Lake Ballinger Homes under $500,000

Welcome to Lake Ballinger, a hidden gem nestled in the heart of Mountlake Terrace, Washington. This picturesque neighborhood offers a harmonious blend of natural beauty and suburban charm, making it an ideal place for families, young professionals, and retirees alike. With its serene lake views and lush greenery, Lake Ballinger is perfect for those seeking a tranquil lifestyle while still being close to urban conveniences.

The neighborhood is anchored by the stunning Lake Ballinger itself, where residents can enjoy a variety of outdoor activities, from kayaking and paddleboarding to fishing and picnicking along the scenic shoreline. The surrounding parks, such as Ballinger Park, provide ample space for walking trails, playgrounds, and sports facilities, making it a wonderful community for active living.

One of the most appealing aspects of Lake Ballinger is the affordability of homes in the area. With a variety of charming properties available for under $500,000, this neighborhood offers an excellent opportunity for first-time homebuyers and those looking to downsize without sacrificing quality of life. From cozy single-family homes to well-maintained townhouses, there’s something to suit every taste and budget.

Conveniently located near major highways, Lake Ballinger provides easy access to Seattle and other nearby cities, allowing residents to enjoy the vibrant culture, dining, and entertainment options without the hustle and bustle of city living. With its friendly community atmosphere, beautiful surroundings, and affordable housing options, Lake Ballinger is truly a wonderful place to call home. Come experience the charm of this delightful neighborhood today!

Newest Lake Ballinger Homes under $500,000

23007 Lakeview Drive Unit #A303, Mountlake Terrace

$430,000

2 Beds ⋅ 2 Baths ⋅ 2566235 MLS ⋅ ACTIVE Status

This spacious 2 bedroom + den, top-floor condo offering peaceful, territorial views and exceptional privacy. This quiet, light-filled home also boasts an open living area centered around a cozy gas fireplace and sliders to a private, view deck. Spacious kitchen with breakfast bar, French doors opening to a true den—ideal for a home office, or guest space and in-unit laundry with more storage. Primary suite features a walk-in closet, private 3/4 bath and beautiful views. Condo includes a single-car garage with extra storage, plus an additional designated parking space and several guest parking spots. Enjoy friendly neighbors and an unbeatable location just 1 mile to Light Rail, with easy access to the Interurban Trail, Lake Ballinger for swimming, kayaking and picnics, and Nile’s Golf Course —the perfect balance of tranquility and convenience.

23007 Lakeview Drive Unit #A303, Mountlake Terrace

Listing Broker: John L. Scott Woodinville; Chelsey Samonte; 206-919-4427; chelseys@johnlscott.com

22703 Lakeview Drive Unit #E1, Mountlake Terrace

$399,950

3 Beds ⋅ 2 Baths ⋅ 2542750 MLS ⋅ ACTIVE Status

Priced to reflect the opportunity to update and personalize to Buyer's own taste. Seller is offering credit towards the buyer closing costs with an acceptable offer! Welcome to this spacious 3-bedroom end-unit townhome in the desirable Lake Village community! Set against a peaceful greenbelt and creek, this home offers 1,335 sq ft of comfortable living space, abundant natural light, and a functional layout with room to make it your own. The main level features an open living and dining area with large windows overlooking the serene surroundings, while all three bedrooms are located upstairs for added privacy. Enjoy two private balconies, covered parking, additional storage, and community amenities including a pool, clubhouse, sports court, playground, and pet-friendly grounds. No rental cap and HOA dues include water, sewer, and garbage. Just minutes from Lake Ballinger, the Interurban Trail, Mountlake Terrace Light Rail Station, I-5, and Hwy 99. Come see the potential and make this Lake Village townhome your own!

22703 Lakeview Drive Unit #E1, Mountlake Terrace

Listing Broker: Kelly Right RE of Seattle LLC; Mesa Yee; 206-724-1288; myee@kellyright.com

23301 Lakeview Drive Unit #A101, Mountlake Terrace

$414,500

2 Beds ⋅ 2 Baths ⋅ 2544153 MLS ⋅ ACTIVE Status

Wake up to stunning territorial views and views of Lake Ballinger right from your private patio in this beautifully updated Mountlake Terrace condo. Combining effortless commutability with a relaxed lakeside vibe, this home features highly attractive upgrades throughout, including stylish luxury vinyl plank flooring, classic cabinets, and attaractive and bright quartz countertops. The layout is exceptionally open and functional with two bathrooms, and the property comes with the ultimate condo unicorn: two rare, dedicated parking spots, one covered and one uncovered.Directly across the street, the massive Ballinger Park serves as your personal 42-acre front yard, offering a scenic boardwalk, trails, and a boat launch for easy kayaking. When you aren't enjoying the waterfront, you're just minutes from the vibrant, walkable restaurants and shops in the Mountlake Terrace Town Center. Best of all, the Mountlake Terrace Light Rail Station is right nearby, offering unbeatable transit access to downtown Seattle and making your daily commute an absolute breeze. This lakeside gem offers the ultimate blend of recreation, style, and urban connection.

23301 Lakeview Drive Unit #A101, Mountlake Terrace

Listing Broker: Tribeca NW Real Estate; Jerome Walters; 206-618-6930; Jerome@tribecanw.com

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