The Lakes Homes under $500,000

Welcome to The Lakes, one of Kent, Washington's most enchanting neighborhoods! Nestled in the heart of King County, this community is a hidden gem that offers a perfect blend of natural beauty and suburban convenience. The Lakes is renowned for its picturesque landscapes, featuring serene lakes, lush greenery, and winding trails that invite you to explore the great outdoors. Whether you're an avid hiker, a bird watcher, or simply someone who enjoys a leisurely stroll, the scenic vistas here are sure to captivate your heart.

The neighborhood boasts a friendly and welcoming atmosphere, making it an ideal place for families, young professionals, and retirees alike. You'll find a diverse array of community events throughout the year, fostering a strong sense of connection among residents. Local parks and recreational facilities offer ample opportunities for sports, picnics, and community gatherings, ensuring that there's always something happening just around the corner.

For those seeking their dream home without breaking the bank, The Lakes is an excellent choice. With a variety of homes available for under $500,000, prospective buyers can find properties that suit their needs and budget. From charming single-family homes to cozy townhouses, there’s something for everyone in this vibrant neighborhood.

With its ideal location, friendly community, and affordable housing options, The Lakes is truly a place where you can create lasting memories. Come discover the charm of this delightful neighborhood and see why so many are proud to call The Lakes home!

Newest The Lakes Homes under $500,000

$349,999

2 Beds ⋅ 1 Baths ⋅ 2586141 MLS ⋅ ACTIVE Status

Fall in love with this adorable, beautifully updated condo in the desirable Lakes Community! This thoughtfully designed home features an open great-room concept with plenty of windows that fill the space with natural light. The lovely kitchen offers new appliances, a new sink and faucet, and a convenient eating bar—perfect for casual dining and entertaining. The spacious primary bedroom features a large walk-in closet, while the generous laundry room includes a new washer and dryer, plus a new hot water tank for added peace of mind. Step outside onto your private deck and enjoy peaceful lake views. The Lakes Community offers an array of amenities, including walking trails and a clubhouse, providing plenty of opportunities to relax and enjoy the outdoors. Conveniently located near major freeways, the airport, and everyday conveniences, this home makes commuting and daily living easy. Reasonable HOA dues include water and sewer, helping offset today’s rising utility costs. Additional features include a one-car garage and ample community parking. This charming, move-in-ready condo offers comfort, convenience, and a wonderful community setting.

5727 S 234th Place Unit #9-4, Kent

Listing Broker: Windermere RE South Sound, Inc; Kathy Callahan; 206-793-4874; kcallahan@windermere.com

$499,950

2 Beds ⋅ 2 Baths ⋅ 2584540 MLS ⋅ ACTIVE Status

Welcome to this beautifully maintained one-level home in the gated Marina Pointe community. Meticulously landscaped and thoughtfully designed, this spacious residence offers timeless finishes, abundant natural light, and effortless indoor-outdoor living. Inside, soaring vaulted ceilings and rich hardwood floors create a warm, inviting atmosphere. The living room features a cozy gas fireplace and plenty of natural light. The updated kitchen combines style and functionality with stainless steel appliances, abundant cabinetry, and generous workspace, opening seamlessly to the main living areas. A covered patio extends the living space outdoors, overlooking the lush, private landscaping—perfect for morning coffee, entertaining, or relaxing. The flexible guest bedroom includes a built-in Murphy bed, easily transforming into a home office or additional living space. An updated guest bathroom adds a modern touch. The spacious primary suite offers a peaceful retreat with a generous walk-in closet, private full bath, and abundant natural light. Enjoy the privacy and convenience of Marina Pointe, with nearby walking trails and easy access to Kent Station, shopping, dining, entertainment, and everyday amenities.

5121 S 234th Street Unit #42-4, Kent

Listing Broker: Realty ONE Group Orca Gold; Greg Barrett; 206-498-6876; Greg@GBarrett.com

$300,000

1 Beds ⋅ 1 Baths ⋅ 2578537 MLS ⋅ ACTIVE Status

Welcome to Harbor Reach at The Lakes! This inviting townhome features a spacious, open-concept layout with a well-appointed kitchen, designated dining area, and comfortable living room centered around a cozy wood-burning fireplace. The kitchen offers ample storage and a pantry, while all appliances stay, including the convenient stackable washer and dryer. Step outside onto your private deck and enjoy peaceful views of the surrounding grounds. The home also includes an attached individual garage with built-in shelving and additional storage, along with a dedicated parking space outside the garage and nearby guest parking. Residents of Harbor Reach enjoy access to a community clubhouse with a kitchen, indoor and outdoor gathering spaces, exercise room, and sauna. Conveniently located near Kent Station, the train station, Riverbend Golf Complex, ShoWare Center, shopping, dining, and more. This home also offers easy access to SR-167 and I-5 for a smooth commute. Enjoy comfortable living and exceptional convenience in this desirable Kent location.

5828 S 234th Place Unit #6-3, Kent

Listing Broker: Windermere Prof Partners; Curtis Gibson; 253-565-1189; curtisgibson@windermere.com

$479,000

3 Beds ⋅ 3 Baths ⋅ 2568737 MLS ⋅ ACTIVE Status

BUYER BONUS!! One year buy down of 1% with preferred lender. Completely updated from top to bottom, this condominium offers modern finishes and thoughtfully designed living spaces in a peaceful waterfront setting. Recent improvements include a remodeled kitchen, renovated bathrooms, engineered white oak hardwood scraped flooring, and beautiful base molding throughout. The inviting living room features an electric fireplace, while the new composite deck provides the perfect spot to enjoy views of the water canal and extend the living space outdoors. One bedroom offers a built-in Murphy bed, a built-in collapsible desk, and a wall-mounted TV, creating a versatile space for guests, work, or relaxation. All bedrooms feature custom closet organizers with drawers, providing ample storage without the need for additional dressers. The closet organizers, Murphy bed, built-in desk, and TV mounts are all included with the sale. An attached one-car garage provides added convenience for parking and storage. A move-in ready home with updated finishes, thoughtful built-ins, and a peaceful waterfront setting.

5508 S 236th Place Unit #8-4, Kent

Listing Broker: Better Properties Soundview; Rhonda Calabrese; 253-332-9957; Rhonda@betterpropertiessoundview.com

$365,000

2 Beds ⋅ 2 Baths ⋅ 2579891 MLS ⋅ ACTIVE Status

Updated end-unit condo with low HOA dues and exceptional parking! Welcome to Harbor Reach at The Lakes, where this desirable corner unit offers 2 bedrooms, 2 full bathrooms, and 1,149 sq. ft. of comfortable living space. With a private one-car garage plus a dedicated parking space, this home offers the kind of convenience that’s hard to find in condo living.Inside, the kitchen has been refreshed with new countertops and stainless steel appliances, while both bathrooms feature updated countertops for a fresh, modern feel. The end-unit location provides added privacy and natural light, while low HOA dues include water and sewer, helping keep monthly expenses manageable.Enjoy community amenities including an exercise room and community room, plus a convenient location close to shopping, dining, entertainment, parks, and everyday essentials. Kent Station is nearby with a variety of shops, restaurants, services, and a movie theater, while easy access to major roadways makes getting around the Kent Valley and surrounding communities a breeze.With thoughtful updates, excellent parking, low-maintenance living, and a convenient location, this home is an ideal opportunity for a first-time buyer or downsizer. Come see all this move-in-ready end unit has to offer!

5933 S 234th Place Unit #2-5, Kent

Listing Broker: Realty ONE Group Orca Gold; Nikki Buggert; 425-895-4081; nikkibuggert@gmail.com

$411,000

2 Beds ⋅ 2 Baths ⋅ 2566273 MLS ⋅ ACTIVE Status

Looking for a ground-floor condo in Kent, WA with an attached garage? This 2 bedroom, 2 bath home at 23202 58th Ave S Unit #2-1 is in Windward Cove, part of The Lakes community — and it checks every box: no stairs, your own 1-car garage, a wood-burning fireplace, in-unit laundry, and a private patio. The Lakes is a quiet, established community built around walking trails, ponds, and mature trees — the kind of setting neighbors describe as "a hidden gem." It's also one of the most connected pockets of Kent: Kent Station's shops, restaurants, and movie theater are minutes away, the Sounder commuter train gets you to downtown Seattle in about 45 minutes with just two stops, and I-5 access makes the rest of the region easy to reach. HOA dues cover water, sewer, road maintenance, and grounds care, so upkeep stays simple. Corner lot, sidewalks, and guest parking round it out. This one's built for someone who wants single-level living without giving up space, storage, or a garage. Private setting with with the views of the forest.

23202 58th Avenue S Unit #2-1, Kent

Listing Broker: Windermere Prof Partners; Steve McNamer; 253-310-1239; stevemcnamer@windermere.com

$399,000

2 Beds ⋅ 2 Baths ⋅ 2574101 MLS ⋅ ACTIVE Status

NEW PRICE, HUGE OPPORTUNITY, and waterfront living on Ruby Lake! This spacious single level 2 bedroom, 1.75 bath condo in Marina Pointe is priced to create excitement and offers the next owner a rare chance to buy well below the price point of many other units in the community. YES, the home needs updating, including fresh paint, new carpet, kitchen improvements, and bathroom upgrades, but that is exactly where the opportunity lies. Bring your vision, make it your own, and create value in a setting that is increasingly hard to find. Already in place are vaulted ceilings, skylights, generous living spaces, peaceful lake views, a gas fireplace, gas heat, Central A/C, and a private patio overlooking the water. The comfortable floor plan includes lake views from key living areas and a primary suite that connects beautifully to the setting. A fully finished 1 car garage, driveway parking, and guest parking add convenience. Marina Pointe is a gated, well maintained waterfront community with attractive grounds, walking paths, and easy access to shopping, dining, and commuter routes. This is the kind of OPPORTUNITY buyers wait for: strong value, real upside, and the chance to own on the water at an exciting new price!

23407 52nd Place S Unit #11-3, Kent

Listing Broker: Ballpark Realty; Dustin S. Bruce; 206-719-1061; dustin@ballpark-realty.com

$385,000

2 Beds ⋅ 3 Baths ⋅ 2571306 MLS ⋅ ACTIVE Status

Beautifully maintained smart-home townhome in The Lakes at Bayview featuring scenic pond and lake views, soaring ceilings, and abundant natural light. Enjoy an open-concept floorplan with a master suite, cozy gas fireplace, spacious kitchen with newer appliances, plus private view deck perfect for relaxing or entertaining. Smart-home upgrades- Wiz-controlled lighting and Apple Home. Back lawn and green spaces. Located near the Green River Trail with quick access to Kent Station, Kent Commons, shopping, dining, golf courses, schools, freeways, and the Kent Light Rail Station just 5 minutes away. Attached 2-car tandem garage with extra storage. Experience the perfect blend of nature, convenience, and modern living in one of Kent’s most desirable communities!

5916 S 232nd Court Unit #3-2, Kent

Listing Broker: eXp Realty; MICHELLE CODD; ;

$419,900

3 Beds ⋅ 3 Baths ⋅ 2562684 MLS ⋅ ACTIVE Status

Welcome to this beautifully updated 3-bedroom, 2.5-bath townhome in the highly desirable Promenade North at The Lakes! Filled with abundant natural light, this open-concept home offers fresh interior paint, brand-new carpet, and a warm, inviting living room with a cozy fireplace. Upstairs, you'll find a spacious primary retreat featuring a beautifully remodeled en-suite bathroom, along with two additional generously sized bedrooms and an updated full bath. The private backyard backs to a peaceful greenbelt, creating a serene setting with added privacy while allowing plenty of natural light to fill the home. A detached one-car garage provides convenient parking and extra storage. Ideally located just minutes from I-5, Highway 167, shopping, dining, Riverbend Golf Complex, scenic walking trails, and everyday amenities, this home offers the perfect balance of comfort, convenience, and lifestyle. Whether you're a first-time buyer, downsizing, or looking for a low-maintenance home in a prime Kent location, this move-in-ready townhome is one you won't want to miss! FHA AND VA APPOVED

5626 S 231st Place Unit #8-4, Kent

Listing Broker: eXp Realty; Sheila Newberry; 253-486-9716; Sheilasellshomes8486@gmail.com

$244,950

2 Beds ⋅ 2 Baths ⋅ 2539201 MLS ⋅ ACTIVE Status

Huge Price Drop! Welcome home to this beautifully refreshed end-unit retreat, where modern updates, privacy, and peaceful natural surroundings come together. Motivated seller—bring your offer! Nestled against lush greenery and beautifully maintained landscaping, this move-in-ready home offers the perfect blend of comfort and convenience. Step inside to a stunning updated kitchen, refreshed bathrooms, and bright, inviting living spaces filled with natural light. The charming dining nook, surrounded by windows, is perfect for morning coffee or enjoying the tranquil views. Cozy up by the fireplace during cooler months or unwind on your private patio surrounded by nature. Enjoy scenic lakes, walking trails, abundant green space, and the added convenience of your own private garage—a highly sought-after feature offering secure parking and extra storage. Ideally located just minutes from shopping, dining, public transportation, and vibrant Kent Station, everything you need is close by. Seller is motivated and ready to make a deal! Beautifully updated, privately situated, and conveniently located, this is an opportunity you don't want to miss. Bring your offer and schedule your tour today!

5801 S 232nd Place Unit #6-6, Kent

Listing Broker: eXp Realty; Andre' Jones; 253-324-4167; andre.jones@exprealty.com

$249,000

2 Beds ⋅ 1 Baths ⋅ 2498746 MLS ⋅ ACTIVE Status

Welcome to this bright and inviting 2-bedroom, 1-bath condo in the desirable Windward Cove community in The Lakes. Thoughtfully maintained, this home features an open-concept living space complete with a cozy wood-burning fireplace, dedicated dining area, and ample storage throughout. The open kitchen offers light white cabinetry, generous counter space, and bar-top seating—perfect for casual dining or entertaining. The spacious primary bedroom includes a large walk-in closet, while the additional bedroom provides flexibility for guests, a home office, or hobbies. In-unit laundry adds everyday convenience. Step outside to your private, intimate balcony and enjoy peaceful views of surrounding trees. The home also offers the convenience of an attached 1-car garage and driveway parking. Enjoy community amenities including a playground, parks, and scenic trails just minutes from your door. Ideally located near transit, shopping, restaurants, and schools, this home offers comfort, convenience, and a fantastic lifestyle.

5819 S 232nd Place, Kent

Listing Broker: John L. Scott, Inc; Simon Cruz; 206-519-7101; simon@jonbye.com

$375,000

2 Beds ⋅ 3 Baths ⋅ 2495425 MLS ⋅ ACTIVE Status

Highly desirable lake-edge 2-bedroom, 2.25-bath townhome featuring bright, open living spaces with both bedrooms on the upper level—each with its own private bathroom for added comfort and convenience. The east-facing bedroom showcases stunning water views, while both bedrooms offer ample closet space; one bath includes a tub and the other a shower. Either bedroom can easily be converted into a spacious home office. The kitchen, complete with a breakfast bar and adjacent dining area, flows seamlessly into the inviting living room with a cozy wood-burning fireplace. Step outside to a large deck overlooking the lake—perfect for morning coffee or entertaining with BBQs—surrounded by mature vegetation for added privacy. Additional highlights include a private detached garage with bonus overhead storage, an assigned parking space, and plenty of guest parking. Ideally located near major aerospace employers, Amazon distribution centers, and Kent Station, with easy access to shopping, freeways, and scenic trails. This townhome offers the perfect blend of comfort, convenience, and lakeside tranquility in a fantastic location.

23628 55th Place S Unit #15-3, Kent

Listing Broker: Redfin; Shauna Rumel; 206-779-4171; shauna.rumel@redfin.com

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