Panther Lake Homes with Deck Site features

Panther Lake Homes with Deck Site features

Panther Lake: A Charming Neighborhood in Federal Way, Washington

Nestled in the heart of Federal Way, Washington, Panther Lake is a picturesque neighborhood that offers a perfect blend of tranquility and convenience. Located in King County, this community is known for its stunning natural beauty, friendly atmosphere, and abundance of outdoor recreational opportunities.

One of the standout features of Panther Lake is its namesake lake, which provides a serene backdrop for residents to enjoy. With its crystal-clear waters and lush surroundings, the lake offers a peaceful escape from the hustle and bustle of everyday life. Whether you're taking a leisurely stroll along the shoreline or enjoying a picnic with family and friends, Panther Lake is the ideal spot to unwind and connect with nature.

In addition to its natural beauty, Panther Lake boasts a range of amenities and attractions. The neighborhood is home to the Homes with Deck site, offering residents the opportunity to enjoy outdoor living to the fullest. Whether you're hosting a barbecue, sipping your morning coffee, or simply soaking up the sun, having a deck is a valuable feature that enhances the overall appeal and functionality of a home.

Panther Lake is also conveniently located near a variety of shopping, dining, and entertainment options. The nearby Commons at Federal Way is a popular shopping destination, featuring a wide range of stores, restaurants, and entertainment venues. Additionally, the neighborhood is served by excellent schools, making it an ideal place for families to settle down and raise children.

With its charming neighborhood feel, beautiful surroundings, and convenient amenities, Panther Lake is a highly sought-after community in Federal Way. Whether you're looking for a peaceful retreat or a place to build lifelong memories, Panther Lake offers the perfect setting for your dream home.

Newest Panther Lake Homes with Deck Site features

$799,500
2 Beds ⋅ 1 Baths ⋅ 2540967 MLS ⋅ ACTIVE Status
Welcome to lake life on beautiful Panther Lake! Perfectly positioned on one of the most desirable stretches of the lake, this charming waterfront retreat sits on .7 acres with 119 feet of pristine lake frontage. Designed for making memories, the open-concept layout creates effortless indoor/outdoor living with an expansive deck overlooking the water—perfect for summer BBQs, entertaining, and relaxing after a day well spent on the lake. Pride of ownership shines throughout with thoughtful care and attention in every corner. The spacious, cleared upper portion of the property offers endless possibilities for future expansion, additional RV parking, or creating your dream outdoor space. Spend your summers swimming off the shore, celebrating opening day fishing derbies, gathering around evening campfires, and enjoying the kind of lake memories that last a lifetime. The perfect PNW retreat—escape the city, slow down, and enjoy peaceful lake living while still being just 15 miles from the Bremerton Ferry Terminal with easy access to Seattle, local restaurants, shopping, and everyday conveniences. This isn’t just a lake house—it’s where summers are spent, traditions are created, and generations of memories are made.

4694 Panther Lake Road W, Bremerton

Listing courtesy of Paramount Real Estate Group.

$799,000
2535696 MLS ⋅ ACTIVE Status
Complete exterior paint completed in summer of 2024. Professionally managed quadplex abuts Panther lake and walking trails. Fully occupied units, One bed/one bath units for easy rentability, All units have Washer/dryer, fireplaces, DW, balcony or deck. 4 Covered carport may tandem park and 3 uncovered guest spots. Community sports court and play area,. Very close to all shopping needs of big box and boutique shops. I-5, Hwy 18 and 99 access. Federal Way Light rail completed December 2025. Maybe a good property for owner occupied for easy finance. MLS 2501184 is also listed next door to make it a great assemblage portfolio.

34025 1st Place S, Federal Way

Listing courtesy of Skyline Properties, Inc..

$643,000
4 Beds ⋅ 2 Baths ⋅ 2532471 MLS ⋅ ACTIVE Status
Well-maintained home on a generous lot in the desirable Benson Hill area. New painting, new gas furnace, new vinyl floor in kitchen, living room, family room and two bathroom. The main floor features an open-concept kitchen and living space filled with excellent natural light. Two comfortable bedrooms and a full bathroom are located on the main level. The lower level offers a spacious family room, two additional bedrooms, a 3/4 bathroom, and a dedicated laundry room, with direct access to a large, elevated deck—ideal for indoor-outdoor living. The backyard provides ample space to relax, play, or customize to your needs. Conveniently located near nearby amenities with easy access to major routes.

19431 107TH Avenue SE, Renton

Listing courtesy of Best Choice Realty LLC.

$799,000
2501184 MLS ⋅ ACTIVE Status
Complete exterior paint completed in summer of 2024. Professionally managed quadplex abuts Panther lake and walking trails. Fully occupied units, One bed/one bath Loft style townhome units and two bedroom /one bath lower units for easy rentability, All units have Washer/dryer, fireplaces, DW, balcony or deck. 4 Covered carport may tandem park and 3 uncovered guest spots. Community sports court and play area,.Very close to all shopping needs of big box and boutique shops. I-5, Hwy 18 and 99 access. Federal Way Light rail completed December 2025. Maybe a good property for owner occupied for easy finance

34019 1st Circle S, Federal Way

Listing courtesy of Skyline Properties, Inc..

$899,950
2500500 MLS ⋅ ACTIVE Status
Well-maintained fourplex in Federal Way. Each unit features 2 bedrooms, 1 bathroom, a functional floor plan, fireplace, private balcony or patio, and in-unit washer and dryer, providing comfort and convenience for tenants.Property includes dedicated covered parking for each unit, additional uncovered parking spaces, and guest parking. Two units have been recently renovated, offering updated interiors and potential for increased rental income.The property has a strong rental history with long-term tenants, supporting stable and consistent income. On-site professional management is in place, and HOA rules do not allow for self-management.Conveniently located near shopping, dining, schools, and parks, with easy access to I-5 and Hwy 18, making it a desirable location for tenants and commuters alike. Ideal for investors seeking stable cash flow, low deferred maintenance, and long-term appreciation.

34214 1st Place S, Federal Way

Listing courtesy of RSVP Brokers ERA.

$925,000
2491971 MLS ⋅ ACTIVE Status
Great investment opportunity in Federal Way. Well-maintained four-plex featuring four spacious 2-bedroom, 1-bath units, each offering 1,000 square feet of comfortable living space. Functional layouts, generous unit sizes, and consistent rental demand support strong long-term performance. Property currently offers a cap rate of over 6%, making it an attractive addition to an investment portfolio. Significant capital improvement completed with a new tile roof installed in 2022, providing durability and reducing future maintenance concerns. Conveniently located near major commuting routes, shopping, dining, and everyday amenities. Large unit sizes, solid income potential, and key updates make this a compelling multi-family investment opportunity in a strong rental market. Excellent opportunity for investors seeking stable cash flow and long-term value.

34120 1st Place S, Federal Way

Listing courtesy of Real Broker LLC.

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