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JRJeff ReynoldsCompass · Seattle
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Active

Listed by Kimberly Shaeffer, John L. Scott, Inc.

Land
Type
7,841 sq ft
Lot
0
Days on market

About this property

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 & commute

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Directions

Property details

Listing details

Listing number
#2571324
Listed
August 19, 2026
Days on market
0

Construction

Style
40 - Res-Less thn 1 Ac
Structure
None

Lot

Lot features
Corner Lot
Lot size
7,841 sq ft

Terms

Terms offered
CashConventional

Utilities

Utilities
Electricity ConnectedNatural Gas Available
Water
On Property
Sewer
On Property

Schools

District
Snohomish
Elementary
Buyer To Verify
Middle
Buyer To Verify
High
Buyer To Verify

What stands out to you?

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  • None
  • Corner Lot
  • Cash
  • Conventional
  • Electricity Connected
  • Natural Gas Available
  • On Property

Listing history

  1. Listed

    $799,000

    August 19, 2026

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$4,653

Principal & interest
$4,040
Property tax (est.)
$613

Assumes $159,800 down (20%), a $639,200 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of August 19, 2026 at 5:01 PM PDT. 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.