15924 E Shore Drive · Lynnwood, WA 98087

An extraordinary opportunity to acquire a dual-lot waterfront estate on Martha Lake, featuring a custom rambler and an additional building lot along 100’ of coveted low-bank bulkhead shoreline on the sunny east shore. Together, these parcels create a once-in-a-lifetime chance to design the ultimate multi-home compound. Explore options to adjust boundaries for multiple waterfront lots, build a second residence, develop a duplex, or add multiple DADUs for exceptional rental income—the combinations are endless. The existing custom single-level home, built in 2015, was crafted for refined lakefront living, with an expansive great room that opens to a grand covered outdoor living space overlooking the water and private dock. Rich natural materials—Acacia hardwood flooring, cherry cabinetry, Hemlock-wrapped windows, and solid VG fir doors—bring timeless warmth throughout. The upgraded chef’s kitchen features an oversized island, premium appliances, and a striking solid-pane glass backsplash. The lake-view primary suite offers a serene retreat. A detached 703 sq. ft. flex unit, currently a stylish 1-bed/¾-bath apartment, adds versatility for guests, multi-generational living, or rental income. A truly unique dual-lot offering with unmatched potential to create your dream waterfront estate.