Listed by Greg Perry • The Preview Group.

For sale

$22,000,000

Est. $126,617/mo —

•

4,200

sq ft

2620 Maltby Rd, Bothell, WA 98012

About this home

Rare first-time development opportunity in the highly sought-after Bothell/Mill Creek corridor. Offering 10.25 acres across 5 tax parcels, this exceptional R-9600 residential-zoned land holding presents a premier opportunity for builders, developers, and long-term investors in a true A+ location directly on Highway 524 (Maltby Rd). With sewer and utilities available in the street, the site is ideally positioned for future residential development in one of the region’s strongest growth corridors. The property offers a beautiful park-like setting with mature timber, rolling privacy, a sports court, and a lower cottage. As an added bonus, the site includes a luxury rambler currently undergoing an extensive $1M+ remodel, 7000 sf with drawings and expansion plans already underway, offering interim use, resale upside, or potential builder model/home office flexibility. Located within the highly acclaimed Northshore School District and surrounded by strong residential demand, retail conveniences, shopping, dining, and everyday services, this is a rare chance to secure a large-scale residential land position in a supply-constrained submarket. The true value is in the land, location, zoning, and future development potential. A generational opportunity for the visionary builder or developer seeking scale in the Bothell/Mill Creek market.

Single-familyProperty Type

1973Year Built

10.25 acresLot Size

$5,238Price/Sq.Ft.

3 spacesParking

Listed by Greg Perry • The Preview Group

Listing updated: Sep 29, 2026 at 11:27am

Redfin checked: 3 minutes ago

•Source:NWMLS as Distributed by MLS Grid #2500802

Payment calculator

$126,617 per month

Principal and interest$121,559

Property taxes

$1,575

HOA dues

Home insurance

$3,483

Utilities

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Nearby open houses (10)

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Around this home

Schools

K - 12
Preschool & daycare

Canyon Creek Elementary School

Public PreK-5 • Assigned • 0.6mi

9/10

Skyview Middle School

Public 6-8 • Assigned • 0.6mi

8/10

North Creek High School

Public 9-12 • Assigned • 1.2mi

9/10

Provided by GreatSchools

About Thrasher's

Corner

Thrasher's Corner, located between Mill Creek and Canyon Park, is a suburban and commercial Bothell neighborhood with a busy retail corridor and wooded residential pockets. The neighborhood’s character concentrates around the Bothell Everett Highway and 164th St SE, where coffee counters, local eateries, and everyday services cluster in a steady hum of traffic. Low-rise plazas and practical mid-century subdivisions set an unfussy, lived-in architectural tone. McMenamins Anderson School adds a cultural anchor with a theater, gardens, and gathering spaces in a historic campus setting. North Creek Forest and the North Creek Trail thread in green relief for walks and bike rides. The pace feels functional and outdoorsy, shaped by arterials, creeks, and nearby trailheads.

Provided by Walk Score and Local Logic

Market insights

2620 Maltby Rd · $22,000,000

SALE-TO-LIST

Most homes are selling 1% below list price.

LIST PRICE

Median list price in this area is $774,990. (96% lower than this home)

PRICE DROP

32% of homes in this area have had a price drop in the past month.

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Interior features
Ceiling fans
Dining room
Fireplaces (3) with gas and wood-burning options
French doors
High-tech cabling
Hot tub / spa
Security system
Skylights
Vaulted ceilings

Bedrooms
6 bedrooms (all on the main level)
Primary bedroom on the main level
Multiple additional main-level bedrooms

Bathrooms
1 full bathroom
3 three-quarter bathrooms
1 half bathroom
5 bathrooms located on the main level

Kitchen
Kitchen with eating space

Laundry & utility
Utility room on the main level

Flooring
Ceramic tile
Hardwood

Heating & cooling
Forced air heating
Heat pump
Central air conditioning

Sale and tax history for 2620 Maltby Rd

Sale History
Tax History

Date

Event

Price

Jul 1, 2026

Relisted (Active)

NWMLS as Distributed by MLS Grid #2500802

—

Apr 1, 2026

Listed (Active)

NWMLS as Distributed by MLS Grid #2500802

$22,000,000

$5,238/sq ft

Jun 1, 2016

Sold (MLS) (Sold)

NWMLS as Distributed by MLS Grid #818158

$1,680,000

$400/sq ft

May 4, 2016

Pending

NWMLS as Distributed by MLS Grid #818158

—

Mar 30, 2016

Price Changed

NWMLS as Distributed by MLS Grid #818158

$1,750,000

$417/sq ft

Jan 31, 2016

Price Changed

NWMLS as Distributed by MLS Grid #818158

$1,850,000

$440/sq ft

Sep 23, 2015

Price Changed

NWMLS as Distributed by MLS Grid #818158

$1,997,000

$475/sq ft

Sep 16, 2015

Relisted (Active)

NWMLS as Distributed by MLS Grid #818158

—

Aug 28, 2015

Pending (Pending - Backup Offer Requested)

NWMLS as Distributed by MLS Grid #818158

—

Jul 13, 2015

Listed (Active)

NWMLS as Distributed by MLS Grid #818158

$2,197,000

$523/sq ft

Dec 8, 1997

Sold

Public Records

$520,000

$124/sq ft

May 30, 1997

Sold

Public Records

$299,000

$71/sq ft

Aug 31, 1988

Sold

Public Records

$277,000

$66/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$5,702 (+4.9%)

$454,500 + $181,800

$636,300

2025

$5,434 (+0.4%)

$454,500 + $181,800

$636,300

2024

$5,414 (−0.6%)

$454,500 + $179,000

$633,500

2023

$5,447 (+0.6%)

$518,600 + $178,300

$696,900

2022

$5,416 (+3.8%)

$406,400 + $154,600

$561,000

2021

$5,216 (−0.5%)

$355,500 + $144,400

$499,900

2020

$5,242 (+12.2%)

$355,500 + $144,400

$499,900

2019

$4,672 (+10.1%)

$363,000 + $142,300

$505,300

2018

$4,243 (+6.9%)

$239,500 + $148,300

$387,800

2017

$3,970 (+14.3%)

$239,500 + $148,300

$387,800

2016

$3,472 (+45.3%)

$239,500 + $148,300

$387,800

2015

$2,389 (−16.9%)

$145,700 + $77,800

$223,500

2014

$2,873 (+11.5%)

$145,700 + $77,800

$223,500

2013

$2,578 (−5.8%)

$178,000 + $72,500

$250,500

2012

$2,736 (−4.4%)

$147,900 + $66,400

$214,300

2011

$2,861 (−2.4%)

$178,000 + $67,300

$245,300

2010

$2,931

$238,100 + $77,700

$315,800

2009

$2,931

$238,100 + $77,700

$315,800

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

4.29 Acres

Year renovated

—

Finished Sq. Ft.

1,040

Unfinished Sq. Ft.

—

Total Sq. Ft.

1,040

Year built

1973

Style

Single Family Residential

County

Snohomish County

APN

27052000301900

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 5, 2026.

R-7,200

Residential

The intent of residential zoning classifications (R 40,000, R 9,600, R 8,400, R 7,200, R 5,400d, R 5,400a, R 4,000, R 2,800, R-AC) is to provide locations for a range of densities and housing types to ensure a broad choice of attractive and affordable living accommodations to persons desiring to reside in Bothell. Residential zones may contain as outright permitted uses or conditional uses certain nonresidential uses which enhance the community including but not limited to schools, churches and parks.

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

4 days above 86° expected this year, 9 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

6/10 Air Factor

9 unhealthy days expected this year, 9 days in 30 years

Provided by First Street

Historical weather

Bothell, WA • 98012

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

85/ 100

Very good sunlight

Sunscore

This home receives average direct sun exposure in Bothell. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10.2 hrs

5.6 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 2620 Maltby Rd

$16,939,597

$5.1M under list price of $22.0M

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $1.2M to $1.6M.

SOLD JUL 31, 2026
$1,275,000 Last sold price
5 beds3 baths2,946 sq ft
19817 35th Dr SE, Bothell, WA 98012
Listing provided by nwmls
$4805/sq ft
smaller lot
42 years newer
SOLD SEP 30, 2026
$1,200,000 Last sold price
4 beds2.5 baths2,773 sq ft
3720 196th Pl SE, Bothell, WA 98012
Listing provided by nwmls
$4805/sq ft
smaller lot
41 years newer
SOLD JUL 23, 2026
$1,624,000 Last sold price
5 beds3 baths3,745 sq ft
21923 37th Ave SE, Bothell, WA 98021
Listing provided by nwmls
$4804/sq ft
smaller lot
43 years newer
SOLD AUG 21, 2026
$1,415,000 Last sold price
5 beds3 baths2,843 sq ft
3911 211th Pl SE, Bothell, WA 98021
Listing provided by nwmls
$4740/sq ft
smaller lot
50 years newer
SOLD APR 23, 2026
$1,500,000 Last sold price
5 beds3 baths2,946 sq ft
19631 38th Dr SE, Bothell, WA 98012
Listing provided by nwmls
$4729/sq ft
smaller lot
41 years newer
SOLD AUG 4, 2026
$1,420,000 Last sold price
5 beds3.5 baths3,179 sq ft
19307 31st Dr SE, Bothell, WA 98012
Listing provided by nwmls
$4791/sq ft
smaller lot
47 years newer

Rental earnings

Est. $2,723 per month, based on comparable rentals

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(425) 276-7861

Listed by The Preview Group

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Listing provided by NWMLS as Distributed by MLS Grid

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Listing provided by NWMLS as Distributed by MLS Grid

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Listing provided by NWMLS as Distributed by MLS Grid

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Listing provided by NWMLS as Distributed by MLS Grid

Details provided by NWMLS as Distributed by MLS Grid and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Affordability tools

See this home in person

Nearby open houses (10)

Around this home

Schools

Market insights

Property details

Sale and tax history for 2620 Maltby Rd

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 2620 Maltby Rd

Early Access listings

Nearby similar homes

New listings for sale in 98012

More real estate resources