Sale of Former Evergreen Elementary School Property Finalized

The sale of the former Evergreen Elementary property by the Edmonds School District as been in works since at least mid-2014 when the property to the south was sold to Mountlake Terrace TOD, LLC. 

The sale price of the 9.75 acre property was $3,981,000, or just over $400,000 per acre. The property will be a part of the Gateway Development (AKA the Village at MLT) which we've covered extensively on this site. More about the project here.