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.
Frequently Asked Questions
Is Gateway a good place to live?
Gateway is a good place to live. Gateway is considered somewhat walkable and bikeable with some transit options. Gateway has 2 parks for recreational activities. It has a median age of 44. The average household income is $106,567 which is below the national average. College graduates make up 38.5% of residents. A majority of residents in Gateway are home owners, with 33.3% of residents renting and 66.7% of residents owning their home. A
local real estate agent serving Gateway can help you decide if this neighborhood is the right one for you. Learn more on our
Gateway neighborhood guide.
Is Gateway, WA a safe neighborhood?
Gateway, WA is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Gateway?
The median home price in Gateway is $650,000. If you put a 20% down payment of $130,000 and had a 30-year fixed mortgage with an interest rate of 6.53%, your estimated principal and interest payment would be $3,300 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $141K a year to afford the median home price in Gateway. Learn how much home you can afford with our
Home Affordability Calculator. The average household income in Gateway is $107K.
What are the best public schools in Gateway?
The best public schools that serve Gateway are:
What are the best private schools in Gateway?
The best private schools that serve Gateway are:
- St Mark School has an A+ Niche grade, a student teacher ratio of 11:1 and an average review score of 5.0.
What are the most popular zip codes in Gateway, Mountlake Terrace, WA?
What are the most popular neighborhoods near Gateway, Mountlake Terrace, WA?
Home Trends in Gateway, WA
On average, homes in Gateway, Mountlake Terrace sell after 21 days on the market compared to the national average of 58 days. The median sale price for homes in Gateway, Mountlake Terrace over the last 12 months is $680,499, down 5% from the median home sale price over the previous 12 months.
Median Sale Price
$680,499
Median Single Family Sale Price
$653,000
Average Price Per Sq Ft
$542
Number of Homes for Sale
5
Last 12 months Home Sales
40
Median List Price
$650,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-5%
