Panther Lake Homes with Federal Way School District

Panther Lake Homes with Federal Way School District

Welcome to Panther Lake, a hidden gem nestled in the heart of Federal Way, Washington. This charming neighborhood is characterized by its serene atmosphere, lush greenery, and vibrant community spirit, making it an ideal place for families, professionals, and retirees alike. Panther Lake is known for its picturesque landscapes, with the tranquil waters of the lake serving as a centerpiece for outdoor activities and relaxation. Residents enjoy scenic walking trails, parks, and easy access to nature, fostering a strong connection to the great outdoors.

One of the standout features of Panther Lake is its proximity to the highly regarded Federal Way School District. Families will appreciate the quality education offered by local schools, which prioritize student achievement and community involvement. The district's commitment to excellence ensures that children receive a well-rounded education, preparing them for success in their future endeavors.

In addition to its educational offerings, Panther Lake boasts a variety of charming homes, from cozy single-family residences to modern townhouses, catering to diverse lifestyles and budgets. The neighborhood's welcoming atmosphere is complemented by friendly neighbors and a strong sense of community, making it easy to feel right at home.

With convenient access to major highways, shopping centers, and recreational facilities, Panther Lake combines the tranquility of suburban living with the convenience of urban amenities. Whether you're enjoying a peaceful day by the lake or engaging in community events, Panther Lake offers a unique blend of comfort and connection. Come discover the warmth and charm of this delightful neighborhood in Federal Way!

Newest Panther Lake Homes with Federal Way School District

$399,500
3 Beds ⋅ 2 Baths ⋅ 2555653 MLS ⋅ ACTIVE Status
Welcome to this 3-bedroom, 2-bath home needs updating, priced to sale, accepting VA and FHA residence offering comfortable living with several important updates already completed. The roof was replaced in 2017, the electrical panel updated in 2018, and the home features a newer water heater and durable flooring throughout much of the home. The spacious living areas, natural light, and fenced backyard provide a great foundation for everyday living or future improvements. The bathrooms have been partially updated, offering an opportunity for the next owner to add their own finishing touches. Huge backyard for entertaining. Conveniently located near schools, shopping, parks, and commuter routes. Manufactured home title has been eliminated and is affixed as real property. Home is being sold As-Is.

1815 SW 349th Place, Federal Way

Listing courtesy of R1 Washington.

$799,000
2535696 MLS ⋅ ACTIVE Status
Complete exterior paint completed in summer of 2024. Professionally managed quadplex abuts Panther lake and walking trails. Fully occupied units, One bed/one bath units for easy rentability, All units have Washer/dryer, fireplaces, DW, balcony or deck. 4 Covered carport may tandem park and 3 uncovered guest spots. Community sports court and play area,. Very close to all shopping needs of big box and boutique shops. I-5, Hwy 18 and 99 access. Federal Way Light rail completed December 2025. Maybe a good property for owner occupied for easy finance. MLS 2501184 is also listed next door to make it a great assemblage portfolio.

34025 1st Place S, Federal Way

Listing courtesy of Skyline Properties, Inc..

$799,000
2501184 MLS ⋅ ACTIVE Status
Complete exterior paint completed in summer of 2024. Professionally managed quadplex abuts Panther lake and walking trails. Fully occupied units, One bed/one bath Loft style townhome units and two bedroom /one bath lower units for easy rentability, All units have Washer/dryer, fireplaces, DW, balcony or deck. 4 Covered carport may tandem park and 3 uncovered guest spots. Community sports court and play area,.Very close to all shopping needs of big box and boutique shops. I-5, Hwy 18 and 99 access. Federal Way Light rail completed December 2025. Maybe a good property for owner occupied for easy finance

34019 1st Circle S, Federal Way

Listing courtesy of Skyline Properties, Inc..

$899,950
2500500 MLS ⋅ ACTIVE Status
Well-maintained fourplex in Federal Way. Each unit features 2 bedrooms, 1 bathroom, a functional floor plan, fireplace, private balcony or patio, and in-unit washer and dryer, providing comfort and convenience for tenants.Property includes dedicated covered parking for each unit, additional uncovered parking spaces, and guest parking. Two units have been recently renovated, offering updated interiors and potential for increased rental income.The property has a strong rental history with long-term tenants, supporting stable and consistent income. On-site professional management is in place, and HOA rules do not allow for self-management.Conveniently located near shopping, dining, schools, and parks, with easy access to I-5 and Hwy 18, making it a desirable location for tenants and commuters alike. Ideal for investors seeking stable cash flow, low deferred maintenance, and long-term appreciation.

34214 1st Place S, Federal Way

Listing courtesy of RSVP Brokers ERA.

$989,000
2491971 MLS ⋅ ACTIVE Status
Great investment opportunity in Federal Way. Well-maintained four-plex featuring four spacious 2-bedroom, 1-bath units, each offering approximately 1,000 square feet of comfortable living space. Functional layouts, generous unit sizes, and consistent rental demand support strong long-term performance. Property currently offers a cap rate of over 6%, making it an attractive addition to an investment portfolio. Significant capital improvement completed with a new tile roof installed in 2022, providing durability and reducing future maintenance concerns. Conveniently located near major commuting routes, shopping, dining, and everyday amenities. Large unit sizes, solid income potential, and key updates make this a compelling multi-family investment opportunity in a strong rental market. Excellent opportunity for investors seeking stable cash flow and long-term value.

34120 1st Place S, Federal Way

Listing courtesy of Real Broker LLC.

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