Why Live in Chain Lake
Chain Lake in Monroe, Washington, features a mix of suburban developments and expansive multiacre lots, offering a variety of home styles from older ramblers and split-levels to contemporary homes with multicar garages. Luxury subdivisions like Garibaldi and Trombley Ridge Estates showcase traditional and Craftsman-inspired homes, with some properties catering to equestrian lifestyles on 5 to 20-acre lots. The neighborhood is known for its outdoor features, including the 40-acre Chain Lake, where fishing and boating are popular, and nearby parks like Lake Tye Park and Al Borlin Park, which offer a range of recreational activities. For those seeking more extensive hiking opportunities, Wallace Falls State Park is about 20 miles away. While Chain Lake lacks a commercial district, residents often visit Monroe for shopping and dining, with options like Hwy 2 Fusion Diner and Tuscano's Italian Kitchen. The Evergreen State Fairgrounds host various events throughout the year, including the annual fair and farm tours. Although bus routes do not directly serve Chain Lake, Community Transit's Bus 271 connects Monroe to Everett. Some addresses in Chain Lake fall within the Snohomish School District, known for its high ratings.
Home Trends in Chain Lake, WA
On average, homes in Chain Lake, Monroe sell after 122 days on the market compared to the national average of 70 days. The median sale price for homes in Chain Lake, Monroe over the last 12 months is $479,000, up 23% from the median home sale price over the previous 12 months.
Median Sale Price
$479,000
Median Single Family Sale Price
$506,177
Median Townhouse Sale Price
$765,000
Average Price Per Sq Ft
$312
Number of Homes for Sale
5
Last 12 months Home Sales
44
Median List Price
$496,990
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
23%