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    Northwest Multiple Listing Service

    The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.

    Based on information submitted to the MLS GRID as of 2026-09-15 08:30:29. 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.


    IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID.

    The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. Listings that feature the "three tree" icon are provided courtesy of NWMLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.

    Copyright 2024 Northwest Multiple Listing Service. All rights reserved.

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    Home / Mountlake Terrace / 5507 240th Street SW
    5507 240th Street SW Mountlake Terrace, WA 98043 5507 240th Street SW Mountlake Terrace, WA 98043 5507 240th Street SW Mountlake Terrace, WA 98043 5507 240th Street SW Mountlake Terrace, WA 98043 5507 240th Street SW Mountlake Terrace, WA 98043 5507 240th Street SW Mountlake Terrace, WA 98043 5507 240th Street SW Mountlake Terrace, WA 98043 5507 240th Street SW Mountlake Terrace, WA 98043 5507 240th Street SW Mountlake Terrace, WA 98043 5507 240th Street SW Mountlake Terrace, WA 98043 5507 240th Street SW Mountlake Terrace, WA 98043 5507 240th Street SW Mountlake Terrace, WA 98043 5507 240th Street SW Mountlake Terrace, WA 98043 5507 240th Street SW Mountlake Terrace, WA 98043 View All Photos

    $799,000

    | Active

    5507 240th Street SW

    Mountlake Terrace, WA 98043

    0.18
    Acres
    26
    Days on Market
    NWM2571324
    MLS#
    Land
    Structure
    Residential
    Zone
    Contact
    Listing OfficeJohn L. Scott, Inc.

    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.

    Property Details
    Lot Features
    Corner Lot
    Lot Description
    Corner Lot
    Acres
    0.18
    Square Feet
    0.0
    Property Type
    Purchase
    Style
    40 - Res-Less thn 1 Ac
    Sewer Information
    On Property
    Utility Source
    On Property
    Utility Features
    Electricity Connected, Natural Gas Available
    Subdivision
    Mountlake Terrace
    School District
    Snohomish
    Elementary School
    Buyer To Verify
    Middle School
    Buyer To Verify
    High School
    Buyer To Verify
    County
    Snohomish
    Region
    Mountlake Terrace
    Zoning
    BC/D
    Original List Price
    $799,000
    Days on Market (Cumulative)
    26
    HOA Fees
    0.0
    MLS #
    2571324
    Property Subtype
    Land
    Parcel Number
    00498000101000
    MLS #
    2571324
    Date Listed
    August 19, 2026
    Address
    5507 240th Street SW
    Location
    Legal

    The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.

    Based on information submitted to the MLS GRID as of 2026-08-19T20:20:14Z. 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.


    IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID.

    The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. Listings that feature the "three tree" icon are provided courtesy of NWMLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.

    Copyright 2024 Northwest Multiple Listing Service. All rights reserved.

    Provided By
    Listed by Kimberly Shaeffer (#NWM106474)
    Listing Office: John L. Scott, Inc. (#NWM7115)

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