Panther Lake Homes with 55 - 5-9 Units Style

Welcome to Panther Lake, a hidden gem nestled in the heart of Federal Way, Washington. This picturesque neighborhood is renowned for its beautiful landscapes, serene atmosphere, and a close-knit community vibe that makes it an ideal place to call home. With its stunning lake views and lush greenery, Panther Lake offers residents the perfect blend of natural beauty and modern convenience.

The homes in Panther Lake are characterized by their charming 5-9 unit style, providing a unique living experience that fosters a sense of community while still offering the privacy you desire. These thoughtfully designed residences boast spacious layouts, contemporary finishes, and easy access to the lake, making them perfect for families, professionals, and retirees alike. Imagine waking up to the sound of birds chirping and the gentle rustle of leaves, with the tranquil waters of Panther Lake just a stone's throw away.

Living in Panther Lake means you’re not just buying a home; you’re investing in a lifestyle. The neighborhood is conveniently located near shopping centers, parks, and recreational facilities, ensuring that all your needs are just minutes away. Whether you enjoy hiking, boating, or simply taking leisurely strolls by the water, Panther Lake offers an abundance of outdoor activities to keep you engaged and active.

With its welcoming atmosphere and beautiful homes, Panther Lake is more than just a place to live; it’s a community where memories are made and cherished. Come explore this enchanting neighborhood and discover your dream home in Federal Way!

Newest Panther Lake Homes with 55 - 5-9 Units Style

$1,250,000

2590067 MLS ⋅ ACTIVE Status

Panther Lake Apartments is a 6-unit building built in 1979, located in Federal Way. The property offers a true hands-off investment with professional management in place and HOA dues covering water, sewer, garbage, and landscaping. All units are 1,000 SF with two bedrooms, one bathroom, in-unit washer & dryers, wood-burning fireplaces, and covered parking.As part of a larger residential community, residents benefit from shared amenities including on-site management, a playground, and tennis courts. Located just 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%, it presents an attractive basis.

34007 1st Circle S, Federal Way

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

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