Lake Forest Park Homes with FHA Terms

Lake Forest Park Homes with FHA Terms

Lake Forest Park is a charming city located in King County, Washington, United States. Situated in the beautiful Pacific Northwest, this city offers a perfect blend of natural beauty and urban convenience. With its close proximity to Seattle, Lake Forest Park provides residents with easy access to all the amenities and attractions of a major city while still maintaining a peaceful and serene atmosphere.

The real estate market in Lake Forest Park is thriving, and one attractive option for homebuyers is the availability of homes with FHA terms. FHA, which stands for Federal Housing Administration, is a government-backed loan program that allows buyers to secure a mortgage with a lower down payment and more lenient credit requirements.

By opting for homes with FHA terms, buyers can enjoy the benefits of homeownership with a smaller upfront investment. This can be particularly advantageous for first-time buyers or those with limited funds for a down payment. Lake Forest Park offers a range of properties that are eligible for FHA financing, making it an ideal choice for individuals looking to enter the real estate market.

Whether you're seeking a cozy single-family home nestled among the trees or a modern townhouse with easy access to amenities, Lake Forest Park has a variety of options to suit different budgets and preferences. With its picturesque surroundings, excellent schools, and a strong sense of community, Lake Forest Park is a desirable place to call home.

Newest Lake Forest Park Homes with FHA Terms

$549,800
2 Beds 2 Baths 2570558 MLS ACTIVE Status
Sparkling unobstructed views of Lake Washington and the Cascades are yours in this freshly updated top floor end unit at Lake Washington Heights. The contemporary great room floor plan offers wonderful views from the kitchen, living, and dining rooms, and opens out to the private covered view deck, providing perfect functionality and versatility. Wonderful natural light in this southeast facing unit. New wide-plank flooring, paint, stainless steel appliances, lighting and plumbing fixtures, and more make the unit move-in-ready. Owner's suite with full bathroom and closet, plus a nice-sized 2nd bedroom and guest bath. Large private storage room in hallway outside unit, plus 2nd storage unit on garage level. 2 side-by-side parking spaces in secure garage, with electric car charging connection available. Attractive secure lobby entrance, plentiful guest parking, and an outdoor patio and pet area are among the amenities of the building. Enough to enjoy, while maintaining reasonable monthly HOA dues. Plus, new updates to the building exterior, as well as upcoming elevator and alarm system improvements, have already been paid by the seller. Only 2 blocks to the ever-popular Burke-Gilman Trail beside the lake. A great location for commuting to both Seattle and UW, as well as Google, Microsoft, and the Eastside, while enjoying the relaxed suburban lifestyle at the north end of the lake!

15020 Bothell Way NE Unit #605, Lake Forest Park

Listing courtesy of Windermere Real Estate/East.

$849,000
2 Beds 2 Baths 2549355 MLS ACTIVE Status
Compelling new price! Updated Lake Forest Park mid-century retreat with deeded Lake Washington beach and boat launch access, offering a rare blend of privacy, style, and connection to nature. Designed for easy main-floor living, this beautifully updated home features light-filled interiors, vaulted tongue-and-groove ceilings, skylights, clean architectural lines, and expansive picture windows framing lush greenery. Gleaming fir floors run throughout the main level, while the open-concept kitchen offers quartz surfaces, stainless appliances, and custom cabinetry for effortless daily living and entertaining. The main-floor primary enjoys courtyard access, and the finished daylight lower level adds a second bedroom, 3/4 bath, and generous flex space for guests, media, or a dedicated work-from-home retreat. A newly built heated 120 sq. ft. detached studio offers exceptional bonus space for a private office, fitness room, or creative escape. Outside, enjoy a low-maintenance composite deck, fully fenced grounds, mature fruit trees, garden space, and territorial sunrise and sunset views. EV charger, newer gas furnace, and 23K BTU 220V A/C add comfort and efficiency. Near shops, light rail, transit, Burke-Gilman Trail, and commuter routes to Seattle and Bellevue. Eligible buyers may receive up to a 1% lender credit. Seller pre-inspection available upon request.

18002 25th Avenue NE, Lake Forest Park

Listing courtesy of Windermere Northlake.

$985,000
2543169 MLS ACTIVE Status
This 18,540 sf Lk Forest Park property presents a rare opportunity to acquire a generous parcel of land w/future development potential. The expansive lot is the true centerpiece of this offering, providing ample space for a variety of dev. possibilities, expansion plans, or long-term investment strategies, subject to buyer verification of zoning & municipal requirements. The size/layout of property offer flexibility that's becoming increasingly difficult to find, making it especially appealing to developers & investors. Whether your vision includes adding multiple DADUs, subdivision opportunities, custom constr. or a strategic land hold, the property's value is firmly rooted in its development potential. Adding to the appeal is the existing 4 bed/2.5 bath home, which provides an immediate source of rental income while development plans are explored. Rather than being the primary focus, the residence serves as a valuable holding asset that can generate cash flow & help offset ownership costs during the planning and entitlement process. This creates an attractive combo of current income & future upside. For buyers who recognize the increasing scarcity of developable parcels, this property offers the opportunity to secure land today while maintaining income-producing use of the existing home. The combination of location, usable land & redevelopment potential makes this a compelling investment for property's long-term value. (Back section of lot is fenced separately & unused)

3610 NE 197th Street, Lake Forest Park

Listing courtesy of Pacific Properties.

$985,000
4 Beds 3 Baths 2540121 MLS ACTIVE Status
Privacy & a park-like setting surround this quality-built mid-century modern split-level home in coveted Lake Forest Park, tucked away on quiet cul-de-sac. Situated on a buildable shy half-acre lot, this 4-bed/2.75-bath home offers 1,990 sq ft of living space w/potential for multi-generational living & room for future DADU opportunities. Beautiful oak hardwood floors span main level. Spacious formal LR features stunning floor-to-ceiling brick fpl w/raised hearth & lrg 3-pane view windows. Kitchen includes SS appliances, pantry, garden window, warming lights w/hood & racks above stove & casual eating area w/access to expansive covered patio. Formal dining room also opens to expansive patio & backyard - perfect for indoor/outdoor entertaining. Primary suite features ensuite bath w/lrg walk-in shower. Two additional bedrooms & full guest bath complete this level. Lower level offers spacious family room w/dining area & second floor-to-ceiling brick fpl, office, spacious bedroom & generous full bath w/laundry area. Ideal MIL potential. Beautifully landscaped backyard includes 2 outbuildings, entertaining spaces & wired for hot tub. The fenced land beyond yard's back gate is also part of the 18,540sf lot-so many possibilities! Ample parking & RV/boat parking. No HOA. Deeded membership to Lake Forest Park Civic Club including beach & boat access. Conveniently located near schools, shopping, dining & freeway access. Updates in 2021 include exterior paint, kitchen appliances & gutters

3610 NE 197th Street, Lake Forest Park

Listing courtesy of Pacific Properties.

$1,099,888
3 Beds 4 Baths 2483318 MLS ACTIVE Status
SELLER PAID-- 1.25% PERMANENT RATE BUY-DOWN OR 3-2-1 TEMPORARY RATE BUY-DOWN - BUYER'S CHOICE*(please inquire with any additional questions and see brokers remarks). Beautiful and modern, this single-family home stands out for its expansive open concept design & unbeatable NE Seattle location. The main living level is bright, airy & designed for connection—where generous living & dining spaces flow seamlessly into a contemporary kitchen featuring stainless steel appliances, quartz countertops, & large island. High ceilings, abundant natural light, & beautiful wide plank floors elevate the space. The east facing deck extends the living area to the outdoors. Upstairs the serene primary ensuite boasts a spa-inspired bathroom w/2 walk-in closets, an additional bedroom ensuite, & large laundry room. The flexible lower level adds even more versatility w/ private 3rd bedroom ensuite w/slider to patio—ideal for guests, home office, or multi-generational living. A large 2 car garage completes the package. Enjoy unlimited hot water w/the tankless hot water system & central forced air provide modern comfort and convenience throughout. Set in a prime location near the Burke-Gilman Trail, Lake Washington, light rail, and quick access to I-5, this home delivers outstanding connectivity for both commuting and recreation. Located in a pet friendly community, it’s an exceptional opportunity for homeowners and/or investors seeking stylish, open concept living in sought after Lake Forest Park.

14610 36th Avenue NE, Lake Forest Park

Listing courtesy of COMPASS.

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