$ 895,000
-
$895,000
Price -
4
Bed -
2
Bath -
1,866
SqFt
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About the Listing 7181 - 149695
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.
Listing Highlights for 23902 48th Ave W
Status
Active
Days on Site
1
Property Type
Residential
MLS ®
2442373
Year Built
1951
Total Square Footage
1,866
Lot/Acreage
0.38
County
Snohomish
Building Name
Hanburys N Race Tr
Neighborhood
Mountlake Terrace
School District
Edmonds
Interior Details
- Bedrooms: 4
- Bathrooms: 2 Full
- Appliances: See Remarks
- Air Cond:
- Heating:
- Fireplaces: 1, 1 Fireplace
- Floor: Hardwood,Laminate,Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Ceiling Fan(s),Dining Room,Fireplace,Water Heater,Master on Main
- Water: City of Mountlake Terrace Water
Exterior Details
- Lot Description: Built On Lot
- Garage Capacity: 1 car
- Parking Spaces: 1
- Roof: Composition
- Others: Brick
- Sewer: City of Mountlake Terrace Water
- Parking Features: Detached Garage
Financial Details
- Tax Amount: $6,000
- Taxes w/Assessments: N/A
- Tax/Property ID: 00463100000509
- Tax Year: 2025
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Listing Location
Questions About..
23902 48th Ave W Mountlake Terrace, WA 98043
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