Fairwood Homes under $500,000

Welcome to Fairwood, a charming neighborhood nestled in the heart of Renton, Washington, located in the picturesque King County. Known for its welcoming atmosphere and vibrant community spirit, Fairwood offers a perfect blend of suburban tranquility and modern convenience. With its lush green parks, scenic walking trails, and well-maintained neighborhoods, it’s no wonder that families and individuals alike are drawn to this delightful area.

One of the standout features of Fairwood is its diverse array of homes, many of which are available for under $500,000. This makes it an ideal location for first-time homebuyers, young professionals, and those looking to downsize without compromising on quality of life. From cozy single-family homes to charming townhouses, Fairwood provides an inviting selection that caters to various lifestyles and budgets.

Residents of Fairwood enjoy easy access to a wealth of amenities, including shopping centers, restaurants, and recreational facilities. The nearby Fairwood Golf & Country Club offers an exceptional golfing experience, while local parks provide ample opportunities for outdoor activities and community gatherings. With excellent schools and a strong sense of community, Fairwood is perfect for those seeking a family-friendly environment.

Commuting is a breeze with convenient access to major highways and public transportation, making it easy to reach downtown Seattle or the surrounding areas. Whether you’re exploring the local parks, enjoying a meal at a nearby café, or simply taking in the beautiful scenery, Fairwood is a neighborhood that truly feels like home. Discover your dream home in Fairwood today and experience all that this vibrant community has to offer!

Newest Fairwood Homes under $500,000

$279,000

3 Beds ⋅ 1 Baths ⋅ 2589902 MLS ⋅ ACTIVE Status

Seller offering $5,000 toward buyer’s closing costs or an interest rate buydown, subject to lender approval! Also a 1% 1 year rate buydown w/preferred lender! Come home to light filled spaces and easy single level living in this freshly painted three bedroom Fairwood Villas condo. Vaulted ceilings and high windows create an airy welcome, while the updated kitchen features white cabinetry, stainless steel appliances, generous counter space, and a subway tile backsplash. The full bath offers a double sink vanity and tiled tub surround, with in unit laundry adding everyday convenience. Three bedrooms provide space for guests, hobbies, or a home office. Sip morning coffee on your patio, spend summer afternoons at the community pool, and enjoy the community garden spaces. With shopping within walking distance and the golf course next door, there’s plenty to enjoy close to home!

14600 SE 176 Street Unit #N1, Renton

Listing Broker: John L. Scott, Inc.; Alison Carter; 425-503-3199; alisoncarter@johnlscott.com

14401 SE Petrovitsky Road Unit #D205, Renton

$304,999

2 Beds ⋅ 2 Baths ⋅ 2579751 MLS ⋅ ACTIVE Status

MOTIVATED SELLERS! This bright and airy top-floor residence features 2 bedrooms, 2 refinished bathrooms, and a complete set of modern updates. Move-in ready, the home boasts a brand-new kitchen equipped with fresh appliances, modern tilework, and a streamlined layout that connects seamlessly to the laundry area. At the center of the home, the open-concept living space highlights a cozy wood-burning fireplace and opens through sliding doors to a private back porch framed by peaceful tree views. Includes 1 covered parking space assigned to the unit with a storage room. Community also has an outdoor swimming pool, clubhouse, & ample guest parking. No special assessments. Convenient location near grocery stores, restaurants and golf courses. Seller offering a 1% credit with preferred lender.

14401 SE Petrovitsky Road Unit #D205, Renton

Listing Broker: Tribeca NW Real Estate; Kara Gire; 970-412-4132; kara@tribecanw.com

$400,000

2 Beds ⋅ 3 Baths ⋅ 2574446 MLS ⋅ ACTIVE Status

Fresh to the market and priced for a quick sale in a prime location offering a perfect blend of comfort, convenience & opportunity! This 2-bed, 2.5-bath, 1447 sq ft. Molasses Creek townhome backs up to a protected greenbelt - one of the only lots that gets afternoon sun on the private patio! Home is move-in ready and priced to allow cosmetic updates on your timeline. Features include an open floor plan, 9-ft ceilings, gas fireplace, a main floor 1/2 bath and formal living/dining spaces ideal for a home office. Upstairs is a spacious primary suite with dual vanities & walk-in closet, a generously sized 2nd bedroom, full bath & laundry. The newer washer & dryer stay and the water heater was replaced in 2023. Attached garage and plenty of guest parking. This well-managed FHA-approved community completed exterior updates in summer 2025. Roofs are approximately 5yrs old & regularly maintained. HOA dues include water, sewer & curb-side garbage. Amenities include an exterior pool, hot tub, gym & Clubhouse for you to use & enjoy. Across from Maplewood Golf Course & Cedar River Trail with easy access to Hwy 169, I-405, The Landing, Coulon Park and only 20min to SeaTac Airport. This is an Estate Sale - home is sold as is. Seller is providing a 1-year Home Warranty. Welcome Home!

15150 140th Way SE Unit #B103, Renton

Listing Broker: Skyline Properties, Inc.; Brooke Ashley; 253-709-8477; homebrokerbrooke@gmail.com

$400,000

2 Beds ⋅ 3 Baths ⋅ 2572732 MLS ⋅ ACTIVE Status

15150 140th Way SE Unit #B103, Renton

Listing Broker: Skyline Properties, Inc.; Brooke Ashley; ;

17656 134th Lane SE Unit #F17656, Renton

$325,000

1 Beds ⋅ 1 Baths ⋅ 2571109 MLS ⋅ ACTIVE Status

Welcome to this stylish and inviting one-bedroom, one-bath condo in the desirable Red Mill community! The bright, open floor plan features impressive 9-foot ceilings, beautiful hardwood flooring, plush carpet, granite countertops, and a cozy gas fireplace—perfect for relaxing or entertaining. The well-appointed kitchen includes newer GE appliances, while the dedicated laundry room offers a full-size washer and dryer. Enjoy the convenience of an attached one-car garage and fantastic community amenities, including a clubhouse, spa, fitness center, entertainment room, and seasonal outdoor pool. Ideally located near Fairwood shopping, dining, and everyday conveniences, with easy access to downtown Renton.

17656 134th Lane SE Unit #F17656, Renton

Listing Broker: CENTURY 21 North Homes Realty; Tyler Walker; 206-472-0775; tylerwalker80@gmail.com

$289,950

3 Beds ⋅ 1 Baths ⋅ 2565223 MLS ⋅ ACTIVE Status

Turnkey investment opportunity! Beautifully updated 3-bedroom, 1-bath condo offering 982 sq. ft. of comfortable, low-maintenance living with excellent income potential. Estimated rental income of approximately $2,250/month (buyer to verify), making this an attractive opportunity for both investors and owner-occupants. The bright, open floor plan features vaulted ceilings, a skylight, brand-new flooring, fresh interior paint, and abundant natural light. The remodeled kitchen showcases new oak cabinets, updated faucets, and modern fixtures. Additional improvements include updated bathroom cabinetry, new six-panel doors throughout, and washer/dryer hookups. Enjoy peaceful, park-like community grounds with a swimming pool and sport court. Conveniently located within walking distance to Fairwood Village, offering shopping, dining, and everyday essentials. Easy access to major commuting routes enhances the home's appeal. Whether you're looking to expand your investment portfolio or purchase a move-in-ready home in a desirable Renton location, this well-maintained condo delivers exceptional value, modern updates, and strong rental potential. Buyer to verify all information, including rental income and leasing requirements.

14600 SE 176th Street Unit #R1, Renton

Listing Broker: eXp Realty; Beverly Auffray; 425-677-5717; beverly.auffray@exprealty.com

$479,000

3 Beds ⋅ 2 Baths ⋅ 2531936 MLS ⋅ ACTIVE Status

Well appointed, second level corner condo in the desirable Red Mill community in Fairwood. This home offers high ceilings, a spacious open floor plan with plenty of natural light and lots of privacy. Three good sized bedrooms with tons of storage, an oversized kitchen, gas fireplace, lush landscaping and an east facing balcony make this home feel like quite the bright retreat. Well managed HOA with desirable amenities including a community club house with hot tub, pool and gym. Plentiful guest parking in addition to 1-car garage and driveway parking. Convenient location close to freeways, shopping & dining for daily needs. No rental cap & no special assessments. FHA / VA approved.

17610 134th Lane SE, Renton

Listing Broker: KW Greater Seattle; Vin Cangialosi; 206-939-3778; v.cangialosi@outlook.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.