Panther Lake Homes with Illahee Jnr High Middle School

Panther Lake Homes with Illahee Jnr High Middle School

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

Panther Lake is known for its picturesque surroundings, including the stunning Panther Lake itself, which provides a serene backdrop for the area. Residents can enjoy a variety of outdoor activities, from leisurely walks around the lake to picnics in the nearby parks. The neighborhood boasts a strong sense of community, making it an ideal place to call home.

For families looking to settle down in Panther Lake, Illahee Junior High School is a top choice for quality education. Homes within the Illahee Junior High Middle School district offer families the opportunity to provide their children with a great education while enjoying all the benefits of living in this desirable neighborhood.

With its convenient location, beautiful scenery, and excellent school options, Panther Lake is a sought-after destination for those looking to buy a home in Federal Way. Don't miss the chance to be a part of this vibrant community and make Panther Lake your new home sweet home.

Newest Panther Lake Homes with Illahee Jnr High Middle School

$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.

$899,000
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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