15
$1,650,000
10 bd · 6 ba · 3,960 sqft
2627 205th Place SW, Lynnwood, WA
Vasi Nemes Jr · 206 REALTY LLC
Est. $10,307/mo$543/sqft · 185 days on Realty
9
Beds
4
Baths
2,948
Sqft
1955
Built
Exceptional Income-Producing Adult Family Home Opportunity in Prime Lynnwood Location! Rare opportunity to own an established Adult Family Home business and real estate together in a highly desirable Lynnwood location, conveniently close to medical facilities, shopping, services, and key amenities.This nearly 3,000 sq. ft. Home offers the perfect blend of care business income and residential comfort, featuring spacious owner/family living upstairs with 3 bedrooms, while the lower level offers 6 bedrooms, including potential caregiver room, designed for efficient AFH operations. Home is license for 6, but Currently operating with 2 residents generating $10,000/month income. This property presents immediate cash flow with upside potential for experienced operators or investors looking to expand. Ideal for buyers seeking to add a second Adult Family Home near an existing operation, or those entering the industry with a turnkey opportunity. The conveniece of a living space and business downstairs is an appealing opportunity to grab. Saves you plenty on mortgage payments. Imagine filling this home with your desired residents! Save yourself the hassle of having to remodel a home from scratch and make this your own. Could be licensed upto 8 residents with living quarters upstairs. How about that for economies of scale.
Listing agent
Demba Baldeh
Courtesy of Skyline Properties, Inc.
(425) 319-0884
Northwest Multiple Listing Service (NWMLS) · Listing NWM2510101
$320,000
Estimated monthly payment
$10,307/mo
Loan amount $1,280,000. Estimate only — your actual rate and payment depend on credit, location, and lender.
Northwest Multiple Listing Service (NWMLS)This content last refreshed on 2026-11-01 01:05:05 UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

School ratings (A+ to F) from HJN community data.
Martha Lake Elementary School
KG-6 · Regular · Edmonds School District
545 students · 14.6:1 student–teacher
Alderwood Middle School
7-8 · Regular · Edmonds School District
679 students · 20.3:1 student–teacher
Early Childhood Center
PK-KG · Special Education · Edmonds School District
397 students · 42.1:1 student–teacher
Lynwood High School
9-12 · Regular · Edmonds School District
1,335 students · 22.1:1 student–teacher
Redemption Evangelical Lutheran
1-5 · Regular
9 students · 8.2:1 student–teacher
Oak Heights Elementary School
KG-6 · Regular · Edmonds School District
526 students · 14.9:1 student–teacher
Hazelwood Elementary School
KG-6 · Regular · Edmonds School District
419 students · 14.3:1 student–teacher
Spruce Elementary School
KG-6 · Regular · Edmonds School District
632 students · 14.8:1 student–teacher
Within 2 miles of this home: 37+ restaurants and cafés, 7 grocery stores, 27 parks and green spaces, and 24+ transit stops.
Place data from OpenStreetMap.
Starbucks
Alderwood Mall Parkway
Sharetea
Alderwood Mall Parkway
Chili Basil Thai Grill
Thai restaurant · Alderwood Mall Parkway
Shake Shack
Alderwood Mall Parkway
Fogo de Chão
Paris Baguette
Narista
184th Street SW
Dave & Buster's
American restaurant · Alderwood Mall Parkway
H Mart
Asian restaurant
Whole Foods Market
196th Street SW
Fred Meyer
164th Street SW
JD's Market
Indian restaurant · 198th Street SW
European Food Store
44th Avenue West
Grocery Outlet
Highway 99
Walmart Neighborhood Market
Highway 99
Happy Riders
Funtastic Playtorium
Duck Pond
Alder Way Homes Park
Stadler Ridge Park
Pioneer Park
Lynnwood Heritage Park
176th Pond
Alderwood Mall Parkway & Beech Road
Alderwood Mall Parkway & 184th Street Southwest
Alderwood Mall Blvd & 28th Ave W
Alderwood Mall Pkwy & 182nd St SW
Alderwood Mall Pkwy & Maple Rd
Alderwood Mall Pkwy & 196th St SW
33rd Ave W & 188th St SW
188th St SW EB Station
Rings at ½ mile and 1 mile. Basemap © OpenMapTiles © OpenStreetMap contributors.
Open the Lynnwood camera map3 devices mapped within ½ mile of this home's approximate location: 2 license-plate readers and 1 CCTV camera; 2 of them identified as Flock Safety devices. Operators named in the data: Lynnwood Police and Washington State Department of Transportation.
| Device type | Within ½ mi | Within 1 mi |
|---|---|---|
| License-plate readers | 2 | 10 |
| of which Flock Safety | 2 | 10 |
| CCTV cameras | 1 | 2 |
Community-reported via OpenStreetMap; may be incomplete. Data as of . © OpenStreetMap contributors (ODbL)
License-plate readers (ALPR) are fixed cameras that photograph passing vehicles and read their plates. Records are typically shared with the agency or association that operates the camera.
Flock Safety is a company whose plate-reader cameras are used by police departments, cities, HOAs and businesses. Its devices are usually solar-powered and pole-mounted.
CCTV cameras are fixed video cameras that record a street, building or other area.