Washington
Mountlake Terrace
23902 W 48th Avenue

$895,000

23902 W 48th Avenue, Mountlake Terrace, WA 98043

Land
Built in ——
0.38acre lot
—— car garage
$——/sqft
Listed 4 days ago

Property Description

This listing courtesy of Barry Andersen, Windermere Real Estate Co.

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.

Listing Status:: Active
Listing Office:: Windermere Real Estate Co. : 206-524-1100
Listing Agent:: Barry Andersen : 206-524-1100
MLS ID:: 2441246

A/C: None
Heating: None
Fireplace: Fireplaces: 0

General: 40 - Res-Less thn 1 Ac

Road/Access: Paved
HOA Amenities: 0.0
Originating MLS: nwmls
School District: Edmonds
County: Snohomish

Zoning: 00463100000509
View: TerritorialView
Restrictions: See Remarks

Utilities: Electricity ConnectedNatural Gas AvailableElectricity on Property
Water: Available
Sewer: Available

Source: nwmls

This listing courtesy of Barry Andersen, Windermere Real Estate Co.

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Challenge Elementary School

5409 228th St SW, Mountlake Terrace, WA, 98043

Grades KG-6

0.88 miles away

Brier Terrace Middle School

22200 Brier Rd, Brier, WA, 98036

Grades 7-8

1.50 miles away

Mountlake Terrace High School

21801 44th Ave W, Mountlake Terrace, WA, 98043

Grades 9-12

1.45 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.