Why Live in Terrace Lake Gardens
Terrace Lake Gardens in Kansas City offers a serene, city-adjacent living experience with two lakes providing scenic waterfront views. This southside neighborhood features spacious ranch-style homes from the late 1950s, set on quarter-to-half-acre lots. These homes come with desirable features such as wide decks, one- or two-car garages, lake access, and sometimes private docks. The active homeowners association maintains a community garden available to residents. The area is known for its low crime risk, safer than the national average. Commuting to downtown Kansas City takes about 20 minutes, making it convenient for city workers. Terrace Park and Warford Park offer green spaces for outdoor activities, with Terrace Park being a popular sledding spot in winter and Warford Park providing a reservable shelter. For more extensive recreational options, Minor Park, just 2 miles west, includes a playset, cricket area, pickleball courts, and an 18-hole golf course. While the neighborhood itself is primarily residential with no restaurants, nearby Truman’s Marketplace, 2 miles south, hosts familiar dining chains. Locally owned TJ’s Café, just west of the mall, is known for its classic American cuisine and all-day breakfast. Schools in the area include Warford Elementary, Smith-Hale Middle, and Ruskin High, which offer various programs to support personal and academic development.
Frequently Asked Questions
Is Terrace Lake Gardens a good place to live?
Terrace Lake Gardens is a good place to live. Terrace Lake Gardens is considered very car-dependent and somewhat bikeable with minimal transit options. Terrace Lake Gardens has 6 parks for recreational activities. It is fairly sparse in population with 3.2 people per acre and a median age of 36. The average household income is $69,531 which is below the national average. College graduates make up 38.2% of residents. A majority of residents in Terrace Lake Gardens are home owners, with 35.1% of residents renting and 64.9% of residents owning their home. A
local real estate agent serving Terrace Lake Gardens can help you decide if this neighborhood is the right one for you. Learn more on our
Terrace Lake Gardens neighborhood guide.
Is Terrace Lake Gardens, MO a safe neighborhood?
Terrace Lake Gardens, MO is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Terrace Lake Gardens?
The median home price in Terrace Lake Gardens is $405,000. If you put a 20% down payment of $81,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,100 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $90K a year to afford the median home price in Terrace Lake Gardens. The average household income in Terrace Lake Gardens is $70K.
What are the best public schools in Terrace Lake Gardens?
The best public schools that serve Terrace Lake Gardens are:
What are the best private schools in Terrace Lake Gardens?
The best private schools that serve Terrace Lake Gardens are:
What are the most popular zip codes in Terrace Lake Gardens, Kansas City, MO?
What are the most popular neighborhoods near Terrace Lake Gardens, Kansas City, MO?
Home Trends in Terrace Lake Gardens, MO
On average, homes in Terrace Lake Gardens, Kansas City sell after 80 days on the market compared to the national average of 70 days. The median sale price for homes in Terrace Lake Gardens, Kansas City over the last 12 months is $320,000, up 64% from the median home sale price over the previous 12 months.
Median Sale Price
$320,000
Median Single Family Sale Price
$389,900
Median 2 Bedroom Sale Price
$275,000
Average Price Per Sq Ft
$200
Number of Homes for Sale
5
Last 12 months Home Sales
6
Median List Price
$405,000
Median Change From 1st List Price
12%
Median Home Sale Price YoY Change
64%