98003 Homes with Conventional Terms

98003 Homes with Conventional Terms

Welcome to the vibrant community of Federal Way, Washington, nestled in the heart of King County and boasting the charming zip code 98003. This area is a hidden gem that offers a perfect blend of suburban tranquility and urban convenience. With its lush greenery, picturesque parks, and a strong sense of community, 98003 is an ideal place for families, professionals, and retirees alike.

Residents of Federal Way can enjoy easy access to a variety of amenities, including shopping centers, restaurants, and recreational facilities. The city is renowned for its beautiful parks, such as Dash Point State Park, where you can explore scenic trails, enjoy beach activities, or simply soak in the stunning views of the Puget Sound. With a wealth of outdoor activities at your fingertips, it's no wonder that Federal Way is a preferred destination for nature lovers.

When it comes to housing, 98003 offers a diverse range of options, including charming single-family homes, modern townhouses, and spacious condominiums. Many of these properties are available with conventional financing terms, making it easier for buyers to secure their dream home in this desirable area. Whether you're a first-time homebuyer or looking to upgrade, you'll find a welcoming community that caters to all lifestyles.

In summary, Federal Way's zip code 98003 is not just a place to live; it's a lifestyle. With its rich offerings and wonderful neighborhoods, you’ll find that this area truly feels like home. Come explore the possibilities and discover what makes Federal Way a fantastic place to call your own!

Newest 98003 Homes with Conventional Terms

31003 14th Avenue S Unit #G8, Federal Way
$174,990
1 Beds ⋅ 1 Baths ⋅ 2590803 MLS ⋅ ACTIVE Status
Stunning ground-floor, one-bedroom, one-bath remodel with beautiful lake views and abundant natural light. Open-concept living features new flooring, fresh paint, and a brand-new kitchen with quartz countertops and stainless-steel appliances. The beautifully updated bathroom showcases custom tile work, while a new ventless washer and dryer add everyday convenience. Acoustic insulation installed behind the walls helps reduce sound transfer for added comfort and privacy. Just steps from the clubhouse, fitness center, sauna, and outdoor pool, with easy access to freeways, shopping, and light rail station.

31003 14th Avenue S Unit #G8, Federal Way

Listing Broker: Dupont Realty & Property Mgmt; Stewart McCullum; 253-549-5323; stew9999@icloud.com

31227 7th Avenue S, Federal Way
$450,000
4 Beds ⋅ 3 Baths ⋅ 2581284 MLS ⋅ ACTIVE Status
Opportunity awaits in Federal Way! This charming 1.5-story home offers the perfect canvas to create a space that feels truly your own. Enjoy convenient main-level living and additional space upstairs to suit your needs. The detached two-car garage adds even more versatility, offering plenty of room for parking, storage, hobbies, a workshop, or everyday extras. With its unique layout and generous additional space, this home offers plenty of possibilities for someone ready to bring their vision and personal style to life. Conveniently located in Federal Way with easy access to shopping, dining, parks, schools, and major commuter routes. Come see the possibilities and imagine what you can create!

31227 7th Avenue S, Federal Way

Listing Broker: eXp Realty; Sujin Cha; 206-235-1996; sujin.cha@exprealty.com

218 S 317th Place, Federal Way
$600,000
4 Beds ⋅ 3 Baths ⋅ 2590738 MLS ⋅ ACTIVE Status
Spectacular is the only way to describe this: beautifully updated 4-bedroom, 3-bath Federal Way home offering 1,980 square feet of stylish living on an impressive 8,195-square-foot lot. The recently remodeled kitchen with Quartz counter tops in both the upstairs and down stairs kitchens. All bathrooms shine with modern finishes, Every closet has organizers for maximum usage while hardwood floors enhance the main living areas. Step outside to your private backyard retreat featuring a large swim spa, beautiful patio, amazing deck, and showstopping landscaping worthy of a home and garden magazine! Additional highlights include a brand-new roof with solar panels, two-car garage, detached garage/workshop, and parking for at least four additional vehicles. Ideally located close to shopping, dining, schools, parks, transportation, and everyday conveniences—with so much literally within walking distance. Updated, inviting, and truly unforgettable!

218 S 317th Place, Federal Way

Listing Broker: Berkshire Hathaway HS NW; Jim McConville; 253-229-4510; jimjmcconville@yahoo.com

247 S 328th Lane, Federal Way
$399,900
2 Beds ⋅ 3 Baths ⋅ 2590783 MLS ⋅ ACTIVE Status
Tucked away in a safe and quiet neighborhood, this duplex-style home offers a sanctuary from the hustle and bustle. It is rare to find a property that provides such immediate access to urban amenities while maintaining a peaceful, community-first atmosphere. Effortless access in any direction, making the trek to Seattle, Bellevue, or Tacoma a breeze. Located near lush walking trails and minutes from The Commons Mall, movie theaters, and a diverse array of cafes and restaurants. Top-rated schools, grocery stores, and medical clinics are just around the corner, with the hospital only 6 minutes away. The heart of the home was transformed in April 2026 with brand-new kitchen cabinets and updated appliances (2024), offering a crisp, modern aesthetic for your culinary adventures. Enjoy lower utility bills and year-round comfort with brand-new energy-efficient windows (garage, kitchen, and living room) and high-performance sliding doors ($13,900+ investment). Your private patio overlooks Heritage Court's lovely manicured grounds, with classic PNW evergreen trees and multiple garden spaces. Smart layout with Jack and Jill bathroom connecting the two upstairs bedrooms. Hard to find attached garage plus additional parking.

247 S 328th Lane, Federal Way

Listing Broker: John L. Scott, Inc; Nick Gerisilo; 206-372-0218; info@HappyHomeTeam.com

35730 26th Avenue S, Federal Way
$769,999
3 Beds ⋅ 3 Baths ⋅ 2590469 MLS ⋅ ACTIVE Status
True entertainer’s dream! Fully updated inside and out in 2024, this stunning home blends modern design with exceptional functionality. Striking curb appeal with designer siding, custom lighting, mature landscaping, and fruit trees. No HOA, plus ample space for RV, boat, and toy parking. Fully fenced backyard offers a private retreat featuring an expansive entertainment deck, firepit, and playset. Main level showcases soaring ceilings with custom LED lighting, a statement wood fireplace, and an open-concept living, dining, and chef’s kitchen. The kitchen is a showpiece with custom two-tone cabinetry, waterfall quartz island, designer lighting, custom shelving, high-end stainless-steel appliances, and backsplash. Built-in speaker system and mini-split A/C provide comfort and convenience. Guest bath features heated floors, custom tile, and premium finishes. Additional bedrooms plus a luxurious primary suite with accent wall, custom lighting, walk-in closet, and spa-inspired bath with heated floors, floating vanity, and custom shower. Lower level offers incredible flexibility with bonus bedroom, office space, family room, kitchenette with refrigerator, custom sauna, and 3/4 bath. Prime location near Costco, shopping, and easy access to I-5 and Hwy 18. Must see!

35730 26th Avenue S, Federal Way

Listing Broker: eXp Realty; Aleksandr Frankov; 253-350-8682; frankovspecial@gmail.com

217 S 315th Place, Federal Way
$685,000
4 Beds ⋅ 3 Baths ⋅ 2590125 MLS ⋅ ACTIVE Status
* $20,000 SELLER CREDIT AVAILABLE toward buyer’s closing costs or mortgage interest rate buydown! * Welcome to this beautifully updated 2076 SF home in Federal Way, with a BRAND-NEW ROOF and NEW LOW E WINDOWS. The home sits on a peaceful dead-end street in a quiet neighborhood, on a 7616 SF lot, and is just minutes from The Commons Mall and the Federal Way 320th Light Rail Station. Via the light rail, SeaTac Airport is approximately 16 minutes & just 3 stops away. The location has easy access to I-5, Hwy-18, Pacific Hwy S / Hwy-99, & Hwy-167, making an easy commute in all directions to Seattle, Tacoma and beyond. The home is a 4 bedroom, including a den or home office, with 2.5 baths, and large living and dining rooms with vaulted ceilings. Enjoy the deck off the kitchen overlooking a large private backyard. The expansive 22’ X 15’ flex room could work as a 5th bedroom suite, bonus/rec room, family room, or multigenerational living. It has a masonry chimney available to hook up a free-standing wood, pellet or gas stove. The generous primary bedroom includes an en-suite bath. There is a spacious laundry room with abundant storage, and a 2-car garage. Major upgrades include new Milgard windows, 96% efficient 2-stage variable-speed gas furnace, new carpet throughout, LVP flooring, new Trex decking, new exterior paint - and offering peace of mind, a brand new 30-year architectural roof. No HOA. Some photos are virtually staged. Buyer to verify all information.

217 S 315th Place, Federal Way

Listing Broker: John L. Scott, Inc; Jason Winecka; 253-350-1026; jasonwinecka@johnlscott.com

30205 29th Avenue S, Federal Way
$580,000
3 Beds ⋅ 2 Baths ⋅ 2590149 MLS ⋅ ACTIVE Status
Welcome home to this beautifully renovated 3 bedroom, 1.75 bath Federal Way rambler featuring a 2 car garage and no HOA. Designed for easy single level living, this turnkey property delivers a bright, open layout. Step inside the dramatic vaulted entry where a striking floor to ceiling fireplace anchors the living space with a warm, inviting glow. The heart of the home flows naturally into a designer kitchen tailored for everyday convenience, showcasing new quartz countertops, crisp white cabinetry, stainless steel appliances, a custom white oak island, an expansive double pantry, and generous workspace. Double pane windows, custom blinds, and modern interior doors complete the finish, while an efficient Mitsubishi mini split heat pump ensures absolute year round climate control. The spa inspired bathrooms feature sleek ceramic tile flooring, floor to ceiling tile surrounds, and built in storage. Meanwhile, the dedicated laundry and mudroom provides a functional cleanup space right as you enter from the garage, complete with handy drawers, drying rack, and extra storage. Step through the sliding glass door to your private outdoor retreat. The massive, fully fenced backyard invites endless possibilities, whether you are hosting gatherings on the patio or enjoying cozy autumn evenings around the custom fire pit. Ideally situated moments from Steel Lake Park and the light rail, this updated residence combines style, function, and unbeatable location. Schedule your tour today!

30205 29th Avenue S, Federal Way

Listing Broker: Inspire Realty; Anastasiya Radchuk; 253-334-4483; aaaradchuk@gmail.com

247 S 328th Lane, Federal Way
$399,900
2 Beds ⋅ 3 Baths ⋅ 2590208 MLS ⋅ ACTIVE Status
Tucked away in a safe and quiet neighborhood, this duplex-style home offers a sanctuary from the hustle and bustle. It is rare to find a property that provides such immediate access to urban amenities while maintaining a peaceful, community-first atmosphere. Effortless access in any direction, making the trek to Seattle, Bellevue, or Tacoma a breeze. Located near lush walking trails and minutes from The Commons Mall, movie theaters, and a diverse array of cafes and restaurants. Top-rated schools, grocery stores, and medical clinics are just around the corner, with the hospital only 6 minutes away. The heart of the home was transformed in April 2026 with brand-new kitchen cabinets and updated appliances (2024), offering a crisp, modern aesthetic for your culinary adventures. Enjoy lower utility bills and year-round comfort with brand-new energy-efficient windows (garage, kitchen, and living room) and high-performance sliding doors ($13,900+ investment). Your private patio overlooks Heritage Court's lovely manicured grounds, with classic PNW evergreen trees and multiple garden spaces. Smart layout with Jack and Jill bathroom connecting the two upstairs bedrooms. Hard to find attached garage plus additional parking.

247 S 328th Lane, Federal Way

Listing Broker: John L. Scott, Inc; Nick Gerisilo; 206-372-0218; info@HappyHomeTeam.com

34007 1st Circle S, Federal Way
$1,250,000
2590067 MLS ⋅ ACTIVE Status
Panther Lake Apartments is a 6-unit building built in 1979, located in Federal Way. All units are 1,000 SF with two bedrooms, one bathroom, in-unit washer & dryers, wood-burning fireplaces, private patios/balconies and covered parking. All new windows, sliders, exterior paint, and electrical panels in last two years. As part of a larger residential community, residents benefit from shared amenities including on-site management, a playground, and tennis courts. Located just 2 miles from the Light Rail station and 1.5 miles from I-5, the property offers convenient access to Tacoma, Seattle, and the broader Puget Sound region. Priced at $208K per unit with a cap rate of 6.7%.

34007 1st Circle S, Federal Way

Listing Broker: Northmarq Multifamily, LLC; Taylor Wyman; 952-356-0100; twyman@northmarq.com

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

2101 S 324th Street Unit #19, Federal Way
$299,000
2 Beds ⋅ 2 Baths ⋅ 2589315 MLS ⋅ ACTIVE Status
Belmor Park is waiting for you! This beautifully maintained 55+ community features a 9-hole golf course, an indoor pool, dog park, and a small gym. This new home features a cozy, but open layout. There are 2 bedrooms, 2 bathrooms and a den you can turn into an office or another little living area. Do not miss out on this opportunity get a new home in this quiet community, well maintained community.

2101 S 324th Street Unit #19, Federal Way

Listing Broker: MLS4owners.com; Chris C. Nye; 253-460-1900; sales@mls4owners.com

2101 S 324th Street Unit #7, Federal Way
$325,000
3 Beds ⋅ 2 Baths ⋅ 2589237 MLS ⋅ ACTIVE Status
Brand new double-wide! Come join Belmor Park and the many amenities that it offers. This 3-bedroom 2-bathroom home features an open concept with a spacious kitchen with lots of cabinets space and an island for all your entertaining needs. After a long day, retire in your living room to watch tv in front of your built-in entertainment center or just have a nice drink by your electric fireplace. If you are a golfer, like to swim or just want to be close to the city, Belmor Park is the place for you.

2101 S 324th Street Unit #7, Federal Way

Listing Broker: MLS4owners.com; Chris C. Nye; 253-460-1900; sales@mls4owners.com

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