98003 Homes under $300,000

98003 Homes under $300,000

Welcome to the vibrant community of Federal Way, Washington, nestled in the heart of King County, where the zip code 98003 offers a unique blend of suburban charm and urban convenience. Known for its lush greenery and scenic parks, this area is a haven for outdoor enthusiasts and families alike. With easy access to major highways, residents enjoy a seamless commute to Seattle and Tacoma, making it an ideal location for both work and play.

One of the most appealing aspects of living in Federal Way is the variety of housing options available, especially for those looking for homes under $300,000. This price range presents a remarkable opportunity for first-time homebuyers, investors, or anyone seeking an affordable slice of the Pacific Northwest. From cozy townhomes to quaint single-family residences, the options are diverse and cater to different lifestyles and needs.

In addition to affordable housing, the community boasts excellent schools, a plethora of shopping centers, and recreational facilities, including the stunning Dash Point State Park and the serene waters of Puget Sound. Federal Way is also home to a thriving cultural scene, with various events and festivals that bring the community together.

Living in the 98003 zip code means embracing a balanced lifestyle, where nature and urban amenities coexist harmoniously. Discover your new home in Federal Way today, and experience all that this enchanting area has to offer!

Newest 98003 Homes under $300,000

2500 S 370th Street Unit #56, Federal Way
$90,000
3 Beds ⋅ 2 Baths ⋅ 2586752 MLS ⋅ ACTIVE Status
Discover exceptional space, character, and flexibility in this distinctive 3-bedroom, 2-bath double-wide offering approximately 1,848 sq ft plus an additional enclosed bonus room. Warm wood finishes, exposed beams, skylights, and a dramatic stone fireplace create a welcoming interior with personality and charm. Generous living, dining, and family-room spaces provide plenty of room for everyday living and entertaining. The large kitchen features abundant cabinetry, extensive counter space, a breakfast bar, and cooktop. The spacious primary suite includes a walk-in closet and 5-piece bath with dual sinks, separate shower, and jetted soaking tub. Two additional bedrooms offer flexible space for guests, hobbies, or a home office. Major improvements include a recently replaced roof, updated plumbing, and a heat pump with A/C for year-round comfort. Outside, enjoy mature landscaping, a covered outdoor area, a fenced yard space ideal for pets or relaxing, a detached storage/workshop shed, and an extended high-clearance covered carport with generous parking. Located in the established 55+ Kloshe Illahee community with clubhouse, pool, spa, sauna, fitness center, trails, RV parking, and recreational spaces. Conveniently located near shopping, dining, medical services, and freeway access. Schedule your private showing today and see everything this spacious, unique home has to offer!

2500 S 370th Street Unit #56, Federal Way

Listing Broker: Windermere RE South Sound, Inc; Petru Mihaluta; 425-505-0595; petru@windermere.com

2500 S 370th Street Unit #132, Federal Way
$115,000
3 Beds ⋅ 2 Baths ⋅ 2586636 MLS ⋅ ACTIVE Status
Welcome to this beautifully, meticulously maintained 3BR, 1.75BA home in Kloshe Illahee, a sought-after 55+ community in Federal Way. Nestled in a peaceful, private setting, this light-filled and inviting open-concept home, features a spacious eat-in kitchen with abundant cabinetry, counters and storage, private primary suite with ensuite bath, and two additional bedrooms located at the opposite end of the home, ideal for guests, hobbies, or an office. Enjoy year-round exceptional outdoor living with a large covered patio for outdoor dining & entertaining, multiple fenced areas & low-maintenance yard, mature landscaping, plenty of sunny space for gardening, & a storage shed. Extended driveway and covered 2-car tandem carport provide ample parking. Some of the most important recent updates include NEW ROOF (2025), stackable W/D (2026), and water heater plus heat pump/AC (2023), interior paint, & cold/hot water shutoffs in home for easier accessibility. Residents enjoy resort-style amenities including clubhouse, pool, spa, sauna, fitness center, game/TV rooms, library, walking trails, RV parking, garden beds, picnic areas, & volunteer transportation assistance. Pets welcome with park approval! The community offers a welcoming, active lifestyle with social events, BBQs, and opportunities to connect with neighbors! Conveniently located near I-5, Hwy 18, shopping, dining, & medical services. Tour today and discover all that this exceptional home and community have to offer!!!

2500 S 370th Street Unit #132, Federal Way

Listing Broker: Better Homes and Gardens RE PC; Darla Skrei; 253-640-6809; darlaskrei@gmail.com

2500 S 370th Street Unit #101, Federal Way
$95,000
2 Beds ⋅ 2 Baths ⋅ 2586264 MLS ⋅ ACTIVE Status
Discover a spacious and welcoming 2-bedroom, 1.75-bath home offering approximately 1,440 sq ft, abundant natural light, and inviting indoor-outdoor living in the established 55+ community of Kloshe Illahee. The spacious living area is anchored by a striking floor-to-ceiling stone fireplace, while expansive windows and multiple skylights bring abundant natural light throughout the home. The generous kitchen offers extensive oak cabinetry, plentiful counter space, built-in oven, dishwasher, and excellent storage, complemented by a separate dining area with beautiful built-in cabinetry. The primary bedroom features a private bath, while the second bedroom offers comfortable space for guests, hobbies, or a home office. Outdoor living is a true highlight with an expansive covered deck, fenced and landscaped yard, mature greenery, and inviting spaces to relax or entertain. An extended covered carport provides generous parking, while the large workshop/storage room adds valuable space for tools, hobbies, and belongings. Additional features include ceiling fans, built-ins, and a dedicated laundry/utility room. Enjoy Kloshe Illahee amenities including a clubhouse, pool, spa, sauna, fitness center, trails, RV parking, and recreational spaces, all conveniently located near shopping, dining, medical services, and freeway access. Schedule your private showing today and experience the space, charm, and outdoor lifestyle that make this distinctive home one you will not want to miss!

2500 S 370th Street Unit #101, Federal Way

Listing Broker: Windermere RE South Sound, Inc; Petru Mihaluta; 425-505-0595; petru@windermere.com

520 S 323rd Place Unit #12-E, Federal Way
$215,000
1 Beds ⋅ 1 Baths ⋅ 2585764 MLS ⋅ ACTIVE Status
Rare ground floor privacy, premium updates, and seamless light rail access! This quiet retreat is peacefully tucked away amongst mature landscaping, yet close to everything that matters. This move-in ready 1-bedroom, 1-bath home features fresh interior paint, quartz counters with a bar top, brand new high quality carpet in the large bedroom, upgraded lighting, and an in-unit washer and dryer. No upstairs neighbors, no compromise. Oversized windows warm the space with natural light, while beautiful mature landscaping and your reserved parking spot right outside the front door make everyday living effortless. Only 1.4 miles to the new Federal Way Downtown Light Rail Station, making Sea-Tac Airport and downtown Seattle even more accessible. Kaiser Permanente and St. Francis Hospital are both minutes away, as is Celebration Park, Dash Point park, The Commons for shopping and dining, and the Federal Way Performing Arts & Event Center. Community amenities elevate daily life with a pool, clubhouse, and a large fully fenced dog run, perfect for pet owners. HOA dues cover most utilities: water, sewer, garbage, lawn service, and road maintenance, keeping monthly living simple and predictable. Whether you're a first-time buyer, down sizer, or investor, this is connected, low-maintenance living at a modest price. Don't miss it!

520 S 323rd Place Unit #12-E, Federal Way

Listing Broker: Skyline Properties, Inc.; Kyle Jochen; 253-208-4585; kyle.jochen@outlook.com

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