Mountlake Terrace Homes for Sale

/30
$625,000
- 3 Beds
- 2 Baths
- 1,266 Sq Ft
4603 227th St SW, Mountlake Terrace, WA 98043

3 Bedroom /1.75 Bath single story rambler in Mountlake Terrace with amazing potential! 1,266 sq ft home on huge 7,841 sq ft lot features original hardwood floors, 7-yr roof, 5-yr furnace & solid bones. Cosmetic updates needed. Opportunity for equity! Perfect for investors, first-time buyers, or anyone seeking value in a great neighborhood. Large yard ideal for entertaining/gardening. Carport

Matt Stark Windermere R.E. Northeast, Inc

4603 227th St SW, Mountlake Terrace, WA 98043
Explore Mountlake Terrace
/30
$929,950
- 3 Beds
- 2 Baths
- 2,592 Sq Ft
4820 228th St SW, Mountlake Terrace, WA 98043

Welcome to this beautifully maintained 3-bedroom, 2-bathroom home situated on nearly an acre of land and backing up to a scenic park for ultimate privacy and natural views. Enjoy an open floor plan with spacious living and dining areas, perfect for entertaining. The lower level features an expansive rec room and a dedicated workshop—ideal for hobbies or additional living space. Step outside to a

Gus Mansour John L. Scott, Inc.

4820 228th St SW, Mountlake Terrace, WA 98043
/31
$395,500
- 2 Beds
- 2 Baths
- 916 Sq Ft
23321 Cedar Way Unit J204, Mountlake Terrace, WA 98043

Welcome to Markland Woods, with a best-in-class condo and unbeatable HOA! This one level condo features a spacious layout with 2 generous bedrooms - each with its own bathroom - as well as numerous updates inside and out. High grade Milgard windows and doors. Luxury vinyl floors. Multi-functional lighting. Remodeled bathrooms. Upgraded kitchen countertops. The HOA has ample reserves, expert

Rick Wright Redfin

23321 Cedar Way Unit J204, Mountlake Terrace, WA 98043
/31
$500,000 Open Sun 12PM - 2PM
- 3 Beds
- 2 Baths
- 1,322 Sq Ft
23303 Cedar Way Unit T201, Mountlake Terrace, WA 98043

Welcome to Markland Woods Condominiums! This spacious condo features beautiful granite countertops, new flooring, & the convenience of an inunit washer & dryer. The primary bathroom has been updated w/ walk in shower. Step out onto your private balcony & enjoy the view of trees & the peace & quiet of your own serene retreat. You will also have 2 parking spaces & a storage unit. The location is

Lily Fahlman Realty One Group Orca

23303 Cedar Way Unit T201, Mountlake Terrace, WA 98043
/28
$450,000
- 3 Beds
- 2 Baths
- 1,229 Sq Ft
23319 Cedar Way Unit K105, Mountlake Terrace, WA 98043

A fantastic condo awaits you in Mountlake Terrace. Inside, the three-bedroom, two-bath property sparkles with details like new paint and flooring, ample natural light, and laundry. An enclosed patio offers a tree-filled outlook and is the perfect space for entertaining, or for a furry friend’s “catio.” Touches like an eating bar, Stainless Steel appliances, and a wood-burning fireplace further

Bruce Ainslie Windermere RE Greenwood

23319 Cedar Way Unit K105, Mountlake Terrace, WA 98043
/33
$775,000
- 3 Beds
- 2 Baths
- 1,210 Sq Ft
23416 38th Place W, Brier, WA 98036

Sellers have lovingly maintained this home for 50 years, now it's your turn to make it your own! This home features 3 bedrooms, 2 bath, living room open to kitchen with eating space, fresh interior paint, and primary suite with attached bath. Exterior features spacious 12,632 sq.ft. lot perfect for entertaining! Large deck w/ built-in table & playhouse, fully-fenced yard, mature landscaping, and

Stephanie Nelson Skyline Properties, Inc.

23416 38th Place W, Brier, WA 98036
/27
$378,800
- 2 Beds
- 1 Bath
- 773 Sq Ft
23301 Cedar Way Unit U102, Mountlake Terrace, WA 98043

Welcome home to this charming ground floor condo in beautiful Markland Woods - a best-in-class community w/unbeatable HOA. This home features 2 spacious bedooms,1 full bath & ample storage. Enjoy a cozy kitchen w/ stainless app's opening to a dining area perfect for entertaining. Relax by the wood-burning fireplace on chilly NW nights & enjoy the newer vinyl flooring thru-out. Step outside to

Marguerite Marrs Realty ONE Group Orca Gold

23301 Cedar Way Unit U102, Mountlake Terrace, WA 98043

Washington Snohomish County Mountlake Terrace Mountlake Terrace

Why Live in Mountlake Terrace

Mountlake Terrace is a small city with a growing urban feel, offering numerous amenities and a strong sense of community. The neighborhood is known for its nine parks within a 4-mile radius, including Terrace Creek Park, which features an 18-hole Disc Golf Course and an off-leash dog area, and the quieter Bicentennial Park with its playground and walking trails. Residents enjoy a variety of things to do, from exploring cultural dining options like Las Espuelas for Mexican cuisine and Baguus Little Asia for Pan-Asian dishes to participating in city-run events such as the 3rd of July celebration and the Tour De Terrace festival. The area is safer than the national average, providing a secure environment for families. Housing options range from single-family homes, including mid-century ramblers and contemporary two-stories, to townhouses and condos, with notable communities like Axis and Markland Woods. Students attend highly rated schools, including Brier Terrace Middle and Mountlake Terrace High, which offers specialized programs in STEM fields. The neighborhood's location is convenient for commuters, with easy access to I-5, Highway 104, and an upcoming light rail station that will connect to downtown Seattle and the airport. Local amenities include grocery stores like Ballinger Thriftway and Double D Meats, and the community is set to expand with new shopping and housing developments in the Town Center.

Learn more about living in Mountlake Terrace

Frequently Asked Questions

Is Mountlake Terrace a good place to live?

Mountlake Terrace is a good place to live. Mountlake Terrace is considered somewhat walkable and somewhat bikeable. Mountlake Terrace is a suburban neighborhood. Mountlake Terrace has 6 parks for recreational activities. It is sparse in population with 2.8 people per acre and a median age of 41. The average household income is $124,530 which is above the national average. College graduates make up 36.7% of residents. A majority of residents in Mountlake Terrace are home owners, with 35.1% of residents renting and 64.9% of residents owning their home. A local real estate agent serving Mountlake Terrace can help you decide if this neighborhood is the right one for you. Learn more on our Mountlake Terrace neighborhood guide.

How much do you need to make to afford a house in Mountlake Terrace?

The median home price in Mountlake Terrace is $795,000. If you put a 20% down payment of $159,000 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $4,050 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $174K a year to afford the median home price in Mountlake Terrace. The average household income in Mountlake Terrace is $125K.

What are the best public schools in Mountlake Terrace?

The best public schools that serve Mountlake Terrace are:

Mountlake Terrace High School has a B+ Niche grade, a student teacher ratio of 22:1 and an average review score of 3.6.
Brier Elementary School has a B+ Niche grade and a student teacher ratio of 16:1.
Brier Terrace Middle School has a B+ Niche grade and a student teacher ratio of 21:1.

What are the best private schools in Mountlake Terrace?

The best private schools that serve Mountlake Terrace are:

St. Mark Catholic Classical School has an A+ Niche grade, a student teacher ratio of 11:1 and an average review score of 5.0.
Cypress Adventist School has a student teacher ratio of 7:1.

What are the most popular zip codes in Mountlake Terrace, Mountlake Terrace, WA?

The most popular zip codes in Mountlake Terrace, Mountlake Terrace, WA include 98043, 98036, 98155, 98021 and 98028.

What are the most popular neighborhoods near Mountlake Terrace, Mountlake Terrace, WA?

The most popular neighborhoods near Mountlake Terrace, Mountlake Terrace, WA are Town Center, Gateway, Cascade View, Ballinger and Horizon View.

Home Trends in Mountlake Terrace, WA

On average, homes in Mountlake Terrace, WA sell after 15 days on the market compared to the national average of 52 days. The median sale price for homes in Mountlake Terrace, WA over the last 12 months is $840,000, up 16% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$840,000

Median Single Family Sale Price

$850,000

Median Townhouse Sale Price

$1,665,000

Median 2 Bedroom Sale Price

$415,250

Average Price Per Sq Ft

$474

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

1.90

Median List Price

$795,000

Median Change From 1st List Price

Median Home Sale Price YoY Change

16%

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID