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Lake Ballinger

Lake Ballinger is a charming, affordable lakefront neighborhood straddling the border of Shoreline and Mountlake Terrace, centered around the scenic Lake Ballinger and its waterfront park.

55
Walk Score
52
Transit Score
48
Bike Score

Living in Lake Ballinger

Lake Ballinger is a charming, affordable lakefront neighborhood straddling the border of Shoreline and Mountlake Terrace, centered around the scenic Lake Ballinger and its waterfront park. With a median price of $560,000 and $404/sqft โ€” among the most accessible in the Shoreline area โ€” this neighborhood offers excellent value, though prices have dipped 11.1% year-over-year, creating favorable conditions for buyers. The area blends suburban tranquility with convenient access to I-5 and light rail.

Lake Ballinger offers a relaxed lakeside lifestyle with kayaking, fishing, and walking trails around the lake, giving residents a taste of recreational outdoor living at a suburban price point. The neighborhood's proximity to the Mountlake Terrace light rail station makes car-free commutes to Seattle increasingly viable. Local amenities are modest but growing, with the broader Shoreline and Lynnwood corridors providing retail and dining options nearby.

Value-seeking first-time buyers โ€” One of the most affordable entry points in the Shoreline area with lakefront proximity and strong schools makes this ideal for first-time buyers. Outdoor lifestyle buyers โ€” Direct lake access for paddling, fishing, and waterfront strolls appeals to buyers who prioritize recreational amenities over urban walkability. Seattle commuters โ€” The new Mountlake Terrace Link light rail station makes this neighborhood attractive for professionals who want to avoid driving into Seattle.

Real Estate Market

Single Family+21.6% YoY
$838,750
$407
$/sqft
3
Days
2
Sold
Condo-19.1% YoY
$465,000
$404
$/sqft
64
Days
3
Sold
Townhouse
$497,584
$325
$/sqft
55
Days
2
Sold

5-Year Price Trends

Quarterly median sale price. Source: Redfin. Hover to highlight.

Q4 2025. Quarterly data from Redfin. Low sales volume can cause quarter-to-quarter volatility.

Getting Around

Lake Ballinger spans the eastern edge of Shoreline and northern Mountlake Terrace, centered on Lake Ballinger itself, with easy access to I-5 and the Mountlake Terrace light rail station.

Key commute times:

  • Downtown Seattle: 25 min by car or 30 min by light rail
  • Microsoft Redmond: 30 min by car
  • Amazon Bellevue: 35 min by car
  • University Of Washington: 25 min by car
  • Amazon South Lake Union: 30 min by car

Highlights

  • Affordable lakefront and lake-view properties under $600K median
  • Direct access to Lake Ballinger for kayaking and fishing
  • 11.1% YoY price dip creates buyer-friendly market conditions
  • Close to Mountlake Terrace light rail for car-free Seattle commutes
  • Part of the well-regarded Shoreline School District
  • Quiet, suburban setting with easy I-5 access

Schools

Parkwood Elementary School

Elementary
6/10

Albert Einstein Middle School

Middle
7/10

Shorewood High School

High School
7/10

Thinking about Lake Ballinger?

I'd love to show you around and help you find the right home. Let's talk about what Lake Ballinger has to offer.

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