Silver Lake, Everett — Neighborhood Guide

Last updated: March 2026

Silver Lake is Everett’s go-to family neighborhood — and there’s a reason it keeps coming up when people ask “where should I buy in Everett?” Good schools, a literal lake, parks and trails within walking distance, and a mix of newer developments alongside established homes. It sits right at the citywide median price (~$600K), which means you’re not overpaying for the family-friendly reputation. Compare all Everett neighborhoods to see how Silver Lake stacks up.

Silver Lake at a Glance

Median Home Price	~$600,000
Typical Home Style	Mix of newer developments (2000s–2020s), townhomes, and established 1970s–90s homes
Lot Sizes	Moderate — typical suburban lots, smaller in newer developments
Best For	Families with school-age kids, buyers wanting newer construction without Boulevard Bluffs pricing
Walkability	Moderate — car-dependent for most errands, but walkable to parks and lake
Transit	Bus routes available, but most residents drive

Wondering what your Silver Lake home is worth in today’s market? Get a current home value estimate based on recent comparable sales in this neighborhood.

What It’s Like to Live in Silver Lake

Silver Lake feels like what people picture when they imagine “Everett suburbs.” The neighborhood wraps around Silver Lake itself — a 100-acre freshwater lake with a public swimming beach, fishing, non-motorized boating, and a walking trail that loops the shoreline.

The housing mix is one of Silver Lake’s strengths. You can find a 1980s split-level on a bigger lot for under $550K, or a newer 2010s townhome development closer to $650K. Waterfront properties command a significant premium and rarely come on the market.

The downside? Silver Lake is car-dependent for anything beyond a walk to the lake.

What Homes Look Like in Silver Lake

Established homes (1970s–1990s): Split-level and rambler-style homes on larger lots. These come in under the $600K median — often 3-bed/2-bath with a garage and a real backyard.

Newer developments (2000s–2020s): Townhomes and planned communities with cleaner layouts. $600K–$700K range.

Waterfront properties: Rare, highly sought after, and almost always sell above the neighborhood median.

Schools Near Silver Lake

Schools are one of the primary reasons families choose Silver Lake. The neighborhood is served by the Everett School District, and several well-regarded schools are nearby.

Verify current assignments with the Everett School District.

For updated school boundaries and enrollment info, visit the Everett School District website.

Parks and Recreation

Silver Lake: The centerpiece. Public swimming beach (open in summer), fishing (stocked with trout), non-motorized boats allowed, and a perimeter trail for walking and jogging. Free to access year-round.

Check the City of Everett Parks & Recreation site for current park hours, programs, and facility reservations.

Rental Rates in Silver Lake

Silver Lake skews heavily toward owner-occupied homes. When rentals come available, expect $2,200–$2,800/month for 3-bed single-family homes.

Recent Sales in Silver Lake

Type	Bed/Bath	Sold Price	Price/Sq Ft	Days on Market
Single Family (1985)	3/2	~$540,000	~$310/sqft	~21 days
Single Family (2015)	4/2.5	~$670,000	~$330/sqft	~14 days
Townhome (2018)	3/2.5	~$620,000	~$350/sqft	~18 days

Before making any decisions, understand how Everett property taxes work — you can also look up your specific property details on the Snohomish County property search and what they mean for your bottom line. And if you’re weighing whether now is the right time, read our honest analysis: Should I sell my house in Everett right now?

Silver Lake: The Honest Take

Why you’d buy here: Best family neighborhood in Everett. Lake access is a genuine lifestyle asset. Housing variety means options at multiple price points. Schools are a draw.

Why you might not: Car-dependent. Newer developments have smaller lots and HOA fees. Competition for homes under $600K.