Mountlake Terrace Real Estate Listings and Information

Mountlake Terrace

The site of Mountlake Terrace was thickly forested in the mid-Nineteenth Century and formed part of the traditional hunting-gathering areas of the Snohomish people. The area was obtained by the Puget Mill Company in 1862. By 1900, most of the land in south Snohomish County had been logged. Pope & Talbot Company, the successor entity of the Puget Mill Company, subdivided the cut area into 10-acre plots, which were sold as "chicken ranches." These plots were sold with moderate success to ranchers raising poultry, mink, and chinchilla. An interurban rail line between Tacoma, Washington and Everett, Washington was built in 1910, allowing easier access to the farms from throughout the region. Many of them failed failed during the Great Depression, however, and the railroad was abandoned in 1939.

A portion of the area was used by the United States government during World War II as a landing field. At the end of the war, the government ceased operation of the airfield. In 1949, developers Albert LaPierre and Jack Peterson bought the abandoned airstrip and began constructing cinder-block houses. They named their development "Mountlake Terrace" because from some parts of the property they could see both Mount Rainier and Lake Washington, and the old runway looked a little like a terrace.

"Mountlake Terrace 236th&56th" by ECTran71 - Own work. Licensed under Public Domain via Wikimedia Commons -

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Mountlake Terrace

Active Market Stats
  • 54 Listings For Sale
  • $451,479 Average Listing Price
  • $316 Average Listing Price per Square Foot
Sold Market Stats
  • 632 Properties Sold
  • 54 Average Days on Market
  • $337 Average Sale Price per Square Foot

Average Sale Price in Mountlake Terrace

Average Days on Market for Mountlake Terrace Listings

Average Price per Square Foot in Mountlake Terrace