SE 96th Street, Snoqualmie, WAKing County

PUBLISHED RESERVE: $2,750,000*

LAST ASKING: $3,950,000

SIZE: 51± Acres

ELEVATION: 974± Feet

ZONING: Rural Area 5

PROPERTY INSPECTION: At Any Time

FINANCING: Subject to Seller's approval of Purchaser's credit: A 30% down payment with the balance secured by a first deed of trust, amortized over 20 years at 7 % interest, calling for monthly payments of principal and interest; all due and payable at the end of 5 years.

DESCRIPTION: This 51± acre residential development site is well-located near the entrance to a 1,300± acre master-plan community in Snoqualmie, Washington. Located at the intersection of Interstate 90 and Highway 18 (Snoqualmie Parkway), the property provides opportunity to develop estate homesites within 20 minutes of downtown Seattle. The property has excellent access from the north property line with approximately 1,700 feet of frontage along SE 96th Street. The tract surrounds a former Leisure Time Campground site on three sides, and is zoned for minimum lot size of 5 acres, providing opportunity to develop up to 10 estate or equestrian homesites. Power and telephone are available to the property (charges may apply-see Supplemental Information Package). Sewer service is to be provided by private, on-site systems.