$726,705Average Value$443Average Price per Sq Ft6Homes For Sale
Neighborhood full of recreation and convenience
Tucked on the west side of Mountlake Terrace, Lake Ballinger embodies the city’s recreation-heavy persona and has easy access to nearby cities as it sits between major freeways. “One of the things that makes Mountlake Terrace unique is that we are a small town close to Seattle. We’re central to Bothell, Everett and Bellevue,” says Rikki Fruichantie, Communications Manager for the City of Mountlake Terrace. The neighborhood is divided, with the north accommodating most housing and the southern part dominated by Ballinger Park. The residential area resembles a suburb with cul-de-sac driveways and shaded trees. The park’s crown jewel is its large lake, which draws for fun water activities. It’s a community where neighbors look out for one another and strive for better. “Last week, I walked to the eye doctor. I wanted to say hi to four people, including a business owner and a police officer,” Fruichantie adds. “There are a lot of folks who have been here a long time and new folks. That makes us a richer community because we’re diverse."
Lake fun at Ballinger Park
The 55-acre Ballinger Park anchors the neighborhood. “I would say it’s a regional attraction,” says Fruichantie. “It used to be a regional golf course, and now it includes passive and active recreation.” The park's center is a large lake where many launch their kayaks, fish or swim. Besides the lake, competitive baseball or soccer games may occur within the sports field, or kids enjoy the playground area. “One of the big projects within that park is the whole creek restoration, which focuses on restoration and habitat,” Fruichantie says. “The creek will be more meandering and hopefully better for habitat and salmon.” Hikers may connect to the Interurban Trail, which stretches 24 miles to Everett. Golfers can tee up for a round of 18 at the public Nile Shrine Golf Course.
Lake Ballinger fills with people when the sun comes out.
Lake Ballinger residents can enjoy a large variety of water activities at Ballinger Park.
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Condos and ramblers are primary housing options
Lake Ballinger offers mostly single families and apartments, but some condo complexes exist. Condos surround the lake, usually along Lakeview Drive or off 74th Ave. Prices can range from $250,000 for a one-bedroom and bathroom to $540,000 for a 1,200-square-foot two-bedroom. Single-family homes vary from ramblers to multi-levels. Two-bedroom rambler homes can start at $435,000 and peak over $800,000. Multi-level homes can start at around $675,000 and peak at around $1.1 million for a home with lake views.
Find a delightful blend of modern amenities and timeless charm in these Lake Ballinger condos.
Charming homes in Lake Ballinger adorn the streets with a touch of magic.
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Lots of dining and shopping within city's town center
Most of the city’s local dining is along 56th Avenue and 244th Street. “Most businesses are smaller family-owned. We do have two breweries that have a great following,” says Andrew Appelwick, Events Coordinator for the City of Mountlake Terrace. “There’s definitely a wide offering of food and cuisine.” Mornings often start with a cup from Espresso Break. Time Out: Greek and American Restaurant is a family-owned business that has been operating in the city for over 20 years. Diners enjoy the spots for their homey atmosphere and large portions. Baguus Little Asia is a neighborhood favorite, specializing in Pan Asian dishes, but many diners love it for its self-pour beer wall. Hemlock State Brewery went from brewing in the garage to serving over 15 beers on tap seven days a week. Grocery shopping can be done at Ballinger Thriftway. More shopping and dining are on the way as the city is undergoing lots of renovations. “We are redeveloping the town center, and part of doing that is bringing more housing, shops and services,” Fruichantie says. “We’re seeing that happen, and it’s picking up steam.”
Take the family to Las Brazas Del Volcan in Lake Ballinger for a delicious meal and a good time.
Grab a bite at one of many restaurant options after a lovely day of shopping in Lake Ballinger.
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Home to the 3rd of July Festival
Community Engagement in Mountlake Terrace has grown significantly, quadrupling the number of events from three in 2022 to 16 in 2024. Newly added events include Terrace Summer Nights, which is the city’s take on a concert and movie series. The annual 3rd of July event in Ballinger Park draws over 7,000 people. Festivalgoers stroll the park to taste the food trucks and play the games. The evening is then capped off with a bright fireworks show. “It’s one of the events we claim as our own. A third of the people came from outside,” Appelwick says. “It has walkable paths, and there is more opportunity to relax and lounge without the congestion.” However, the largest event held in the city is the Tour De Terrace. 70,000 people attend the weekend event to celebrate community pride through a carnival, parade, live music, food trucks, and a car show.
Lake Ballinger residents head to Lake Ballinger Park for 3rd of July Family Celebration.
Lake Ballinger residents head to Lake Ballinger Park for 3rd of July Family Celebration.
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STEM-based education for Lake Ballinger students
Students may start their education within the Edmonds School District, which earns a B from Niche. Kindergarten through sixth-grade students can begin at Mountlake Terrace Elementary, which earns a B-minus grade. Seventh and eighth graders can go to Brier Terrace Middle. The B-plus school offers a Highly Capable program for students who excel in learning outside the regular classroom. Students receive diplomas from Mountlake Terrace High, another B-plus school. Their STEM Magnet program provides four years of study within that field. That includes STEM-based competitions, as well as engineering, computer science, and biotechnology courses.
Mountlake Terrace Elementary provides excellent education to students.
Mountlake Terrace High School prepares students for graduation and beyond.
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In between Highway 99 and Interstate 5
Commuters have straightforward options to reach Seattle. The neighborhood borders Interstate 5, where it’s a 14-mile drive south with traffic. Highways 99 and 104 connect drivers to Everett and Bothell. Come August, drivers can take their vehicles to the Mountlake Terrace station for light rail access to Seattle.
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.
View GreatSchools Rating Methodology
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Crime and Safety
1 - Low Crime, 10 - High Crime
Lake Ballinger
US
Homicide
1
4
Sexual Assault
4
4
Assault with Weapon
3
4
Robbery
3
4
Burglary
5
4
Motor Vehicle Theft
5
4
Larceny
5
4
Crime Score
4
4
Source: WhatIsMyCrimeRisk.com
Lake Ballinger Demographics and Home Trends
On average, homes in Lake Ballinger, Mountlake Terrace sell after 25 days on the market compared to the national average of 53 days. The median sale price for homes in Lake Ballinger, Mountlake Terrace over the last 12 months is $645,000, up 24% from the median home sale price over the previous 12 months.
Beautifully renovated 2-bedroom, 1-bath condo blends modern upgrades w/ everyday convenience. Top floor means no running feet above you! Features a pool & a park-like setting. Enjoy a spacious layout with a welcoming living area that opens to a private balcony—perfect for your morning coffee. Updated windows fill the home w/ light while boosting energy efficiency and comfort. Features include a
Top-floor corner unit with Lake Ballinger views minutes from the new Mountlake Terrace light rail station. This 2-bed condo with a dedicated office is ideal for both commuters and remote workers. Large windows, and a private balcony bring in natural light and showcase the peaceful lake setting. The kitchen and bathroom have been tastefully updated with modern finishes. Enjoy a spacious 1,422 sq
Beautiful ground floor condo, in great condition & ready to enjoy. The home features an open floor plan with inviting living room, cozy fireplace, pleasant dining room, covered patio. The kitchen is has generous work space & cabinetry, new counters & appliances & is open to the dining room & great office w/garden window. The primary suite is luxurious, w/large bedroom, doors to the patio, double
Updated Edmonds Bungalow with Huge Entertaining Deck. Freshly painted inside and out with refinished hardwood floors, this beautifully updated home is move-in ready just in time for the holidays. The spacious 900+sq. ft. custom deck overlooks a fully fenced backyard with firepit & shed, perfect for outdoor entertaining. Convenient RV parking along the side of the property. Inside, enjoy cozy
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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
