Federal Way Homes with Conventional Terms

Federal Way Homes with Conventional Terms

Federal Way is a vibrant city located in King County, Washington, United States. Situated in the beautiful state of Washington, Federal Way offers residents a perfect blend of natural beauty, suburban comfort, and urban convenience.

Nestled between Seattle and Tacoma, Federal Way is known for its stunning views of the Puget Sound and the majestic Olympic Mountains. With its mild climate and abundance of outdoor recreational opportunities, this city is a haven for nature lovers and adventure enthusiasts. From hiking and biking trails to boating and fishing, there is no shortage of activities to keep residents active and engaged.

When it comes to housing options, Federal Way offers a range of homes with conventional terms. Whether you're looking for a cozy single-family home, a spacious townhouse, or a luxurious condominium, you'll find a variety of options to suit your needs and preferences. The city boasts well-planned neighborhoods with tree-lined streets, manicured lawns, and friendly neighbors.

With its convenient location and excellent transportation infrastructure, Federal Way provides easy access to major employment centers, educational institutions, shopping centers, and entertainment venues. The city is also home to a number of excellent schools, making it an ideal place for families with children.

If you're looking for a city that offers a high quality of life, a strong sense of community, and a wide range of housing options, Federal Way is the perfect place to call home. With its beautiful surroundings, welcoming atmosphere, and convenient amenities, this city truly has something for everyone.

Newest Federal Way Homes with Conventional Terms

$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.

$585,000
3 Beds ⋅ 3 Baths ⋅ 2565446 MLS ⋅ ACTIVE Status
Welcome to Single-Level Twin Lakes living! Perfectly positioned along the 13th hole of Twin Lakes Golf & Country Club, this beautifully maintained rambler offers a unique floor plan, spectacular golf course views, and an exceptional setting with minimal golf ball exposure. Spacious living room features a gas-start, wood-burning fireplace, vaulted ceilings with skylights, and expansive windows that showcase the fairway. Hardwood floors and all-new flooring installed in 2022 create a warm, updated interior, while central air conditioning, gas heat, and a gas water heater provide year-round comfort and efficiency. This quiet neighborhood features drive-through security, abundant street parking, and a highly desirable location within the Twin Lakes community. This is your rare opportunity to enjoy golf course living!

31550 39th Avenue SW, Federal Way

Listing courtesy of John L. Scott, Inc.

$1,250,000
4 Beds ⋅ 4 Baths ⋅ 2562814 MLS ⋅ ACTIVE Status
Coastal Panoramic Views paired with white capped Olympic Mountains frame the serene setting glistening from this beautiful home in the storybook Adelaide neighborhood. Set back on a shy half acre lot, this idyllic property also features private beach access for you to enjoy just minutes away. Step inside to vaulted ceilings and picture windows spanning throughout, a spacious chef’s kitchen with oversized island, dining room, and access to the sprawling deck where you can endlessly enjoy the fresh marine breeze and glittering ocean waves. Upstairs, enter the primary you won’t ever want to leave. Newly renovated with hardwood floors, brand new en suite with heated tile, walk in closet, and steps away from your office/bonus space with high speed coax ran in. On the lower level, enjoy the extra living space with gas fireplace, 2 bedrooms, full guest bath, and access to the 3 car garage featuring an extra 3/4 bath to clean up after playing at the beach! With multiple green grassy yards & plumbed irrigation system in the front and back, a shed wired with power, 30 year roof installed in 2021, and a new furnace and heat pump installed in 2023, this dream home has been pre-inspected and is ready for it’s new owners to enjoy this summer!

921 SW 296th Street, Federal Way

Listing courtesy of John L. Scott R.E.Tacoma North.

$4,950,000
2564976 MLS ⋅ ACTIVE Status
We are pleased to present Redondo Ridge Townhomes, an 18-unit townhome community in Federal Way. Built in 1976, the property offers spacious 2-bedroom, 1.5-bath townhomes averaging 1,010 SF with fireplaces, vaulted ceilings, private patios, and full-size side-by-side washers and dryers. Offered at $4,950,000 ($275,000/unit, $272/SF), the asset delivers a 6.04% in-place cap rate with meaningful upside: current rents average $2,101, roughly 12% below the $2,400 achieved by comparable townhomes, and four unrenovated units offer approximately $500/month of additional income. Capital improvements include a new metal roof (2017), electrical panel upgrades (2018), fresh exterior paint (2026), and 14 of 18 units extensively remodeled with new cabinets, quartz counters, flooring, paint, doors, millwork, and appliances. Located 1.6 miles from the Federal Way Link Light Rail Station with convenient access to employment, shopping, and dining.

30323 15th Court S, Federal Way

Listing courtesy of Northmarq Multifamily, LLC.

$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.

$595,000
4 Beds ⋅ 3 Baths ⋅ 2533646 MLS ⋅ ACTIVE Status
Welcome to this charming 4-bedroom, 2.5 bathroom tri-level home offering 1,970 sq ft of comfort in the heart of Federal Way! This home features a thoughtful layout with warm and inviting spaces, spacious and open living and dining areas that naturally flow to your private deck and fully-fenced backyard. The chef's kitchen makes it easy to entertain with plenty of cabinet space and a designated pantry. The spacious primary bedroom boasts an en suite bathroom and walk-in closet. Two additional guest bedrooms and large bonus room (or potential 4th bedroom) and dedicated laundry room downstairs. Large two-car garage, boat/RV parking and large a driveway to accommodate all of your guests. Fresh interior paint, professionally cleaned carpets, updated and repainted back deck. Pre-inspected for peace of mind. Excellent location near The Commons, Light Rail, I-5, SR 99, parks, shops, restaurants and schools!

31721 4th Avenue S, Federal Way

Listing courtesy of KW Lake Washington So.

$275,000
2 Beds ⋅ 1 Baths ⋅ 2563971 MLS ⋅ ACTIVE Status
Beautiful top floor unit with vaulted ceilings and a great floor plan. You'll love the two good sized bedrooms and a nicely updated bath. The kitchen and breakfast bar flows nicely into the dining room, the living room and private deck surrounded by a lovely view of the trees and nature. There's plenty of storage inside and out. Home features brand new carpet, newer appliances and an in unit washer/dryer and a newer portable air conditioning left for your comfort. Designated covered carport parking and generous guest parking. Commuter's dream - close to Seatac airport, downtown Seattle and Tacoma. Gorgeous and turnkey, this is a must see!

1804 S 285th Place Unit #D, Federal Way

Listing courtesy of Every Door Real Estate.

$649,000
4 Beds ⋅ 3 Baths ⋅ 2550218 MLS ⋅ ACTIVE Status
Welcome to this immaculate home nestled in the sought-after Regency Wood community, perfectly positioned across from the neighborhood park. Boasting outstanding curb appeal, this bright and inviting residence is ready for its next owners. Upstairs you'll find four bedrooms, including a primary retreat with a private ensuite, plus a full hall bath. The thoughtfully designed main floor offers beautiful sightlines and a comfortable flow ideal for both entertaining and everyday living. The large kitchen with eating space features stainless steel appliances and opens to a warm and welcoming family room with a gas fireplace, while the formal dining and living rooms provide elegant spaces for gathering and relaxation. Escape to your own private backyard oasis complete with tranquil gardens, a spacious deck, and a covered hot tub perfect for year-round enjoyment. A powder room and laundry room add everyday convenience to the main floor. Extensive updates include the roof, siding, garage doors, deck, furnace, and hot water tank. Seller pre-inspection has already been completed for added peace of mind.

37230 20th Avenue S, Federal Way

Listing courtesy of Windermere RE North, Inc..

$349,000
2561856 MLS ⋅ ACTIVE Status
Waterfront property on the shores of Puget Sound- this exquisite waterfront property captures the essence of Pacific Northwest living. One of the last undeveloped waterfront parcels on the beach presents Seventy-eight waterfront feet of your own private resort where otters, whales and sailboats play in the salty breeze. Paddle into town or stay in and watch the ever-changing sunsets and sparkling lights across the water from the veranda of your own custom home. Watch the tides come and go as the sun sets over the Olympics. Views, and endless potential for redevelopment. Bring your dreams and your architect and build a waterfront home to suit your style, an easy commute to the abundant opportunities of greater Puget Sound.

SW 296th Street, Federal Way

Listing courtesy of COMPASS.

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.