Listed by Windermere Real Estate Co.
Status: Active
23902 48th Ave W
Mountlake Terrace, WA 98043
$895,000
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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- Bedrooms
- 4
- Baths
- 2
- House Size
- 1,866 sqft
- Year Built
- 1951
- Lot Size
- 0.38 ac
- School District
- Edmonds
Location
Market Insights
In the last 30 days, homes for sale in 98043, Mountlake Terrace, WA were on the market for a median of 27 days and 16.67% of homes sold above list price.
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Get StartedInterior Information
- appliances
- Gas Water Heater
- Water Heater
- basement
- None
- cooling
- Ceiling Fan(s)
- None
- features
- Ceiling Fan(s)
- flooring
- Hardwood
- Laminate
- Carpet
- heating
- Natural Gas
Exterior Information
- roof
- Composition
Property Information
- construction
- Brick
- parking
- Detached
- subdivision name
- Mountlake Terrace
- utilities
- Sewer Connected
- Sewer Available
- water source
- Public
- Listed By Barry Andersen
- (206) 524-1100
- Windermere Real Estate Co.
- (206) 524-1100
- sandpt@windermere.com
- MLS 2442373
