Federal Way Homes with FHA Terms

Federal Way Homes with FHA Terms

Federal Way, located in King County, Washington, is a vibrant city with a rich history and a promising future. Situated in the heart of the Pacific Northwest, Federal Way offers its residents a perfect blend of urban amenities and natural beauty.

As part of the greater Seattle metropolitan area, Federal Way benefits from its proximity to major employment centers, cultural attractions, and recreational opportunities. The city is known for its diverse community, welcoming people from all walks of life. With a population of over 96,000, Federal Way is a bustling and thriving city that continues to attract new residents and businesses.

When it comes to real estate, Federal Way offers a wide variety of housing options to suit different needs and budgets. One popular option for homebuyers is homes with FHA terms. FHA, which stands for Federal Housing Administration, provides mortgage insurance on loans made by FHA-approved lenders. This means that homebuyers in Federal Way can take advantage of more flexible lending requirements and lower down payment options.

Whether you're looking for a single-family home in a quiet neighborhood or a modern condominium in a bustling downtown area, Federal Way has something for everyone. With its affordable housing options and excellent amenities, Federal Way is an attractive place to call home.

If you're considering buying a home in Federal Way, be sure to explore the various neighborhoods, consult with a local real estate agent, and take advantage of the FHA terms available to make your dream of homeownership a reality.

Newest Federal Way Homes with FHA Terms

$899,000
6 Beds ⋅ 4 Baths ⋅ 2563977 MLS ⋅ ACTIVE Status
Room to spread out, space to make your own. This Dash Point home offers a main-floor layout with two primary suites, each with its own full bath, ideal for multigenerational living, guests, or simply the luxury of choice. Three additional bedrooms and an updated hall bath round out the main level, alongside a full kitchen remodel in 2020 with quartz countertops, a generous island built for gathering, and storage for days. LVT flooring flows throughout, and a wood-burning fireplace anchors the main living space. Downstairs, the walkout lower level opens up even more possibility - a flexible office, an oversized bonus room, a full bedroom, and a brand-new 3/4 bath, plus a laundry room sized for real life, with extra storage to match. Featuring a private entrance, this level is ready to become a MIL suite, or take on a second kitchen for true dual living. Outside, the huge backyard has mature trees and shrubs, and rock wall terraces, ready for your vision, while the side yard offers dedicated RV parking, all set on a 15,000 SF + lot. Recent updates include a new roof (2020), tankless water heater, and a heat pump with two mini splits for efficient, zoned comfort year-round. A home built for flexibility, in a setting that gives you privacy and room to grow.

29219 13th Place S, Federal Way

Listing courtesy of Windermere Real Estate/East.

$579,000
4 Beds ⋅ 2 Baths ⋅ 2565538 MLS ⋅ ACTIVE Status
Welcome to this beautifully refreshed 4-bedroom, 2-bath home nestled in a beautiful neighborhood. Fresh interior paint along with new landscaping, provide outstanding curb appeal and make this home truly move-in ready. Inside, you'll appreciate the spacious and functional floor plan featuring both a comfortable living room and a separate family room, offering plenty of space for entertaining, relaxing, or accommodating a variety of lifestyles. A cozy fireplace serves as the centerpiece of the living room, creating the perfect gathering place on cool evenings. The four bedrooms including a primary suite provide flexibility for family, guests, or a home office, while the two full bathrooms offer convenience for everyday living. Outside, the refreshed landscaping enhances the home's inviting atmosphere and provides an attractive setting to enjoy year-round. Located in a quiet neighborhood known for its mature surroundings and welcoming feel, this home offers the perfect combination of timeless charm and everyday comfort. Don't miss your opportunity to own this beautifully refreshed home!

32558 7th Place S, Federal Way

Listing courtesy of Rainmakers RE Services LLC.

$619,950
3 Beds ⋅ 2 Baths ⋅ 2552935 MLS ⋅ ACTIVE Status
Beautifully remodeled split-level offering stylish updates and exceptional flexibility. The reimagined kitchen features quartz countertops, designer tile backsplash, a new appliance suite, and a pass-through that opens to the living room, creating an open, inviting space ideal for everyday living and entertaining. Luxury vinyl plank flooring spans the upper level, while the refinished hardwood staircase with its modern railing and banister makes an impressive first impression. Updated bathrooms, fresh interior paint, designer lighting, contemporary finishes, extensively updated plumbing, and a new sewer line add peace of mind to this move-in-ready home. Enjoy two fireplaces, including one in the inviting living room and another in the spacious lower-level bonus room. The lower level offers excellent flexibility with a kitchenette, powder room, separate exterior entrance, and potential for future ADU conversion (buyer to verify). Step outside to the expansive covered deck overlooking the level, fully fenced backyard—a peaceful setting with plenty of space for outdoor dining, entertaining, gardening, or play. The walk-out patio below provides even more room to relax and enjoy the outdoors. Complete with an attached two-car garage and conveniently located near shopping, dining, parks, schools, and major commuter routes.

28407 22nd Avenue S, Federal Way

Listing courtesy of Keller Williams Rlty Bellevue.

$599,000
3 Beds ⋅ 3 Baths ⋅ 2564871 MLS ⋅ ACTIVE Status
If you are looking for a home that you can walk into and unpack, well here's your chance to scoop up this beautifully refreshed home! With thoughtful updates throughout, you will find this home to shine above the rest! This home's updated items features new carpet, fresh interior paint, lighting, and beautifully remodeled bathrooms showcase the care and attention to detail poured into this home. The kitchen opens seamlessly to the spacious great room and an additional dining area surrounded by floor-to-ceiling windows, filling the space with natural light. Cozy up in the inviting 2nd living room featuring a gas fireplace, while the separate living and dining area offers a classic wood-burning fireplace for added charm and warmth. Enjoy year-round comfort with a newer furnace and heat pump, appliances & garage door. Extra bonus - freshly painted exterior in 2024 for added peace of mind. Outside, in this tranquil yard, you’ll find mature landscaping, a large private backyard, fully fenced and an expansive patio space perfect for relaxing or entertaining. Complete with a 2-car garage and conveniently located near medical facilities/hospitals, shopping, schools, light rail, freeways and public transportation, this move-in ready home is waiting for its new owner.

822 SW 314th Place, Federal Way

Listing courtesy of Lynch Home Team.

$799,999
3 Beds ⋅ 3 Baths ⋅ 2565993 MLS ⋅ ACTIVE Status
True entertainer’s dream! Fully updated inside and out in 2024, this stunning home blends modern design with exceptional functionality. Striking curb appeal with designer siding, custom lighting, mature landscaping, and fruit trees. No HOA, plus ample space for RV, boat, and toy parking. Fully fenced backyard offers a private retreat featuring an expansive entertainment deck, firepit, and playset. Main level showcases soaring ceilings with custom LED lighting, a statement wood fireplace, and an open-concept living, dining, and chef’s kitchen. The kitchen is a showpiece with custom two-tone cabinetry, waterfall quartz island, designer lighting, custom shelving, high-end stainless-steel appliances, and backsplash. Built-in speaker system and mini-split A/C provide comfort and convenience. Guest bath features heated floors, custom tile, and premium finishes. Additional bedrooms plus a luxurious primary suite with accent wall, custom lighting, walk-in closet, and spa-inspired bath with heated floors, floating vanity, and custom shower. Lower level offers incredible flexibility with bonus bedroom, office space, family room, kitchenette with refrigerator, custom sauna, and 3/4 bath. Prime location near Costco, shopping, and easy access to I-5 and Hwy 18. Must see!

35730 26th Avenue S, Federal Way

Listing courtesy of eXp Realty.

$298,950
2 Beds ⋅ 2 Baths ⋅ 2545734 MLS ⋅ ACTIVE Status
Top-floor living at Tall Firs Condominiums! Resort-style amenities meet everyday convenience in this beautifully refreshed, move-in-ready 2-bedroom, 1.75-bath home. Fresh interior paint, updated lighting, vinyl plank flooring, and stainless steel appliances create a bright, modern living space. Relax in the inviting living room with a cozy wood-burning fireplace or step onto your private patio to enjoy your morning coffee or unwind after a busy day. The spacious primary suite features a walk-in closet and private ¾ bath, while the second full bath includes a tub. An in-unit washer and dryer are included. Assigned covered carport parking included. HOA dues cover water, sewer, and garbage for added value. Tall Firs is a well-maintained, pet-friendly community with an outdoor pool, tennis and athletic courts, sauna, playground, and beautifully landscaped grounds. Conveniently located near the Federal Way Link Light Rail Station, I-5, SR-99, shopping, dining, grocery stores, parks, and public transportation. FHA and VA approved, offering financing flexibility for qualified buyers. Whether you're a first-time buyer, downsizing, or investing, this affordable top-floor condo offers the perfect blend of comfort, convenience, community, and value. Schedule your private tour today!

1934 SW 318th Place Unit #10-C, Federal Way

Listing courtesy of COMPASS.

$599,750
3 Beds ⋅ 2 Baths ⋅ 2564360 MLS ⋅ ACTIVE Status
Charming updated rambler in Dash point - Federal Way, situated on a corner lot! 2-car garage PLUS a 770 sf SHOP — ideal for hobbies, workshop or collecting/crafting!. Chef's European-style kitchen w/ Shaker cabinetry, LED lighting & stainless appliances. Engineered hardwood throughout, framed by oversized windows & designer lighting. Bathrooms boast high-end tile, accent walls & stylish vanities/fixtures. 3 beds incl. spacious primary w/ Jack-and-Jill bath; 2nd half bath (washer/dryer incl.) offers room to expand into a full/3-4 bath. OVERSIZED bonus room opens to the backyard — entertain in style or convert to a 4th bedroom. Finished garage w/ epoxy floors connects to the shop. Fenced yard w/ mature walnut trees, perfect for BBQs & gatherings. Freshly painted in & out! Minutes to local schools, Steel Lake Park's beach, local beaches, Sacajawea & Wildwood Parks, & Federal Way restaurants and cafes!

853 S 306th Street, Federal Way

Listing courtesy of Pellego, Inc..

$529,000
3 Beds ⋅ 2 Baths ⋅ 2560643 MLS ⋅ ACTIVE Status
Welcome home to this charming rambler nestled on an expansive lot in the desirable Mirror Lake neighborhood of Federal Way. This well-maintained home features a bright and inviting layout with comfortable living spaces, abundant natural light, and seamless indoor-outdoor flow. Beautiful hardwoods, natural gas fireplace and thoughtful kitchen layout make day to day life a breeze. A large bonus room above the garage which has endless possibilities, easily used as a fourth bedroom, guest quarters, home office or rec room. A spacious garage and driveway provide ample parking and storage, making it easy to accommodate multiple vehicles, guests, or recreational equipment. Step outside to a generously sized backyard with endless possibilities—garden, entertain, expand, or simply enjoy the privacy and open space. The oversized lot offers plenty of room for outdoor recreation, future enhancements, or potential ADU opportunities (buyer to verify). Conveniently located near Mirror Lake, parks, shopping, dining, schools, and major commuter routes, this property combines peaceful neighborhood living with everyday convenience. Whether you're a first-time buyer, downsizing, or looking for a home with room to grow, this Mirror Lake gem offers exceptional value and opportunity.

31226 6th Avenue S, Federal Way

Listing courtesy of Windermere RE West Campus Inc.

$699,000
4 Beds ⋅ 3 Baths ⋅ 2564404 MLS ⋅ ACTIVE Status
Welcome to Heatherwood Lane! This well-maintained home offers 4 bedrooms and 2.5 bathrooms in a convenient Federal Way location, approximately 3 miles from I-5. The functional open-concept layout connects the kitchen, dining area, and living room, creating seamless everyday living and entertaining space. The kitchen features an island, abundant cabinet storage, and a walk-in pantry. A main-floor office provides dedicated work-from-home or flex space. The living room features a gas fireplace, while a second gas fireplace adds warmth to the spacious primary suite with a 5-piece en suite bath and oversized walk-in closet. Three additional bedrooms, a full bathroom, and a generously sized laundry room complete the second floor. A heat pump with air conditioning provides efficient year-round comfort. Enjoy the fully fenced backyard with space for pets, play, gardening, or outdoor entertaining. The attached 2-car garage offers additional storage. Located just minutes from shopping, dining, parks, commuter routes, and the Federal Way Downtown Light Rail Station. Thoughtful updates, flexible living spaces, efficient heating and cooling, and a practical floor plan make this home a standout opportunity in Federal Way.

32133 37th Place S, Federal Way

Listing courtesy of Windermere RE/Lake Tapps, Inc.

$949,999
3 Beds ⋅ 3 Baths ⋅ 2565437 MLS ⋅ ACTIVE Status
UNMATCHED WATERFRONT LIVING ON STEEL LAKE—PANORAMIC VIEWS AND STUNNING WEST-FACING SUNSETS DEFINE THIS RARE OFFERING. With 45 feet of no-bank waterfront, this exceptional 3-bedroom, 3-bath home delivers front-row access to shimmering lake vistas, best enjoyed from expansive entertainer’s decks designed for seamless indoor-outdoor living. Vaulted ceilings and three fireplaces create a warm yet dramatic atmosphere throughout.Wake up to tranquil water views and a vibrant natural setting, where osprey, bald eagles, chickadees, turtles, and ducks are part of everyday life. Spend your days immersed in lake living—swimming, fishing, kayaking, paddleboarding, and evening boat rides under glowing sunsets, plus unforgettable 4th of July fireworks and festive Christmas boat parades. The beautifully landscaped grounds create a true gardener’s paradise, offering both serenity and space to entertain. Thoughtful updates include a newer roof (2022) and A/C for year-round comfort. A versatile layout adds incredible value, with a lower level featuring its own entrance, living room, washer/dryer, kitchenette, and full bath—ideal for Airbnb or multi-generational living while you enjoy the main home above. Complete with a circular driveway and a prime location just minutes to light rail, freeways, and everyday amenities, this is a rare opportunity to own a premier waterfront retreat. Must see—where every day feels like a private lakeside getaway. Don't miss out to call it your forever HOME!

30415 28th Avenue S, Federal Way

Listing courtesy of eXp Realty.

$750,000
4 Beds ⋅ 3 Baths ⋅ 2560934 MLS ⋅ ACTIVE Status
Puget Sound views. Iconic Mid-Century Modern architecture. Rambler-style living. This exceptional 3,250+ sq ft Twin Lakes home delivers the perfect blend of timeless design, flexible living, and an unbeatable lifestyle. From the moment you enter, natural light pours through the home, creating an immediate sense of warmth and belonging. Designed to live like a rambler, the thoughtful 1.5-story floor plan offers the ease of main-floor living with exceptional flexibility, featuring a dramatic floor-to-ceiling rock fireplace, oversized living spaces, abundant storage, and an open kitchen with granite counters, walk-in pantry, and wet bar with wine and coffee station. Designed for flexibility, the home offers a main-floor primary suite with private view patio access plus a private upper-level second primary suite ideal for guests, multi-generational living, or a home office. Enjoy beautifully landscaped grounds, a newer patio, turf side yard, rebuilt fencing, central A/C, and newer electrical panel. Located in sought-after Twin Lakes with low HOA dues, dedicated security patrols, access to three lakes, parks, scenic trails, and optional Twin Lakes Golf & Country Club membership. Minutes to Dash Point Beach, light rail, shopping, dining, and commuter routes.

4013 SW 314th, Federal Way

Listing courtesy of Keller Williams Realty PS.

$775,000
4 Beds ⋅ 3 Baths ⋅ 2565400 MLS ⋅ ACTIVE Status
Completely reimagined & thoughtfully updated, this stunning mid-century home in the sought-after Twin Lakes community blends timeless architecture with modern design. Every detail has been refreshed, including a brand-new kitchen featuring shaker cabinetry, quartz countertops, new stainless steel appliances, updated lighting, new tile flooring, & oversized island perfect for gathering. Refinished hardwood floors flow through the formal living & dining rooms, while the inviting second living room with updated wet bar creates the ideal space for relaxing or entertaining. Access to rear deck perfect for indoor/outdoor dining. The flexible floor plan offers a main-floor primary suite with a updated ensuite, guest room, updated guest bath, & convenient laundry room. Upstairs you'll find two spacious guest rooms with WIC’s, updated guest bathroom, loft area, & attic storage, providing room for everyone. Large windows fill the home with natural light while showcasing the lush, mature landscaping that surrounds the property. Enjoy peaceful mornings on the front patio or rear deck overlooking the fully fenced yard. Home is tucked away on a cul-de-sac with ample parking & spacious garage. Fresh interior and exterior paint make this home truly move-in ready. Close proximity to nearby parks, walking trails, golf, shopping, dining, schools, and major commuter routes. A rare opportunity to own a turnkey home in one of Federal Way's most established neighborhoods.

3010 SW 325th Place, Federal Way

Listing courtesy of Best Choice Realty LLC.

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