5700 212th Street Sw

Mountlake Terrace, WA
$ 895,000 Beds 2 Baths 1 Sq 768
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 895,000
  • City
  • Mountlake Terrace
  • Bedrooms
  • 2
  • Full Bathrooms
  • 1
  • County
  • SNOHOMISH
  • Half Bathrooms
  • 0
  • Area
  • Southwest Snohomish
  • Lot Size
  • 0.38 Acres
  • Zip
  • 98043
  • Sqr Footage
  • 768
  • Year Built
  • 1957
  • Taxes
  • $ 5391
  • Style
  • 1 Story
  • MLS#
  • 2533110
Listed By: Pacific Northwest Realty and NWMLS
Data Source: Northwest Multiple Listing Service (NWMLS)

Features

General

Living Area 768
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing,Subject To Tenant Rights
Roof See Remarks
Appliances Dishwasher,Dryer,Refrigerator,Stove(s)/Range(s),Washer
Security Features Fully Fenced
Year Built 1957
View Lake
Topography Level,Sloped
Levels One
Property Subtype Single Family Residence
Tax Year 2026
County Snohomish
New Construction No
Property Type Residential
HOA No
Attached Garage No
Subdivision Name Halls Lake
Facing Direction North
Full Baths 1
Special Listing Conditions None
Status Active
Directions GPS
High School Buyer To Verify
City Mountlake Terrace
Entry Location Main
Senior Community Y/N No
High School District Edmonds
MLS Area 730 - Southwest Snohomish
Lot Size Units Square Feet
Lot Size Square Feet 16553
Carport Y/N No
Listing Terms Cash,Conventional,FHA
Elementary School Buyer To Verify
Land Lease Y/N No
Tax Annual Amount 5391.21
Middle/Junior High School Buyer To Verify
Property Condition Good
Public Remarks 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 be
Structure Type House
Building Area Units Square Feet
Standard Status Active
Water Company MLT
Total Actual Rent 2200
Property Style 10 - 1 Story
NWM_ShowMapLink Yes

Interior Features

Interior Amenities Ceiling Fan(s),Dbl Pane/Storm Window,Fireplace,Water Heater
Basement None
Flooring Vinyl Plank
Total Fireplaces 1
Fireplace Features Wood Burning
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N Yes
Total Bedrooms 2
Main Level Bedrooms 2
Total Baths 1
Water Heater Type eletric
Fireplaces Main 1
Power Production Type Electric
Baths Full Main 1
Bathrooms 1

Exterior Features

Exterior Amenities Wood
Vegetation Garden Space
Parking Features None
Lot Features Value In Land
Water Source Public
Total Parking 4
Inclusions Dishwasher(s),Dryer(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
Foundation Details Poured Concrete
Building Area Total 768
Lot Size Acres 0.38
Waterfront Y/N No
Irrigation Water Rights Y/N No
Site Features Cable TV,Deck,Fenced-Fully,High Speed Internet
Parking Uncovered Total 4

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Vancouver, WA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Buyer To Verify Elementary School
Middle School Buyer To Verify Middle School
High School Buyer To Verify High School

Price History

7/9/2026 Listed $990,000
7/29/2026 10% - $895,000

Property vs Zip Code Average in 98043

Price
AVG $760K
$900K
Taxes
AVG $4,995
$5,391
Year Built
AVG 1979
1957
Visits
AVG 161
144
Data Provided by Inside Real Estate®

Areas That We Cover

5700 212th Street Sw Mountlake Terrace, WA is a Single Family Home for sale at $895000 with 768 sqft and a lot size of 0.38 Acres Acre(s). 5700 212th Street Sw Mountlake Terrace has 2 bedrooms, 1 baths and was built in 1957. The property's zip code is 98043 which is in Mountlake Terrace, WA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.