Federal Way Homes under $700,000

Federal Way Homes under $700,000

Welcome to Federal Way, Washington—a vibrant city nestled in the heart of King County, just south of Seattle. Known for its stunning natural beauty, Federal Way is bordered by picturesque parks, serene lakes, and lush green spaces, making it an ideal location for outdoor enthusiasts and families alike. With a rich cultural scene, a variety of shopping options, and a strong sense of community, Federal Way offers a unique blend of urban convenience and suburban tranquility.

One of the most appealing aspects of Federal Way is its diverse range of housing options, particularly for those seeking homes under $700,000. Whether you’re a first-time homebuyer, a growing family, or looking to downsize, you’ll find a variety of charming single-family homes, townhouses, and condos that fit your budget and lifestyle. Many of these properties boast modern amenities, spacious layouts, and beautiful yards, perfect for enjoying the Pacific Northwest's mild climate.

Living in Federal Way means you’ll have easy access to a plethora of recreational activities. Explore the stunning trails at Dash Point State Park, spend a day at Wild Waves Theme Park, or enjoy a peaceful afternoon at the beautiful Federal Way Community Center. With excellent schools, a thriving local economy, and a welcoming atmosphere, Federal Way is not just a place to live—it’s a place to thrive.

Discover your perfect home in Federal Way today, and embrace the charm and opportunities this wonderful city has to offer!

Newest Federal Way Homes under $700,000

4002 SW 333RD Street, Federal Way
$529,950
4 Beds ⋅ 2 Baths ⋅ 2590092 MLS ⋅ ACTIVE Status
A little more breathing room, a little more privacy, and a fresh start in Twin Lakes. Framed by a lush greenbelt, this thoughtfully updated split-level home offers a backyard that feels like an escape, with a generous deck for slow mornings and long summer evenings. An attached two-car garage and ample additional parking leave room for RV’s, hobbies, extra vehicles, and whatever your next chapter brings. Inside, fresh interior and exterior paint, new flooring, and updated landscaping set the tone for a home ready for its next chapter. The kitchen features new quartz countertops and a full tile backsplash, with an adjoining dining area that keeps everyday living connected. A pellet stove anchors the living room, adding warmth to the gathering space. Four bedrooms and two full bathrooms offer flexibility across two levels, with three bedrooms upstairs and a fourth bedroom and full bath on the finished lower level - ideal for guests, a home office, or a separate retreat. Multi-generational living has never been easier. The breathing room extends beyond the backyard, with Dash Point State Park nearby for wooded trails, beach days, and an afternoon along the Sound. Twin Lakes shopping and dining keep everyday essentials close - a setting that makes it easy to get outside, settle in, and feel at home.

4002 SW 333RD Street, Federal Way

Listing Broker: Heaton Dainard, LLC; Renee Donovan; 206-579-5969; renee@heatondainard.com

4802 SW 317th Lane Unit #C, Federal Way
$359,950
3 Beds ⋅ 3 Baths ⋅ 2590450 MLS ⋅ ACTIVE Status
Don’t miss this beautifully updated home in SmokeTree! This spacious 3-bedroom townhome truly shines, offering a wonderful combination of stylish updates, privacy, and low-maintenance living. Tucked away at the back of the community, this home enjoys a lovely, private backyard area that does not back up to the street. Inside, you’ll find brand-new luxury vinyl plank flooring throughout the main level, stairs, upper hallway, and bathrooms, along with new carpet in all three bedrooms. The beautiful kitchen has been refreshed with brand-new stainless steel appliances, freshly painted cabinets, resurfaced counters, updated lighting, and a bright, modern feel that’s perfect for everyday living and entertaining. Additional features include fresh paint throughout the home and an attached one-car garage, plus convenient parking in front of the garage. Enjoy access to wonderful community amenities, including an outdoor pool and clubhouse, all surrounded by mature, beautifully established landscaping. The location is ideal, with shopping, dining, trails, and parks nearby, along with easy access to major routes and freeways. This is a fantastic opportunity to own an updated home in a desirable community while enjoying the convenience and ease of a low-maintenance lifestyle. The entire SmokeTree community is getting a fresh new look with exterior painting underway—and it’s looking amazing! Come see all that this special home has to offer!

4802 SW 317th Lane Unit #C, Federal Way

Listing Broker: RentLucky; Shelly Baehler; 206-713-9020; shelly@rentlucky.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

2500 S 370th Street Unit #56, Federal Way
$90,000
3 Beds ⋅ 3 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

Start Your Search
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.