Lake Ballinger Homes under $500,000

Welcome to Lake Ballinger, a hidden gem nestled in the heart of Snohomish County, Washington. This charming neighborhood offers a perfect blend of suburban tranquility and vibrant community life, making it an ideal place for families, young professionals, and retirees alike.

Lake Ballinger is renowned for its picturesque scenery, featuring the serene Lake Ballinger itself, where residents can enjoy a variety of outdoor activities such as fishing, kayaking, and leisurely strolls along the shoreline. The lush parks and green spaces in the area provide ample opportunities for picnics, playdates, and outdoor sports, fostering a strong sense of community among neighbors.

One of the most appealing aspects of Lake Ballinger is its affordability. With homes available for under $500,000, this neighborhood presents an excellent opportunity for first-time homebuyers and those looking to invest in a thriving area. The diverse range of homes, from cozy bungalows to charming townhouses, ensures there’s something for everyone. Many properties feature spacious yards, modern amenities, and easy access to local schools and shopping centers.

In addition to its beautiful homes, Lake Ballinger boasts a friendly atmosphere, with community events and gatherings that bring residents together throughout the year. Whether you’re enjoying a summer festival or a winter holiday celebration, you’ll find that the warmth of this neighborhood is truly inviting.

Discover the charm of Lake Ballinger today, where affordable living meets a vibrant community spirit. Your dream home awaits in this idyllic corner of Washington!

Newest Lake Ballinger Homes under $500,000

$269,000

2 Beds ⋅ 1 Baths ⋅ 2590155 MLS ⋅ ACTIVE Status

Welcome to this quiet, recently renovated Edmonds condo, thoughtfully designed for comfortable living and easy entertaining. The open kitchen features a breakfast bar that opens to the dining area and living room, creating a welcoming open-concept space. The Kitchen has been beautifully updated with new appliances, granite countertops, and convenient adjacent in-unit laundry. The spacious primary bedroom offers a walk-in closet, while the second bedroom provides a flexible space ideal for guests or a home office. This building's roof was installed just two years ago. Enjoy a prime location just blocks from the Link, bus lines and easy walking distance to grocery, restaurants and coffee shops. Location is right off the Interurban Trail and near Lake Ballinger. You'll also have easy access to Highway 99, Alderwood Mall and Edmonds beaches, ferries and waterfront. Restaurants and shopping are just steps away. The home includes one close and convenient dedicated parking space (#60), plus tons of guest parking. Relax and cool off in the seasonal pool, and enjoy the flexibility of no rental cap. The low HOA dues include common area maintenance, water, sewer, and garbage. An ideal combination of style, comfort, convenience, and location - come start your next chapter in Edmonds!

7305 224th Street SW Unit #F6, Edmonds

Listing Broker: Windermere Real Estate GH LLC; Luke Brown; 206-900-6483; lukebrown@windermere.com

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

$365,000

3 Beds ⋅ 2 Baths ⋅ 2542750 MLS ⋅ ACTIVE Status

Price Adjustment - Investor Alert!! Priced to sell AS-IS, this property presents an incredible value-add opportunity for investors. 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 serene sights of Lake Ballinger from your own private patio in this beautifully updated, ground-floor Mountlake Terrace condo. Offering seamless, no-step entry, this home delivers the perfect blend of modern comfort and relaxed lakeside living. Inside, light and stylish upgrades run throughout, featuring durable luxury vinyl plank flooring, classic cabinetry, and bright quartz countertops that bring a crisp, polished feel to every room. The highly functional layout includes two complete bathrooms, ensuring extra privacy and convenience for everyday living and guests alike. Adding even more value is a rare condo feature: two dedicated parking spaces, one covered and one uncovered. Directly across the street, the forty-two-acre Ballinger Park acts as an extended front yard, giving you instant access to Lake Ballinger, scenic walking trails, a boardwalk, and a boat launch for easy weekend kayaking. Beyond the water, you are just moments from the local shops and dining in the Mountlake Terrace Town Center. For commuters, the location is unbeatable, offering fast access to Interstate 5 and the Mountlake Terrace Light Rail Station for a direct, effortless trip into downtown Seattle. This home combines full updates, ground-floor accessibility, and total urban connection into one exceptional lakeside retreat.

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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