$535,000
Est. $2,714/mo2 bd•672 sq ft
23208 55th Avenue W, Mountlake Terrace, WA 98043
• Listed 2025-09-11•New today
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Based on information submitted to the MLS GRID as of May 29, 2026 at 6:14 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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Unique opportunity in transforming community of Mountlake Terrace. Over 10K lot size and current home positioned to allow easy access to backyard. Overall level site and current zoning allows for build out of additional home(s) on site or complete revamp to building/site. Combine with lot on 56th for larger commercial use/site. Current home is nicely updated with long-life metal roof, vinyl windows, fresh paint & carpet. Large carport with storage closets. Easily rents or enjoy as your home while you set your development goals in motion. Enjoy the privacy of this fully fenced backyard with room for hobbies, toys and outdoor activities. Quick walk to elementary school too. Affordable entry point into amazing real estate opportunity.
Listed by Paul Isenburg • Windermere Real Estate/East
Listing updated: November 23, 2025 at 04:02am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2430346
5 recent nearby sales, priced between $440K and $625K.

$535,000Last sold price
23208 55th Avenue W, Mountlake Terrace, WA 98043

$500,000Last sold price
22907 60th Ave W, Mountlake Terrace, WA 98043

$440,000Last sold price
23905 54th Avenue W, Mountlake Terrace, WA 98043
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Abigail Echols · Every Door Real Estate
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.
$78,000 Sold
1 day ago
2 bd•1 ba•Single Family
24222 54th Avenue W #57, Mountlake Terrace, WA 98043
22%
Under list
—
Days on market
0.6 mi
Distance
$1,150,000 Sold
1 week ago
4 bd•2.5 ba•~2,418 sq ft•Single Family
4802 236th Street Sw, Mountlake Terrace, WA 98043
8%
Under list
—
Days on market
0.5 mi
Distance
$640,000 Sold
2 weeks ago
3 bd•1.5 ba•~1,509 sq ft•Single Family
24226 52nd Avenue W #g, Mountlake Terrace, WA 98043
0%
Over list
—
Days on market
0.7 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
0.8 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
0.6 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
6.3/10
Somewhat Walkable
Some errands can be done on foot
5.4/10
Bikeable
Some 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.