23902 48th Avenue W Mountlake Terrace, WA 98043
Listing Courtesy of: MLS LogoNorthwest MLS / Windermere Real Estate Gh LLC / Barry Andersen

  23902 48th Avenue W Mountlake Terrace, WA 98043

Active (64 Days)
$849,000 (USD)
4
BED
2
BATH
1,866
SQFT

Description

DEVELOPERS DREAM. Large Property allows for 3 Building Lots, each with two residences under new Mountlake Terrace Ordinance. Lot has been surveyed, and a Geotechnical Evaluation is available. Two preliminary designs are also available showing three building parcel configurations. Mountlake Terrace passed the new design ordinances this summer with a strong desire to expand building options. Existing House on property is a 4 Bedroom, 2 Bath 1,866 Sq Ft., which could be revitalized and then divide the property into two parcels.

MLS #:
2463301
Taxes
$6,000(2025)
Lot Size
0.38 acres
Type
Single-Family Home
Building Name
Hanburys N Race Tr Add
Year Built
1951
Style
1 Story
School District
Edmonds
County
Snohomish County
Community
Mountlake Terrace

Listed By

Barry Andersen, Windermere Real Estate Gh LLC
Source
Northwest MLS as distributed by MLS Grid
Last checked Jan 9 2026 at 10:58 PM PST
Bathroom Details
  • Full Bathrooms: 2
Interior Features
  • Ceiling Fan(s)
  • Dining Room
Subdivision
  • Mountlake Terrace
Lot Information
  • Corner Lot
  • Paved
  • Value In Land
Property Features
  • Fireplace: 0
  • Foundation: Poured Concrete
Heating and Cooling
  • Radiator
  • Hot Water Recirc Pump
Flooring
  • Hardwood
  • Carpet
  • Laminate
Exterior Features
  • Brick
  • Wood
  • Roof: Composition
Utility Information
  • Sewer: Available, Sewer Connected
  • Fuel: Electric, Natural Gas
School Information
  • Elementary School: Terrace Park Sch
  • Middle School: Alderwood Mid
  • High School: Mountlake Terrace Hi
Parking
  • Driveway
  • Off Street
  • Detached Garage
Stories
  • 1
Living Area
  • 1,866 sqft
Additional Listing Info
  • Buyer Brokerage Compensation: 2.5
Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Mortgage calculator estimates are provided by Windermere Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Based on information submitted to the MLS GRID as of 1/9/26 14:58. All data is obtained from various sources and may not have been verified by Windermere Real Estate Services Company, Inc. or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.