$990,000
Est. $5,032/mo2 bd•1 ba•768 sq ft
5700 212th Street Sw, Mountlake Terrace, WA 98043
• Listed 2026-07-09•5 days on market
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Attention Investors: 2 updated ramblers on a large lot with views of Halls Lake, each 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: July 16, 2026 at 07:50am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2533110
Open houses
2 datesNearby open houses (3)
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Open Sat, Jul 2511:00 AM – 1:00 PM
$599K2 bd · 2.5 ba · 1,253 sqft
4804 215th Lane Sw #37, Mountlake Terrace, WA 98043
$971,000
-$19,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $500K and $655K.
Rental earnings
$2,925/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
$585,000Last sold price
21511 54th Place W, 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.
Neighborhood mobility
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Open Sat, Jul 25 +1Edmonds 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.
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: Sale-vs-list ratio data not available for this area.
Time on market: The average home goes pending in around 12 days.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jul 2026
