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Gateway Homes for Sale

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  • /26

    $725,000 Open Sat 1PM - 3PM

    • 3 Beds
    • 2 Baths
    • 1,166 Sq Ft

    5410 240th St SW, Mountlake Terrace, WA 98043

    Prime Mountlake Terrace location just minutes from the Light Rail! This charming home is tucked at the end of a quiet dead-end street offering privacy & an oversized driveway for ample parking. Inside, enjoy a convenient layout with updated LVP flooring, fresh paint, stylish accent walls & a refreshed kitchen featuring new appliances, fixtures & hardware. The home offers 3 generously sized

    Vadym Kriuchek Pellego, Inc.

    5410 240th St SW, Mountlake Terrace, WA 98043
  • /33

    $925,000

    • 3 Beds
    • 2 Baths
    • 1,941 Sq Ft

    4530 240th St SW, Mountlake Terrace, WA 98043

    Welcome home to this beautifully renovated rambler in Mountlake Terrace, nestled on an expansive 12,000+ sq ft lot. With 1,941 sq ft of thoughtfully designed living space, this 3-bedroom, 2-bathroom home offers the perfect blend of comfort and style for everyday living. Enjoy meals in the updated kitchen with brand new cabinets and high-quality appliances, and create lasting memories in the

    Hoiyan Chim Specialty Real Estate Group

    4530 240th St SW, Mountlake Terrace, WA 98043
  • /35

    $624,999

    • 2 Beds
    • 1 Bath
    • 672 Sq Ft

    5705 241st St SW, Mountlake Terrace, WA 98043

    Beautifully remodeled 2-bedroom, 1-bathroom home with a sleek, updated kitchen featuring high-end appliances, modern countertops, and ample storage. The open-concept layout connects the kitchen, dining, and living areas for a spacious feel. Updates include a renovated bathroom, fresh interior paint, new flooring, and a newer roof. The home has been brought up to all current city codes, offering

    Brian Alfi Windermere R.E. Shoreline

    5705 241st St SW, Mountlake Terrace, WA 98043
  • /34

    $999,000

    • 3 Beds
    • 4 Baths
    • 2,172 Sq Ft

    5510 238th St SW Unit A, Mountlake Terrace, WA 98043

    Rare opportunity for a large corner townhome approved for live/work in the Antares community! Sireli Plan offers 3 bedrooms, 4 bathrooms, 2,172 sq ft, and a massive Great Room extending the length of the home on the main level. The lower level features a large Bonus Room with separate entry & bath—ideal for live/work use. Enjoy a gourmet kitchen with quartz countertops, stainless steel

    Don Weintraub Windermere Real Estate/East

    5510 238th St SW Unit A, Mountlake Terrace, WA 98043
  • /40

    $925,000

    • 3 Beds
    • 2.5 Baths
    • 2,971 Sq Ft

    4311 238th Place SW, Mountlake Terrace, WA 98043

    Welcome to this unique, custom-built home—originally the first constructed in this quiet cul-de-sac of a desirable Mountlake Terrace neighborhood. Featuring a PRIVATE GREEN BELT, this home offers rare seclusion and a peaceful setting. Expansive windows invite natural light throughout the open-concept living, dining, and kitchen areas, creating a bright and airy atmosphere. French doors open to a

    Ilisapesi Tokomaata Best Choice Network LLC

    4311 238th Place SW, Mountlake Terrace, WA 98043
  • /34

    $800,000

    • 3 Beds
    • 2 Baths
    • 1,619 Sq Ft

    5403 240th St SW, Mountlake Terrace, WA 98043

    Centrally located between Seattle & Everett sits this 3bed/2bath home nestled in the vibrant community of Mountlake Terrace. Offering the perfect blend of comfort & convenience. Close to transit & light-rail station, I-5, shopping, parks, & trails. Newly renovated offering a cozy living & dining rm & multiple versatile rms adapt to your needs. Open-concept kitchen w/granite counters, equipped

    Baba Badru Redfin

    5403 240th St SW, Mountlake Terrace, WA 98043
  • /15

    $149,000

    • 2 Beds
    • 1 Bath

    24222 54th Ave W Unit 19, Mountlake Terrace, WA 98043

    Desirable corner lot/space in 55+ Owner Occupied, all new interiors! Originally a 4bed home, now a 2bed with bright, open kitchen, new insulation & sheetrock, paint, updated plumbing and rewired throughout w/new breakers. Heat pump with A/C heating and cooling, tankless H20, heated flooring in bathroom w/double Lotus sinks and cast iron tub w/jets. Gas top cooking with electric oven and shaker

    Mary Devino John L. Scott, Inc.

    24222 54th Ave W Unit 19, Mountlake Terrace, WA 98043

Why Live in Gateway

Gateway, located about 15 miles north of Seattle, is one of six neighborhoods in Mountlake Terrace, a community established for World War II veterans and officially incorporated in 1954. The neighborhood features a mix of traditional single-family homes and townhomes, with styles ranging from 1950s one-story ramblers to spacious multi-story Craftsman constructions. Newer developments include townhomes and the cottage-style homes of Velorum. Gateway's residential blocks often have small to moderate lawns and some are lined with sidewalks. The area includes two primary parks: Terrace Ridge Park, which offers 6 acres of walking paths, a playground, and open hillsides, and Forest Crest Playfield, a hub for youth sports with baseball and soccer fields. The Edmonds School District serves the neighborhood, providing education from elementary through high school. Van Ry Road is a key thoroughfare, leading to amenities such as a post office, Axis Pharmacy Northwest, and the Regal Cinebarre Mountlake theater. Dining options include Mazatlan Mexican Restaurant Mountlake and Gabriel’s Fire Restaurant, Grill and BBQ, known for its made-from-scratch recipes. Hemlock State Brewing Co. on 56th Avenue West offers a variety of ales, IPAs, and lagers in its taproom. For athletes, the Forest Crest Athletic Club provides tennis and pickleball courts, while the nearby Nile Shrine Golf Course offers a public par 67 layout. Annual events near Gateway include the July 3 fireworks show at Ballinger Park, the December tree lighting at city hall, and the long-running Arts of the Juried Art Show at Mountlake Terrace Public Library.

Frequently Asked Questions

Is Gateway a good place to live?
Gateway is a good place to live. Gateway is considered somewhat walkable and somewhat bikeable. Gateway has 2 parks for recreational activities. It has a median age of 44. The average household income is $106,567 which is above the national average. College graduates make up 38.5% of residents. A majority of residents in Gateway are home owners, with 33.3% of residents renting and 66.7% of residents owning their home. A local real estate agent serving Gateway can help you decide if this neighborhood is the right one for you. Learn more on our Gateway neighborhood guide.
Is Gateway, WA a safe neighborhood?
Gateway, WA 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 Gateway?
The median home price in Gateway is $771,975. If you put a 20% down payment of $154,400 and had a 30-year fixed mortgage with an interest rate of 6.31%, your estimated principal and interest payment would be $3,830 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $164K a year to afford the median home price in Gateway. The average household income in Gateway is $107K.
What are the best public schools in Gateway?
The best public schools that serve Gateway are:
What are the best private schools in Gateway?
The best private schools that serve Gateway are:
What are the most popular zip codes in Gateway, Mountlake Terrace, WA?
The most popular zip codes in Gateway, Mountlake Terrace, WA include 98033, 98012, 98052, 98370 and 98034.
What are the most popular neighborhoods near Gateway, Mountlake Terrace, WA?
The most popular neighborhoods near Gateway, Mountlake Terrace, WA are Ballinger, Town Center, Brookside, Lake Ballinger and Horizon View.

Home Trends in Gateway, WA

Housing Trends

Median Sale Price
$750,500
Median Single Family Sale Price
$741,000
Median Townhouse Sale Price
$999,000
Average Price Per Sq Ft
$563
Number of Homes for Sale
6
Last 12 months Home Sales
20
Months of Supply
3.60
Median List Price
$771,975
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
12%
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