37 XX 48th Avenue S, Auburn, WA 98001

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Listing Broker: Windermere Prof Partners; Greg Devey; ; Selling Office: Windermere RE/Lake Tapps, Inc.

Sold Price
$14,000
List Price
$20,000
Status
SOLD
MLS#
2432032
Closing Date
Nov 14, 2025
Days on Market
53
Lot Size (sq ft)
9,600

Property Description

This private, quiet parcel presents a compelling investment opportunity due to its prime location near freeways, schools, lakes, and parks. The R4 zoning allows for versatile development options, such as single-family homes, duplexes, or manufactured homes, making it attractive for developers or individual buyers aiming to capitalize on the growing demand for residential properties near recreational amenities. The property's value is poised for significant appreciation once sewer infrastructure is installed. Buyers to verify all information and do all feasibility work.

Additional Information

Community
5 Mile Lake
Style
40 - Res-Less thn 1 Ac
Zoning Jurisdiction
County
Restrictions
No Restrictions
Features
Brush, Lightly Treed, Partially Cleared
View
Territorial
Sewer
Not Available
Tax Year
2025
School District
Fife
Potential Terms
Cash Out, Conventional, Lease Purchase, VA Loan
Driving Directions
From Military Rd S, head East on S 368th St. Right on 47th Ave S to end of the road. Property is approx 120 feet E & 40 Ft S. Please do not block neighbors R.O.W.
Based on information submitted to the MLS GRID as of . 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.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Calculator source: Real Geeks