Cedar Terrace

Cedar Terrace is a stable, well-established residential neighborhood in Mountlake Terrace offering suburban comfort at a moderate price point. With a median of $740,550 at $464 per square foot and just 7 days on market, demand here remains brisk with homes selling quickly despite a modest 2.9% year-over-year dip. The neighborhood strikes a balance between affordability and accessibility that attracts a broad range of buyers.

Cedar Terrace offers a classic suburban lifestyle with walkable access to local parks, the Mountlake Terrace Recreation Pavilion, and the town center along 244th Street SW. The neighborhood benefits from proximity to the Mountlake Terrace Link Light Rail station, making car-free commutes to Seattle increasingly practical. Residents enjoy a quiet, family-friendly atmosphere with a mix of longtime homeowners and newer families drawn by relative affordability.

Young professional or couple — Light rail access to Seattle combined with suburban affordability makes Cedar Terrace an appealing alternative to pricier Seattle neighborhoods. Family with school-age children — Stable neighborhood with good schools, parks, and recreation facilities at a manageable price point. Move-down or downsizing buyer — Modest, manageable homes with strong resale velocity appeal to those simplifying without leaving a familiar suburban setting.