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Gateway Homes for Sale

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  • /31

    $650,000

    • 3 Beds
    • 2 Baths
    • 966 Sq Ft

    5702 239th Place SW, Mountlake Terrace, WA 98043

    Charming, updated, and full of opportunity! This delightful Mountlake Terrace rambler combines cozy living with a surprisingly spacious and efficient floor plan. Fresh paint and modern finishes create a move-in-ready home, while the stylish kitchen shines with quartz countertops, gas cooking, and contemporary cabinetry. Step outside to discover one of the property's standout features—a large,

    Dan Faulkner Windermere Real Estate/East

    5702 239th Place SW, Mountlake Terrace, WA 98043
  • /12

    $114,950

    • 2 Beds
    • 2 Baths
    • 1,200 Sq Ft

    24222 54th Ave W Unit 65, Mountlake Terrace, WA 98043

    Come check out this well maintained double wide in Young's manufactured Home Park for 55+ residents! This 1200 sqft home features 2 beds and 1.75 baths with newer cabinets with all granite counters in both bathrooms and kitchen. Additional features include double pane windows, ramped entry access, plenty of storage throughout. Large detached shed with lights and electricity. Dogs/cats under 30

    Jacob Lemke Northwest HomePros LLC

    24222 54th Ave W Unit 65, Mountlake Terrace, WA 98043
  • /28

    $550,000

    • 4 Beds
    • 2 Baths
    • 1,344 Sq Ft

    23906 60th Ave W, Mountlake Terrace, WA 98043

    Owned by one family for over 50 years! Huge lot over 14,000 sq ft with small fir tree forest behind home and value in land and location near light rail station for easy commute to downtown events or airport. Home is a great project for a handyman refresher, fix and flipper, or a total new build with ADU possibilities. It has a giant detached shop/garage out back for the weekend tinkerer or

    Wendy Britton eXp Realty

    23906 60th Ave W, Mountlake Terrace, WA 98043
  • /31

    $529,000

    $69K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 996 Sq Ft

    5705 238th St SW, Mountlake Terrace, WA 98043

    One of the most compelling opportunities in Mountlake Terrace. Ideally located just minutes from the Transit Center ( light rail) and I-5, this property offers the location buyers are searching for with the freedom to make it your own. Set on a spacious lot in an established neighborhood with mature trees, there is room to expand, garden, or create your ideal outdoor space. Inside features a

    Lacey Winslow Windermere Real Estate/CIR

    5705 238th St SW, Mountlake Terrace, WA 98043
  • /24

    $680,000

    Open Sat 11AM - 3PM
    • 3 Beds
    • 2 Baths
    • 1,078 Sq Ft

    24305 58th Place W, Mountlake Terrace, WA 98043

    Newly renovated rambler in a highly desirable Mountlake Terrace neighborhood with excellent access to shopping, dining, golf, and quick freeway access just minutes away, with everything you need right at your fingertips. This home features new flooring, interior paint, stainless steel appliances, updated bathroom fixtures, and numerous additional upgrades including newer roof 5-6 yrs old. The

    Marcia Hardy Hardy Realty LLC

    24305 58th Place W, Mountlake Terrace, WA 98043
  • /40

    $1,350,000

    New Construction
    • 5 Beds
    • 3 Baths
    • 2,858 Sq Ft

    4805 238th St SW, Mountlake Terrace, WA 98043

    Stunning new construction home featuring an open great room concept w/exceptional custom finishes throughout. This thoughtfully designed 4+ bedroom, 2.75-bath home offers a spacious & light-filled great room with dramatic floor-to-ceiling tiled gas fireplace, expansive living spaces, ideal for entertaining. The chef’s kitchen features veined quartz counters, oversized eating island, custom wood

    Jeanette Requa Windermere Real Estate/M2, LLC

    4805 238th St SW, 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.

Gateway Home Prices vs. Nearby Mountlake Terrace, WA Neighborhoods

Gateway Lake Ballinger Maple Park - Cherry Hill Cascade View
Median Home Price
$664,499
$575,000
$749,250
$523,500
Median Sale Price
$680,499
-3% YoY
$580,000
-8% YoY
$744,500
+3% YoY
$550,000
-13% YoY
Median Single Family Price
$680,000
$772,500
$774,950
$767,500
Median Condo Price
$610,000
$445,000
$265,000
$360,975
Total Active Listings
4
8
12
15
Market Conditions
1 Months of Supply
Seller's Market
2 Months of Supply
Seller's Market
2 Months of Supply
Seller's Market
4 Months of Supply
Seller's Market

Frequently Asked Questions

Is Gateway a good place to live?
Gateway is a good place to live. Gateway is considered somewhat walkable and bikeable with some transit options. Gateway has 2 parks for recreational activities. It has a median age of 44. The average household income is $106,567 which is below the national average. College graduates make up 38.5% of residents. A majority of residents in Gateway are home owners, with 33% of residents renting and 67% 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 $664,499. If you put a 20% down payment of $132,900 and had a 30-year fixed mortgage with an interest rate of 6.31%, your estimated principal and interest payment would be $3,290 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $141K a year to afford the median home price in Gateway. Learn how much home you can afford with our Home Affordability Calculator. 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:
  • St Mark School has an A+ Niche grade, a student teacher ratio of 11:1 and an average review score of 5.0.
What are the most popular zip codes in Gateway, Mountlake Terrace, WA?
The most popular zip codes in Gateway, Mountlake Terrace, WA include 98043, 98155, 98036, 98026 and 98133.
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, Horizon View and North City.
Are home prices dropping in Gateway?
Yes, home prices in Gateway are down 3% in the last 12 months.
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