Federal Way Real Estate Search

Federal Way Properties between $300,000 and $500,000 for Sale

Our website features the best real estate search for between $300,000 and $500,000 properties available in Federal Way and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official REALTOR®’s database every 15 minutes. 

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Newest Federal Way Properties between $300,000 and $500,000 for Sale

$375,000
2 Beds 2 Baths 2565774 MLS ACTIVE Status
Wake up each morning to peaceful water views and end your evenings watching the sun reflect across the lake from your private balcony. Beautifully positioned in one of the community's most desirable locations, this fully remodeled top-floor condo offers the perfect blend of comfort, style, and convenience. Step inside to soaring vaulted ceilings that create an airy, open feel, complemented by abundant natural light and stunning lake views. The designer kitchen has been completely transformed with quartz countertops, custom shaker cabinetry, subway tile backsplash, stainless steel appliances, and elegant finishes that make everyday living feel exceptional. Luxury vinyl plank flooring flows throughout the home, while beautifully updated bathrooms and contemporary fixtures create a polished, move-in-ready space. Even better, the home is being offered fully furnished with quality furnishings, making this an effortless opportunity for homeowners and investors alike. Already established as a successful Furnished Finder rental, this property offers immediate income potential while remaining an incredible place to call home. Outside your door, enjoy private lake access, beautifully landscaped grounds, a community clubhouse, swimming pool, and a lifestyle centered around relaxation and recreation. Whether you're searching for your next home, a weekend retreat, or a proven investment, this exceptional waterfront condo checks every box.

1014 S 312th Street Unit #433, Federal Way

Listing courtesy of Icon Group.

$300,000
3 Beds 2 Baths 2562256 MLS ACTIVE Status
Premiere Choice to call home at Belmor 55+ Park! Expansive Golf Green View from your covered deck of this 3 bedroom 1.75 bathroom option. Built in 2023 feels like brand new, with modern finishes, an open floor plan, high ceilings, & large windows with natural light. Living room offers a stylish built in entertainment center to place your television, books, decor, and entertainment accessories. Spacious chef's kitchen features a large kitchen island with granite countertops and lots of pantry and cupboard space. Primary suite on the opposite end of the home from the two other bedrooms has a large walk in closet & a large bathroom with lots of storage and convenient step in shower. Get away from it all with a greenbelt private sitting area in back. Extra parking on lot! Nearby the new light rail, shopping, dining & Commons Mall. Entertainment just outside your doorstep-golf free w/guests in this community. Country Club atmosphere in a quality community. Belmor has activities & gatherings to maintain a social lifestyle into retirement. Amenities include: Clubhouse with year round covered swimming pool, sauna, spa, fitness center, pool table, games, events & a dog park. Walk across the street to the mall, take light rail to airport or the city. 3 bedrooms offers opportunites for multigenerational living - The park allows 18+ family or caretakers to live with the resident, talk to park or agent for more details, subject to application & approval. This is the retirement 55+ dream!

2101 S 324th Street Unit #10, Federal Way

Listing courtesy of eXp Realty.

$320,000
2 Beds 2 Baths 2558460 MLS ACTIVE Status
Welcome to this inviting townhouse-style condo located in the heart of Federal Way. Situated within a gated community, this 2-bedroom, 1.5-bath home offers a functional layout, recent updates, and convenient access to everyday amenities. The main level features an open living and dining area highlighted by a cozy gas fireplace, along with a spacious kitchen offering ample cabinetry and practical workspace. A convenient half bath and dedicated laundry area are also located on the main floor. Upstairs, you’ll find two generously sized bedrooms, updated flooring, and a full bathroom with a tile shower and ample counter space. Fresh interior paint throughout gives the home a clean, refreshed feel. Step outside to the private back deck, which includes additional storage space. HOA dues cover water, sewer, and garbage, providing added convenience and value. Enjoy low-maintenance living in a location that keeps everything within easy reach. Shopping, dining, parks, and everyday amenities are nearby, while commuters will appreciate convenient access to the Federal Way Transit Center and Link Light Rail, offering connections to Seattle, Tacoma, and beyond. This house comes with a REDUCED RATE as low as 5.875% (APR 6.30%) as of 08/18/2026 through List & Lock™. This is a seller paid rate-buydown that reduces the buyer’s interest rate and monthly payment. Terms apply, see disclosures for more information.

1040 S 320th Street Unit #36, Federal Way

Listing courtesy of Lookup Realty.

$390,000
2 Beds 3 Baths 2553955 MLS ACTIVE Status
Welcome to Regency Ridge, a quiet, gated community offering the perfect blend of privacy and convenience with quick access to I-5, shopping, dining, and everyday amenities. This desirable corner-unit townhome features an attached garage and an open-concept floor plan ideal for comfortable living and entertaining. The bright great room is filled with natural light from large corner windows and features a cozy fireplace. The adjoining dining area flows into the beautifully updated kitchen with brand-new appliances, including a refrigerator, dishwasher, microwave, new countertops, and new cabinetry. Step onto the private deck and enjoy peaceful territorial views. Upstairs, a convenient laundry area with a brand-new washer and dryer is located between two spacious bedrooms. The primary suite features vaulted ceilings, a walk-in closet with a custom organization system, and a private en-suite bath. The second bedroom includes custom closet shelving and an adjacent full bathroom, perfect for guests, roommates, or a home office. Luxury vinyl plank flooring and an updated upstairs shower complete the home's modern finishes. Pet-friendly community. Enjoy Costco, Federal Way Crossings, Home Depot, restaurants, shopping, and I-5 all within 3–5 minutes. Move-in ready and low maintenance, this is a fantastic opportunity to own in one of Federal Way's most desirable gated communities.

1966 S 368th Place Unit #1966, Federal Way

Listing courtesy of Top Agency.

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Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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