23902 W 48th Avenue, Mountlake Terrace, Washington 98043

WA, Mountlake Terrace
$870,000
  • 0.38 Acre
  • Land Property Type
  • Canceled Status
Property Description

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.

Source: NWMLS
Basic Details
  • Property Type: Land
  • Listing Type: For Sale
  • Listing ID: 2441246
  • Price: $870,000
  • View: Territorial
  • Lot Area: 0.38 Acre
  • Status: Canceled
  • Office Name: Windermere Real Estate Co.
  • Agent Name: Barry Andersen
  • Property Sub Type: Land
Features
  • Sewer Available
  • Utilities Natural Gas Available, Electricity Connected
Address Map
  • Country US
  • State WA
  • County Snohomish
  • City Mountlake Terrace
  • Zipcode 98043
  • Street: 48th
  • Street Number: 23902
  • Street Suffix: Avenue
  • Longitude: W123° 42' 7.2''
  • Latitude: N47° 46' 54.2''
  • Directions: See Google Maps
  • Mls Area Major: 730 - Southwest Snohomish
  • Street Dir Suffix: W
  • Zoning: Residential 1
Neighborhood
  • Elementary School: Terrace Park Sch
  • High School: Mountlake Terrace Hi
  • High School District: Edmonds
  • Middle School: Alderwood Mid
Additional Information
  • Water Source: Available
  • Possible Use: Residential
  • On Market Date: 2025-10-10
  • Lot Features: Paved, Curbs, Corner Lot
Financial
  • Tax Annual Amount: 6000
Listing Information
  • List Agent Mls Id: 149695
  • List Office Mls Id: 7181
  • Listing Term: Cash Out,See Remarks
  • Mls Status: Cancelled
  • Modification Timestamp: 2025-12-17T14:49:12Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2025-12-11T23:41:52Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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