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$595,000
2 Beds ⋅ 3 Baths ⋅ 2520321 MLS ⋅ ACTIVE Status
Move-in ready 2018 built gated townhome in a prime Mountlake Terrace location near shopping, Costco, Alderwood Mall, dining, transit, future light rail station, & I-5! Welcoming entry, private fenced backyard, & oversized 2-car tandem garage, this offers both comfort and functionality. Inside, enjoy high ceilings, recessed lighting, designer finishes, & an open-concept great room layout ideal for everyday living and entertaining. Gourmet kitchen features slab quartz countertops, stainless steel appliances, peninsula seating breakfast nook, and modern cabinetry. Spacious primary suite includes a walk-in closet, private bath with double sink & quartz counters. Conveniently located minutes from Lake Ballinger, Interurban Trail, Mountlake Terrace Recreation Pavilion, parks, and the future light rail station for an easy commute to Seattle and surrounding areas. Close to local restaurants, coffee shops, and community events. Stylish, low-maintenance living with great commuter access. No Rental Cap! Don’t miss out on this opportunity!

21317 48th Avenue W Unit #E6, Mountlake Terrace

Listing courtesy of Skyline Properties, Inc..

$259,000
1 Beds ⋅ 1 Baths ⋅ 2519166 MLS ⋅ ACTIVE Status
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..

$380,000
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.

$529,000
3 Beds ⋅ 1 Baths ⋅ 2518860 MLS ⋅ CONTINGENT Status
One of the most compelling opportunities in Mountlake Terrace. Ideally located just minutes from the Transit Center ( light rail) and I-5, this property offers the location buyers are searching for with the freedom to make it your own. Set on a spacious lot in an established neighborhood with mature trees, there is room to expand, garden, or create your ideal outdoor space. Inside features a functional layout ready for your personal touch, providing the chance to build equity in a high-demand area. Close to parks, shopping, dining, medical, and everyday amenities with convenient access to Seattle and surrounding areas. A strong combination of location, lot, and long-term potential.

5705 238th Street SW, Mountlake Terrace

Listing courtesy of Windermere Real Estate/CIR.

$265,000
2 Beds ⋅ 1 Baths ⋅ 2516566 MLS ⋅ ACTIVE Status
Remodeled 2 bed/1 bath ground-floor condo in the heart of Mountlake Terrace. Updated interior with access to a community pool. Ideally situated minutes from I-5 and SR-99, with the Mountlake Terrace Light Rail Station just moments away — connecting residents to downtown Seattle, the University District, and Sea-Tac Airport with ease. Surrounded by parks, trails, shopping, dining, and top employers across Seattle's Eastside and Snohomish County corridors. Strong, consistent rental demand makes this a smart addition to any investment portfolio. Cash or hard money financing only. Low HOA reserves and pending common area repairs make this unit ineligible for conventional, FHA, and VA financing. Pricing reflects the HOA's current financial position. For the positioned investor, this is a compelling entry point into one of the most connected and in-demand communities in South Snohomish County — with upside potential as the HOA completes repairs and reserves rebuild.

4118 212th Street SW Unit #C103, Mountlake Terrace

Listing courtesy of KW Greater Seattle.

$280,000
1 Beds ⋅ 1 Baths ⋅ 2482727 MLS ⋅ ACTIVE Status
Beautifully reimagined ground-floor residence in the coveted Parkside community, where lush evergreens, vibrant rhododendrons, & impeccably maintained grounds create a serene, park-like retreat. Perfectly positioned on a desirable corner with a private entrance, this sophisticated home blends timeless design w/effortless living. The thoughtfully designed open-concept floor plan is filled with natural light & features an inviting living room anchored by a striking corner fireplace, flowing seamlessly to the dining area & a secluded patio ideal for morning coffee, alfresco dining, or entertaining. The well-appointed kitchen showcases newer appliances, abundant cabinetry & exceptional functionality, while the spacious primary bedroom offers a peaceful sanctuary with generous closet space. A newer stacked washer and dryer add everyday convenience. Extensive recent updates include new carpet & interior paint, countertops, sinks, fixtures, hot water tank & beautifully refinished hardwood parquet flooring. Parkside is a pet-friendly community offering scenic walking trails, an outdoor pool w/cabana, & beautifully landscaped grounds. Just moments from the Mountlake Terrace Recreation Pavilion, dog park, sports fields & tennis courts, schools, amenities, major commuter routes, the Mountlake Terrace Park & Ride & the Light Rail Station. An exceptional opportunity to enjoy refined, low-maintenance living in one of Mountlake Terrace's most desirable communities.

5506 220th Street SW Unit #A-105, Mountlake Terrace

Listing courtesy of Pacific Properties.

$714,000
4 Beds ⋅ 2 Baths ⋅ 2506804 MLS ⋅ ACTIVE Status
Versatile 4 bed, 2 bath home offering flexibility, space, and future potential. The main living area features an open kitchen and living space, ideal for everyday living and entertaining, along with a full-size washer and dryer. A standout feature of the home is the expansive secondary living area complete with its own kitchenette, bathroom, and separate washer/dryer—perfect for a primary suite, multi-generational living, guest space, home office, or more. Situated on a large quarter acre lot with a huge backyard, this property offers room to enjoy now while also providing long-term upside. Conveniently located near the Mountlake Terrace Transit Station with easy access to I-5, and just minutes to parks, the library, and other local amenities. Located within the Town Center (TC) zoning district, allowing for potential 4-6 story residential and mixed-use development (buyer to verify). A rare combination of move-in ready living, flexible layout, and future potential in a growing area.

23304 55th Avenue W, Mountlake Terrace

Listing courtesy of Keller Williams Downtown Sea.

$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.

$345,000
2 Beds ⋅ 1 Baths ⋅ 2488091 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.

$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.

$240,000
2417669 MLS ⋅ ACTIVE Status
This is your chance to take over this beautiful AFH is licensed for 6 residents, with 5 spacious bedrooms and 3 wheelchair accessible bathrooms. The house has a great open lay out with open kitchen and dining area, beautiful backyard and deck outdoors for residents to enjoy beautiful weather.

Mountlake Terrace

Listing courtesy of HomeSmart Real Estate Assoc.

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