Falling Water Homes with FHA Terms

Falling Water Homes with FHA Terms

Welcome to Falling Water, a charming neighborhood located in Bonney Lake, Pierce County, Washington. Situated in the beautiful state of Washington, Falling Water offers a serene and picturesque setting for residents to call home.

Bonney Lake is a thriving city that provides a perfect balance between small-town charm and modern amenities. With its close proximity to major cities like Seattle and Tacoma, residents of Falling Water enjoy easy access to a wide range of employment opportunities, entertainment options, and cultural experiences.

One of the standout features of Falling Water is its commitment to offering homes with FHA terms. FHA, or Federal Housing Administration, loans are designed to make homeownership more accessible to a wider range of individuals. These terms often include lower down payments, more flexible credit requirements, and competitive interest rates.

Falling Water offers a variety of homes that qualify for FHA terms, making it an ideal choice for first-time homebuyers or those looking for more affordable housing options. Whether you're searching for a cozy townhouse or a spacious single-family home, Falling Water has something to suit every lifestyle and budget.

In addition to its convenient location and FHA terms, Falling Water boasts a close-knit community atmosphere. Residents have access to a range of amenities, including parks, walking trails, and community events, fostering a strong sense of belonging.

If you're looking for a neighborhood that combines affordability, convenience, and a welcoming community, look no further than Falling Water in Bonney Lake. Start your journey towards homeownership in this charming neighborhood today.

Newest Falling Water Homes with FHA Terms

$623,950
3 Beds ⋅ 2 Baths ⋅ 2564056 MLS ⋅ ACTIVE Status
Quick move-in at KB Home Falling Water community. Huge yard backs to open space features thoughtfully designed 3-bedroom, 2-bath residence with 9' ceilings offers an open-concept layout with spacious great room, gourmet kitchen, and seamless flow for everyday living and entertaining. Enjoy a private primary suite with en-suite bathroom and walk-in closet, plus two additional bedrooms for flexibility. Quality craftsmanship, ENERGY STAR certified features, Extended covered patio lets you enjoy the outdoors while keeping you out of the rain. This home does come with a heat pump providing A/C for the summer. EV prewired in the garage for electric vehicles. Backyard is fully fenced and landscaped! Falling Water II is a beautiful, serene neighborhood surrounded by trees and expansive mountain views. Very close to Costco, Target and lots of retailers with quick access to the freeway and dining, and major commuter routes. Don’t miss this opportunity! The last lot that backs to greenbelt. Below market interest rate available with preferred lender KBHS Home Loans and other incentives. Quick Move in with September completion.

12606 170th Avenue Ct E Unit #Lot198, Bonney Lake

Listing courtesy of KB Home Sales.

$600,000
3 Beds ⋅ 2 Baths ⋅ 2564572 MLS ⋅ ACTIVE Status
Welcome to this beautifully designed single-story Falling Water home built in 2022 by KB Home w/lot premium. Backing to the community park w/stunning Mt. Rainier views from the primary suite & backyard. Open concept floor plan connects the living, dining & kitchen areas w/warm Oak Brown LVP flooring throughout the main living spaces & an upgraded door package adding a polished, elevated feel. Kitchen features bold royal blue soft-close cabinetry, quartz countertops, full-height backsplash, upgraded lighting, an oversized island w/breakfast bar, pantry space w/wire racks & a full stainless steel appliance suite including an LG refrigerator w/water & ice maker, gas Whirlpool range, built-in microwave & LG dishwasher. Primary suite captures those coveted mountain views & includes a ceiling fan w/app control & a 5-piece en-suite bath w/garden tub, tile shower & large walk-in closet. A versatile den w/closet offers easy conversion to an optional 4th bedroom. Main hall bath features quartz counters & glass tile backsplash. All appliances stay including the LG front-loading washer & dryer. Fully fenced backyard offers an extended patio, perfect for outdoor entertaining. 2-car garage w/220V outlet for possible EV charging, keyless entry pad, peg board organization & a 50-gallon gas water heater. Smart lock, Ring camera, & A/C included. HOA just $133/month covers septic maintenance, sports courts, community parks, playgrounds & trails. Award-winning Sumner-Bonney Lake School District.

12701 177th Avenue E, Bonney Lake

Listing courtesy of John L. Scott R.E. Lake Tapps.

$629,000
4 Beds ⋅ 3 Baths ⋅ 2548285 MLS ⋅ ACTIVE Status
Beautifully maintained 4-bedroom, 2.5-bath home offering 2,210 sq ft in the highly desirable Falling Water community! This spacious two-story floor plan features an open-concept great room with a cozy gas fireplace, a dedicated main-floor office, and a convenient mudroom for everyday organization. The kitchen is equipped with a 1-year-old smart refrigerator, and the oversized primary suite includes a walk-in closet and private bath. Stay comfortable year-round with central A/C and enjoy the convenience of an attached 2-car garage. Recent updates include a brand-new furnace, newer washer and dryer, and a professionally installed sprinkler system. Triple-pane windows, a fully fenced backyard with patio and outdoor fireplace, and low-maintenance landscaping complete the outdoor living space. Located in the sought-after Falling Water neighborhood with parks, playgrounds, walking trails, open green spaces, and convenient access to shopping, dining, Lake Tapps, schools, and commuter routes. Move-in ready with quality upgrades already completed!

12014 181st Avenue E, Bonney Lake

Listing courtesy of Terrafin.

$635,000
3 Beds ⋅ 2 Baths ⋅ 2545266 MLS ⋅ ACTIVE Status
This like new resale comes with luxurious upgrades including 9' ceilings, quiet close - solid wood cabinets, tile backsplashes, quartz countertops, stainless steel appliances and so much more. With a spacious open floorplan this home provides room at the generous kitchen island to comfortably seat 4 along with a dining space and relaxing living area with gas fireplace. The primary suite is spacious with a nicely appointed 3/4 bath with double vanity and walk-in shower, walk-in closet and extra storage for linens. The laundry room is perfectly situated between all bedrooms. Luxury comforts continue with a tankless gas water heater to provide an endless supply of hot water and A/C to cool those hot summer nights...and days. Heading outside, the upgraded covered patio spans nearly the width of the home for plenty of outdoor entertaining space and fully fenced back yard. Don't miss the outdoor kitchen, that includes a Blaze grill with plenty of storage. This home is connected to a gas-powered generator that will run almost the entire house with the flip of 1 switch. Security cameras will stay, - buyer will need to purchase subscription. Conveniently located to nearby shopping, restaurants, schools and parks. Everything you need is nestled into this beautiful single-story home.

18025 123RD Street E, Bonney Lake

Listing courtesy of Skyline Properties, Inc..

$695,000
3 Beds ⋅ 2 Baths ⋅ 2532122 MLS ⋅ ACTIVE Status
Welcome to your like-new resale masterpiece in the highly convenient community of Falling Water. Built to impress and meticulously maintained, this stunning home looks and feels completely brand new. From the moment you step inside, the soaring 9-foot ceilings and expansive, light-filled open floor plan welcome you into a world of modern luxury and effortless everyday living. At the heart of the home is a chef’s dream kitchen featuring gleaming quartz countertops, birch cabinetry, premium stainless steel appliances, a massive center island perfect for entertaining, a generous walk-in pantry, and seamless flow into the main living spaces. Need to work from home? A dedicated office space offers the perfect quiet retreat. Efficiency meets comfort here with major, high-value upgrades already done for you. Enjoy ultimate year-round comfort with a newly added central A/C unit,paired with eco-friendly solar panels that deliver incredible, year-round cost savings on your energy bills! Retreat to the oversized primary suite, offering a peaceful sanctuary complete with a large walk-in closet and soaking tub in the luxurious 5-piece bath. Two additional bedrooms and full bath down the extra wide hallway. Outside, the property shines just as bright with a fully fenced, large backyard—ideal for pets, play, or summer BBQs. Wired for generator & storage is a breeze with the garden shed. Don't wait for new construction when you can have this upgraded, energy-efficient Bonney Lake gem today!

17807 123rd Street E, Bonney Lake

Listing courtesy of Redfin.

$580,000
4 Beds ⋅ 3 Baths ⋅ 2480398 MLS ⋅ ACTIVE Status
Welcome to the sought after neighborhood of Falling Water! Step into a home that feels brand new from the moment you open the door. This 2,066-square-foot residence has been thoughtfully refreshed with a crisp interior paint palette and plush, brand-new carpeting on the main level. The main level is designed for both productivity and relaxation, featuring a dedicated office space perfect for remote work and a grand living room that serves as the heart of the home. The updated kitchen is a chef’s delight, offering plenty of room for casual dining and seamless flow for entertaining. Upstairs, you’ll find all four spacious bedrooms conveniently located on the same level, providing a cohesive layout. Outside, the fully fenced backyard and patio offer a private retreat for outdoor gatherings or quiet afternoons in the sun. Complete with an attached two-car garage and a move-in-ready finish, this home is a rare find that perfectly balances modern updates with everyday comfort. Conveniently located near trails and a community park also just minutes to shopping, restaurants, Costco, Fred Meyer, and 410. Truly a must-see home, schedule your tour today! Ask about seller incentives as well as free 1% lender credit with use of preferred lender.

17942 122nd Street Ct E, Bonney Lake

Listing courtesy of COMPASS.

$900,000
2509332 MLS ⋅ ACTIVE Status
Rare 8.4-Acre Homesite in Falling Water – Build Your Dream Estate! Don’t miss this exceptional opportunity to own a spacious 8.4-acre homesite in the sought-after Falling Water community. Acreage opportunities like this are incredibly rare in the area—offering the perfect blend of privacy, flexibility, and convenience. Create your ideal property with room for a custom home, ADU, shop, and lifestyle amenities—whether that’s a sports court, pool, or outdoor retreat tailored to your vision. This build-ready homesite includes water, electricity, and sewer available on-site, allowing you to start planning and building right away. Enjoy the benefits of being part of the Falling Water HOA while still having limited restrictions, giving you greater freedom to design and use your land. Located in a rapidly growing area with easy access to Highway 410, shopping, and daily conveniences, this property offers both tranquility and accessibility. With no existing structures, you have a true blank canvas to bring your dream to life from the ground up!

12610 170th Avenue Ct E, Bonney Lake

Listing courtesy of KB Home Sales.

$950,000
2509327 MLS ⋅ ACTIVE Status
Rare 9.4-Acre Homesite in Falling Water – Build Your Dream Estate! Don’t miss this exceptional opportunity to own a spacious 9.4-acre homesite in the sought-after Falling Water community. Acreage opportunities like this are incredibly rare in the area—offering the perfect blend of privacy, flexibility, and convenience. Create your ideal property with room for a custom home, ADU, shop, and lifestyle amenities—whether that’s a sports court, pool, or outdoor retreat tailored to your vision. This build-ready homesite includes water, electricity, and sewer available on-site, allowing you to start planning and building right away. Enjoy the benefits of being part of the Falling Water HOA while still having limited restrictions, giving you greater freedom to design and use your land. Located in a rapidly growing area with easy access to Highway 410, shopping, and daily conveniences, this property offers both tranquility and accessibility. With no existing structures, you have a true blank canvas to bring your dream to life from the ground up!

12622 170th Avenue Ct E, Bonney Lake

Listing courtesy of KB Home Sales.

$799,950
2508667 MLS ⋅ ACTIVE Status
Rare 7.7-Acre Homesite in Falling Water – Build Your Dream Estate! Don’t miss this exceptional opportunity to own a spacious 7.7-acre homesite in the sought-after Falling Water community. Acreage opportunities like this are incredibly rare in the area—offering the perfect blend of privacy, flexibility, and convenience. Create your ideal property with room for a custom home, ADU, shop, and lifestyle amenities—whether that’s a sports court, pool, or outdoor retreat tailored to your vision. This build-ready homesite includes water, electricity, and sewer available on-site, allowing you to start planning and building right away. Enjoy the benefits of being part of the Falling Water HOA while still having limited restrictions, giving you greater freedom to design and use your land. Located in a rapidly growing area with easy access to Highway 410, shopping, and daily conveniences, this property offers both tranquility and accessibility. With no existing structures, you have a true blank canvas to bring your dream to life from the ground up!

12622 170th Avenue Ct E, Bonney Lake

Listing courtesy of KB Home Sales.

$850,000
2508650 MLS ⋅ ACTIVE Status
Rare 7.7-Acre Homesite in Falling Water – Build Your Dream Estate! Don’t miss this exceptional opportunity to own a spacious 7.7-acre homesite in the sought-after Falling Water community. Acreage opportunities like this are incredibly rare in the area—offering the perfect blend of privacy, flexibility, and convenience. Create your ideal property with room for a custom home, ADU, shop, and lifestyle amenities—whether that’s a sports court, pool, or outdoor retreat tailored to your vision. This build-ready homesite includes water, electricity, and sewer available on-site, allowing you to start planning and building right away. Enjoy the benefits of being part of the Falling Water HOA while still having limited restrictions, giving you greater freedom to design and use your land. Located in a rapidly growing area with easy access to Highway 410, shopping, and daily conveniences, this property offers both tranquility and accessibility. With no existing structures, you have a true blank canvas to bring your dream to life from the ground up!

12642 170th Avenue Ct E, Bonney Lake

Listing courtesy of KB Home Sales.

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