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4302 Peninsula Road, Stanwood, WA, 98292

2beds
1baths
828sqft
$869,000
$1,050price/sqft
$5,371/moest. monthly cost
$214,840/yrincome needed

About This Home

Rare opportunity to own true waterfront on Lake Goodwin for under $1M! This charming 2 bedroom home offers the perfect chance to enjoy year-round living or a relaxing getaway on one of the area’s most sought-after lakes. Wake up to peaceful water views and step right out to your private dock. The home features an open concept layout with easy indoor-outdoor flow, designed to make the most of its unbeatable setting. Living room features a brick accent wall and gas fireplace, plus wood beams highlighting the vaulted ceilings. Kitchen with SS appliances, quartz countertops and center island for gathering. Whether you're looking for a full-time residence, weekend escape, or investment opportunity, properties like this are few and far between at this price point. Welcome to Lake living!

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
11
BikeSomewhat Bikeable

Schools

4/10
4/10
Lakewood Middle SchoolGrades 6-83.8 mi
3/10
Lakewood High SchoolGrades 9-123.7 mi

Construction

Condition

  • Property condition: Good
  • Year built: 1940

Materials

  • Foundation: Poured Concrete
  • Roof: Composition
  • Construction materials: Wood Siding,Wood Products

Notable Dates

  • Major remodel year: 1940

Type & Style

  • Home type: SingleFamily
  • Architectural style: 1 Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Refrigerator,Stove(s)/Range(s),Washer,Dishwasher(s),Dryer(s),Refrigerator(s),Washer(s),Water Heater: Tankless/Electric,Water Heater Location: Closet

Basement

  • Basement: None

Bathroom Full

  • Level: Main

Bedroom

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Entry Hall

  • Level: Main

Features

  • Window features: Dbl Pane/Storm Window
  • Flooring: Ceramic Tile,Carpet
  • Number of fireplaces: 1
  • Fireplace features: Gas,Main Level: 1,Fireplace
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Fireplace,Ductless,Forced Air,Electric
  • Cooling features: Ductless

Interior Area

  • Total structure area: 828
  • Total interior livable area: 828 sqft

Kitchen With Eating Space

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Utility Room

  • Level: Main

Property

Details

  • Parcel number: 31042700302900
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Main
  • Patio & porch: Dbl Pane/Storm Window,Fireplace,Vaulted Ceiling(s),Water Heater
  • Has view: Yes
  • View description: Lake
  • Has water view: Yes
  • Water view: Lake
  • On waterfront: Yes
  • Waterfront features: Low Bank,Lake
  • Frontage length: Waterfront Ft: 38
  • Topography of land: Level

Lot

  • Lot size: 3,049 sqft
  • Features: Dead End Street,Paved,Dock,High Speed Internet,Outbuildings,Patio,Propane,RV Parking

Parking

  • Total spaces: 4
  • Parking features: Driveway,RV Parking
  • Uncovered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingModerate
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Landslide
    LandslideModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Coastal Flooding
Earthquake
Heat Wave
Ice Storm
Landslide
Winter Weather

FEMA Declared Disasters in Snohomish County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,394$52,728
Home Insurance *$188$2,256
Property Taxes $640$7,680
Electricity $149$1,793
Total$5,371$64,452
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$184,148/yr
40% on housing$161,130/yr
45% on housing$143,226/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.7%
10.7%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,050This listing

vs Other Active Listings

Avg $/sqft

ZIP 98292$329
Snohomish County$348

vs Homes Sold Last Month

Median $/sqft

ZIP 98292$361
Snohomish County$396

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-12Price change$925,000
2026-04-29Listed for sale$995,000
2021-05-05Sold$480,000

For Sale by Agent

AgentLance Otto
BrokerageKW North Sound

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