Mountlake Terrace Homes under $700,000

Mountlake Terrace Homes under $700,000

Welcome to Mountlake Terrace, Washington—a hidden gem nestled in the heart of Snohomish County! Just a stone’s throw away from the bustling city of Seattle, Mountlake Terrace offers the perfect blend of suburban tranquility and urban convenience. With its picturesque parks, vibrant community events, and excellent schools, this charming city is an ideal place for families, young professionals, and retirees alike.

One of the standout features of Mountlake Terrace is its diverse real estate market, particularly for those seeking homes under $700,000. Here, you’ll find a variety of options that cater to different lifestyles and budgets. From cozy single-family homes with spacious backyards to modern townhouses with sleek designs, there’s something for everyone. The affordability of these homes makes it an attractive option for first-time buyers looking to establish roots in a welcoming community.

The city boasts a plethora of amenities, including local shops, restaurants, and recreational facilities. With easy access to the Interurban Trail, outdoor enthusiasts can enjoy scenic walks, biking, and nature exploration right at their doorstep. The nearby Mountlake Terrace Transit Center ensures that commuting to Seattle or surrounding areas is a breeze, making it a prime location for those who work in the city but prefer the serenity of suburban living.

Embrace the Mountlake Terrace lifestyle—where community spirit meets natural beauty, and your dream home awaits at an affordable price. Explore the possibilities today and discover why so many are choosing to call this charming city their home!

Newest Mountlake Terrace Homes under $700,000

21904 56th Avenue W Unit #B2, Mountlake Terrace
$425,000
3 Beds ⋅ 3 Baths ⋅ 2595820 MLS ⋅ ACTIVE Status
Welcome to this convenient, spacious, and efficient townhome community in Mountlake Terrace that is hard to beat! Just 2 blocks off I-5 with none of the noise, this 3bedroom, 2.5bath townhome comes with fresh updates and two parking spaces. Honey-colored LVP, stainless steel appliances, quartz countertops, brass trim, and a wood burning fireplace make for a luxurious living space downstairs. Upstairs you will find an ever-rare 3bedrooms with full bath in the primary and full bath off the hallway with updated vanities and tile floors. A fiberoptic panel makes this home perfect for WFH or all the online streaming you can dream of. Walk to playfields and an off leash dog park nearby, and take a 5min drive to the Mountlake Terrace Lightrail Station. This home is perfect for convenience, and an ideal way to get into residential neighborhoods at entry-level pricing. Come and get it!

21904 56th Avenue W Unit #B2, Mountlake Terrace

Listing Broker: Every Door Real Estate; Abigail Echols; 404-660-7950; abigaile@everydoorrealestate.com

4502 216th Street SW Unit #2B, Mountlake Terrace
$294,950
2 Beds ⋅ 1 Baths ⋅ 2595878 MLS ⋅ ACTIVE Status
Natural light and a comfortable, open layout welcome you to this two-story Mountlake Terrace condo. A covered front patio leads into the main level, featuring warm-toned flooring, a cozy fireplace, and an open living and dining area framed by large windows. The kitchen offers soft gray-blue cabinets, tile flooring, and two refrigerators, while a generous pass-through keeps it connected to the living area for easy conversation and entertaining. Upstairs, you’ll find two bedrooms with ample closet space and a full bathroom. Convenient on-site laundry and two designated parking spaces—one in a shared garage and one uncovered—make everyday living easy. With no rental cap, this home offers flexibility for homeowners and investors alike—an appealing opportunity to enjoy as it is or personalize over time

4502 216th Street SW Unit #2B, Mountlake Terrace

Listing Broker: List4FlatFee.com, LLC; Stacie Whitfield; 206-843-8122; mls@list4flatfee.com

4801 224th Street SW, Mountlake Terrace
$585,000
3 Beds ⋅ 1 Baths ⋅ 2592147 MLS ⋅ ACTIVE Status
Seller is offering a $2500 closing credit to be used at the buyers discretion. An adorable little rambler in Mountlake Terrace for under $600k? Yes please! This 3bd 1bth home has fresh interior and exterior paint along with brand new carpet, new fridge, new washer, new dryer, new stove, new hood and a 1 year old dishwasher (2025)! The water heater is 6 years old. New sewer line installed in August 2026. New attic insulation February 2026. With a new fully-fenced backyard and gorgeous front yard with great mature trees, this place is move-in ready. Ample storage as well provided by two outbuildings (also freshly painted). Tons of parking for multiple cars, an RV, or a boat. Close to the Mountlake Terrace and Lynnwood light rail stations, I5, and the rapidly growing Mountlake Terrace town center! All of this right in the heart of the Edmonds school district! This home sits on an adorable dead end street that backs up to the incredible Terrace Creek Park! Move in and enjoy everything this home has to offer!

4801 224th Street SW, Mountlake Terrace

Listing Broker: Windermere Northlake; Gabriel Ellenberg; 206-288-9985; gabrielellenberg@windermere.com

4120 212th Street SW Unit #B301, Mountlake Terrace
$223,250
2 Beds ⋅ 2 Baths ⋅ 2593813 MLS ⋅ ACTIVE Status
NEW PRICE OFFERING! This top-floor, end-unit condo offers exceptional value for cash or hard money buyers only. Move-in ready with fresh interior paint, updated carpet, and refreshed bathrooms. Natural light floods the open layout, showcasing beautiful territorial views from the living room, dining area, and spacious private balcony. Enjoy year-round comfort with a cozy wood-burning fireplace and an energy-efficient heat pump providing heating and cooling, plus insulated windows. Perfectly located for commuters, you are minutes from the Mountlake Terrace light rail station, Alderwood Mall, shopping, dining, parks, and easy I-5 access. Highly motivated seller—bring your offer today!

4120 212th Street SW Unit #B301, Mountlake Terrace

Listing Broker: Lake & Company; Karen Sorensen; 206-579-1003; karenls@lakere.com

4512 216th Street SW Unit #12A, Mountlake Terrace
$337,249
2 Beds ⋅ 1 Baths ⋅ 2593192 MLS ⋅ ACTIVE Status
Welcome to this FULLY REMODELED and REDESIGNED two-bedroom END UNIT, offering the ultimate privacy with no stairs, no neighbors above or below and only one shared wall. The thoughtfully planned living room layout features a clean, functional shape free of awkward corners or corner unit fireplaces, making furniture placement effortless. Open and airy, the expanded kitchen has been completely transformed to maximize both counter area and storage space. The main bathroom has also been fully redesigned and renovated to eliminate the hotel feel, creating a sleek, elevated retreat. Every inch of the interior boasts high-end updates, including brand-new flooring, doors, trim, modern lighting, fresh paint, and a fully replaced bathtub, surround, and toilet. Mechanical and electrical upgrades provide total peace of mind, featuring new wall heaters, a modern thermostat, updated breakers, updated outlets, and a cozy electric fireplace. Parking and storage are a breeze with one garage space in a two-car garage plus an additional reserved outdoor spot. Located in a PET-FRIENDLY community with the LOWEST HOA DUES IN THE AREA and NO RENTAL CAP, this turn-key property is an incredible opportunity for both homeowners and investors alike. Close to freeways, shopping, schools, parks, cafes, and more.

4512 216th Street SW Unit #12A, Mountlake Terrace

Listing Broker: Redfin; Julie Lutovsky; 425-551-8100; julie.lutovsky@redfin.com

22101 38th Avenue W, Mountlake Terrace
$645,000
3 Beds ⋅ 1 Baths ⋅ 2591634 MLS ⋅ ACTIVE Status
Thoughtfully refreshed and centrally located, this Mountlake Terrace rambler welcomes you with fresh exterior paint, a newer roof, and maintained landscaping. Inside, new flooring, updated trim and doors, and fresh paint create a bright, inviting feel throughout. The open living space is centered around a cozy fireplace and flows seamlessly into the dining area. Just off the dining room, a relaxing sunroom offers a comfortable space to unwind, while the kitchen features granite countertops, stainless steel appliances, and ample storage. Down the hall, three comfortable bedrooms are accompanied by a centrally located full bathroom. Outside, the fully fenced backyard extends the living space with a large patio, low-maintenance turf, a fenced garden area, and a separate covered patio for year-round enjoyment. With easy access to I-5, I-405, and a nearby light rail station, plus shopping, dining, and local schools close by, this move-in-ready home offers a well-connected lifestyle.

22101 38th Avenue W, Mountlake Terrace

Listing Broker: Lamb Real Estate; Miles Lamb; 425-740-4344; miles@lambandcompany.com

4503 218th Street SW Unit #A, Mountlake Terrace
$599,000
3 Beds ⋅ 3 Baths ⋅ 2591463 MLS ⋅ ACTIVE Status
Fully updated and move-in ready, this duplex-style townhome sits on a quiet cul-de-sac and feels brand new! The thoughtfully designed floor plan offers 3 bedrooms, including a spacious primary suite with a large walk-in closet and private bath, plus 2.25 baths with a convenient half bath on the main level. The kitchen has been refreshed with all-new appliances, sink, fixtures, and a new pantry for added storage. Throughout the home, enjoy fresh interior and exterior paint, new LVP flooring, heaters, light fixtures, stair rail, toilets, doors, trim, blinds, and custom closet inserts and shelving. The garage features a durable epoxy floor. Step outside to a HUGE, beautiful backyard that has been newly landscaped with fencing, a new gate and shed and offers plenty of room for gardening, entertaining, play, or simply relaxing. Ideally located just minutes from top-rated schools, I-5 and I-405, with a light rail stop only one mile away. With extensive updates inside and out, this is a home you truly must see to appreciate! PRE-INSPECTED

4503 218th Street SW Unit #A, Mountlake Terrace

Listing Broker: Coldwell Banker Bain; Betina Finley; 425-922-9000; betina.finley@cbrealty.com

23339 Cedar Way Unit #A-204, Mountlake Terrace
$299,999
2 Beds ⋅ 2 Baths ⋅ 2590893 MLS ⋅ ACTIVE Status
The price and location are spot on! Just what you’ve been searching for. This refreshed, turnkey condo offers the perfect blend of modern updates, peaceful surroundings, and everyday convenience. New paint, new carpet & New stainless-steel Range/hood and New Blinds! The bright kitchen opens to the dining and family rooms, complete with a wood burning fireplace. Two spacious bedrooms and two full baths, including a primary suite with a private bath and large closet. The walk-in laundry room includes a full-size washer & dryer while providing plenty of room for Costco-size items, plus two additional interior closets! Enjoy quiet moments on your private balcony (+ storage) and dedicated parking space. Nestled among mature trees, residents enjoy onsite amenities including a pool, fitness room & sauna. Commuters will appreciate easy access to I-5 and Mountlake Terrace Transit Center, with Link light rail offering convenient connections. A fantastic opportunity!

23339 Cedar Way Unit #A-204, Mountlake Terrace

Listing Broker: RE/MAX Northwest; Lisa R. Lewis; 425-444-5472; lisa@lisaraelewis.com

23007 63rd Avenue W, Mountlake Terrace
$617,400
2 Beds ⋅ 1 Baths ⋅ 2590664 MLS ⋅ ACTIVE Status
Thoughtfully updated and move-in ready, this 2 bedroom, 1 bath rambler has it all – location, privacy, and a well-designed living space that feels specious yet cozy! The location can’t be beat - just a short walk from beautiful Ballinger Park with its recently restored playground and pier. The library and community rec center are nearby, and it’s walking distance to the Light Rail Station. The home underwent major updates in 2021, including a remodeled kitchen with shaker cabinetry, quartz countertops, a full-height backsplash, and stainless steel appliances; a fully updated bathroom; wide-plank LVP flooring throughout; and a new roof. Updated trim and doors add to the homes appeal. A welcoming new composite deck with garden boxes greets you out front, while the backyard offers a private retreat shaded by mature trees. The 1-car garage includes 220am wiring for your EV charger and offers the option to relocate the existing laundry setup, freeing up additional storage space inside the home. Storage is anything but limited with the garage, a large backyard shed & an extra parking pad for your RV, extra cars or toys! Stay comfortable year-round with mini-split A/C and a cozy electric fireplace. Convenient freeway access makes commuting easy. This is an adorable home in a great location!

23007 63rd Avenue W, Mountlake Terrace

Listing Broker: Pointe3 Real Estate; Katie Criddle; 206-940-5896; katie.criddle@pointe3.com

23507 Lakeview Dr Unit #B103, Mountlake Terrace
$469,500
2 Beds ⋅ 1 Baths ⋅ 2589685 MLS ⋅ ACTIVE Status
Rare Waterfront Living on Lake Ballinger! Nearly new from the inside out, this beautifully remodeled 2-bedroom, 1,029 sq ft home offers the rare combination of waterfront views, extensive updates, and an unbeatable commuter location. Virtually every detail has been refreshed, from the beautifully remodeled interior featuring Cambria quartz countertops, semi-custom Kemper cabinetry, commercial-grade Coretec LVP flooring, and a newly tiled fireplace, to major exterior improvements including NEW siding, NEW roof, and fresh exterior paint. All the work is done — simply move in and enjoy! Even better, these extensive community improvements come with NO special assessment to the buyer. A well-run, well-maintained HOA provides added peace of mind and pride of ownership. Relax on your private covered balcony with unobstructed Lake Ballinger views and gorgeous sunsets. Additional conveniences include brand new appliances and TWO dedicated parking spaces — one covered and one uncovered. The location is just as impressive: walk across the street to the shoreline trails at Ballinger Park or approximately half a mile to the Mountlake Terrace Light Rail Station for an easy car-free commute to Seattle. Waterfront living with the look, feel, and peace of mind of a nearly new home — without the new-construction price tag.

23507 Lakeview Dr Unit #B103, Mountlake Terrace

Listing Broker: Pellego, Inc.; Agnes Igarra; 206-877-2174; agnesnsforcerealty@gmail.com

22904 53rd Avenue W, Mountlake Terrace
$700,000
3 Beds ⋅ 2 Baths ⋅ 2585190 MLS ⋅ ACTIVE Status
Remodeled rambler 3 bedroom / 2 bath in the heart of Mountlake Terrace, close to parks, schools and restaurants. Fresh paint throughout, sunny updated kitchen with quartz counter tops, shaker cabinets and stainless steel appliances. Sunny backyard is fully fenced. Newer gas furnace and roof, vinyl windows and hot water tank. Mini-split keeps this lovely home cool in the summer. Entertaining space with big wood burning fireplace too. Pre-inspected and comes with home warranty!

22904 53rd Avenue W, Mountlake Terrace

Listing Broker: Windermere Northlake; Lori Batiot; 206-310-3450; lorib@windermere.com

22107 66th Avenue W Unit #7D, Mountlake Terrace
$330,000
2 Beds ⋅ 2 Baths ⋅ 2588571 MLS ⋅ ACTIVE Status
Welcome to Villaje De Madera! This recently updated top-floor 2-bedroom, 2-bath condo offers comfortable living in a peaceful, well-maintained community. The spacious open-concept layout features high ceilings, a cozy living room with a stone fireplace, and a dining area with convenient breakfast-bar seating at the kitchen counter. The galley kitchen includes a large window that fills the space with natural light, and all appliances stay—including the full-size stacked washer and dryer. Enjoy the added convenience of an assigned parking space, ample guest parking, and a private storage locker. Community amenities include beautifully landscaped grounds, an outdoor pool, clubhouse, and sauna. Excellent location with easy access to I-5 and I-405, Park & Ride, Mountlake Terrace Transit Center and future Light Rail, plus nearby restaurants, shopping, and medical services. A great opportunity for comfortable, convenient, and affordable homeownership!

22107 66th Avenue W Unit #7D, Mountlake Terrace

Listing Broker: Windermere Real Estate Central; Andy Keating; 206-841-8084; andy@andykeatinghomes.com

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