$624,950
Est. $3,223/mo3 bd•1 ba•1,134 sq ft
5607 240th Street Sw, Mountlake Terrace, WA 98043
• Listed 2026-08-07•1 day on market
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Based on information submitted to the MLS GRID as of August 8, 2026 at 04:57pm (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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Your very own oasis awaits in South Mountlake Terrace, just blocks from the Shoreline / King County line. Designer touches welcome you from the moment you pull into the custom circular driveway: Stunning new centerpiece kitchen with quartz counters, soft close cabinets, stylish backsplash & stainless appliances open to elegant living area with warm colors, wood floors, & separate eating area. No steps...All rooms & even the yard are on one level. Outside enjoy the huge, tranquil, park-like oasis with custom covered patio with stone accents, waterfall & separate firepit space ideal for year around use & entertaining. Not one, but two outbuildings provide versatility. The larger 10 x 12 powered outbuilding was used as a home office but could easily be a music / entertainment / exercise room, or valuable storage space. A terrific starter home for anyone looking to take advantage of its desirable proximity to Light Rail & the vibrant new Terrace Station with its hip restaurants, pubs, & walkways. Close to nearby parks, Costco, & I-5. Edmonds School District. Roof new in 2025. Brand new carpeting in bedrooms. Updated systems. Covered parking with lots of extra spaces thanks to the circular drive. Photos are virtually staged. A must see!
Listed by Rob Holmstrom • Real Broker LLC
Listing updated: August 8, 2026 at 04:57pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2566271
Open houses
$613,000
-$11,950 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $590K and $750K.
Rental earnings
$1,850/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$635,000Last sold price
23901 59th Place W, Mountlake Terrace, WA 98043

$635,000Last sold price
23901 59th Place W, Lake Forest Park, 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.
5607 240th 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 9 days.
$500,000 Sold
1 week ago
3 bd•1 ba•~996 sq ft•Single Family
5705 2238th Street Sw, Mountlake Terrace, WA 98043
5%
Under list
—
Days on market
0.2 mi
Distance
$90,000 Sold
6 weeks ago
2 bd•0.75 ba•Single Family
24222 54th Avenue W #12, Mountlake Terrace, WA 98043
22%
Under list
—
Days on market
0.2 mi
Distance
$765,000 Sold
7 weeks ago
5 bd•1.75 ba•~2,042 sq ft•Single Family
22803 66th Avenue W, Mountlake Terrace, WA 98043
1%
Under list
—
Days on market
0.9 mi
Distance
$730,000 Sold
8 weeks ago
3 bd•1.5 ba•~1,380 sq ft•Single Family
23108 50th Avenue W, Mountlake Terrace, WA 98043
1%
Over list
—
Days on market
0.7 mi
Distance
$704,000 Sold
8 weeks 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
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
Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.