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

4121 S 331st Place, Federal Way
$749,000
3 Beds ⋅ 3 Baths ⋅ 2597503 MLS ⋅ ACTIVE Status
This spacious home offers approximately 2,488 square feet, 3 bedrooms, and 2.5 bathrooms, including an extra-large primary suite with an attached, generously sized 5 piece bathroom. Upstairs, the versatile recreation room provides the ideal space for movie nights, a home office, playroom, or fitness area. Recent improvements include a new roof, remodeled Kitchen, updated flooring, and a new backyard deck designed for outdoor dining and summer gatherings. Picture yourself preparing meals and gathering with loved ones in the beautifully updated kitchen, which flows seamlessly into the adjacent family room complete with a cozy fireplace—perfect for everyday living and entertaining. The fully fenced backyard and level lot offer space to relax, play, garden, and entertain. Home provides attached garage, and convenient access to shopping, dining, parks, I-5, and Highway 18—this move-in-ready home is waiting for you to make it your own. Recent updates also include new roof in 2022, new water heater. Move In Ready!!

4121 S 331st Place, Federal Way

Listing Broker: CENTURY 21 Real Estate Center; Genet Solomon; 206-579-0379; genetsol@gmail.com

1921 SW 331st Place, Federal Way
$619,950
4 Beds ⋅ 3 Baths ⋅ 2588450 MLS ⋅ ACTIVE Status
Motivated seller! Set near the beginning of a cul-de-sac and backing to a peaceful greenbelt, this 4-bedroom, 2.5-bath home offers a bright, spacious layout with room to make it your own. The main level features hardwood floors, a formal dining room, and a kitchen with a center island. All four bedrooms are generously sized, including a primary suite with a five-piece bath. Step onto the entertainment-sized deck to enjoy the private greenbelt setting. An attached two-car garage offers additional room for storage or a workshop. Conveniently located near shopping, parks, schools, shopping, and major commuter routes, and King County Metro Route 181. The home needs some TLC and offers an opportunity to add your personal touches.

1921 SW 331st Place, Federal Way

Listing Broker: Berkshire Hathaway HS NW; Brenda Courtade; 425-652-5252; brenda@ownyourhome.org

4639 SW 328TH Place, Federal Way
$699,999
4 Beds ⋅ 3 Baths ⋅ 2578639 MLS ⋅ ACTIVE Status
MOTIVATED SELLER! Stonebrook — Federal Way's Best-Kept Secret. Tucked into a private corner lot in Stonebrook, right on the edge of Northeast Tacoma — 7 minutes to Browns Point and Dash Point, beach access just minutes away. Federal Way amenities and highway access right around the corner. Best of both worlds. 4 bedrooms, 2.5 baths, 3-car garage with a basement workspace and loft above — space for everyone and everything. Vaulted ceilings flood the main level with light. Traditional dining room with French doors opening to the backyard and built-in outdoor grill — entertaining, sorted. Sun room off the kitchen with a second kitchen flows straight to the deck. Downstairs just works. Upstairs — a spacious primary suite with walk-in closet and attached den/office, sizable guest bedrooms, and an updated main bath at the end of the hall. A floorplan that actually makes sense. Private lot. Beach minutes away. Space to spread out — come see it. Preferred Lender, Kyle Wolcott w/ Guild Mortgage offering a 1% credit to buyers.

4639 SW 328TH Place, Federal Way

Listing Broker: eXp Realty; Greg J Church; 253-334-2186; greg.church@exprealty.com

516 S 325th Street Unit #20H, Federal Way
$255,000
1 Beds ⋅ 1 Baths ⋅ 2576329 MLS ⋅ ACTIVE Status
Elegantly cared for Campus Green retreat awaits you. This ideally located, turkey condition abode features an updated bathroom with new tile and bath fixtures including bidet, new windows and blinds throughout, new tile in the entryway, a brand new dishwasher and microwave in the kitchen, along with a newer range-oven and microwave. You'll also find a newer water heater, newer baseboards, new light fixtures, and ceiling fan. Inviting fireplace in living room will chase away the winter chill. Plus, a new exterior light fixture with outlet provides that ideal combination of convenience and safety. Community attractions include sports courts, outdoor pool, and cabana with clubhouse. Jogging distance to parks, shops, and freeways.

516 S 325th Street Unit #20H, Federal Way

Listing Broker: PNW Towns and Sound; Jimmy Gilletti; 253-948-6477; jimmygilletti@gmail.com

30209 21st Avenue S, Federal Way
$649,000
4 Beds ⋅ 3 Baths ⋅ 2573645 MLS ⋅ ACTIVE Status
Discover the space, flexibility & lifestyle you’ve been searching for near beautiful Steel Lake! Freshly painted & thoughtfully updated, this inviting residence welcomes you with gleaming espresso hardwoods, abundant natural light & an expansive living room opening to a balcony with peaceful views toward Steel Lake. The updated kitchen shines with SS appliances, stylish finishes & excellent functionality, complemented by updated bathrooms, upgraded light fixtures, double-pane insulated windows & an upgraded furnace for year-round comfort and efficiency. Retreat to the spacious primary bedroom featuring a private ensuite bath. Downstairs, a versatile multigenerational configuration offers a large family room & full bath—ideal for extended living, guests, home office, media room or recreation space. Step outside to an impressive multi-tier deck designed for summer BBQs, entertaining & relaxing, surrounded by garden space & established fruit plants for your own backyard harvest. A large garage provides room for vehicles, storage & workshop space, while the generous driveway offers additional parking with room for an RV. Enjoy an easy walk to schools & public transportation, plus quick access to Steel Lake Park, shopping, dining & I-5 for effortless commuting throughout the Puget Sound. Space to gather, room to grow & a location that keeps everyday life connected!

30209 21st Avenue S, Federal Way

Listing Broker: RexMont Real Estate; Adriano Tori; 425-420-5256; adriano@rexmont.com

35002 14th Avenue SW, Federal Way
$585,000
4 Beds ⋅ 2 Baths ⋅ 2570381 MLS ⋅ ACTIVE Status
Welcome home to this spacious 4-bedroom, 1.75-bath home situated on a large corner lot in a well-kept neighborhood. Fresh interior paint and new carpet make this home move-in ready, while vaulted ceilings and abundant natural light create a bright, open feel throughout. The versatile floor plan offers multiple living spaces, including an inviting living room with a cozy brick fireplace and an additional family room with access to the deck. The kitchen features generous cabinet and counter space, a center island with seating, and an adjoining dining area. Four bedrooms provide plenty of flexibility, including a spacious upper-level bedroom or bonus room with vaulted ceilings and skylights. Enjoy outdoor living on the covered front porch or relax on the backyard deck. Conveniently located near the B.P.A. Trail, Weyerhaeuser Aquatic Center, Hanwoori Garden, and a variety of everyday amenities. With fresh updates, flexible living space, and a great corner-lot setting, this home is ready for its next chapter.

35002 14th Avenue SW, Federal Way

Listing Broker: Real Broker LLC; Qiana Didricksen; ; Qiana@RealLuxuryGroup.com

29754 4th Avenue S, Federal Way
$500,000
4 Beds ⋅ 3 Baths ⋅ 2564828 MLS ⋅ ACTIVE Status
This charming 4-bed, 2.5-bath Federal Way home sits on a huge, tree-lined lot with room to really stretch out. Inside, you'll love the light-filled living spaces, primary bedroom with private bath and the extra room downstairs—perfect for a home office, gym, or hangout spot. Enjoy the massive backyard, and take advantage of being just minutes from local schools, shops, and I-5. Come take a look and see how easy living here could be! Priced to sell.

29754 4th Avenue S, Federal Way

Listing Broker: Kelly Right RE of Seattle LLC; Matthew Akinlosotu; 206-359-1385; makinlosotu@kellyright.com

35403 12th Avenue SW, Federal Way
$665,000
4 Beds ⋅ 3 Baths ⋅ 2562968 MLS ⋅ ACTIVE Status
Welcome to this stunning home in the Madrona Meadows community& Central Federal Way! Filled with natural light pouring through charming storybook windows, this home offers 4BR and 2.5BA 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 fenced backyard, new insulation in the crawlspace, new outlets & GFCI, new wood floor in the 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 in a lifestyle. Welcome home!

35403 12th Avenue SW, Federal Way

Listing Broker: Kelly Right RE of Seattle LLC; Darlene Nguyen-Chapman; 206-288-9119; ndarlene3@gmail.com

30633 4th Avenue S, Federal Way
$629,900
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 Broker: Skyline Properties, Inc.; Pauline Jones; 253-222-6098; paulinej@skylineproperties.com

803 S 301st Place, Federal Way
$700,000
3 Beds ⋅ 3 Baths ⋅ 2561157 MLS ⋅ ACTIVE Status
OWNER FINANCING AVAILABLE AT 5.5% INTEREST! A rare opportunity to own a piece of architectural history in the desirable Marine Hills neighborhood, with an attractive financing option! Originally featured as GE's "Home of the Future" at the 1962 World's Fair, this distinctive 3-bedroom, 2.5-bath rambler blends iconic mid-century design with thoughtful modern updates. Designed for 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 make this home move-in ready. The primary suite features a spacious private bath with a jetted soaking tub and standalone shower. Enjoy year-round comfort with air conditioning, plus a detached 3-car garage offering plenty of room for vehicles, storage, or hobbies. Situated on a corner lot just minutes from Redondo Beach and Boardwalk, waterfront parks, and the Marine Hills Swim & Tennis Club. With seller financing available at just 5.5% interest, this is a unique opportunity to own an extraordinary home with an attractive financing option. Ask your broker for details and financing terms!

803 S 301st Place, Federal Way

Listing Broker: Keller Williams Realty PS; Jake Buckholz; 253-350-1946; JBuckholzRE@gmail.com

37815 21st Court S, Federal Way
$634,999
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 Broker: eXp Realty; Greg J Church; 253-334-2186; greg.church@exprealty.com

32416 29th Avenue SW, Federal Way
$574,900
4 Beds ⋅ 2 Baths ⋅ 2527688 MLS ⋅ ACTIVE Status
Spacious Federal Way rambler in the desirable Twin Lakes area offering approximately 2,140 sq ft of comfortable single-level living. This well-designed home features 4 bedrooms, including a large primary suite, plus two main living areas that provide excellent flexibility for everyday living, entertaining, working from home, hobbies, or multi-use space. The open and functional layout offers great separation between gathering areas and private bedroom spaces, creating a comfortable flow throughout the home. The generous living spaces provide room to relax and gather, while the large lot offers outdoor potential for gardening, play, pets, summer barbecues, or future personalization. An attached garage adds everyday convenience, and the location offers easy access to area parks, shopping, dining, schools, commuter routes, and Twin Lakes amenities. A great opportunity to enjoy space, flexibility, and single-level living in an established Federal Way neighborhood.

32416 29th Avenue SW, Federal Way

Listing Broker: BHGRE - Northwest Home Team; Brett Bonner; 253-606-0578; brettbonner@brettbonner.com

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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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