Cedar Terrace Homes under $700,000

Welcome to Cedar Terrace, a hidden gem nestled in the heart of Mountlake Terrace, Washington, within the stunning Snohomish County. This charming subdivision is the perfect blend of suburban tranquility and urban convenience, making it an ideal place for families, professionals, and retirees alike.

Cedar Terrace boasts a diverse selection of homes, with many options available under $700,000. Whether you’re looking for a cozy single-family home, a contemporary townhouse, or a spacious residence with a yard, Cedar Terrace has something to suit every taste and budget. The area is characterized by its well-maintained properties and a welcoming community atmosphere, making it a delightful place to call home.

One of the standout features of Cedar Terrace is its proximity to a variety of amenities. Residents enjoy easy access to local parks, shopping centers, and dining options, all within a short drive or leisurely stroll. The nearby Mountlake Terrace Recreation Pavilion offers a range of activities, including swimming, fitness classes, and sports facilities, perfect for keeping the whole family active and engaged.

In addition to its local amenities, Cedar Terrace is conveniently located near major highways, making commuting to Seattle or other surrounding areas a breeze. The community is served by excellent schools, ensuring that families have access to quality education for their children.

If you’re searching for a vibrant community with affordable housing options in the beautiful Pacific Northwest, look no further than Cedar Terrace. Discover your dream home in this lovely neighborhood today!

Newest Cedar Terrace Homes under $700,000

$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

$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

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

23339 Cedar Way Unit #A302, Mountlake Terrace

$399,950

2 Beds ⋅ 2 Baths ⋅ 2575318 MLS ⋅ ACTIVE Status

Resort Living in the City! Welcome to a beautifully tucked-away 2-bedroom, 2-bathroom residence surrounded by lush greenery, offering 2 car park space with in unit laundry, storage and private balcony. Perfect blend of comfort, privacy & convenience. Step inside and enjoy a open floor plan designed home, creating a peaceful space to enjoy your morning coffee or unwind at the end of the day. Club house is right across offer exceptional collection of amenities Tanning , Sauna, Gym, Pool, Playground & Basketball Court, designed to make every day feel like a getaway. There are community room for small gathering. Complex was surrounded by mature greenery and peaceful landscaping, Commuters will appreciate the easy access to the Mountlake Terrace Light Rail Station and Park & Ride, making travel throughout the region simple and convenient.

23339 Cedar Way Unit #A302, Mountlake Terrace

Listing Broker: WPI Real Estate Services, Inc.; Loretta Lo; 425-533-1188; lorettalorealestate@gmail.com

$675,000

3 Beds ⋅ 1 Baths ⋅ 2574925 MLS ⋅ ACTIVE Status

Beautifully updated split-level home with charming vintage touches on a large corner lot in desirable Mountlake Terrace. This inviting home blends classic character with thoughtful updates, including refinished hardwood floors upstairs, new flooring downstairs, and wonderful original details throughout. The spacious lower-level family room is made for gathering with a cozy wood-burning fireplace and classic wet bar—perfect for movie nights, entertaining, or relaxing. The storage room offers additional flexibility and could potentially be plumbed for another bathroom. Recent improvements include a brand-new furnace installed October 2026 and a new hot water heater, plus a new roof by Valentine Roofing with attic insulation scheduled for installation. Front tree has been removed and the driveway to be leveled, further enhancing the property. The huge corner lot, rare two driveways, and 3-car garage provide incredible space for vehicles, hobbies, storage, or a workshop. The reinforced garage roof offers exciting potential for a future rooftop deck. Conveniently located near schools, parks, shopping, dining, I-5, the Mountlake Terrace Link light rail station, and Lake Ballinger.

22004 36th Avenue W, Mountlake Terrace

Listing Broker: Keller Williams Realty Bothell; Sunshine S. Burruss; 425-629-9140; sunnysellswa@gmail.com

23319 Cedar Way Unit #K203, Mountlake Terrace

$419,950

2 Beds ⋅ 3 Baths ⋅ 2555181 MLS ⋅ ACTIVE Status

Bright and private townhome-style condo with peaceful greenbelt views. Large windows bring in plenty of natural light, while the private balcony offers a relaxing outdoor space. This well-maintained two-level home features 2 bedrooms, 2.5 bathrooms, a spacious primary suite, a dedicated laundry room, and two assigned parking spaces. Enjoy community amenities including a swimming pool, hot tub, sauna, fitness center, clubhouse, playground, and community garden. HOA dues cover water, sewer, garbage, landscaping, snow removal, and common area maintenance. Conveniently located approximately 1.3 miles from the Mountlake Terrace Link Light Rail Station, with easy access to I-5, shopping, dining, and parks.

23319 Cedar Way Unit #K203, Mountlake Terrace

Listing Broker: homecoin.com; Jon Minerick; 888-400-2513; info@homecoin.com

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Cedar Terrace Homes under $700,000

Newest Cedar Terrace Homes under $700,000

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