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Investment Highlights

  • R-9600 residential zoning supports future development potential.
  • Frontage along State Route 524 provides regional accessibility.
  • Located within the Northshore School District attendance area.
  • Approximately 10.25 acres assembled across five tax parcels.
  • Sewer and utilities are available along the roadway.
  • Near Canyon Park, Mill Creek, retail services, and employment centers.

Executive Summary

2620 Maltby Road presents a rare opportunity to acquire a large residential land holding in Bothell's Thrashers Corner area, one of the most active residential growth corridors in the Northshore market. Comprising approximately 10.25 acres across five tax parcels, the property offers direct frontage along State Route 524 (Maltby Road), providing convenient access to Interstate 405, Downtown Bothell, Mill Creek, Bellevue, and the greater Seattle metropolitan area.
The site is zoned R-9600 residential and benefits from sewer and utility availability along the roadway, creating a compelling opportunity for residential development, land banking, or phased investment strategies. The property's location places it near established retail services, restaurants, grocery stores, schools, and major employment centers throughout the North Creek and Canyon Park submarkets.
In addition to its development potential, the property includes an existing residence and ancillary improvements that may provide interim utility while future plans are evaluated. Mature trees, open areas, and varied topography create a setting that supports a range of residential planning concepts. The Northshore School District, including Canyon Creek Elementary, Skyview Middle School, and North Creek High School, serves the area and contributes to ongoing residential demand.
Large assemblages with zoning flexibility and utility access are increasingly difficult to secure within the Bothell and Mill Creek market. The combination of scale, frontage, residential zoning, and proximity to established amenities positions this property as a notable opportunity for builders, developers, and long-term investors seeking exposure to one of Snohomish County's most desirable residential markets.

Property Facts

Price $30,379,140 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Single Family Development
Total Lot Size 10.25 AC
Zoning R9600 - Single family residential.

1 Lot Available

Lot

Price $30,379,140 CAD
Price Per AC $2,963,818.50 CAD
Lot Size 10.25 AC

10.25-acre residential development site with R-9600 zoning, frontage on Maltby Road (SR-524), utility access nearby, and proximity to Bothell, Mill Creek, retail amenities, and Northshore schools.

Description

2620 Maltby Road is a 10.25-acre residential land holding located in Bothell, Washington, along State Route 524 (Maltby Road). The property is zoned R-9600 residential and consists of five tax parcels, offering substantial scale for future residential development. The site benefits from roadway frontage, utility availability along the street, and convenient access to Interstate 405, Downtown Bothell, Mill Creek, and the broader Seattle metropolitan area. The property features a mix of open land, mature trees, and natural landscape elements that create a private setting while remaining close to established residential neighborhoods, retail centers, restaurants, schools, and employment hubs. An existing residence and accessory improvements are located on the property and may provide interim use while future development plans are evaluated. Positioned within the Northshore School District and surrounded by ongoing residential growth, the site offers a combination of land area, accessibility, and zoning that is increasingly difficult to find in the Bothell market. Its location within the Thrashers Corner area places it near major community amenities while maintaining direct access to regional transportation corridors.

Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Not bikeable
10/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 270520-003-020-00
  • 270520-003-024-00
  • 270520-003-036-00
  • 270520-003-023-00
  • 270520-003-019-00
Land Assessment
$1,596,838 CAD
Improvements Assessment
$1,651,244 CAD
Total Assessment
$3,248,082 CAD
  • Listing ID: 41732199

  • Date on Market: 2026-08-13

  • Last Updated:

  • Address: 2620 Maltby Rd, Bothell, WA 98012

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