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5507 240th Street SW Mountlake Terrace, WA $ 799,000
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5507 240th Street SW
$ 799,000
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5507 240th Street SW

Mountlake Terrace, WA, 98043
$ 799,000
Baths0.0

Monthly Estimate*

$ 5,045

Listed by John L. Scott, Inc.
5507 240th Street SW, Mountlake Terrace, WA 98043 - Image 1
5507 240th Street SW, Mountlake Terrace, WA 98043 - Image 2
5507 240th Street SW, Mountlake Terrace, WA 98043 - Image 3
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5507 240th Street SW, Mountlake Terrace, WA 98043 - Image 5
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5507 240th Street SW, Mountlake Terrace, WA 98043 - Image 7
5507 240th Street SW, Mountlake Terrace, WA 98043 - Image 8
5507 240th Street SW, Mountlake Terrace, WA 98043 - Image 9
5507 240th Street SW, Mountlake Terrace, WA 98043 - Image 10
5507 240th Street SW, Mountlake Terrace, WA 98043 - Image 11
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5507 240th Street SW, Mountlake Terrace, WA 98043 - Image 13
5507 240th Street SW, Mountlake Terrace, WA 98043 - Image 14
Studio

Lots and Land for sale in Mountlake Terrace, WA

for $799,000. The lot size is 0.18.

Exceptional redevelopment opportunity in the heart of Mountlake Terrace. This 7,800+ SF corner property is located just blocks from the Mountlake Terrace Link light rail station and downtown, with desirable BC/D zoning offering significant long-term potential. The property is currently improved with an existing residence and occupied by a long-standing month-to-month tenant, providing income while a buyer evaluates future plans. An excellent opportunity for a developer, investor, or owner looking to secure a strategically located property in one of Mountlake Terrace's evolving transit-oriented areas. Buyer to verify zoning, development potential, permitted uses, and all information to buyer's satisfaction. Please do not disturb tenant or walk the property without prior permission.

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Lots and Land Active

Price

$ 799,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Res-Less thn 1 Ac

Lot Size

0.18

Town/City

Mountlake Terrace

County/Region

Snohomish

MLS | Web ID

2571324
Features
General
Living Area 0
Sewer On Property
Utilities Electricity Connected Natural Gas Available
Possession Closing Negotiable
HOA Fee 0
Topography Level
Property Subtype Land
County Snohomish
Property Type Land
HOA N
Subdivision Name Mountlake Terrace
Special Listing Conditions None
Status Active
Directions GPS works
High School Buyer To Verify
City Mountlake Terrace
Senior Community Y/N N
High School District Snohomish
MLS Area 730 - Southwest Snohomish
Lot Size Units Square Feet
Lot Size Square Feet 7841
Carport Y/N N
Listing Terms Cash Conventional
Elementary School Buyer To Verify
Middle/Junior High School Buyer To Verify
Public Remarks Exceptional redevelopment opportunity in the heart of Mountlake Terrace. This 7 800+ SF corner property is located just blocks from the Mountlake Terrace Link light rail station and downtown with des
Structure Type None
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
Water Source On Property
Building Area Total 0
Lot Size Acres 0.18
Road Surface Type Paved
Waterfront Y/N N
Irrigation Water Rights Y/N N
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Internal Only
OriginalMLSID NWM2571324
Street Number 1 5507
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* Excluded Features
List By
Kimberly Shaeffer

Listing Agent

John L. Scott, Inc.

Broker

Affordability Calculator

$5,045
Per Month
100%
0%
0%
Monthly Principal & Interest
$5,045
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
3100348 Elementary School
3100489 Middle School
Buyer To Verify High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/19/2026$799,000 Listed Price

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5507 240th Street SW, Mountlake Terrace, WA, 98043 is a Lots and Land for sale at $799,000 with a lot size of 0.18. 5507 240th Street SW is a studio with 0.0 baths. The property's zip code is 98043 which is in Mountlake Terrace, WA

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