For Sale559d on market

16126 Larch Way

Lynnwood, WA, 98087 • Martha Lake • Snohomish County

$2,080,000

1 acLot

Property DNA

4 highlights

Waterfront Property

Direct water access

Lake Views

Lake

Res-Over 1 Acre Style

Res-Over 1 Acre architecture

Martha Lake

Market activity

Demand and pricing signals for this listing

112 views

People checking out this listing

559 days on market

Established listing

About this home

Lot

Townhome or Apartment Development Site. Lake Views from property.

Estimated monthly payment

Based on current rates

$12,952/month

Principal & Interest$10,179

Property Tax$2,080

Insurance$693

Down payment20% ($416,000)

3%50%

Est. 6.19% rate · 30yr fixed · $1,664,000 loan

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At a glance

Key facts and listing details

Property

Home typeLot

Sub-typeUnimproved Land

StyleRes-Over 1 Acre

Systems

Water / SewerAvailable / Available

Parking & Outdoor

Lot1.03 Acres

Location & Tax

NeighborhoodMartha Lake

ZoningMR

Annual tax$7,668

Parcel00373700300800

Features & details

3 categories of property features

Exterior Features

Views

Lake

Utilities

Electricity Available

Natural Gas Available

Gas

Available

Listing insights

Market data and value estimates

StatusFor Sale

Days on market559

Tax rate0.77%

On marketSep 23, 2024

PostedSep 25, 2024

Last sold$692,000

MLS statusContingent

MLS updatedJun 11, 2025

Tour days6

How are the schools in Lynnwood?

3 schools rated nearby

Oak Heights Elementary School

Elementary • Public • K-6

0.6 mi

Brier Terrace Middle School

Middle • Public • 7-8

3.9 mi

Lynnwood High School

High • Public • 9-12

1.3 mi

Location

Lynnwood, WA, 98087

Expand map

Price history

13 events

DateEventPrice$/sqftSource

Jun 11, 2025Listed For Sale$2,080,000—NWMLS as distributed by MLS GRID

Oct 8, 2024Contingent$2,080,000—NWMLS as distributed by MLS GRID

Sep 25, 2024Listed For Sale$2,080,000—NWMLS as distributed by MLS GRID

Jan 6, 2017Sold$692,000—NWMLS as distributed by MLS GRID

Mar 31, 2015Sold$440,000—NWMLS as distributed by MLS GRID

Feb 20, 2015Pending Sale$459,950—Preview Properties, Inc.

Feb 5, 2014Price Change$459,950—Preview Properties, Inc.

Jun 29, 2013Listed For Sale$479,950—Preview Properties, Inc.

Feb 18, 2010Sold$340,000—NWMLS as distributed by MLS GRID

Nov 16, 2009Listing Removed$395,000—Windermere Real Estate/North, Inc.

Oct 23, 2009Price Change$395,000—Windermere Real Estate/North, Inc.

Oct 22, 2009Price Change$400,000—Windermere Real Estate/North, Inc.

Sep 24, 2009Listed For Sale$395,000—Windermere Real Estate/North, Inc.

Listed For Sale$2,080,000

Jun 11, 2025•NWMLS as distributed by MLS GRID

Contingent$2,080,000

Oct 8, 2024•NWMLS as distributed by MLS GRID

Listed For Sale$2,080,000

Sep 25, 2024•NWMLS as distributed by MLS GRID

Sold$692,000

Jan 6, 2017•NWMLS as distributed by MLS GRID

Sold$440,000

Mar 31, 2015•NWMLS as distributed by MLS GRID

Pending Sale$459,950

Feb 20, 2015•Preview Properties, Inc.

Price Change$459,950

Feb 5, 2014•Preview Properties, Inc.

Listed For Sale$479,950

Jun 29, 2013•Preview Properties, Inc.

Sold$340,000

Feb 18, 2010•NWMLS as distributed by MLS GRID

Listing Removed$395,000

Nov 16, 2009•Windermere Real Estate/North, Inc.

Price Change$395,000

Oct 23, 2009•Windermere Real Estate/North, Inc.

Price Change$400,000

Oct 22, 2009•Windermere Real Estate/North, Inc.

Listed For Sale$395,000

Sep 24, 2009•Windermere Real Estate/North, Inc.

Tax history

20 years of records

YearTax paidAssessed value

Apr 7, 2024$5,807$701,400

Apr 7, 2023$7,116$863,200

Apr 7, 2022$7,442$944,100

Apr 7, 2021$7,668$794,300

Apr 7, 2020$7,701$794,300

Apr 7, 2019$9,262$846,700

Apr 7, 2018—$700,000

Apr 7, 2017$7,828$500,000

Apr 7, 2016$4,044$368,700

Apr 7, 2015$4,044$316,200

Apr 7, 2013$2,598$189,900

Apr 7, 2012——

Apr 7, 2011——

Apr 7, 2010——

Apr 7, 2009——

Apr 7, 2008——

Apr 7, 2007——

Apr 7, 2002——

Apr 7, 2001$444$153,700

Apr 7, 2000$446$47,920

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Recently Sold

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Recently Sold

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Neighborhood details

Local context around this listing

Lynnwood, WA • Snohomish County

Nearby neighborhoods

Alderwood ManorMartha LakeNorth Lynnwood

Nearby cities

ArlingtonBothellEdmondsEverettLake StevensLynnwoodMarysvilleMonroe

Nearby zip codes

98036980379804698087

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Value estimates

Live

30yr rate est.6.19%

Affordability$12,360/mo

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Based on information submitted to the MLS GRID as of 2026-04-07 06:28:32 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)

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