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Listed by Jeff Strowbridge • Broadmoor Real Estate Group.
FOR SALE

$810,000

Est. $4,487/mo

Price reduced $9,900 from the original $819,900 asking price

3 bd•1.75 ba•1,368 sq ft

5408 240th Street SW, Mountlake Terrace, WA 98043

• Listed Aug 28, 2026•41 days active · 41 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: Broadmoor Real Estate Group; Jeff Strowbridge; 360-661-5093; j.strowbridge.js@gmail.com

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Listing Broker: Broadmoor Real Estate Group; Jeff Strowbridge; 360-661-5093; j.strowbridge.js@gmail.com

About this home

Welcome to this exceptional Mountlake Terrace residence, where refined style, thoughtful updates, and timeless comfort come together beautifully. Meticulously updated from top to bottom, this remarkable resale is truly move-in ready and filled with elevated details throughout. This home is designed to impress, offering an inviting setting for both everyday living and effortless entertaining. At the heart of the home, the gourmet kitchen showcases custom soft-touch cabinetry, elegant quartz countertops, and premium stainless steel appliances. Gleaming floors, detailed trim work, and beautifully considered finishes add warmth and sophistication throughout the living spaces. Three generously sized bedrooms provide flexibility and comfort, while the spacious primary suite offers a private retreat at the end of the day. The adjoining primary bath is nothing short of breathtaking, creating a luxurious, spa-inspired escape that perfectly complements this exceptional home. Set on a large, private lot, this property offers plenty of room to create the outdoor setting you’ve been dreaming of. Enjoy a peaceful sense of privacy with ample space for gardens, entertaining, play areas, and a variety of outdoor activities. This expansive property provides the flxibility to make it your own. Closing to light rail, freeways, and shopping. Welcome Home!

Property type
Single Family
Year built
1951
Interior
1,368 sq ft
Lot size
0.37 acres
Parking
None
Price / sq ft
$592
HeatingWall Furnace
CoolingNone
Property taxes$5,336/yr (est.)
School districtEdmonds

Listed by Jeff Strowbridge • Broadmoor Real Estate Group

Listing updated: October 8, 2026 at 10:29am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2575449

Around this home

RexMont OfferEdge™

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5408 240th Street SW, Mountlake Terrace, WA 98043

List price
$810,000
Down payment
$162,000

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Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.

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.

Property details

Interior features

  • Bath Off Primary
  • Dbl Pane/Storm Window
  • Dining Room
  • Walk-In Closet(s)
  • Water Heater

Kitchen

  • Dishwasher
  • Microwave
  • Refrigerator
  • Stove(s)/Range(s)

Bedrooms

  • 3 bedrooms total
  • 3 on the main level

Bathrooms

  • 1 full bathroom
  • 1 three-quarter bathroom (shower, no tub)
  • 1.75 bathrooms total (NWMLS count)
  • 2 on the main level

Layout

  • 1 Story
  • 1,368 sq ft finished

Flooring

  • Ceramic Tile
  • Vinyl Plank

Heating & cooling

  • Wall Furnace heating
  • None cooling

Single-family home facts

As entered by the listing broker on Northwest MLS

Lot & site

Lot dimensions
Buyer to Verify
Topography
Level
Vegetation
Garden Space, Wooded
Zoning jurisdiction
City
Faces
West

Systems

Energy source
Electric
Power production
Electric
Water heater
Electric
Water heater location
Closet
Power company
SNOHO PUD
Water company
City of Mountlake Terrace
Sewer company
City of Mountlake Terrace
Irrigation water rights
No

Rooms & extras

Bathtubs
1
Showers
2

New construction

Square footage source
Assessor
Lot size source
Assessor
Effective year built source
See Remarks

Manufactured home

Land lease
No

Neighborhood mobility

Walk, bike & transit scores

Source: Walk Score®, Bike Score® and Transit Score® are provided by Walk Score (walkscore.com), a third-party service. This is not Northwest MLS listing data.

Schools

Ratings via SchoolDigger

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.

Sales & Tax Records for 5408 240th Street SW

NWMLS via MLS Grid

Every listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.

  1. Oct 8, 2026
    Price reduced
    NWMLS via MLS Grid · #2575449
    $810,000
    $592/sq ft
  2. Aug 28, 2026
    Listed
    NWMLS via MLS Grid · #2575449
    $819,900
    $599/sq ft
  3. Jul 8, 2004
    Sold
    NWMLS via MLS Grid · #24082107
    $230,000
    $168/sq ft
  4. Jun 27, 2004
    Pending
    NWMLS via MLS Grid · #24082107
    $243,900
    $178/sq ft
  5. Jun 13, 2004
    Listed
    NWMLS via MLS Grid · #24082107
    $243,900
    $178/sq ft

Down payment assistance

6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.

Northwest MLS lists this home as eligible for down payment assistance programs

Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.

Mortgage payment forecast

$5,135 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

Takes about 5 minutes & won't affect your credit

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Source: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

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Listing Broker: Broadmoor Real Estate Group; Jeff Strowbridge; 360-661-5093; j.strowbridge.js@gmail.com

Market pulse

Mountlake Terrace is a seller's market.

Inventory is low and competition is high. Sellers have more negotiating power.

Buyer's marketSeller's market
  • Offer insight: Well-priced homes draw multiple offers; others sell close to asking.

  • List to sale price: The average home sells very close to list price.

  • Time on market: The average home goes pending in around 50 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $860,000 Sold

    1 day ago

    4 bd•2.75 ba•~1,923 sq ft•Single Family

    23702 45th Court W, Mountlake Terrace, WA 98043

    2%

    Over list

    26

    Days on market

    0.7 mi

    Distance

  • $656,656 Sold

    1 week ago

    3 bd•1.5 ba•~1,256 sq ft•Single Family

    5603 240th Street SW, Mountlake Terrace, WA 98043

    0%

    Over list

    34

    Days on market

    0.1 mi

    Distance

  • $590,000 Sold

    2 weeks ago

    3 bd•1 ba•~1,182 sq ft•Single Family

    23103 59th Avenue W, Mountlake Terrace, WA 98043

    10%

    Over list

    34

    Days on market

    0.6 mi

    Distance

  • $715,000 Sold

    2 weeks ago

    3 bd•1 ba•~1,456 sq ft•Single Family

    5704 227th Street SW, Mountlake Terrace, WA 98043

    3%

    Under list

    33

    Days on market

    0.9 mi

    Distance

  • $415,000 Sold

    2 weeks ago

    3 bd•1 ba•~1,058 sq ft•Single Family

    4602 237th Place SW, Mountlake Terrace, WA 98043

    0%

    Over list

    —

    Days on market

    0.6 mi

    Distance

Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.

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Market data from MLS GRID / NWMLS · Updated Oct 2026

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of October 8, 2026 at 10:29am (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.

Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

© 2026 Northwest Multiple Listing Service. All rights reserved.

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