Mountlake Terrace, WA Homes under $500,000

/39
$480,000
- 1 Bed
- 1.5 Baths
- 1,111 Sq Ft
8500 Main St Unit F212, Edmonds, WA 98026

Nestled within a tranquil and well-established gated neighborhood, this one-bedroom, 1.5 bath, 1,111 sqft condominium, minutes from downtown Edmonds, offers an open layout with a cozy gas fireplace, dining area, and a stylish kitchen with gas cooktop, granite counters, and stainless steel appliances. The tranquil primary suite features a 5-piece bath, a custom walk-in closet, and serene views of

Kimberly Harman

Windermere RE North, Inc.

(425) 549-4708

8500 Main St Unit F212, Edmonds, WA 98026
Explore Mountlake Terrace
/34
$449,999
- 2 Beds
- 1.5 Baths
- 1,178 Sq Ft
23509 Lakeview Dr Unit A101, Mountlake Terrace, WA 98043

Lake Ballinger Estates! Enjoy serene lake and park views from this ground-floor 2-bedroom condo, perfectly located just steps from Lake Ballinger and Lake Ballinger Park. Commuting is a breeze with a major light rail hub nearby and quick access to I-5. Inside, you’ll find stylish updates including new luxury vinyl plank flooring, modern fixtures, and updated appliances. The exterior features

Chris Archer Keller Williams Realty PS

23509 Lakeview Dr Unit A101, Mountlake Terrace, WA 98043
/37
$499,950
- 3 Beds
- 2 Baths
- 1,229 Sq Ft
23317 Cedar Way Unit L201, Mountlake Terrace, WA 98043

Elevated living meets everyday convenience in this stylish top-floor 3BR/2BA condo! Vaulted ceilings, sleek quartz counters, stainless steel appliances, and custom lighting bring modern flair to a lush greenbelt view. Lounge on your private deck or dive into resort-style perks—pool, sauna, hot tub, gym, and sport court. Spacious bedrooms, in-unit laundry, private garage + guest parking add daily

Eric Nissen Real Property Associates

23317 Cedar Way Unit L201, Mountlake Terrace, WA 98043
/28
$424,999
- 2 Beds
- 1.5 Baths
- 982 Sq Ft
21908 56th Ave W Unit D5, Mountlake Terrace, WA 98043

Spacious, updated SE corner condo in a great complex! Open living & dining areas feature new vinyl flooring, a cozy brick fireplace, and fresh paint. Step out to adjoining patio and large fenced yard—perfect for relaxing or entertaining. The kitchen offers ample new cabinet space and matching new vinyl flooring. Upstairs includes two generously sized bedrooms with good closets, new vinyl

Weini Abraha Keller Williams Realty Bothell

21908 56th Ave W Unit D5, Mountlake Terrace, WA 98043
/31
$499,950
- 3 Beds
- 2.5 Baths
- 1,284 Sq Ft
21305 50th Ave W Unit B2, Mountlake Terrace, WA 98043

Welcome to this beautifully updated 3-bedroom, 2.25-bathroom townhouse nestled in a private, peaceful community. Step inside to brand new flooring throughout and an open-concept layout filled with natural light. The spacious living area seamlessly connects to the dining and kitchen spaces, perfect for everyday living or entertaining. The primary suite offers its own bathroom for added comfort and

Brian Alfi Windermere R.E. Shoreline

21305 50th Ave W Unit B2, Mountlake Terrace, WA 98043
/30
$450,000
- 1 Bed
- 1.5 Baths
- 1,111 Sq Ft
8500 Main St Unit F205, Edmonds, WA 98026

Welcome to Montclair, a beautiful, gated community close to everything that Edmonds has to offer. This extra-large one bedroom, one 1/2 bath condo is easily accessible with two secure parking spots (one right next to the elevator), and wide doorways. Open main floorplan with dining area, living room and kitchen. Large patio that backs to trees, creating an in-city oasis. The primary suite

Lisa Dusapin Windermere RE North, Inc.

8500 Main St Unit F205, Edmonds, WA 98026
/22
$425,000
- 2 Beds
- 2 Baths
- 1,279 Sq Ft
20301 19th Ave NE Unit 1101, Shoreline, WA 98155

The Best of Both Worlds! Experience the charm of a single-family home with the simplicity of condo life! This unique free-standing 2 bed, 2 bath condo offers 1,279 sq. ft. of well-planned living. Vaulted ceilings, tile entry, and a cozy wood-burning fireplace with crown molding offer a warm touch. The open-concept kitchen boasts a large island and stainless steel appliances, ideal for hosting.

Vanno Vong Pellego, Inc.

20301 19th Ave NE Unit 1101, Shoreline, WA 98155

Washington Snohomish County Mountlake Terrace

Home Trends in Mountlake Terrace, WA

On average, homes in Mountlake Terrace, WA sell after 24 days on the market compared to the national average of 70 days. The median sale price for homes in Mountlake Terrace, WA over the last 12 months is $667,500, down 7% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$667,500

Median Single Family Sale Price

$745,000

Median Townhouse Sale Price

$667,500

Median 2 Bedroom Sale Price

$515,000

Average Price Per Sq Ft

$444

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

1.40

Median List Price

$652,450

Median Change From 1st List Price

Median Home Sale Price YoY Change

-7%

How to Buy a Home How to Finance a Home How to Sell a Home

In Mountlake Terrace, you'll encounter a variety of homes and houses for sale priced under $500,000, providing affordable options for potential buyers. With 7 listings available, there's a wide selection to explore, from charming bungalows to contemporary townhouses. These properties offer an opportunity to enter the real estate market or diversify your investment portfolio without exceeding your budget. Discover the range of homes for sale under 500k in Mountlake Terrace, WA and find the perfect fit for your homeownership goals.

Mountlake Terrace Types of Homes for Sale

Mountlake Terrace Real Estate Listings

Mountlake Terrace New Construction Homes

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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