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$825,000
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Property Description
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 into a Rental Property.
Full Property Details
Full Property Details for 23902 48th Ave W
General
- Sold For: $825,000
- Taxes: $6,000 (2025)
- Status: Closed
- Type: Land Residential
- Source: NWMLS
- MLS ID: 2466520
- Added to Site: 185 day(s) ago
Location
- Area: 730 - Southwest Snohomish
- County: Snohomish
- Subdivision: Mountlake Terrace
- Building Name: Hanburys N Race Tr Add
- Driving Directions: See Google Maps
School Information
- High School District: Edmonds
- Elementary School: Terrace Park Sch
- Middle School: Alderwood Mid
- High School: Mountlake Terrace Hi
Utilities
- Electric Available: Yes
- Sewer: Available
- Water: Available
- Utility Description: Electricity Connected, Natural Gas Available
Structural Information
- Structure Type: Unspecified
Lot Features
- Property View: Territorial
- Lot Size (Acres): 0.38
- Lot Size (Sq. Ft.): 16,553
- Lot Size Source: Realist
- Street/Road Desc.: County Maintained, County Right of Way, Paved
- Lot Features: Corner Lot, Paved
- Zoning: Residential
Financial Considerations
- Tax Amount: $6,000
- Tax Year: 2025
- Terms: Cash Out, Conventional, See Remarks
Disclosures and Reports
- Special Conditions: None
- Restrictions: See Remarks
- Property ID: 463100000509
- Lot Number: 5
Listed by Barry Andersen | Windermere Real Estate GH LLC | (425) 672-1118
Sold by Jon B. Beahm | Blue Ridge Realty, Inc.
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Schools
Schools serving 23902 48th Ave W
School District:Edmonds School District
| Name | Grades | Distance |
|---|---|---|
Terrace Park School 5409 228th St Sw, Mountlake Terrace, WA 98043 | K-6 | 0.9 mi |
Brier Terrace Middle School 22200 Brier Road, Brier, WA 98036 | 7-8 | 1.5 mi |
Mountlake Terrace High School 21801 44th Ave W, Mountlake Terrace, WA 98043 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 23902 48th Ave W
Date
Details
Price
Change
Source
2/09/2026
Sold
$825,000
-2.83%
MLS
1/08/2026
Listed
$849,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
23902 48th Avenue W, Mountlake Terrace, WA 98043 (MLS# 2466520) is a Land Residential property that was sold at $825,000 on February 09, 2026. Want to learn more about 23902 48th Avenue W? Do you have questions about finding other Land Residential real estate for sale in Gateway? You can browse all Gateway real estate or contact a Coldwell Banker agent to request more information.

