Why Does This Tiny Shoreline Home Cost $1 Million?

SHORELINE, WA - On Wednesday, a group of Puget Sound residents filed a lawsuit attempting to stop the car tab increase voters approved with the Sound Transit 3 package. Meanwhile, in Shoreline, at least one property owner is betting on the future of Sound Transit development.

This tiny, old home is selling for $1 million right now because it's across the street from a planned light rail station at 145th Street and I-5. The home (or more importantly, the land underneath it) will probably be worth more than $1 million once the light rail station opens around 2024. It will be part of a line that extends from Lynnwood to Sea-Tac.

• Address: 14565 6th Ave NE, Shoreline, Washington
• Price: $1,000,000
• Square Feet: 1600
• Bedrooms: 3
• Bathrooms: 2 Baths
• Built: 1944
• Features: This block is a prime development opportunity for MUR-70 zone building potential since the block is across 5th Ave from the future light rail station. Lock up the property and enjoy rental potential in the meantime with an opportunity for 2nd kitchen in basement unit.

This listing originally appeared on realtor.com. For more information and photos, click here.