Federal Way Homes with State Bond Terms

Federal Way Homes with State Bond Terms

Federal Way is a vibrant city located in the state of Washington, in King County. Situated in the heart of the Pacific Northwest region, Federal Way offers a perfect blend of natural beauty and urban amenities. With its convenient location between Seattle and Tacoma, residents enjoy easy access to major metropolitan areas while still being able to enjoy the tranquility of suburban living.

One of the notable features of the real estate market in Federal Way is the availability of homes with state bond terms. This means that potential homebuyers can take advantage of favorable financing options and terms provided by the state of Washington. These state bond terms aim to make homeownership more accessible and affordable for individuals and families.

Whether you are a first-time homebuyer or looking to upgrade to a larger property, the availability of homes with state bond terms in Federal Way can make your dream of owning a home a reality. These terms often include low down payment requirements, competitive interest rates, and flexible loan options.

Federal Way boasts a diverse range of housing options, from single-family homes in well-established neighborhoods to modern condominiums and townhouses. With a variety of architectural styles and price ranges, there is something to suit every taste and budget.

If you are considering making Federal Way your home, now is a great time to explore the available real estate options and take advantage of the favorable state bond terms. Contact a local real estate agent to learn more about the homes with state bond terms and find the perfect property that fits your needs and budget.

Newest Federal Way Homes with State Bond Terms

$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.

$685,030
4 Beds ⋅ 3 Baths ⋅ 2562968 MLS ⋅ ACTIVE Status
Welcome into this stunning home in Madrona Meadows community& Central Federal way! Filled with natural light pouring through charming storybook windows, this home offers 4BR and 2.5BT and an inviting open-concept layout with both a formal dining room & a cozy breakfast nook. The kitchen boasts stainless steel appliances, while the family room features a warm, welcoming fireplace .New roof and sunlight 2026.Bathrooms have been beautifully updated with elegant countertops, complemented by fresh interior paint throughout. Outside, enjoy a spacious deck from your own fully fence backyard, new insulation crawlspace, new all outlets & GFCI, new wood floor in entire house perfect for entertaining, relaxing, and gathering with loved ones. Conveniently located near shops, dining, and everyday amenities, this home combines beauty, and comfort lifestyle. Offering an exceptional blend of privacy and serene setting as a home!

35403 12th Avenue SW, Federal Way

Listing courtesy of Kelly Right RE of Seattle LLC.

$660,000
4 Beds ⋅ 2 Baths ⋅ 2557960 MLS ⋅ ACTIVE Status
Ideally located, just minutes from Redondo Beach and the Federal Way Light Rail Station, this beautifully maintained home has the flexibility for multi-generational living or rental income to offset your mortgage.The main level features 3 bedrooms, a full bath, and a bright living room, as well as a dining area, kitchen and a laundry. You’ll also discover lovely hardwood floors and ample storage. Downstairs you will find a walkout basement with a living room, kitchen, 3/4 bath and a spacious bedroom, complete with a walk-in closet. An unfinished office awaits your improvements.Recent improvements include updated electrical and plumbing, all new appliances in both kitchens, new washers and dryers on both levels, two energy efficient fireplace inserts, new mini-splits, both top and bottom, and new laminate flooring downstairs. Step outside to your own backyard oasis, featuring fig, plum, and pear trees, as well as plenty of space for gardening, entertaining or simply unwinding. Upstairs, you’ll find a generous covered patio, with access to the two-car garage.Conveniently located near shopping, dining, schools, and parks, this home is nestled within a friendly neighborhood, where you’ll discover the perfect blend of comfort, convenience, and functionality.

30633 4th Avenue S, Federal Way

Listing courtesy of Skyline Properties, Inc..

$594,000
3 Beds ⋅ 3 Baths ⋅ 2562789 MLS ⋅ ACTIVE Status
Move-in ready, this 3-bedroom, 2.5-bath Twin Lakes home offers a functional layout enhanced by thoughtful improvements, fresh interior paint, and newer carpet. The open kitchen, dining, and living areas with vaulted ceiling, creates an inviting flow for everyday living and entertaining, while the spacious deck extends the living space outdoors for summer barbecues or a quiet evening outside. Quality finishes include granite countertops throughout the kitchen and baths, soft-close cabinetry, and stainless steel appliances. Significant improvements over the years—including energy efficient windows and sliding doors—provide lasting value and peace of mind. Upstairs, the primary suite features an attached bath, while the lower level offers a versatile bonus room, laundry room, powder room, and sliding glass doors leading to the fully fenced backyard. A well-lit two-car garage and desirable corner lot complete the package. Enjoy nearby parks connected by neighborhood trails, convenient transit options, and easy access to shopping, dining, and commuter routes. A home designed for everyday living.

33266 34th Avenue SW, Federal Way

Listing courtesy of Realty One Group Pacifica.

$725,000
3 Beds ⋅ 3 Baths ⋅ 2561157 MLS ⋅ ACTIVE Status
A rare opportunity to own a piece of architectural history in the desirable Marine Hills neighborhood. Originally featured as GE's "Home of the Future" at the 1962 World's Fair, this distinctive 3-bedroom, 2.5-bath rambler blends mid-century design with thoughtful updates for today's lifestyle.Designed to embrace indoor-outdoor living, the home wraps around a spacious new deck, creating a private central gathering space. The open kitchen overlooks the living room, where a large fireplace serves as the focal point. Fresh interior paint and newly resurfaced hardwood floors provide a clean, move-in-ready interior.The primary suite includes a spacious private bath with a jetted soaking tub & stand alone shower. Air conditioning adds year-round comfort, while the detached 3-car garage offers abundant space for vehicles, storage, or hobbies. Situated on a corner lot, the property is conveniently located just minutes from Redondo Beach and Boardwalk, waterfront parks, and the Marine Hills Swim & Tennis Club.Experience a home with a unique place in Pacific Northwest history, updated for modern living and ready for its next chapter.

803 S 301st Place, Federal Way

Listing courtesy of Keller Williams Realty PS.

$529,950
3 Beds ⋅ 2 Baths ⋅ 2561529 MLS ⋅ ACTIVE Status
Welcome to this spacious Twin Lakes home offering flexible living spaces, timeless character & numerous major system updates. Upstairs features 3 bedrooms & a full bath, including a versatile third bedroom with charming built-ins that also makes an ideal home office. Skylights bring in natural light, while hardwood floors add warmth throughout the main living areas. The living room features a wood burning fireplace & newer windows. The kitchen offers quartz countertops, stainless steel appliances, a gas range & garden window that's perfect for growing herbs or displaying your favorite plants. Off the dining room, a sliding glass door leads to the covered patio & outdoor bar, creating a great space for relaxing or entertaining. The fully-fenced backyard offers plenty of room for gardening, outdoor activities or simply enjoying added privacy. Downstairs, you'll find an expansive 2nd living room with a wood stove, an additional bathroom & plumbing in place for a future wet bar or kitchenette, providing excellent potential for a 4th bedroom, multigenerational living, guests or a recreation space. The garage includes workbenches for hobbies & projects, plus an additional storage room. An extra-long driveway offers ample parking. Major improvements include a new septic system installed in 2025, a newer roof, exterior paint, HVAC system & hot water heater offering added peace of mind. Come experience the space, flexibility & charm that make this home the perfect place to call home!

34413 28th Place SW, Federal Way

Listing courtesy of COMPASS.

$649,999
4 Beds ⋅ 3 Baths ⋅ 2554277 MLS ⋅ ACTIVE Status
Tucked into a quiet cul-de-sac in one of Milton's most desirable neighborhoods, with a park-like backyard backing up to greenbelt, this one's got the setting people search for. Federal Way zip, Fife School District, and close enough to everything — highways, shopping, and all your amenities. A covered front porch greets you before you're even through the door. Step inside and you're hit with the great room feel. High ceilings, open sight-lines into the family room, gas fireplace anchoring it all. The traditional dining room leads you into the kitchen, which opens to the family room on one side and an eating nook that feels like a sunroom on the other. Windows overlook the backyard rolling out toward the greenbelt. Powder room and a dedicated laundry room round out the main floor. Upstairs, three bedrooms down the hall share a full bath at the top of the stairs. Then the massive primary bedroom. Bay window pulling in light, 5-piece en-suite, walk-in closet with room to spare. Ample driveway parking. Nearly-new roof, furnace, and tankless water heater — the boring stuff that saves you money, already handled. Come take a look.

37815 21st Court S, Federal Way

Listing courtesy of eXp Realty.

$625,000
4 Beds ⋅ 3 Baths ⋅ 2555648 MLS ⋅ ACTIVE Status
Welcome home to this inviting 4-bedroom, 2.5-bath home offering plenty of space to live, gather, and grow. From the moment you step inside, you'll appreciate the welcoming layout featuring vaulted ceilings in the living room, a charming staircase, and a formal dining room with tray ceilings—perfect for everyday meals or hosting friends. The kitchen offers granite countertops, generous prep space, and an easy flow into the main living areas, making it ideal for both busy mornings and casual evenings at home. Upstairs, the spacious primary suite features a walk-in closet and a private 5-piece bath, while three additional bedrooms provide flexibility for guests, a home office, or hobbies. Step outside to a large deck overlooking the spacious backyard, where you'll find plenty of room for entertaining, gardening, or simply enjoying the outdoors. The attached 2-car garage includes extra storage space, giving you room for tools, outdoor gear, and seasonal items. Conveniently located just minutes from Highway 99 and I-5, with shopping, restaurants, and everyday amenities close by, this home offers both comfort and convenience in a location you'll love. With its spacious layout, desirable features, and great location, this is a home you won't want to miss. Schedule your showing today before it's gone!

37217 17th Avenue S, Federal Way

Listing courtesy of Best Choice Realty LLC.

$949,000
4 Beds ⋅ 4 Baths ⋅ 2535986 MLS ⋅ ACTIVE Status
Beautiful property on a shy acre ready for its new owners! This spacious 4-bedroom, 2.5-bath home offers large open living areas designed for comfortable everyday living and entertaining. The formal dining room provides the perfect setting for gatherings, while the bright sunroom with skylights fills the home with natural light year-round. An additional converted space serves as a bonus room or office, or flex room to fit your needs. Situated on a desirable corner lot, the property features a partially fenced yard and a patio ideal for outdoor entertaining. Car enthusiasts, hobbyists, and those needing extra storage will appreciate the oversized 3-bay garage with abundant storage space and long circular driveway. A wonderful opportunity to own a versatile and inviting home with room for everyone! Home is wired for hottub and has 130 sq ft of unfinished usable sq footage. Home has been appraised at value.

36721 6th Avenue SW, Federal Way

Listing courtesy of RE/MAX Honors.

$736,000
4 Beds ⋅ 3 Baths ⋅ 2538686 MLS ⋅ CONTINGENT Status
Welcome to this beautifully maintained home in the highly desirable Campus Highlands neighborhood, where space, functionality, and timeless comfort come together. Offering over 2,900 square feet of thoughtfully designed living space, this residence features 4 beds, 3 bathrooms, dedicated office, and a spacious bonus room, providing the flexibility today's lifestyle demands. The well-designed floor plan offers multiple spaces to gather, entertain, and unwind. Whether hosting guests, working from home, pursuing hobbies, or simply enjoying everyday life, this home adapts effortlessly to your needs. Generous living areas, abundant natural light, and comfortable gathering spaces create an inviting atmosphere throughout. The spacious kitchen serves as the heart of the home, seamlessly connecting to the surrounding living areas and making entertaining easy. Upstairs, the versatile bonus room offers endless possibilities as a media room, playroom, fitness space, or additional living area. Step outside to the fully fenced backyard, ideal for outdoor dining, recreation, gardening, or simply relaxing in your own private outdoor retreat. Thoughtfully cared for and featuring a durable 50-year roof, this home offers both peace of mind and lasting value. Located in one of the area's most sought-after neighborhoods, with convenient access to schools, parks, shopping, and everyday amenities, this is a rare opportunity to enjoy the space, flexibility, and lifestyle you've been searching for.

34656 10th Pl SW, Federal Way

Listing courtesy of Keller Williams Realty PS.

$500,000
3 Beds ⋅ 1 Baths ⋅ 2534097 MLS ⋅ ACTIVE Status
$2500 Seller Incentive! 3 bedrooms, 1 bath, on a large fully fenced lot in Federal Way — warm, inviting, and genuinely turn-key from the moment you walk in. Fresh paint and refinished hardwood floors set the tone. The updated bathroom, newer roof and windows, plus a furnace and septic both barely three years old mean the big ticket items are already handled. Move in with peace of mind. Outside, enjoy the massive lot. Fruit trees, blueberry bushes, RV parking, and a backyard with room to spread out. Professionally landscaped and fully fenced — private without feeling closed in.

1947 SW 350th Street, Federal Way

Listing courtesy of eXp Realty.

$315,000
2 Beds ⋅ 1 Baths ⋅ 2529641 MLS ⋅ ACTIVE Status
New Price! Premier condo community of "Madera West." Nestled in an established neighborhood, Gated & situated next to a lush greenbelt. This top-floor gem features bright, open-concept living spaces & modern kitchen with eat-in bar. Enjoy a cozy wood burning fireplace & serene nature views from your kitchen, living & dining areas. An updated bathroom provides double sinks, full shower/tub combo, built-in shelving and full sized washer & dryer in closet. Both spacious bedrooms offer large walk-in closets. From covered deck, the backyard setting displays a private & peaceful vibe. Also included is one covered parking, storage on balcony & optional RV/Boat parking. The development boasts incredible amenities including a clubhouse with fitness center, hot tub, outdoor pool, sports court, playgrounds, garden in full bloom & dog park. Investors welcome- No Rental Cap, VA & FHA approved. This well kept complex offers new roofs, siding, windows, decks, railings & more- all while the HOA dues remain low! Lovely pathways with a truly inspiring plethora of seasonal flowers, trees and shrubs throughout the neighborhood. Prime location with easy access to all conveniences.

31500 33rd Place SW Unit #C204, Federal Way

Listing courtesy of CENTURY 21 North Homes Realty.

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