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Lake Ballinger

Lake Ballinger

Suburban Neighborhood in Mountlake Terrace, Washington

Snohomish County 98026, 98043

$722,517 Average Value
$459 Average Price per Sq Ft
10 Homes For Sale

Neighborhood full of recreation and convenience

Tucked on the west side of Mountlake Terrace, Lake Ballinger embodies the city’s recreation-heavy persona and has easy access to nearby cities as it sits between major freeways. “One of the things that makes Mountlake Terrace unique is that we are a small town close to Seattle. We’re central to Bothell, Everett and Bellevue,” says Rikki Fruichantie, Communications Manager for the City of Mountlake Terrace. The neighborhood is divided, with the north accommodating most housing and the southern part dominated by Ballinger Park. The residential area resembles a suburb with cul-de-sac driveways and shaded trees. The park’s crown jewel is its large lake, which draws for fun water activities. It’s a community where neighbors look out for one another and strive for better. “Last week, I walked to the eye doctor. I wanted to say hi to four people, including a business owner and a police officer,” Fruichantie adds. “There are a lot of folks who have been here a long time and new folks. That makes us a richer community because we’re diverse."

Lake fun at Ballinger Park

The 55-acre Ballinger Park anchors the neighborhood. “I would say it’s a regional attraction,” says Fruichantie. “It used to be a regional golf course, and now it includes passive and active recreation.” The park's center is a large lake where many launch their kayaks, fish or swim. Besides the lake, competitive baseball or soccer games may occur within the sports field, or kids enjoy the playground area. “One of the big projects within that park is the whole creek restoration, which focuses on restoration and habitat,” Fruichantie says. “The creek will be more meandering and hopefully better for habitat and salmon.” Hikers may connect to the Interurban Trail, which stretches 24 miles to Everett. Golfers can tee up for a round of 18 at the public Nile Shrine Golf Course.

Lake Ballinger fills with people when the sun comes out.
Lake Ballinger fills with people when the sun comes out.
Lake Ballinger residents can enjoy a large variety of water activities at Ballinger Park.
Lake Ballinger residents can enjoy a large variety of water activities at Ballinger Park.
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Condos and ramblers are primary housing options

Lake Ballinger offers mostly single families and apartments, but some condo complexes exist. Condos surround the lake, usually along Lakeview Drive or off 74th Ave. Prices can range from $250,000 for a one-bedroom and bathroom to $540,000 for a 1,200-square-foot two-bedroom. Single-family homes vary from ramblers to multi-levels. Two-bedroom rambler homes can start at $435,000 and peak over $800,000. Multi-level homes can start at around $675,000 and peak at around $1.1 million for a home with lake views.

Find a delightful blend of modern amenities and timeless charm in these Lake Ballinger condos.
Find a delightful blend of modern amenities and timeless charm in these Lake Ballinger condos.
Charming homes in Lake Ballinger adorn the streets with a touch of magic.
Charming homes in Lake Ballinger adorn the streets with a touch of magic.
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Lots of dining and shopping within city's town center

Most of the city’s local dining is along 56th Avenue and 244th Street. “Most businesses are smaller family-owned. We do have two breweries that have a great following,” says Andrew Appelwick, Events Coordinator for the City of Mountlake Terrace. “There’s definitely a wide offering of food and cuisine.” Mornings often start with a cup from Espresso Break. Time Out: Greek and American Restaurant is a family-owned business that has been operating in the city for over 20 years. Diners enjoy the spots for their homey atmosphere and large portions. Baguus Little Asia is a neighborhood favorite, specializing in Pan Asian dishes, but many diners love it for its self-pour beer wall. Hemlock State Brewery went from brewing in the garage to serving over 15 beers on tap seven days a week. Grocery shopping can be done at Ballinger Thriftway. More shopping and dining are on the way as the city is undergoing lots of renovations. “We are redeveloping the town center, and part of doing that is bringing more housing, shops and services,” Fruichantie says. “We’re seeing that happen, and it’s picking up steam.”

Take the family to Las Brazas Del Volcan in Lake Ballinger for a delicious meal and a good time.
Take the family to Las Brazas Del Volcan in Lake Ballinger for a delicious meal and a good time.
Grab a bite at one of many restaurant options after a lovely day of shopping in Lake Ballinger.
Grab a bite at one of many restaurant options after a lovely day of shopping in Lake Ballinger.
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Home to the 3rd of July Festival

Community Engagement in Mountlake Terrace has grown significantly, quadrupling the number of events from three in 2022 to 16 in 2024. Newly added events include Terrace Summer Nights, which is the city’s take on a concert and movie series. The annual 3rd of July event in Ballinger Park draws over 7,000 people. Festivalgoers stroll the park to taste the food trucks and play the games. The evening is then capped off with a bright fireworks show. “It’s one of the events we claim as our own. A third of the people came from outside,” Appelwick says. “It has walkable paths, and there is more opportunity to relax and lounge without the congestion.” However, the largest event held in the city is the Tour De Terrace. 70,000 people attend the weekend event to celebrate community pride through a carnival, parade, live music, food trucks, and a car show.

Lake Ballinger residents head to Lake Ballinger Park for 3rd of July Family Celebration.
Lake Ballinger residents head to Lake Ballinger Park for 3rd of July Family Celebration.
Lake Ballinger residents head to Lake Ballinger Park for 3rd of July Family Celebration.
Lake Ballinger residents head to Lake Ballinger Park for 3rd of July Family Celebration.
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STEM-based education for Lake Ballinger students

Students may start their education within the Edmonds School District, which earns a B from Niche. Kindergarten through sixth-grade students can begin at Mountlake Terrace Elementary, which earns a B-minus grade. Seventh and eighth graders can go to Brier Terrace Middle. The B-plus school offers a Highly Capable program for students who excel in learning outside the regular classroom. Students receive diplomas from Mountlake Terrace High, another B-plus school. Their STEM Magnet program provides four years of study within that field. That includes STEM-based competitions, as well as engineering, computer science, and biotechnology courses.

Mountlake Terrace Elementary provides excellent education to students.
Mountlake Terrace Elementary provides excellent education to students.
Mountlake Terrace High School prepares students for graduation and beyond.
Mountlake Terrace High School prepares students for graduation and beyond.
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In between Highway 99 and Interstate 5

Commuters have straightforward options to reach Seattle. The neighborhood borders Interstate 5, where it’s a 14-mile drive south with traffic. Highways 99 and 104 connect drivers to Everett and Bothell. Come August, drivers can take their vehicles to the Mountlake Terrace station for light rail access to Seattle.

Courtney Murphy
Written By
Courtney Murphy
Jake Chaplin
Photography Contributed By
Jake Chaplin
Jeffrey Knight
Video By
Jeffrey Knight

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Forrest Reda, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Seattle Paine Field International

19 min drive

Bus

76th Ave W & 236th St SW

Bus

76th Ave W & 238th Pl SW

Bus

228th St SW & 73rd Pl W

Bus

HWY 99 & 224th St SW

Bus

Mountlake Terrace Fwy Station Bay 6

Bus

Mountlake Terrace Fwy Station Bay 7

Bus

76th Ave W & 242nd St SW

Crime and Safety

1 - Low Crime, 10 - High Crime Lake Ballinger US
Homicide 3 4
Sexual Assault 3 4
Assault with Weapon 3 4
Robbery 4 4
Burglary 6 4
Motor Vehicle Theft 6 4
Larceny 6 4
Crime Score 5 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$592,500
Median Single Family Price
$757,500
Median 2 Bedroom Price
$430,000
Median 1 Bedroom Price
$252,450
Average Price Per Sq Ft
$459
Number of Homes for Sale
10
Last 12 months Home Sales
38
Months of Supply
3.20
Median List Price
$599,750
Median Discount From 1st List Price
2%
Median Home Sale Price YoY Change
16%

Home Facts

Number of Homes in Neighborhood
1,271
Median Year Built
1964
Avg. Single Family Home Size Sq Ft
1,894
On par with the national average
1,935
Average Townhouse Size Sq Ft
2,789
Average 2 Bedroom Size Sq Ft
1,068
Average 1 Bedroom Size Sq Ft
674
Median Lot Size Sq Ft
9,147

Open Houses

  • Friday, Apr 25
    4 - 6pm

    22415 69th Place W, Mountlake Terrace, WA 98043

    $1,175,000

    • 4 Beds
    • 3.5 Baths
    • 2,699 Sq Ft
    • 22415 69th Place W
    • New 2 days ago

    The 1st resale in Creekside Meadows community- back corner lot w/tons of privacy, only 1 direct neighbor & extra off-street parking. Better than new home with SO MANY upgrades - A/C, hot tub, designer blinds, 50 Amp EV Charger + more. You'll love the main floor's kitchen/dining/great room combo w/huge island, both a covered balcony off the great room & patio off the dining space at the back of

    Lindsey Sargent KW Greater Seattle

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  • Friday, Apr 25
    1:30 - 4:30pm

    6706 234th St SW, Mountlake Terrace, WA 98043

    $1,100,000

    • 4 Beds
    • 3 Baths
    • 2,896 Sq Ft
    • 6706 234th St SW
    • New 3 days ago

    HONEY! THIS IS IT! Tucked away on a quiet cul-de-sac above Lake Ballinger, this graciously updated basement rambler offers style, space, and income potential! Seller pulled out all the stops as they NEVER wanted to sell! The main level features a modern,open layout with elegant updates throughout—every detail pristine and refined! Downstairs, you'll find a fully finished basement, a game room and

    Robbyn Adelsman Keller Williams Rlty Lk Tapps

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  • Saturday, Apr 26
    1 - 4pm

    7540 243rd Place SW, Edmonds, WA 98026

    $1,738,000

    • 5 Beds
    • 3 Baths
    • 3,517 Sq Ft
    • 7540 243rd Place SW
    • New 15 days ago

    Exceptional Sundquist resale in Lake Ballinger offering 5 beds + den & bonus across over 3,500 sq ft of light-filled & thoughtfully designed living spaces. Hardwood floors flow throughout the open-concept layout. Chef’s kitchen w/ oversized island, granite counters, walk-in pantry, & all SS appliances. Shaker-style cabinetry offers tons of storage. Double-sided gas fireplace w/ custom millwork

    Adam Cobb Windermere Real Estate GH LLC

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Distribution of Home Values

Source: Public Records

Homes for Sale

Interested in learning more about homes in this area? Reach out to Forrest Reda, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
3,798
Median Age
42
Population Density
6 ppl/acre
Population under 18
20.6%
On par with the national average
23.8%
Population over 65
19.3%
On par with the national average
19.1%

Finances

Median Household Income
$84,254
Above the national average
$71,702
Average Household Income
$116,695

Education and Workforce

High School Graduates
93.5%
On par with the national average
89.1%
College Graduates
35.5%
Advanced Degrees
10.5%
% Population in Labor Force
70.6%
Above the national average
65.1%

Weather

Annual Precipitation
34''
Average Winter Low Temperature
36°F
Average Summer High Temperature
72°F
Annual Snowfall
3''

Area Factors

Bikeable

Bike Score®

56 / 100

Car-Dependent

Walk Score®

40 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Lake Ballinger