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23502 PETERSON DriveMountlake Terrace, WA 98043

For Sale

$974,396

Smart Buyer Rebate $9,744

Huge Price Improvement! $25K Price Reduction + $25K Seller Credit toward rate buy-down or closing costs! Exceptional opportunity to own a fully WABO-licensed Adult Family Home (AFH) in the heart of Mountlake Terrace, approved for six residents with a designated caregiver room. This updated 1,654 sq ft home offers six bedrooms, two full baths, ample parking, and a large private backyard with a storage shed. Situated on a 9,148 sq ft lot with ADU/DADU potential (buyer to verify). Recent upgrades include new plumbing, a modern electrical panel, and an energy-efficient mini-split system. Prime location near MLT Light Rail, I-5, parks, and shopping—an ideal turnkey AFH or investment opportunity in a high-demand area!

Listed by Amha Woldegebreal

·

Best Choice Network LLC

Listed by Sibhat Petros

·

Best Choice Network LLC

Last updated October 24, 2025

·

Source: NWMLS #2418160

Listing Facts

  • TypeSingle-family
  • NeighborhoodTown Center Mountlake Terrace
  • Bedrooms6
  • Bathrooms2
  • Days on Prevu126
  • Taxes$4,814.08/year
  • Size1,654 sqft
  • Price per sqft$589

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

10/24/2025
Price Decreased
$974,396
08/07/2025
Listed by Best Choice Network LLC
$999,396

Property Details for 23502 PETERSON Drive

Exterior

Construction

  • Roof: Composition
  • Structure Type: House
  • Year Built: 1951
  • Construction Materials: Cement Planked
  • Exterior Features: Cement Planked

Features

  • Direction Faces: South

Measurements

  • Building Area Total: 1,654
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.21
  • Lot Size Square Feet: 9,148
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 00521500901000
  • Tax Annual Amount: $4,814.08
  • Tax Year: 2025

Interior

Features

  • Appliances: Dishwasher(s), Disposal, Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Flooring: Laminate
  • Interior Features: Ceiling Fan(s), Dining Room

Measurements

  • Living Area: 1,654

Rooms

  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 6
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 6

Other

Features

  • Accessibility Features: Accessible Bath, Accessible Bedroom, Accessible Central Living Area, Accessible Entrance, Accessible Kitchen, Accessible Utility

Location

  • Subdivision Name: Mountlake Terrace

Parking

Parking

  • Parking Features: Driveway, Off Street

Schools

High School

  • High School District: Edmonds

Utilities

Equipment

  • Has Cooling: Yes
  • Has Heating: Yes
  • Sewer: Sewer Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 6 bedrooms and 2 bathrooms in this single-family home at 23502 PETERSON Drive.

What are the annual taxes for 23502 PETERSON Drive?

Annual taxes for this single-family home are estimated at $4,814.

How does 23502 PETERSON Drive compare to other single-family homes in Town Center Mountlake Terrace?

This single-family home is listed 27% above the average price for single-family homes in Town Center Mountlake Terrace and has been on the market for 125 more days than the typical home in this area.

What is the square footage on this single-family home?

According to the MLS, this listing is 1,654 sqft.

23502 PETERSON Drive is a 6-bedroom, 2-bath single-family home for sale in Mountlake Terrace WA 98043. Available on Prevu for 126 days at $974,396. This includes a recent price decrease of $25,000. This residence features 1,654 square feet of living space, located in Mountlake Terrace. The median listing price for single-family homes in this area is $769,000. Additional amenities include pets allowed and parking. Browse more single-family home listings in Mountlake Terrace.

Based on information from NWMLS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.