About this home

Exceptional redevelopment opportunity in the heart of Mountlake Terrace. This 7,800+ SF corner property is located just blocks from the Mountlake Terrace Link light rail station and downtown, with desirable BC/D zoning offering significant long-term potential. The property is currently improved with an existing residence and occupied by a long-standing month-to-month tenant, providing income while a buyer evaluates future plans. An excellent opportunity for a developer, investor, or owner looking to secure a strategically located property in one of Mountlake Terrace's evolving transit-oriented areas. Buyer to verify zoning, development potential, permitted uses, and all information to buyer's satisfaction. Please do not disturb tenant or walk the property without prior permission.

Location

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Basics

Property type: Single Family Residence
Style: 1 Story
Stories: 1 story
Year built: 1950
Lot size: 7,841 sq ft (0.18 acres)
County: Snohomish
MLS #: NWM2572307

Interior

Heating: Baseboard
Cooling: None
Flooring: Vinyl Plank

Exterior & lot

Exterior features: Cement/Concrete
Roof: Metal, Torch Down
Lot features: Corner Lot, Paved
Topography: Level
View: Territorial
Waterfront: No

Parking

Parking spaces: 1
Garage: Yes (attached)
Covered spaces: 1
Parking features: Driveway, Attached Garage

Utilities

Water: Public
Sewer: Sewer Connected
Power: Electric

Community & fees

Subdivision: Mountlake Terrace
Property tax: $4,769 (2026)

Transaction

Listed on: Aug 19, 2026
Days on market: 32
Price per sq ft: $726
Listing terms: Cash, Conventional
Possession: Closing, Negotiable

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Sale history

Earlier listings of this home on the MLS.

2026-08-19: Active$799,000

Schools

School district: Snohomish

Elementary: Buyer To Verify
Middle: Buyer To Verify
High: Mountlake Terrace High School
SchoolDigger 3 stars · Top 31% in WA

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Listing provided courtesy of: John L. Scott, Inc.

Listing agent: Kimberly Shaeffer.

Based on information submitted to the MLS GRID as of —. All data is obtained from various sources and may not have been verified by broker 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. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Data last updated 2026-08-21.