Federal Way Washington Real Estate

Federal Way WA Real Estate, homes and condos for Sale

$1,500,000
2495945 MLS ⋅ ACTIVE Status
Very potential commercial lot in the heart of Federal Way, you can build a multiple unit rental apartment, or a mix-use business building or retirement facility. Please verify with City planning department.

30600 Pacific Highway S, Federal Way

Listing courtesy of Skyline Properties, Inc..

$425,000
2495870 MLS ⋅ ACTIVE Status
Perfectly positioned flat corner lot with hundreds of feet of street frontage on north bound SR 161 Enchanted pkwy, right next to I-5. With around 33,000 sqft of usable land for both commercial and multi family use, Gas stations, retail, apartments, condos, hotels or a combination of the 2 are all a go for this lot. Approximately 41,000 cars traveling past this parcel daily, with new developed neighborhoods to the east, creating huge value for any type of commercial use. Land has been partially cleared with setbacks marked.

1111 Enchanted Pkwy S, Federal Way

Listing courtesy of eXp Realty.

$345,000
2494932 MLS ⋅ ACTIVE Status
SELLER FINANCING AVAILABLE! Exceptional opportunity to secure 1.38 acres of fully usable, level land in South Federal Way. This property offers strong development potential with the ability to create approximately 4–6 lots (buyer to verify). No wetlands present, allowing for a more efficient path to building. Zoned RS9.6, with water and electricity available in the street and sewer located nearby. A unique advantage includes an existing alley easement running through the property that may be vacated, opening up more optimal lot configurations. Additionally, boundary line adjustments may provide an alternative to a full subdivision or short plat process (buyer to verify). Ideal for builders, investors, or those looking to maximize land use in a rapidly growing area.

0 XX 14th Avenue SW, Federal Way

Listing courtesy of Real Broker LLC.

$260,000
2 Beds ⋅ 1 Baths ⋅ 2493649 MLS ⋅ ACTIVE Status
Beautifully updated condo of Habitat Condominiums located in Federal Way! This fully updated 2 bedrooms, 1 bath top floor/end unit condo is ready to move in! Updated kitchen with newly installed cabinets, carpet, doors, appliances & laminated flooring. Fireplace. Deck off of living room has extra storage overlooking the well-maintained flowered wooded trail. Walkable & near to restaurants, shopping and entertainment. Short drive to downtown. Come see today!

33025 18th Place Unit #D301, Federal Way

Listing courtesy of Better Properties RE King.

$899,000
2491971 MLS ⋅ ACTIVE Status
Great investment opportunity in Federal Way. Well-maintained four-plex featuring four spacious 2-bedroom, 1-bath units, each offering 1,000 square feet of comfortable living space. Functional layouts, generous unit sizes, and consistent rental demand support strong long-term performance. Property currently offers a cap rate of over 6%, making it an attractive addition to an investment portfolio. Significant capital improvement completed with a new tile roof installed in 2022, providing durability and reducing future maintenance concerns. Conveniently located near major commuting routes, shopping, dining, and everyday amenities. Large unit sizes, solid income potential, and key updates make this a compelling multi-family investment opportunity in a strong rental market. Excellent opportunity for investors seeking stable cash flow and long-term value.

34120 1st Place S, Federal Way

Listing courtesy of Real Broker LLC.

$179,990
2 Beds ⋅ 1 Baths ⋅ 2492259 MLS ⋅ ACTIVE Status
Well-maintained top-floor 2-bedroom, 1-bath condo a clean, move-in-ready feel. The bright, functional layout features an open-concept design that flows from the kitchen into the dining and living areas, creating a comfortable and inviting space with room to personalize. Enjoy the convenience of being in the heart of Federal Way, close to shopping, dining, parks, entertainment, and major commuter routes including I-5, Hwy 18, bus lines, and the light rail system. Community amenities include a pool, gym, sauna, and clubhouse, along with plenty of first-come, first-served unassigned parking. HOA dues include sewer, water, and garbage. No rental cap, making this a great opportunity for both homeowners and investors seeking comfortable, low-maintenance living.

31003 14th Avenue S Unit #E12, Federal Way

Listing courtesy of TS Property Management.

$1,020,000
4 Beds ⋅ 3 Baths ⋅ 2486783 MLS ⋅ ACTIVE Status
Welcome to this luxurious MainVue home in a well-established neighborhood, featuring over $50,000 in builder upgrades and more than $70,000 in backyard enhancements. Designed for entertaining and everyday comfort, this residence blends open concept living with high-end finishes and thoughtful indoor-outdoor flow. Key Features incudes Open-concept family room, dining area, and kitchen with large sliding doors leading to a covered outdoor living space. Gourmet kitchen with quartz countertops, abundant counter space and storage, and room for casual dining. Upgraded backyard with extensive improvements. Upstairs loft offering flexible space for a media area, home office, or playroom. Central A/C and heating for year-round comfort. Additional highlights that includes elegant finishes and thoughtful builder upgrades throughout.

2873 S 353rd Place, Federal Way

Listing courtesy of Realty ONE Group Orca Gold.

$230,000
2 Beds ⋅ 1 Baths ⋅ 2489867 MLS ⋅ ACTIVE Status
Move in ready and well-maintained ground-floor unit in the heart of Federal Way with a bright and functional layout. This 2-bedroom, 1-bathroom home offers a comfortable & functional open living space with ample natural light throughout the generous living space & lots of closet storage space. The galley kitchen is well-equipped with stainless steel appliances, granite counter-tops, a breakfast bar, & more storage. The open concept flows from the kitchen seamlessly into the dining room & living room areas; creating the ideal space for both daily living and entertaining. The back patio offers privacy with breathtaking sunsets & a direct / unobstructed view of the clear waters of serene Easter Lake, providing a peaceful, rural feel despite the benefit of being in a central location, making this home the ultimate & affordable waterfront lifestyle property. Excellent resort-style community amenities, including a clubhouse, pool, hot tub, sauna, gym, two laundry rooms and lots of secure parking spaces for you & your visitors. The unit is pet-friendly and doesn't have a rental cap, making it an excellent opportunity for both homeowners & investors. Its prime location offers quick & easy access to I-5, HW 18, shops, restaurants, parks, entertainment, bus lines, commuter routes & the light rail system. HOA dues include sewer, water, garbage & access the amenities. A great home with scenic views & comfortable, low-maintenance living. The perfect combination of convenience & value!

31003 14th Avenue S Unit #D 13, Federal Way

Listing courtesy of Red Rock Real Estate.

$75,000
2484436 MLS ⋅ ACTIVE Status
Discover a rare opportunity in Federal Way! 2.17 acres across two tax parcels sold together, offering flexibility and possibility for your future vision. Whether you're dreaming of building one private estate or exploring the potential for two homes, this secluded acreage provides the perfect canvas at an excellent price. Final feasibility, including perk tests and driveway easement improvements, will determine whether one or two residences are possible; buyer to verify all details. Tucked away in a peaceful, wooded setting, this property delivers the rare combination of convenience and tranquility. Towering evergreens create your very own forest retreat—an ideal backdrop for a custom home, a large garage or shop, garden space, or simply room to breathe. Walk the property and experience firsthand the quiet privacy and sense of escape from the everyday hustle and bustle. This is zoned residential, with nearby access to utilities. A septic system will be needed, and the property is expected to perk; public sewer is too far for practical connection. Water and other utilities will need to be brought in—another element allowing you to tailor the homesite to your needs. Follow the driving directions, park at the designated spot, and enjoy a beautiful walk through the land. Here is a unique chance to create something special—don’t miss this rare acreage offering in Federal Way.

26 XX SW 308th Street, Federal Way

Listing courtesy of KW Mountains to Sound Realty.

$1,199,990
4 Beds ⋅ 4 Baths ⋅ 2486065 MLS ⋅ ACTIVE Status
Single-Story Living! Brand new, contemporary energy-efficient home by award winning builder Ichijo USA! 3292 sqft, 4 beds plus den, 3.25 baths, Sunny, Spacious Balcony with Territorial Views! 20,000 sq ft estate-sized home site! The main floor features a luxurious primary suite with a five-piece bathroom! Also on the main floor you will find an open, bright living area with vaulted ceilings, modern kitchen, dining space, guest bathroom and den! Lower level: 3 beds, living room, including an ensuite for your ample comfort and convenience. Move-in ready by Fall! Only minutes away from I-5, grocery stores, dining, and schools! Call or Text the listing broker to make an Appointment today! Ichijo USA is currently offering a 35k incentive with the use of a preferred lender! If represented by a broker, broker must accompany & register at 1st visit. See Site Registration Policy 4772.

36508 SW 3rd Place Unit #2, Federal Way

Listing courtesy of James & Associates R.E. Inc..

$1,219,990
4 Beds ⋅ 4 Baths ⋅ 2486133 MLS ⋅ ACTIVE Status
Single-Story Living! Brand new, contemporary energy-efficient home by award winning builder Ichijo USA! 3292 sqft, 4 beds plus den, 3.25 baths, Sunny, Spacious Balcony with Territorial Views! 20,000 sq ft estate-sized home site! The main floor features a luxurious primary suite with a five-piece bathroom! Also on the main floor you will find an open, bright living area with vaulted ceilings, modern kitchen, dining space, guest bathroom and den! Lower level: 3 beds, living room, including an ensuite for your ample comfort and convenience. Move-in ready by Fall/Early Winter! Only minutes away from I-5, grocery stores, dining, and schools! *Call or Text the listing broker to make an Appointment Today! *Ask about the 35k flex cash incentive with use of preferred lender! *If represented by a broker, broker must accompany & register at 1st visit. See Site Registration Policy 4772.

320 SW 365th Street Unit #3, Federal Way

Listing courtesy of James & Associates R.E. Inc..

$349,999
3 Beds ⋅ 2 Baths ⋅ 2483040 MLS ⋅ ACTIVE Status
Welcome to Quiet Forest II, a well-maintained and secure 55+ gated community offering peaceful living in a quiet, established setting. This is a rare opportunity to own one of the largest townhomes available in the community, boasting over 1,600 square feet of comfortable, thoughtfully designed living space.This is a spacious, 3-bedroom, 1.5 bath townhome. Enjoy a large kitchen with brand-new appliances, open living and dining areas, cozy fireplace, and quiet territorial views. The finished lower level provides valuable extra flex space for an office, hobby room, or additional guest area. Brand-new washer and dryer are conveniently located inside the unit. Relax on your private balcony deck or enjoy the welcoming yard space at your front door. Includes a 2-car personal garage plus additional parking spaces. Clean, well-cared-for, and move-in ready—don’t miss this rare opportunity!

32612 3rd Place S Unit #18C, Federal Way

Listing courtesy of Better Properties Soundview.

$2,500,000
2481082 MLS ⋅ ACTIVE Status
This property represents an excellent investment opportunity with low overhead costs, currently available as the owner is adjusting their investment portfolio. The location offers high visibility and significant frontage exposure, with over 35,000 vehicles passing by daily. The space is versatile and can be converted for various uses, such as an assisted living facility, a dental clinic, or professional offices for legal and accounting services.

30640 Pacific Hwy Highway S, Federal Way

Listing courtesy of Skyline Properties, Inc..

$990,000
2478223 MLS ⋅ ACTIVE Status
This well-maintained 4-plex in the desirable Campus View community presents an excellent investment opportunity. Each of the four spacious units features 2 bedrooms, 1.5 bathrooms, 976 sq. ft. of living space, a cozy fireplace, and an in-unit washer and dryer. Residents enjoy the convenience of a dedicated covered parking spot, plus additional visitor parking. Professionally managed for a hassle-free ownership experience, this property is centrally located near shopping, dining, and parks, with easy access to I-5, Hwy 99, and Hwy 18.

34005 1 St Circle S, Federal Way

Listing courtesy of 360 Pacific.

$1,030,990
5 Beds ⋅ 3 Baths ⋅ 2471858 MLS ⋅ ACTIVE Status
Welcome to Twin Trails, Risewell Homes Newest community. The Plan 2 features 3-Car, 5 bdrm + Bonus room,(One full bdrm on main), large great room on main level of home. Chef-style kitchen w/large quartz slab island & counters with plentiful cabinets and drawers. HUGE walk-pantry and mud room off kitchen. Spacious owners suite and a spa-inspired bathroom. Upstairs laundry room w/ cabinets, counter w/sink. A residential community by the Puget Sound in Federal Way within the Seattle Metro Region. This new enclave of expansive single-family residences offers big homes and even bigger, backyards for move-up buyers. A new opportunity for modern construction and design in a constrained resale market that is close to commuting corridors, retail centers and state parks. Walking Distance to Major Park, Regional Bike Trails, and Big Box Retail. Minutes to major freeways and 20 min to the airport. Now Open Wed - Sunday's. Interior pictures are virtual - Upgrades now included. Home completes in August

34248 SW 19th (Lot 27) Avenue SW, Federal Way

Listing courtesy of Risewell Homes.

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Search popular home communities in Federal Way WA such as Campus Estates, Campus Highlands, Dash Point, Dumas Bay, Marine Hills, Marine View Park, Mirror Lake, Twin Lakes, Regency Woods, Redondo real estate and West Campus.

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Searching for a vibrant suburban community with a wealth of amenities and a prime location? Look no further than Federal Way, WA! Situated between Seattle and Tacoma, Federal Way offers residents the perfect balance of suburban living, convenient access to urban amenities, and a welcoming community. We will explore the real estate market in Federal Way, highlighting its attractions and unique features that make it an ideal destination for real estate buyers.

Prime Location and Easy Commute:

Federal Way's prime location along Interstate 5 makes it an ideal choice for those seeking easy access to major employment centers. With a convenient commute to Seattle, Tacoma, and other surrounding cities, residents can enjoy the benefits of suburban living while being within reach of a wide range of job opportunities, cultural attractions, and entertainment options.

Diverse Housing Options:

Federal Way offers a diverse range of housing options to suit different preferences and budgets. From single-family homes in established neighborhoods to modern townhouses and condominiums, Federal Way has something for everyone. Whether you're a young professional, a growing family, or a retiree, the real estate market in Federal Way provides options that cater to your specific needs and lifestyle.

Abundance of Amenities:

Federal Way boasts an abundance of amenities to cater to residents' needs. The town features a variety of shopping centers, including The Commons at Federal Way and The Outlet Collection Seattle, offering a wide range of retail options. Residents can also enjoy a variety of dining experiences, recreational facilities, parks, and community centers, ensuring there's always something to do and explore in Federal Way.

Natural Beauty and Outdoor Recreation:

Federal Way is surrounded by natural beauty and offers numerous opportunities for outdoor recreation. The town is home to Dash Point State Park, with its scenic trails, sandy beaches, and picnic areas. Residents can enjoy activities such as hiking, fishing, boating, and beachcombing. Additionally, the nearby Puget Sound and its stunning waterfront views provide a picturesque backdrop for outdoor enthusiasts.

Community Engagement and Events:

Federal Way prides itself on its strong community engagement and hosts various events throughout the year that bring residents together. From summer concerts in the park to farmers markets and cultural festivals, there are ample opportunities for neighbors to connect, celebrate, and foster a sense of community pride.

Conclusion:

Federal Way, WA, offers a vibrant suburban living experience for real estate buyers seeking a prime location and a strong sense of community. With its convenient commute options, diverse housing options, abundance of amenities, natural beauty, and community engagement, Federal Way provides the best of both worlds. Explore the real estate market in Federal Way and find your perfect home in this thriving and welcoming suburban community.

Federal Way is a city in King County, Washington, United States. The population was 98,394 at the 2020 census. It is part of the Seattle–Tacoma–Bellevue metropolitan statistical area.

Federal Way is located about 23 miles south of Seattle and 13 miles north of Tacoma. The city is bordered by Kent to the north, Auburn to the east, Fife and Edgewood to the south.

Federal Way is a great place to live, work, and raise a family. The city has a strong economy, with a variety of businesses and industries. Federal Way is also home to a number of schools, parks, and recreation areas.

Federal Way is known for the Commons mall, Twin Lakes Golf course, recreational trails, parks, bowling alley and many other attractions. It is close to SeaTac airport and has many transit options.

The real estate market in Federal Way is very active. The median home price in Federal Way is $560,000.