maintained parks, this neighborhood is ideal for families, professionals, and anyone seeking a peaceful yet connected lifestyle.

Evergreen is strategically located in Snohomish County, providing easy access to major highways and public transportation, making commutes to Seattle and beyond a breeze. The area boasts a rich array of amenities, including shopping centers, restaurants, and recreational facilities, ensuring that everything you need is just a stone's throw away. The local schools are highly regarded, making this neighborhood particularly attractive for families looking to provide their children with quality education.

When it comes to housing, Evergreen features a diverse selection of homes, including spacious properties perfect for those seeking a comfortable living space. The community is characterized by homes with a unique architectural style, often featuring expansive layouts that cater to modern living. With properties exceeding 10,000 square feet, buyers will find ample room for customization and personalization, whether it’s creating a lush garden oasis or designing the ultimate entertainment space.

In Evergreen, you’ll not only find a place to live but a community to thrive in. With its welcoming atmosphere, beautiful surroundings, and an abundance of amenities, Evergreen is more than just a neighborhood; it’s a place you’ll be proud to call home. Come and discover the charm of Evergreen today!

Newest Evergreen Homes with 61 - Comm Bldg Ovr 10K Style

$2,300,000

2475831 MLS ⋅ ACTIVE Status

PRICE ADJUSTMENT - EVERETT 2044 REDEVELOPMENT | MU-7 (7-STORY) | 6.00% CAP RATE A rare 2-parcel assemblage in Everett's highest-velocity growth corridor — offered at $2,30,000 ($2,090,000 main building + $210,000 development parcel). This combined footprint is a textbook Covered Land Play: bankable cash flow today, transformational upside tomorrow. CASH FLOW + VALUE-ADD: 16 existing units — retail storefronts and apartments — deliver a proven 6.00% in-place cap rate at $2,090,000 against the main parcel. Rents sit materially below market, creating an immediate path to compress that gap and drive NOI higher from day one. Underutilized basement and storage areas represent untapped income with minimal capital outlay. THE ASSEMBLAGE ADVANTAGE: Two parcels deliver the depth and scale single-lot sites simply cannot replicate. The development parcel alone represents significant value at $310,000 for a 3,000 SF lot in this corridor. Unlock maximum Floor Area Ratio, optimized parking configurations, and institutional-grade mid-rise construction potential under Everett's new TOD mandates. This footprint is purpose-built for what's coming. EVERETT 2044 VISION: Zoned MU-7 (Mixed Urban, 7-Story) in Everett's designated high-density growth corridor. Positioned on a high-visibility arterial with 30,000+ VPD, steps from the future Sound Transit Light Rail station. The city's blueprint for density is written — this parcel is inside it.

6325 Evergreen Way, Everett

Listing courtesy of KW Everett.

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