PROPERTIES FOR SALE

23902 W 48th Avenue Mountlake Terrace, WA 98043

NWMLS Courtesy of Windermere Real Estate Co.
23902 W 48th Avenue
Mountlake Terrace, WA 98043
$895,000
Land
0 Beds
0.00 Baths
0 SqFt
Active
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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.

Property Features

Community: Mountlake Terrace
Res-Less thn 1 Ac
View: Territorial
Pool: Above Ground
2025 Taxes: $6000.00
Buyer Broker Comp.: 2.5%
Listing #: 2441246

Lot Details

Lot Size: 0.38 acres
Corner Lot
Curbs
Paved
Road Sides: N & E
Road: County Maintained
Road: County Right of Way
Road: Paved

Utilities

Electricity: On Property
Water: Available
Gas: On Property
Sewer: Available

Schools

District: Edmonds
Elem: Terrace Park Sch
Middle: Alderwood Mid
High: Mountlake Terrace Hi
Call or Email:
Grace Wamwere

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Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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