$718,705Average Value$494Average Price per Sq Ft27Homes For Sale
Metropolitan suburb north of Seattle
Mountlake Terrace is a smaller city of around 22,000 people that sits centrally located to major nearby cities but never too far away from nature. “We’re definitely small city but trending toward a large city feel,” says Andrew Appelwick, Events Coordinator for the City of Mountlake Terrace. “We’re a big outdoor community. We have nine parks within the 4 miles here. We have trails and a waterfront area. We have our own pool.”
It is also conveniently located near major area employers. “We’re close to Bothell, which has a lot of Biomed. To the north is Everett, a major economic engine because it has the Paine Field. Being between these cities and close to Seattle is essential,” says Rikki Fruichantie, Communication Manager for the City of Mountlake Terrace. Besides these factors, residents can explore various cultural restaurants and be close to the city-run events.
Residential homes in Mountlake Terrace are modern and large.
Mountlake Terrace's Pontiac Car Show is one of many neighborhood events.
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Condos and houses from Lake Ballinger to Gateway
Single-family houses are common and vary in architecture from mid-century, ranch-style homes to new traditionals, like those in both Lake Ballinger and Town Center . The median single-family home price is approximately $700,000, which is around $100,000 less than the Seattle average. Neighborhoods, including Lake Ballinger, Cascade View and Gateway , have traditional condo and apartment options too. Condos are listed from around $250,000 to $700,000.
Condos and townhomes are another housing option in Gateway, Mountlake Terrace, WA.
A cozy renovated ranch style home in Mountlake Terrace, WA is nestled against the trees.
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Activities from Ballinger Lake to Candy Cane Park
The city has nearly 270 acres of recreational space, including parks with off-leash dog areas, athletic fields and various trails. Nile Shrine Golf Course is a public course adjacent to Ballinger Lake with water views. Mountlake Terrace’s only lake and fishing pier is in Ballinger Park, where the city’s 3rd of July celebration is held. One of the city’s first parks is Terrace Creek Park, affectionately known locally as “Candy Cane Park,” garnered after the first red and white play structure was built in 1954. Movie nights and live music are held in the park’s open space as part of the Terrace Summer Nights series.
There are plenty of fun outdoor activities at Lake Ballinger, neighboring Mountlake Terrace.
Terrace Creek Park in Mountlake Terrace offers walking trails and more.
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State Highway 99 shopping centers and international cuisine
Ballinger Village is the city's central retail area with a Thriftway and fast-food chains. The area also has bars and restaurants. Additional shopping centers with major grocers, big box stores and retail chains are found along state Highway 99.
Mazatlan Restaurant is the spot to get your Mexican food fix in Mountlake Terrace, WA.
Eggs benedict with a refreshing fruit bowl is one of the many tasty Patty's Eggnest offerings.
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Education in Edmonds School District
Edmonds School District serves Mountlake Terrace and earns a B-plus grade from Niche. Four of the district’s 20 elementary schools are in the city, including Brier, which maintains a B-plus; Mountlake Terrace, which receives a B-minus; and Terrace Park and Cedar Way, which both earn B grades. Brier Terrace Middle School and Mountlake Terrace High School both earn B-plus grades.
Mountlake Terrace High School provides excellent education and top-notch after-school programs.
Brier Terrace Middle School main entrance.
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Sound Transit light rail and Seattle accessibility
In August 2024, Mountlake Terrace received a stop along the Sound Transit 1 Line light rail to Seattle. The rail runs parallel to Interstate 5, which connects the city to Seattle’s Fortune 500 companies in about 15 miles and the Seattle-Tacoma International Airport (SEA)—or “SeaTac”—in less than 30 miles. State Highway 99 also leads to Seattle and SeaTac. Community Transit buses serve the city. State Highway 104 runs east and west, tying the area to Edmonds and the Edmonds-Kingston ferry in about 5 miles. Swedish Edmonds Campus is the nearest hospital and is a Level IV Trauma Center.
Decreasing violent crime across Mountlake Terrace
According to the Mountlake Terrace Police Department’s 2023 annual report, violent crime figures have decreased since 2021. Although the report does not include a comprehensive look at property crime figures, it indicates that vehicle thefts and burglaries have increased during over the same time frame.
Written By
Lauren Melton
Photography Contributed By
Erik Knudsen
Video By
Bill Jennings
Interested in learning more about homes in this area?
Reach out to
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GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
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On average, homes in Mountlake Terrace, WA sell after 20 days on the market compared to the national average of 49 days. The median sale price for homes in Mountlake Terrace, WA over the last 12 months is $687,500, up 7% from the median home sale price over the previous 12 months.
Under $600K in MLT—yes, really! This 1951 utilitarian mid-century block home is low-maintenance, high-function, and full of potential. Whether you're starting out or investing smart, you’ll love the light-filled living room with a cozy gas fireplace, open to the efficient kitchen. Fresh carpet in the bedrooms adds comfort, with flexible space for guests, WFH days, or your growing ohana. Sitting
A rare, luxury find! This like-new 2020 contemporary home features 5 bedrooms, 3 bathrooms, ~4,200 sq ft of thoughtful designed living space on a 8,400 sq ft lot. Soaring ceilings, sleek modern finishes, and an expansive open layout define the main floor. The gourmet kitchen impresses with a massive island, premium cabinetry, and abundant storage—perfect for hosting. All bedrooms are oversized,
Like new south-facing 2 bed / 1.5 bath Lake Village townhome steps from Lake Ballinger and Interurban Trail with private front and back patios and deck. Fully permitted remodel. New kitchen with upscale flat panel cabinets, quartz countertops, full height backsplash and new stainless appliances. Enjoy fresh paint and new hard surface flooring throughout. New bathrooms with brand-new tile work.
Discover the perfect blend of modern updates & conveniences in this charming two-bedroom condo. Step into a bright & inviting living space, with new windows that flood the rooms with natural light. Sleek new flooring adds a touch of elegance ensuring easy maintenance throughout. The kitchen has been tastefully updated with a brand-new range & hood, perfect for culinary enthusiast. Both bathrooms
Live where convenience and comfort connect in this gated Mountlake Terrace gem… perfectly located near shopping, transportation, and I-5. Covered entry, 2-car tandem garage, and private fenced backyard! Inside, you’ll find designer finishes, high ceilings with recessed lighting, W/D hookups, & an open layout with a great room concept. The gourmet kitchen boasts slab quartz countertops, stainless
Welcome to Montclair! Experience single-level living in the sought-after, gated 5 Corners community, minutes from downtown Edmonds. Enjoy cozy cafés, top dining, and scenic waterfront strolls that blend serenity with accessibility. Features include a grand entrance with guest parking & elevator, an open layout perfect for entertaining, and a gourmet kitchen with granite countertops, gas range,
Taluswood Apartments offers stylishly renovated one, two, and three-bedroom apartment homes in Mountlake Terrace, Washington. Whether it's the rustle of trees or the calming crackle of a fire, Taluswood is a community that takes hold of its Pacific Northwest roots. You'll enjoy direct access to the Creek Side Walking Trail, BBQ areas, tennis courts, basketball court, or our resort-style pool and
We look forward to welcoming you home! Call us today at the phone number listed in our contact info to speak with one of our friendly leasing team members.Come home to a place where residents always come first -Northern Lights Apartments! This quiet, comfortable apartment community is located in an ideal Mountlake Terrace neighborhood - just a short distance from Alderwood Mall, I-5 and
GRAND OPENING - MOVE IN TODAY!EMBARK ON YOUR JOURNEYTraxx Apartments is a brand-new mixed-use residential retreat where luxury apartments seamlessly intertwine with vibrant indoor and outdoor retail spaces and high-end amenities, delivering a lifestyle experience like no other. Discover the finest modern finishes inside your studio, one, two, or three-bedroom apartment, as well as an unbeatable
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