Federal Way Homes under $700,000

Welcome to Federal Way, Washington – a vibrant gem nestled between the bustling cities of Seattle and Tacoma. Known for its stunning natural beauty, Federal Way is a harmonious blend of urban convenience and suburban tranquility. With its lush parks, scenic waterfront, and a diverse array of recreational activities, this charming community offers something for everyone.

For families, Federal Way boasts top-rated schools and a close-knit community atmosphere, making it an ideal place to raise children. The neighborhood is home to a variety of amenities, including shopping centers, restaurants, and entertainment options, ensuring that residents have everything they need right at their fingertips. The iconic Dash Point State Park and the picturesque Puget Sound provide ample opportunities for outdoor adventures, from hiking and biking to kayaking and beachcombing.

If you’re in the market for a home, Federal Way offers an impressive selection of properties priced under $700,000. Whether you’re seeking a cozy single-family residence or a modern townhouse, you’ll find a range of options that cater to various lifestyles and budgets. Many homes in this price range feature spacious layouts, updated kitchens, and beautiful yards, perfect for enjoying the Pacific Northwest’s stunning seasons.

Embrace the charm of Federal Way, where you can enjoy a peaceful suburban lifestyle without sacrificing access to urban amenities. With its friendly community and affordable housing options, Federal Way is a wonderful place to call home. Come discover your dream home today in this delightful neighborhood!

Newest Federal Way Homes under $700,000

$549,000

3 Beds ⋅ 2 Baths ⋅ 2591774 MLS ⋅ ACTIVE Status

WELCOME HOME! Meticulously updated rambler home where modern design meets warm and inviting atmosphere, nestled in a sought-after established neighborhood. Home features an open-concept layout with fresh interior paint, luxurious finishes, stunning refinished original hardwood floors, updated lighting & thoughtful upgrades throughout. Upon entrance you will notice a spacious light filled living room with a wood burning fireplace, dining room with access to back yard. Stunning gourmet kitchen offers the perfect blend of modern elegance and warmth with white and wood cabinetry, quartz countertops, tile backsplash , high-end appliances, an oversized island ideal for entertaining, and custom cabinetry featuring convenient pull-out drawers. Three comfortably sized bedrooms, bathrooms featuring tile surround tub & shower & tile floors stylish vanity w/ quarts counter tops. Great size lot with fully fenced back yard, garage and conveniently located just minutes from I-5. Ideally positioned near shopping, dining, and entertainment including The Commons at Federal Way, beautiful Dash Point State Park and minutes from the beautiful Redondo Beach. COME TOUR TODAY!

30032 5th Avenue SW, Federal Way

Listing Broker: COMPASS; Anna Rogov; 253-830-4982; anna.rogov@compass.com

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

$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

$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

$640,000

4 Beds ⋅ 2 Baths ⋅ 2590624 MLS ⋅ ACTIVE Status

This meticulously renovated, single-story residence is perfectly situated on a spacious, sun-drenched corner lot, offering both privacy and exceptional curb appeal. This turnkey home is move-in ready and features significant structural and mechanical upgrades, including a durable new roof, an updated electrical panel, a high-efficiency gas water heater, and a suite of modern stainless steel appliances. The light-filled, open-concept floor plan has been thoughtfully designed with accessibility at the forefront, featuring 32-inch-wide doorways and level, threshold-free access throughout the entire living space. The gourmet kitchen serves as a chef’s delight with premium cabinetry and ample workspace, while the refined bathroom suite provides a luxurious, spa-inspired experience with its custom, easy-access roll-in shower. Located in a quiet, highly desirable neighborhood known for its peaceful atmosphere, this rare gem offers the perfect blend of high-end, stylish finishes and functional, barrier-free living. Truly a must-see property that delivers comfort, accessibility, and modern convenience in one exceptional package. Potential to build 2 ADU units!

31446 28 Place SW, Federal Way

Listing Broker: Goldenrod Realty; Au Nguyen Marshall; 206-850-8568; goldenrodrealty@gmail.com

$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

$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

$612,000

3 Beds ⋅ 3 Baths ⋅ 2589074 MLS ⋅ ACTIVE Status

Welcome to this beautiful home with a private backyard and deck that feel like your own outdoor retreat. Inside, the open-concept kitchen, living, and dining areas flow together seamlessly, making everyday living and gathering easy. New flooring throughout (2025) and a brand-new roof (2026) mean the big updates are already done. Spacious bathrooms and a generous laundry room add comfort and function. The rec room is made for entertaining, with an easy walk-out to the patio and hot tub for relaxing evenings under the stars. Gladiator storage in the garage keeps tools, gear, and projects organized and out of sight. No HOA. Enjoy a convenient location close to shopping and restaurants, just minutes to Dash Point and Commencement Bay for beach days, sunsets, and waterfront fun. Don't wait. Schedule your showing today!

2529 SW 322nd Street, Federal Way

Listing Broker: Keller Williams Realty PS; Kristen Campbell; 425-891-4468; kristen.campbell@kw.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

2101 S 324th Street Unit #188, Federal Way

$179,000

2 Beds ⋅ 2 Baths ⋅ 2589219 MLS ⋅ ACTIVE Status

If you are looking to downsize and want a singlewide, this 900 sq ft unit is for you. Retire in style and come enjoy the many benefits this community has to offer, like the golf course and indoor pool to name a few. The unit comes with a heat pump for those hot summer days and irrigation, so you don’t have to go out and water yourself. You don’t want to miss this great opportunity. This is a 55+ community, and local sales tax apply to all new home sales.

2101 S 324th Street Unit #188, Federal Way

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

$225,000

2 Beds ⋅ 1 Baths ⋅ 2588298 MLS ⋅ ACTIVE Status

Main-floor, single-level renovated condominium offering privacy, comfort, and exceptional value. Ideal for first-time buyers or anyone looking to downsize. This move-in-ready home features a beautifully updated kitchen with quartz countertops, new stainless steel appliances, an undermount sink with pull-down faucet, pantry, and a convenient eating bar. Engineered hardwood floors run throughout, and fresh interior paint gives the home a bright, modern Northwest feel. Wood burning fireplace in a comfy living room with enough room for a full size sectional. The spacious primary bedroom includes a large walk-in closet, and the full-size in-unit washer and dryer add everyday convenience. Adjacent bedroom, and beautifully renovated main bathroom! Enjoy peaceful, tree-filled territorial views from your private patio. Community amenities include a pool, hot tub, and sport court. Conveniently located near the new Federal Way light rail station, with easy access to shopping, dining, and major commuting routes, this is an excellent opportunity for affordable home ownership in south King County. No work needed, just move in and relax. HOA covers Water, Sewer and Garbage. 1 reserved parking spot with lots of extra parking.

431 S 325th Place Unit #W2, Federal Way

Listing Broker: Keller Williams Realty PS; Anna McClusky; 206-659-8884; Anna@legacygroupnw.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.