Federal Way Homes under $300,000

Federal Way Homes under $300,000

Welcome to Federal Way, Washington – a vibrant city nestled in the heart of King County, just south of Seattle. Known for its lush parks, stunning waterfront views, and a strong sense of community, Federal Way offers residents a perfect blend of suburban tranquility and urban convenience. With its strategic location, you’re only a short drive away from the bustling metropolis of Seattle, making it an ideal spot for those who appreciate both city life and nature’s beauty.

For homebuyers on a budget, Federal Way presents an exciting opportunity with a selection of charming homes priced under $300,000. Whether you’re a first-time buyer, a growing family, or looking to downsize, you’ll find a variety of options that cater to your needs. From cozy single-family homes to inviting townhouses, these properties offer great value without compromising on comfort or style.

Imagine settling into a welcoming neighborhood where you can enjoy the scenic parks, such as the beautiful Dash Point State Park, or take leisurely strolls along the waterfront. With excellent schools, shopping centers, and recreational facilities nearby, Federal Way is not just a place to live; it’s a place to thrive.

Discover the hidden gems of Federal Way, where affordable living meets a vibrant lifestyle. With homes under $300,000, your dream of homeownership is within reach. Come explore this charming city and find the perfect place to call home!

Newest Federal Way Homes under $300,000

4520 SW 321st Street Unit #S9, Federal Way
$139,000
1 Beds ⋅ 1 Baths ⋅ 2596204 MLS ⋅ ACTIVE Status
Top floor condo! The kitchen offers white Shaker cabinets, durable vinyl plank flooring and stainless steel appliances . Enjoy the large bedroom with washer and dryer more then enough space to work from home and relax. Step outside to a cozy patio with extra storage! Convenient location, just blocks from Twin Lakes Golf & Country Club and Dash Point Park. Close to shopping, restaurants, schools, bus lines and transit station. No rental cap!

4520 SW 321st Street Unit #S9, Federal Way

Listing Broker: Theory Real Estate; Jessica Vianez; 253-442-3235; jessicavianez@theoryRE.com

509 S 323rd Place Unit #12H, Federal Way
$204,999
1 Beds ⋅ 1 Baths ⋅ 2595147 MLS ⋅ ACTIVE Status
A welcoming first home, a comfortable place to downsize, or an investment opportunity (no rental cap!), this ground-floor end unit pairs coffee shop coziness with park-like tranquility. Mature landscaping offers surprising privacy while conveniently located next to the clubhouse, outdoor pool and fully-fenced dog run. Enjoy single-level living with no stairs, an outside entry, 1 bed and 1 full bath. Curl up beside your wood-burning fireplace with a book or morning brew. An eat-in kitchen and dining area offer space to savor a meal, while a walk-in closet keeps essentials tucked away. All appliances stay, including in-unit washer/dryer! Enjoy quiet mornings on your private patio overlooking greenery and yard space. Assigned parking, guest parking and RV parking add convenience to this welcoming community. Nearby restaurants, shops, Commons Mall, Celebration Park, & Federal Way Performing Arts Center offer plenty to explore. Kaiser Permanente & St. Francis Hospital are nearby for accessible medical care. Walk or bike the BPA Trail, Redondo Park with boardwalk, beach, and pier, or head to Dash Point State Park for beaches, trails and camping. Two main bus lines within walking distance and nearby Federal Way light rail station expand commuting options to Sea-Tac Airport, Seattle, Tacoma. Insulated windows add comfort to this cozy retreat, where a true neighborhood feel and everyday conveniences make it easy to feel at home. Settle in and enjoy a place that fits your next chapter.

509 S 323rd Place Unit #12H, Federal Way

Listing Broker: 1 Percent Lists Tacoma; Chad Nolan; 253-459-0235; chadn@1percentlists.com

3001 S 288th Street Unit #34, Federal Way
$50,000
2 Beds ⋅ 1 Baths ⋅ 2594757 MLS ⋅ ACTIVE Status
All ages Park- This home has a brand new roof put on in April as well as a new heat pump and heating system for the entire home. Enough parking space for three or four cars. Very kid friendly. It's very much move in ready, just come and put your finishing touches on it and make it yours. Steel Lake and Park is just a mile or two away. great for Barbecuing Or just hanging out. Reach out to your real estate agent and book a tour. Do it quickly because this place won't last. It's hard to find a home under 50K these days. Especially ones that have a new heat pump and roof.

3001 S 288th Street Unit #34, Federal Way

Listing Broker: Seattle Works Real Estate; Chad Sanek; 206-790-1813; Sanekhomes@gmail.com

32110 45th Place SW Unit #B-4, Federal Way
$189,000
3 Beds ⋅ 2 Baths ⋅ 2594063 MLS ⋅ ACTIVE Status
Opportunity in Maplewood! This 3-bedroom, 1 1/2-bath ground-floor condo is more than livable and ready for a buyer who is willing to put in some TLC. The home primarily needs cleaning, freshening up and cosmetic updates to make it shine. No major renovation is required to enjoy the home while making improvements over time. The 993 sq ft floor plan includes 3 bedrooms, 1 full bath and 1/2 bath, plus washer/dryer hookups. Maplewood offers desirable community amenities including a seasonal swimming pool and sport court. This is a great opportunity for a buyer who wants to build some sweat equity, an investor, or someone looking for an affordable home they can personalize. Seller is highly motivated and selling strictly as-is. Bring your ideas, bring your offer, and make this Maplewood condo your own!

32110 45th Place SW Unit #B-4, Federal Way

Listing Broker: Better Properties Kitsap; Stanley Yeadon; 360-710-8815; justcallmestan@msn.com

2101 S 324th Street Unit #324, Federal Way
$79,000
2 Beds ⋅ 2 Baths ⋅ 2593277 MLS ⋅ ACTIVE Status
Beautiful golf-course views, stylish updates, and a welcoming setting make this home a standout in Belmor Estates! Near the 5th tee in this gated 55+ community, this 2-bedroom, 1.75-bath double-wide offers approx. 1,060 sq ft of bright, comfortable single-level living. Expansive windows fill the spacious living room with natural light, complemented by stylish vinyl plank flooring, fresh interior paint, and updated fixtures. The adjoining dining area features beautiful built-in cabinetry with glass-front doors, while the inviting kitchen offers white cabinets, generous counter space, a breakfast bar, and ample storage. Enjoy a private primary ensuite bath, a flexible second bedroom for guests or hobbies, and a separate laundry area. Big-ticket improvements include a NEW HEAT PUMP WITH A/C (8/2024) for year-round comfort, plus NEW APPLIANCES AND GARBAGE DISPOSAL. Outside, a new garden, fresh landscaping and lawn, mature greenery, and a paved garden walkway add outdoor charm. A long covered carport, ramped entry, and detached storage shed add everyday convenience. Belmor Estates offers a resident-use 9-hole golf course, indoor pool, spa, sauna, exercise room, clubhouse, library, game room, and craft room. Enjoy convenient access to shopping, dining, medical services, I-5, and Federal Way Downtown light rail. Don't miss the opportunity to enjoy fairway-side living with major upgrades already in place! Schedule your private showing today and discover what makes this home special!

2101 S 324th Street Unit #324, Federal Way

Listing Broker: Windermere RE South Sound, Inc; Petru Mihaluta; 425-505-0595; petru@windermere.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

2500 S 370th Street Unit #56, Federal Way
$90,000
3 Beds ⋅ 2 Baths ⋅ 2586752 MLS ⋅ ACTIVE Status
Discover exceptional space, character, and flexibility in this distinctive 3-bedroom, 2-bath double-wide offering approximately 1,848 sq ft plus an additional enclosed bonus room. Warm wood finishes, exposed beams, skylights, and a dramatic stone fireplace create a welcoming interior with personality and charm. Generous living, dining, and family-room spaces provide plenty of room for everyday living and entertaining. The large kitchen features abundant cabinetry, extensive counter space, a breakfast bar, and cooktop. The spacious primary suite includes a walk-in closet and 5-piece bath with dual sinks, separate shower, and jetted soaking tub. Two additional bedrooms offer flexible space for guests, hobbies, or a home office. Major improvements include a recently replaced roof, updated plumbing, and a heat pump with A/C for year-round comfort. Outside, enjoy mature landscaping, a covered outdoor area, a fenced yard space ideal for pets or relaxing, a detached storage/workshop shed, and an extended high-clearance covered carport with generous parking. Located in the established 55+ Kloshe Illahee community with clubhouse, pool, spa, sauna, fitness center, trails, RV parking, and recreational spaces. Conveniently located near shopping, dining, medical services, and freeway access. Schedule your private showing today and see everything this spacious, unique home has to offer!

2500 S 370th Street Unit #56, Federal Way

Listing Broker: Windermere RE South Sound, Inc; Petru Mihaluta; 425-505-0595; petru@windermere.com

31813 21st Avenue SW Unit #27, Federal Way
$59,000
3 Beds ⋅ 2 Baths ⋅ 2588932 MLS ⋅ ACTIVE Status
Welcome home to this 3 bedroom, 1.5 bathroom home located in the Highline Park community. This inviting residence offers a comfortable and functional floor plan with a warm, welcoming feel throughout. The home features a spacious living area with plenty of room for relaxing or entertaining, along with a well designed kitchen equipped with stainless steel appliances that provide both style and convenience. The primary bedroom offers a private retreat with the added benefit of an attached half bathroom. The two additional bedrooms provide room for guests or an office. The home includes an in unit washer and dryer, adding everyday convenience and making laundry simple. Enjoy the benefits of a peaceful community setting while remaining close to shopping, dining, parks, and major commuter routes. With a comfortable layout, convenient features, and a great location, this home offers a wonderful opportunity for those seeking affordable and convenient living in Federal Way.

31813 21st Avenue SW Unit #27, Federal Way

Listing Broker: Every Door Real Estate; SandraJean Daniels; 252-342-1646; sandrajeand@everydoorrealestate.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 #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

431 S 325th Place Unit #W2, Federal Way
$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

2101 S 324th Street Unit #189, Federal Way
$179,000
2 Beds ⋅ 2 Baths ⋅ 2589185 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 #189, Federal Way

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

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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.
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