Investment Opportunity + Development Potential! [.27 Acre, next to Silver Lake] Zoned UR3, allowing multi-family dwellings up to 4 Floors height. Preliminary plans were done for Multifamily building or Townhomes. Currently built on lot is a 1-1/2 story 1472 sf Home w/ unfinished Basement & tuck under garage. Partially covered deck leads to a large Back yard w/ fruit trees adding natural privacy. Near I-5, park & ride, future light rail stations, Boeing, Paine field airport, restaurants and shopping. Conveniently located near multiple parks & walking trails around the lake with serene views. Whether you’re looking for a single-family home with plenty of space or to invest in possible use of land, this spacious lot offers many possibilities!