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.
Home Trends in Gateway, WA
On average, homes in Gateway, Mountlake Terrace sell after 13 days on the market compared to the national average of 70 days. The median sale price for homes in Gateway, Mountlake Terrace over the last 12 months is $277,000.
Median Sale Price
$277,000
Median Single Family Sale Price
$1,325,000
Average Price Per Sq Ft
$349
Number of Homes for Sale
4
Last 12 months Home Sales
3
Median List Price
$367,499
Median Change From 1st List Price
1%