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$1,350,000
5 Beds ⋅ 3 Baths ⋅ 2529415 MLS ⋅ ACTIVE Status
Stunning new construction home featuring an open great room concept w/exceptional custom finishes throughout. This thoughtfully designed 4+ bedroom, 2.75-bath home offers a spacious & light-filled great room with dramatic floor-to-ceiling tiled gas fireplace, expansive living spaces, ideal for entertaining. The chef’s kitchen features veined quartz counters, oversized eating island, custom wood cabinetry with full-extension drawers, walk-in pantry, stainless commercial 6-burner gas range, microwave drawer, abundant workspaces & storage. The dining area flows seamlessly to the covered patio for easy indoor/outdoor living. A main-floor guest bedroom is located adjacent to the beautifully appointed 3/4 bath. Upstairs includes 3 additional bedrooms, pool table size bonus room & luxurious primary suite w/high ceilings, large custom walk-in closet with built ins, spa-inspired bath, dual sinks, quartz counters, freestanding soaking tub, oversized shower w/nook, glass doors & extensive designer tile. High end fully tiled baths, solid core doors, full-size laundry room with washer/ dryer included, storage cabinets, fully landscaped & flat, fenced yard peacefully set on a quiet street. Convenient Mountlake Terrace location near light rail, shopping, dining, parks & commuter routes. Great builder known for exceptional craftsmanship, timeless design & luxurious details throughout. Home equipped with AC, HP gas forced air, heat pump h20, custom blinds, all appliances included & EV ready!

4805 238th Street SW, Mountlake Terrace

Listing courtesy of Windermere Real Estate/M2, LLC.

$320,000
1 Beds ⋅ 1 Baths ⋅ 2523596 MLS ⋅ ACTIVE Status
Perched in the heart of Mountlake Terrace, this top-floor condo offers the perfect blend of comfort, style, and convenience. Vaulted ceilings and an open-concept layout create an airy, spacious feel, while the thoughtfully updated interior makes everyday living effortless. The kitchen features timeless shaker cabinetry, granite countertops, stainless steel appliances, and seamless flow into the dining and living spaces — ideal for entertaining or cozy nights in by the electric fireplace. The spacious bedroom is a true retreat with vaulted ceilings, serene views of lush landscaping, and a generous walk-in closet. Updated full bath with in-unit laundry adds both style and functionality. Enjoy the ease of dedicated parking just outside your door plus an additional storage unit perfect for bikes, luggage, or seasonal décor. Located within the gated Axis community offering a clubhouse, outdoor pool, and beautifully maintained courtyard spaces. Pre-inspected and move-in ready, this home is ideally situated minutes from the Lynnwood Transit Center, light rail, shopping, dining, and major commuter routes — delivering exceptional convenience without compromising comfort.

21305 48th Avenue W Unit #B205, Mountlake Terrace

Listing courtesy of Windermere Real Estate/East.

$229,000
1 Beds ⋅ 1 Baths ⋅ 2519166 MLS ⋅ ACTIVE Status
Reduced for quick sale!! Immaculate ground floor corner unit in Pheasant Hill Condominium with fresh paint, new blinds & lighting. Level entry home with sunny living room with wood burning fireplace, dining room with pass through, kitchen with all appliances, newer windows, carpet & washer/dryer, spacious bedroom with ample closet space & large bathroom with walk in shower, second closet & linen closet. Well managed HOA and NO assessments. Complex amenities include 6 acres of park-like grounds, outdoor pool, hot tub, exercise room and clubhouse. 2 parking spaces-1 covered (34) and 1 uncovered (68) & 2 pets are welcome (no weight limit). Great location near shopping, restaurants & just 2 miles to the Mtlk Terrace Light Rail station. Dues cover water, sewer, garbage.

21301 52nd Avenue W Unit #B111, Mountlake Terrace

Listing courtesy of Windermere Real Estate Co..

$375,000
2 Beds ⋅ 2 Baths ⋅ 2518690 MLS ⋅ ACTIVE Status
Welcome to Cedarwood Park! Offering the best that Mountlake Terrace has to offer, close to both the Lynnwood Light Rail Station and the Mountlake Terrace Transit Center in a park-like setting. This lovingly maintained 2 bedroom, 2 bath condo is looking for a new owner after many happy years! Move-in ready featuring a large patio with park side views, great room with vaulted ceilings, kitchen with pantry, 2 parking spaces and 2 storage units. This is truly a fantastic home! The property features an athletic court and many green spaces and has a well maintained HOA. Come see for yourself!

4409 216th Street SW Unit #C, Mountlake Terrace

Listing courtesy of Windermere Real Estate Midtown.

$665,000
3 Beds ⋅ 2 Baths ⋅ 2508899 MLS ⋅ ACTIVE Status
Turnkey investment opportunity in a convenient Mountlake Terrace location! This 3-bedroom, 1.5-bath rambler is currently tenant-occupied with a lease in place through 4/1/2027 at $2,210 per month, providing immediate and stable rental income. Situated on a 7,841 sq ft lot, the property offers a functional single-level layout and is in livable condition with excellent potential for future updates and value-add. Interior features include forced air heating and a practical floor plan, while the exterior offers a fully fenced backyard, concrete patio, and plenty of usable outdoor space for added tenant appeal. Ideally located near shopping, dining, parks, and everyday amenities, with convenient access to I-5 and the Mountlake Terrace Transit Center and light rail for easy commuting. Whether you’re looking to expand your rental portfolio or secure a long-term hold with upside potential, this property presents a strong opportunity in a growing and well-connected area.

4404 229th Place SW, Mountlake Terrace

Listing courtesy of Shiloh Street.

$1,599,900
2504220 MLS ⋅ ACTIVE Status
Positioned at the gateway to Mountlake Terrace, just off I-5 and adjacent to the Gateway Development and newly constructed Terrace Station—with the 244th Light Rail station arrived in 2024—this property offers a rare investment and redevelopment opportunity. The site features an existing two-story office building fully leased to eight tenants across two tax parcels, with abundant on-site parking. Its level topography and prominent location—bordered by streets on three sides—enhance both accessibility and visibility. Zoning supports future redevelopment for up to 18 residential units along with approximately 2,000 square feet of prime ground-floor retail space, as indicated by a recent massing study. The current income stream provides a stable hold during entitlement or a solid long-term investment option.

5903 244th Street SW, Mountlake Terrace

Listing courtesy of AQUA Real Estate.

$550,000
4 Beds ⋅ 2 Baths ⋅ 2487388 MLS ⋅ ACTIVE Status
Owned by one family for over 50 years! Huge lot over 14,000 sq ft with small fir tree forest behind home and value in land and location near light rail station for easy commute to downtown events or airport. Home is a great project for a handyman refresher, fix and flipper, or a total new build with ADU possibilities. It has a giant detached shop/garage out back for the weekend tinkerer or inventor in you. Tons of potential here, come and check it out! Home has red tag for unpermitted work that was done on the main house 48 years ago...see details in listing docs, call for more info, this is already a remodel home, several lending ideas/options listed below! Seller would like to TRANSFER PERMIT TO BUYER and allow buyer comply with the code items and also simultaneously remodel as they like. Seller does not want to remodel, PRICED to sell AS IS. Property priced to be sold "as is", seller prefers buyer to take over the permit and do repairs to their liking. Pre-inspection available, all systems working when occupant vacated just before listing date, buyer to verify all information to their satisfaction. An FHA 203K financing loan can be done to allow up to $75K in remodeling & up to 110% of completed value & optionally even 6 months of mortgage payments & then could even refi to Conventional loan after work done. Or a rehab loan. Both of these can potentially be done in tandem w/the red tag & should be no issues with the appraisal as per lender consultations.

23906 60th Avenue W, Mountlake Terrace

Listing courtesy of eXp Realty.

$365,000
2 Beds ⋅ 1 Baths ⋅ 2469862 MLS ⋅ ACTIVE Status
Well-maintained ground-floor condo in the desirable Wildemere community of Mountlake Terrace. This 2-bed, 1-bath home features an open living and dining area, cozy fireplace, and slider to a private patio. Recent upgrades include a new water heater, full noise abatement with new windows and a slider, and a new furnace (2026). The kitchen offers ample cabinet space and flows into the main living area. Two well-sized bedrooms provide flexibility for guests or a home office. In-unit laundry and reserved parking add convenience. Well-kept common areas include a pool and pool house. HOA dues cover water, sewer, garbage, common area maintenance, and insurance. Centrally located near I-5, I-405, and light rail. Rare assumable loan available to all qualified buyers with interest under 2.25%.Don't miss this Low monthly payment opportunity

4118 212th Street SW Unit #101C, Mountlake Terrace

Listing courtesy of COMPASS.

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