North Lake Homes with Conventional Terms

North Lake Homes with Conventional Terms

Welcome to the charming neighborhood of North Lake in Federal Way, Washington. Nestled in King County, this picturesque community offers the perfect blend of tranquility and convenience for residents.

North Lake is a sought-after area for homebuyers looking for a peaceful retreat while still being close to urban amenities. The neighborhood boasts a variety of home styles, from cozy bungalows to modern townhouses, providing options for every lifestyle.

One of the highlights of North Lake is its proximity to the serene lake that gives the neighborhood its name. Residents can enjoy leisurely strolls along the waterfront, picnics in the park, or water activities like kayaking and fishing.

For those seeking a home in North Lake with conventional terms, you're in luck. The real estate market in this area offers a range of options for buyers looking to make a move with ease. Whether you're a first-time homebuyer or a seasoned investor, there are homes with conventional terms available to suit your needs.

With its peaceful surroundings, convenient location, and homes with conventional terms, North Lake presents an excellent opportunity for those looking to settle down in Federal Way. Come and discover the beauty and charm of North Lake – your perfect place to call home.

Newest North Lake Homes with Conventional Terms

$1,199,950
2 Beds ⋅ 2 Baths ⋅ 2569988 MLS ⋅ ACTIVE Status
Exceptional North Lake waterfront opportunity! This unique offering includes three waterfront parcels totaling 31,319 SF, all sold together. The fully remodeled 2-bedroom, 1.75-bath home sits on one parcel with 60 feet of coveted lake frontage, while the two additional parcels provide approximately 45 feet of combined frontage and potential for future development, subject to buyer verification and applicable requirements. Enjoy waterfront living with serene lake views, fishing, boating, spectacular sunsets, and your own private dock. This desirable rambler features vaulted ceilings, a bright sunroom, private jacuzzi, custom-tiled bathrooms, durable laminate flooring, custom cabinetry, and new quartz countertops. The oversized heated two-car garage provides abundant space for vehicles, storage, lake toys, or a workshop. Previously operated as a successful Airbnb, the property offers exceptional flexibility as a primary residence, vacation home, or investment opportunity. Public sewer is located adjacent to all three parcels, offering potential flexibility for future development. Buyer to verify sewer availability, connection requirements, and development feasibility to their satisfaction. The existing home is currently served by septic. A rare opportunity to live, recreate, develop, or invest in a premier waterfront setting.

3118 S 337th Street, Federal Way

Listing courtesy of Keller Williams Realty PS.

$1,595,000
4 Beds ⋅ 3 Baths ⋅ 2566419 MLS ⋅ ACTIVE Status
Experience modern waterfront living in this fully custom 2024 masterpiece on North Lake. Offering 2,700 SF, 4 bedrooms, and 2.5 baths, this thoughtfully designed home showcases exceptional craftsmanship, timeless finishes, and a seamless blend of luxury and comfort. Soaring ceilings, walls of windows, and an open-concept design fill the home with natural light while creating inviting spaces for everyday living and entertaining. The chef's kitchen features premium appliances, a gas cooktop with pot filler, oversized island, walk-in pantry, and custom cabinetry, flowing effortlessly into the vaulted great room with a gas fireplace and expansive covered patio wired for a heater. The spa-inspired primary suite offers heated tile floors, a curbless shower, freestanding soaking tub, dual vanity, and a custom walk-in closet. Every detail was intentionally designed, including heated floors in all bathrooms and the laundry room, central vacuum in the home and garage, whole-house water filtration, hardwired driveway lighting, hot & cold exterior spigots, EV charger, backup generator wiring, sprinkler system, oversized garage, & a custom dog wash station. Step outside to your private waterfront dock and enjoy direct access to North Lake, perfect for paddleboarding, kayaking, fishing, or relaxing by the firepit at the water's edge. A rare opportunity to own a truly custom waterfront home where thoughtful design, premium amenities, and the lakefront lifestyle come together. Welcome home!

33437 33rd Place S, Federal Way

Listing courtesy of John L. Scott, Inc.

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