$895,000
Est. $4,606/mo2 bd•1 ba•768 sq ft
5700 212th Street Sw, Mountlake Terrace, WA 98043
• Listed 2026-07-09•7 days on market
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Based on information submitted to the MLS GRID as of August 10, 2026 at 01:12pm (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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HUGE PRICE REDUCTION! Attention Investors: 2 updated ramblers on a large lot with views of Halls Lake; each separate house has two bedrooms with full bathrooms. For over 25 years this property has been a wildly successful investment; and now even more with close proximiety to Link light rail. Zoned RMM - Medium Density Multi-Family. Options: rent both, live in one/lease the other or build a potential multi-unit complex? The first house, 5700: is 768 sf featuring two bedrooms and one full bathroom with a woodstove fireplace, deck overlooking the lake, plus fully fenced yard and shed. The 2nd upper house, 5702: is 696 sf with two bedroom and a one full bathroom with another half bath. Total square footage for both is 1,464 and the lot size is 16,553. Everything is updated -- these include: new kitchen quartz coutertops and cabinets, LVP flooring, fixtures, bathrooms, roofs, lawns, painting, fencing and driveway. Why buy one home when two are available for sale? Welcome to Halls Lake, an amazing opportunity.
Listed by Jeremy Steiner • Pacific Northwest Realty
Listing updated: August 10, 2026 at 01:12pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2533110
Open houses
2 datesNearby open houses (1)
See more →$878,000
-$17,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $500K and $704K.
Rental earnings
$2,625/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$624,950Last sold price
5506 216 Street Sw, Mountlake Terrace, WA 98043

$655,000Last sold price
4803 221st Street Sw, Mountlake Terrace, WA 98043
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
5700 212th Street Sw, Mountlake Terrace, WA 98043
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
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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: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 7 days.
$723,800 Sold
4 weeks ago
4 bd•2 ba•~1,478 sq ft•Single Family
22219 66th Avenue W, Mountlake Terrace, WA 98043
4%
Over list
—
Days on market
0.8 mi
Distance
$642,500 Sold
4 weeks ago
3 bd•2.5 ba•~1,630 sq ft•Single Family
21303 41st Court W, Mountlake Terrace, WA 98043
11%
Under list
—
Days on market
1.0 mi
Distance
$704,000 Sold
2 months ago
3 bd•1.75 ba•~995 sq ft•Single Family
22605 60th Avenue W, Mountlake Terrace, WA 98043
1%
Over list
—
Days on market
0.9 mi
Distance
$625,000 Sold
2 months ago
2 bd•1 ba•~1,170 sq ft•Single Family
5907 227th Street Sw, Mountlake Terrace, WA 98043
0%
Over list
—
Days on market
0.9 mi
Distance
$610,000 Sold
3 months 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
1.0 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 from MLS GRID / NWMLS · Updated Aug 2026
Edmonds School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.