23902 48th Avenue W

Mountlake Terrace, WA 98043

  • Bed

  • Bath

  • 0 SqFt

  • 52 DOM

  • Built:

  • Status: Active

$870,000

X

23902 48th Avenue W

Mountlake Terrace 98043

$870000

  • Bed

  • Bath

  • 0 SqFt

  • 52 DOM

  • Built:

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

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.

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Residence Information

  • 0

  • 40 - Res-Less thn 1 Ac

Features and Utilities

  • Available

  • Available

Financial

  • 6000

  • Cash Out, See Remarks

  • 10-10-2025

Comparable Information

  • 52

  • 52

  • Cash Out, See Remarks

  • $895,000

  • $895,000

  • Dec 01, 2025 20:31

Schools

Elementary : Terrace Park Sc N/A Ratings
Middle : Alderwood Mid N/A Ratings
High : Mountlake Terra N/A Ratings

Map

Listing courtesy of Windermere Real Estate Co..

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2025 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Dec 08, 2025 07:02 | Listing last modified Dec 01, 2025 20:31. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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