Federal Way Real Estate Search

Federal Way Properties between $500,000 and $700,000 for Sale

Our website features the best real estate search for between $500,000 and $700,000 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. 

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire.

Curious about what’s happening in the Federal Way real estate market? Sign up for a  Federal Way Real Estate Market Report to see what’s active, under contract, and sold!

Considering selling or refinancing your home? Get an INSTANT property valuation now!

Newest Federal Way Properties between $500,000 and $700,000 for Sale

$695,000
4 Beds 3 Baths 2559372 MLS ACTIVE Status
Welcome to this beautifully updated TURNKEY HOME, tucked away along a quiet, peaceful wooded setting. Located on a DEAD-END STREET, this property offers exceptional privacy while remaining just minutes from shopping—including Costco, Fred Meyer, Walmart, and WinCo—parks, schools, major highways, and everyday amenities. Its central location also provides convenient access to Seattle, Tacoma, Mt. Rainier, Snoqualmie, and other popular destinations.This spacious home features 3 bedrooms, 2.5 bathrooms, plus a BONUS ROOM WITH A CLOSET, ideal for a home office, guest room, gym, media room, or MULTI-GENERATIONAL LIVING.The bright, open floor plan showcases a contemporary kitchen with quartz countertops, a breakfast bar, a cozy fireplace, and LUXURY VINYL PLANK FLOORING THROUGHOUT. The finished lower level offers flexible living space with a SECOND LAUNDRY AREA, providing added convenience for extended living arrangements or guests.Extensive updates include a NEWER ROOF, NEW WATER HEATER, Hardie Plank siding, CEDAR SAUNA, deck, double-pane windows, heat pump with A/C, LUXURY VINYL PLANK FLOORING, and much more.Outside, you'll find a HUGE GARAGE WITH WORKSHOP AND STORAGE, abundant parking for 10+ VEHICLES, RV parking, a fully fenced yard, mature fruit trees, and plenty of space to enjoy the outdoors.Enjoy the perfect balance of privacy, flexibility, and convenience in this move-in-ready home.

37110 5th Ave SW, Federal Way

Listing courtesy of Dalton Wade, Inc..

$699,950
5 Beds 2 Baths 2551807 MLS ACTIVE Status
This property meets all of the legal requirements to operate an adult family home business, with one through six residents, but it has capacity for up to eight (two single rooms and three doubles). The sale conveys the lease agreement with the tenant. AFH business is separately for sale, listed in business opportunity, (MLS 2562632). Owner prefers to sell jointly. Business sale includes the State of Washington business license, 1 or 2 residents, and 1 or 2 temporary licensed staff. Annual gross sales accounts from a 50% occupancy capacity. The income-generating rambler sits on a 10,000 plus square-foot lot in the Mirror Lake community in Federal Way. The owner spent nearly $100,000 to renovate the property: updated the bathrooms, added two additional bedrooms, and turned the one-car garage into a laundry and storage room. The business home features: ADA accessible ramps at both entrances; hardwood floors and carpets throughout; a wood fireplace and an enormous street-facing window in the living room, with an open-dividing wall between it and the kitchen and dining room; wooden cabinets; French doors that open to a manicured PNW yard; and a master bedroom with a half ensuite. All appliances convey with the home, including: Kenmore Elite induction stove, Samsung fridge, washer and dryer, a wooden dining table, and some medical equipment and state-of-the-art medical beds.

Federal Way

Listing courtesy of Keller Williams North Seattle.

$665,000
5 Beds 3 Baths 2550873 MLS ACTIVE Status
Spectacular is the only way to describe this incredible 5-bedroom, 3-bath home nestled on an expansive nearly 18,000-square-foot corner lot in one of Federal Way’s most sought-after neighborhoods. Offering nearly 3,000 square feet of beautifully designed living space, this home is filled with natural light, generous gathering spaces, and room for everyone. The spacious kitchen is truly the heart of the home—perfect for cooking, entertaining, holiday celebrations, or simply gathering with friends. Large windows throughout the kitchen and dining area flood the home with sunlight while showcasing peaceful views of towering trees, colorful landscaping, and complete backyard privacy. Step outside and discover what guests have described as “an oasis in the middle of Federal Way.” The multi-level deck is ideal for summer barbecues, morning coffee, or relaxing in the cool shade provided by mature trees. Enjoy your own mini orchard with three apple trees, blueberry bushes, and an abundant raspberry patch that keeps on giving! Cozy gas fireplaces create warm, inviting spaces year-round, while practical updates—including a new roof (2019) and a newer fence—offer peace of mind. The oversized corner lot provides exceptional parking for RVs, boats, or other toys, and the covered carport makes coming and going easy in any weather. Homes offering this much privacy, outdoor beauty, space, and location rarely become available. Come experience this remarkable property

2019 SW 317th Place, Federal Way

Listing courtesy of Berkshire Hathaway HS NW.

$629,950
3 Beds 2 Baths 2548419 MLS ACTIVE Status
Searching for the perfect blend of space, comfort, and potential in highly sought-after Browns Point / NE Tacoma? Your search stops here. Nestled in the quiet Hofto Heights Addition, this classic 1979 home offers a sprawling 2,328 sq. ft. layout designed for effortless living. Gather around 2 cozy fireplace (gas & wood) and radiant heated floors perfect during PNW winters, or relax in total comfort all summer on the massive deck and patio underneath! Gorgeous Updated Kitchen: beautiful granite counters, custom cabinets, cavernous pantry, very light and bright. Massive bonus room: perfect space for home theater, office, pool table, private gym or all of the above. Room to Roam: generous 8,200 sq. ft. lot, fully fenced, fire pit, huge shed with power and the expansive yard is perfect for summer BBQs and gardening. Enough room in the driveway for an RV too! Ultimate Convenience: Includes an attached garage for covered parking and extra gear storage and a 50 year roof! Unbeatable Location: Enjoy a serene, suburban atmosphere just minutes from Browns Point, North Shore Golf Course, and a quick commute to downtown Tacoma or Federal Way. Plus, it’s an easy 0.2 mile stroll to the highly-rated Northeast Tacoma Elementary! Homes with this much square footage large bonus room and RV parking in 98422 do not last. Hurry and tour this one before it's gone!

4992 31st Street NE, Federal Way

Listing courtesy of Keller Williams Realty.

$699,000
4 Beds 3 Baths 2543553 MLS ACTIVE Status
Beautifully maintained and move-in ready, this wonderful rambler with daylight basement offers the perfect combination of modern updates, flexible living space, and everyday comfort. The open-concept main level is filled with natural light and features three bedrooms, including a spacious primary suite with its own private ¾ bath. The huge fully finished daylight basement expands your living options with a large rec room, versatile flex space ideal for a home office, 2nd kitchen, gym, media room, or play area, an oversized fourth bedroom with a walk-in closet, and a laundry room with an additional ¾ bath. Upgrades include updated electrical throughout, built-in ceiling speakers, new carpet, and appliances. Enjoy outdoor living and entertaining on the newer low-maintenance composite deck with modern metal railing overlooking the backyard. Additional features include double-pane vinyl windows, an epoxy-coated garage floor, and two EV chargers for ultimate convenience. Located in an established Federal Way neighborhood, this home offers exceptional space, quality craftsmanship, and modern amenities with easy access to shopping, dining, parks, schools, and major commuter routes. Don't miss this opportunity to own a thoughtfully updated home that combines style, functionality, and comfort in a highly desirable location. Might just make the perfect MIL or adult family home!

3716 SW 328th Place, Federal Way

Listing courtesy of Think Frink Home Team.

$619,450
4 Beds 3 Baths 2544648 MLS ACTIVE Status
Welcome to this beautifully refreshed Federal Way home, perfectly situated on a spacious lot in the highly desirable Wedgewood West cul-de-sac. Offering four bedrooms, two-and-a-half bathrooms, and a distinctive three-level design, this home blends comfort, character, and versatility with space to grow, gather, and create lasting memories. Abundant natural light pours through large windows, illuminating the thoughtfully designed living spaces and showcasing breathtaking sunset views that provide a stunning backdrop to everyday life. Each level offers its own unique charm while maintaining a seamless flow throughout the home. Step outside to enjoy the private, fully fenced backyard and two expansive decks—ideal for entertaining, summer barbecues, gatherings, or simply unwinding in a peaceful setting. The versatile lower level provides additional living space with endless possibilities, whether you envision a guest retreat, recreation room, home office, fitness area, or creative studio. Conveniently located within the Federal Way School District and just minutes from local beaches, golf courses, state parks, shopping, dining, medical facilities, and everyday amenities, this home offers the perfect balance of tranquility and accessibility.From the welcoming neighborhood and beautiful sunsets to the generous living spaces and opportunity to make it your own, this is more than a house—it's a place to call home. Don't miss your chance to own a truly special property in

4259 SW 338th Street, Federal Way

Listing courtesy of Designed Realty.

$645,000
4 Beds 2 Baths 2539501 MLS ACTIVE Status
Spacious 4-bedroom rambler with bonus room tucked away on a quiet cul-de-sac in Federal Way. Offering approximately 1,700 sq ft of living space on an expansive 11,000 sq ft lot, this home offers room to spread out both inside and out. A finished three-season room creates a welcoming entry and provides additional space to relax, work, or enjoy abundant natural light. Inside, crown molding adds character throughout, while the living room features a wood-burning fireplace and the large family room flows into the kitchen and eating area, creating comfortable spaces for everyday living and gatherings. The kitchen offers tiled countertops, tile backsplash, a double oven, and ample cabinet and workspace. Home features TWO 3/4 bathrooms with tiled showers, providing added functionality for everyday living. Recent improvements include double-pane windows, a high-efficiency furnace, and new fencing. The bonus room offers options for a home office, hobby room, fitness space, or additional living area. Outside, the fully fenced backyard includes a private patio and plenty of room for gardening, recreation, pets, or entertaining. Attached garage adds everyday functionality. Conveniently located near shopping, dining, parks, public transportation, and major commuter routes including I-5 and SR-18. Nearby Sound Transit Link 1 Line service provides regional access through Seattle and north to Lynnwood.

30621 8th Place S, Federal Way

Listing courtesy of eXp Realty.

$699,000
4 Beds 3 Baths 2528700 MLS ACTIVE Status
Welcome to Twin Lakes! Your morning begins on the covered front porch where you can wave to neighbors heading toward the 17th hole across the street. Step inside and the home opens to a living and dining room where large windows invite the natural light into every corner. The kitchen is the center of the home, where white cabinetry and endless countertop space meet the modern convenience of a gas range and stainless appliances. Whether you are prepping for a get-together or a quick snack at the peninsula island, the walk-in pantry ensures everything has its place. This space flows into the family room where a gas brick fireplace creates a warm and inviting place to put your feet up. Large slider in the dining nook leads to a private backyard oasis. Here, mature landscaping creates a natural screen while a gazebo offers the possibility for all-season dining. For those seeking flexibility, the convenient downstairs bedroom, which connects to a half bath, provides a perfect in-home office or a welcoming guest suite. At the end of the day, retreat to the generous primary with ensuite bath and a spacious walk-in closet with built-ins to keep you organized. The showstopper is a private deck where you can enjoy a final view of the sunset over the fairway. 2 additional spacious bedrooms and a full bath complete the space. EV charger for your commute or a quick ride to Dash Point State Park, grocery, dining and light rail. Mortgage savings may be available for buyers of this listing!

3641 SW 318th Street, Federal Way

Listing courtesy of Redfin.

Start Your Search
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.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.