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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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Share Save

23902 48th Avenue W

Mountlake Terrace, WA, 98043
$ 870,000
Bedrooms4 Baths2.0 Sq 1,866

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

Single Family Home for sale in Mountlake Terrace, WA

for $870,000 with 4 bedrooms and 2 full baths. This 1,866 square foot home was built in 1951 on a lot size of 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. An 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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Single Family Active

Price

$ 870,000

Bedrooms

4

Full Bath

2

Property Type

Single Family

Taxes

$ 6,000

Style

1 Story

Lot Size

0.38

Year Built

1951

Town/City

Mountlake Terrace

County/Region

Snohomish

MLS | Web ID

2442373
Features
General
Living Area 1866
Sewer Available Sewer Connected
Heating Hot Water Recirc Pump Radiator
Cooling None
Possession Closing
Roof Composition
Appliances See Remarks
HOA Fee 0
Garage Spaces 1
Year Built 1951
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Building Name Hanburys N Race Tr
County Snohomish
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name Mountlake Terrace
Facing Direction East
Garage Y/N Y
Full Baths 2
Special Listing Conditions None
Status Active
Directions See Google Maps
City Mountlake Terrace
Entry Location Main
Senior Community Y/N N
High School District Edmonds
MLS Area 730 - Southwest Snohomish
Lot Size Units Square Feet
Lot Size Square Feet 16553
Carport Y/N N
Listing Terms Cash Out Conventional See Remarks
Land Lease Y/N N
Tax Annual Amount 6000
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 House
Building Area Units Square Feet
Standard Status Active
Water Company City of Mountlake Terrace Water
Property Style 10 - 1 Story
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Interior
Interior Amenities Ceiling Fan(s) Dining Room Fireplace Water Heater
Basement None
Flooring Hardwood Laminate Carpet
Total Fireplaces 1
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N Y
Half Baths 0
3/4 Baths 0
Total Bedrooms 4
Main Level Bedrooms 4
Total Baths 2
Water Heater Type Gas
Water Heater Location Utility Room
Fireplaces Main 1
Power Production Type Natural Gas
Baths Three Quarter Garage 0
Baths Three Quarter Lower 0
Baths Three Quarter Main 0
Baths Three Quarter Upper 0
Bedrooms Lower 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Half Main 0
Baths Half Lower 0
Baths Half Garage 0
Baths Full Upper 0
Baths Full Main 2
Baths Full Lower 0
Baths Full Garage 0
Bathrooms 2
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Exterior
Exterior Amenities Brick
Parking Features Detached Garage
Water Source Public
Total Parking 1
Inclusions Leased Equipment See Remarks
Foundation Details Poured Concrete
Building Area Total 1866
Lot Size Acres 0.38
Waterfront Y/N N
Covered Spaces 1
Irrigation Water Rights Y/N N
Lot Number 5
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Internal Only
OriginalMLSID NWM2442373
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
256968 Elementary School
257957 Middle School
Unknown 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 Single Family Home for sale at $870,000 with 1,866 sqft and a lot size of 0.38. 23902 48th Avenue W has 4 bedrooms, 2.0 baths, and was built in 1951. The property's zip code is 98043 which is in Mountlake Terrace, WA

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