About 23902 48th Avenue W
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.
Features of 23902 48th Avenue W
| MLS® # | 2442373 |
|---|---|
| Price | $895,000 |
| Price Per SqFt | $480 |
| Bedrooms | 4 |
| Bathrooms | 2 |
| Full Baths | 2 |
| Square Footage | 1,866 |
| Acres | 0.38 |
| Year Built | 1951 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
Community Information
| Address | 23902 48th Avenue W |
|---|---|
| Area | 730 - Southwest Snohomish |
| Subdivision | Mountlake Terrace |
| City | Mountlake Terrace |
| County | Snohomish |
| State | WA |
| Zip Code | 98043 |
Amenities
| Parking Spaces | 1 |
|---|---|
| Parking | Detached Garage |
| Garage Spaces | 1 |
| Is Waterfront | No |
Interior
| Interior Features | Ceiling Fan(s), Dining Room, Fireplace, Water Heater |
|---|---|
| Appliances | See Remarks |
| Fireplace | Yes |
| # of Fireplaces | 1 |
Exterior
| Exterior Features | Brick |
|---|---|
| Foundation | Poured Concrete |
School Information
| District | Edmonds |
|---|
Additional Information
| Days on Market | 12 |
|---|---|
| Cumulative Days on Market | 12 |
| Days on Website | 13 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Windermere Real Estate Co. |
|---|