50' of Beach Frontage on a 15k sqft Lot with Panoramic Ocean Views. Great for boating, fishing, scuba diving, swimming, snorkeling, kayaking, wind sailing, paddle boards, water skiing, wave runners, etc...A Buyer may build a Single-Family Home or Transport a Prefab or Modular up to 2k sqft by Boat. Utilities may be brought to the property once Plans and Permits have been approved by the City and HOA. No HOA dues are paid till home has been built, then HOA dues will be $115 a month. A Deck & Boat Dock may also be put in. Lot has views of the Sound, Cascades, Mt. Rainier & Everett. Hat Island is only 4 nautical miles from Everett.
Seller's Financing Option: A minimum of 50% down with a 3 year loan period at 5% annual interest rate with a Balloon payment at the end of loan period. 5% annual interest rate requires good credit 700 or higher. If credit is between 650-699, annual interest rate to be 6%. If credit is below 650, then 7%.
Disclosures: Listing agent is owner of property. Listing agent is licensed in another state.