Mountlake Terrace Homes for Sale

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Homes for sale in Mountlake Terrace by Price Range

You can view Mountlake Terrace homes for sale on this page in four different price ranges: $200,000 - $399,999, $400,00 - $599,999, $600,000 - $999,999, and $1 Million and above. As your Mountlake Terrace realtor, I will work with you to find homes that meet your criteria. I want to find the best home for you. Contact Ron Brown at 206.604.5186 for a showing!

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About Mountlake Terrace

Jack Peterson (1904-1996) and Albert L. LaPierre (1907-1989) went into business together in the late 1940s. The two completed a few small developments in north King County after the end of the war, but the increasing cost of land and building permits drove them north, into Snohomish County. In 1949, they bought land just north of present-day 244th Street SW and east of today’s I-5, named it, platted it, and began building simple, two-bedroom houses, on concrete slabs, measuring 20 by 30 feet.

Peterson developed a construction model that resembled an assembly line. One crew prepared the site, laid the foundation, and put in the plumbing (which was embedded in the houses’ concrete floors); another put up the exterior concrete-block walls; a third did the interior walls and put on the roof. Interior painting and landscaping was left to the new homeowners. A row of houses could be completed within a few weeks. They were tiny, even by the standards of that era, but they were warm and dry and much better than the garages and basements where so many of the veterans had lived while they hunted for something better.

With the economy booming and the demand for housing soaring, the houses sold faster than they could be built. Peterson-LaPierre bought more land and started building somewhat larger houses, but assembly line techniques and economies of scale kept their prices lower than those of their competitors, and buyers snapped up those houses, too.

Mountlake Terrace today bears little resemblance to the housing development that was planted by Peterson-LaPierre in 1949. The community has grown from one square mile to four; Premera Blue Cross has replaced the Fluke Corporation as the town’s largest employer. More than 2,400 people work at Premera’s headquarters in Mountlake Terrace -- nearly half the total number of people living here when the city was incorporated. The city is proud of its 262 acres of parks and recreational areas. But some of the original, two-bedroom cinder-block houses still exist, clustered around the 236th Street exit from the freeway, modest testimonies to the dreams of an earlier generation.

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Schools in Mountlake Terrace are shown below:

Cedar Way Elementary School
Mountlake Terrace High School
Mountlake Terrace Elementary School
Terrace Park School
Challenge Elementary School
St Pius X Elementary School

About Mountlake Terrace

A 3-day Seafair-sanctioned summer festival called the Tour de Terrace occurs each July. It includes a pancake breakfast, a classic car show, a fireworks show, and arts & crafts booths with live entertainment.

Mountlake Terrace has a recreation center that houses an indoor swimming pool with a lazy river, spa and sauna. Forest Crest Athletic Club features tennis and pickleball courts. Ballinger Park is undergoing an extension renovation to convert the golf course to a 42-acre park located on the shores of Lake Ballinger.

The Nile Shrine Golf Course is in Mountlake Terrace and is open to the public. Meeting rooms and banquet rooms are available for rent at the Nile Shrine Center.

In 2006, the City Council decided to generate economic development throughout the community by creating and implementing a Town Center Plan. The City Council worked in tandem with the community to adopt a Town Center Plan in early 2007 with the hope of revitalizing its downtown to create an economically viable city and retain quality of life for its residents. For more information about Mountlake Terrace, click on Mountlake Terrace, Washington.

There is a online newspaper with community news for Mountlake Terrace called MLT News.  Mountlake Terrace residents spend less on water and sewer utilities than neighboring cities. The largest employer in the city is Premera Blue Cross with over 2,000 employees.