$770,000
Est. $3,906/mo5 bd•2,192 sq ft
21401 54th Place W, Mountlake Terrace, WA 98043
• Listed 2025-05-21•New today
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Based on information submitted to the MLS GRID as of May 29, 2026 at 1:01 PM PDT (date and time MLS GRID Data was obtained). 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.
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A Rare & Remarkable Opportunity in Mountlake Terrace! This gem offers incredible flexibility for multi-generational living, dual-living potential, or investment. The Upper Level features 3BR/1B, a gourmet kitchen and easy access to the deck for year-round entertainment. The Lower Level has additional 2BR/1B, a bonus room and a wet bar that offers an income producing set-up. Nestled at the end of a dead-end street with an expansive fully fenced 10,454 SF lot – this home is a UNICORN! Whether you envision lush gardens, play space, or future development, this SOLID home unlocks serious potential to build equity or hold as an investment. Brand-new roof, tons of parking + dedicated RV/boat space. Pre-inspected & move-in ready. Truly noteworthy.
Listed by Patrick De Leon • Windermere Real Estate/East
Listing updated: July 11, 2025 at 04:04am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2379415
5 recent nearby sales, priced between $650K and $996K.

$790,000Last sold price
21401 54th Place W, Mountlake Terrace, WA 98043

$995,555Last sold price
21602 49th Place W, Mountlake Terrace, WA 98043

$835,000Last sold price
21404 46th Place W, Mountlake Terrace, WA 98043
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Mountlake Terrace is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 23 days.
$610,000 Sold
2 weeks ago
3 bd•2.5 ba•~1,481 sq ft•Single Family
4122 214th Street Sw #d, Mountlake Terrace, WA 98043
2%
Over list
—
Days on market
0.8 mi
Distance
$700,000 Sold
2 weeks ago
3 bd•1 ba•~1,776 sq ft•Single Family
22014 54th Avenue W, Mountlake Terrace, WA 98043
5%
Under list
—
Days on market
0.4 mi
Distance
$650,000 Sold
2 weeks ago
4 bd•1 ba•~1,835 sq ft•Single Family
22404 58th Avenue W, Mountlake Terrace, WA 98043
2%
Under list
—
Days on market
0.7 mi
Distance
$835,000 Sold
3 weeks ago
•Single Family
21404 46th Place W, Mountlake Terrace, WA 98043
2%
Under list
—
Days on market
0.5 mi
Distance
$835,000 Sold
3 weeks ago
4 bd•2 ba•~2,417 sq ft•Single Family
21404 46th Place W, Mountlake Terrace, WA 98043
2%
Under list
—
Days on market
0.5 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data via RentCast · Updated May 2026
4.3/10
Car-Dependent
Most errands require a car
4.3/10
Some bikeability
Minimal bike infrastructure
Provided by Walk Score
Schools shown are the nearest public Elementary, Middle, and High school for this property. School district boundaries change — verify the assigned school with the district before purchasing.