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23902 48th Avenue W Mountlake Terrace, WA $ 870,000
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$ 870,000 Get more info
23902 48th Avenue W
$ 870,000
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23902 48th Avenue W

Mountlake Terrace, WA, 98043
$ 870,000
Baths0.0

Monthly Estimate*

$ 5,428

Listed by Windermere Real Estate Co.
23902 48th Avenue W, Mountlake Terrace, WA 98043 - Image 1
23902 48th Avenue W, Mountlake Terrace, WA 98043 - Image 2
23902 48th Avenue W, Mountlake Terrace, WA 98043 - Image 3
23902 48th Avenue W, Mountlake Terrace, WA 98043 - Image 4
23902 48th Avenue W, Mountlake Terrace, WA 98043 - Image 5
23902 48th Avenue W, Mountlake Terrace, WA 98043 - Image 6
23902 48th Avenue W, Mountlake Terrace, WA 98043 - Image 7
Studio

Lots and Land for sale in Mountlake Terrace, WA

for $870,000. The lot size is 0.38.

DEVELOPER’S DREAM Prime 16,500 sq. ft. corner lot in Mountlake Terrace offering three potential building parcels, each eligible for two residences under the city’s newly adopted development ordinance. The property has already been surveyed, with a Geotechnical Evaluation and two preliminary site designs available—illustrating flexible three-parcel configurations. The existing 4-bedroom, 2-bath, 1,866 sq. ft. home sits on the property and could be revitalized while pursuing subdivision or redevelopment. Whether you’re looking to build multiple new homes, phase your project, or leverage the corner lot visibility, this property delivers exceptional potential and value in one of the region’s now most development-forward cities.

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Lots and Land Active

Price

$ 870,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 6,000

Style

Res-Less thn 1 Ac

Lot Size

0.38

Town/City

Mountlake Terrace

County/Region

Snohomish

MLS | Web ID

2441246
Features
General
Living Area 0
Sewer Available
Utilities Electricity Connected Natural Gas Available
Possession Closing
HOA Fee 0
View Territorial
Property Subtype Land
Tax Year 2025
Building Name Hansburys N Race Tr Add
County Snohomish
Property Type Land
HOA N
Subdivision Name Mountlake Terrace
Possible Use Residential
Special Listing Conditions None
Status Active
Directions See Google Maps
High School Mountlake Terrace Hi
City Mountlake Terrace
Senior Community Y/N N
High School District Edmonds
Zoning Description Residential
MLS Area 730 - Southwest Snohomish
Lot Size Units Square Feet
Lot Size Square Feet 16553
Carport Y/N N
Listing Terms Cash Out See Remarks
Elementary School Terrace Park Sch
Tax Annual Amount 6000
Middle/Junior High School Alderwood Mid
Public Remarks DEVELOPERS DREAM Prime 16 500 sq. ft. corner lot in Mountlake Terrace offering three potential building parcels each eligible for two residences under the citys newly adopted development ordinance.
Structure Type Unspecified
Building Area Units Square Feet
Standard Status Active
Gas Status On Property
Property Style 40 - Res-Less thn 1 Ac
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Interior
Total Fireplaces 0
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Lot Features Corner Lot Curbs Paved
Water Source Available
Building Area Total 0
Lot Size Acres 0.38
Road Surface Type Paved
Waterfront Y/N N
Road Responsibility County
Irrigation Water Rights Y/N N
Lot Number 5
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Internal Only
OriginalMLSID NWM2441246
Street Number 1 23902
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* Excluded Features
List By
Barry Andersen

Listing Agent

Windermere Real Estate Co.

Broker

Affordability Calculator

$5,928
Per Month
92%
8%
0%
Monthly Principal & Interest
$5,428
Monthly Property Taxes
$500
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5246005 Elementary School
257329 Middle School
Mountlake Terrace Hi High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/1/2025$870,000 -2.79% Price Down
10/10/2025$895,000 Listed Price

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23902 48th Avenue W, Mountlake Terrace, WA, 98043 is a Lots and Land for sale at $870,000 with a lot size of 0.38. 23902 48th Avenue W is a studio with 0.0 baths. The property's zip code is 98043 which is in Mountlake Terrace, WA

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