Federal Way Homes under $300,000

Federal Way Homes under $300,000

Welcome to Federal Way, Washington—a vibrant city nestled between the stunning shores of Puget Sound and the majestic Cascade Mountains. Located in King County, just south of Seattle, Federal Way is known for its rich blend of natural beauty, diverse culture, and thriving community spirit. With an array of parks, recreational facilities, and family-friendly attractions, it’s an ideal place for those seeking an active lifestyle while enjoying the comforts of suburban living.

For homebuyers looking for affordability without sacrificing quality, Federal Way offers a selection of charming homes priced under $300,000. This is a rare find in the competitive Seattle metropolitan area, making it an exciting opportunity for first-time buyers, young families, or investors. These budget-friendly properties often feature cozy layouts, inviting yards, and easy access to local amenities, ensuring you can enjoy all that Federal Way has to offer.

Imagine living just minutes away from the stunning Dash Point State Park, where you can explore miles of hiking trails, picnic by the beach, or enjoy water activities on Puget Sound. The city is also home to a variety of shopping centers, restaurants, and entertainment options, providing residents with everything they need right at their fingertips.

With its welcoming community, excellent schools, and convenient access to major highways and public transit, Federal Way is not just a place to live; it’s a place to thrive. Explore our listings today and discover your dream home in this beautiful city!

Newest Federal Way Homes under $300,000

32110 SW 45th Place Unit ##B-4, Federal Way
$225,000
3 Beds ⋅ 2 Baths ⋅ 2590065 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 SW 45th Place Unit ##B-4, Federal Way

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

2500 S 370th Street Unit #56, Federal Way
$90,000
3 Beds ⋅ 3 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

1660 S 333rd Street, Federal Way
$119,950
2 Beds ⋅ 1 Baths ⋅ 2586234 MLS ⋅ ACTIVE Status
Welcome home to an all-ages manufactured home community centrally located near everything you need! This well-maintained 2 Bed / 1 Bath home features an efficient, light-filled layout with [Square Footage] sq ft of cozy living space. Highlights include minisplit ac, new floors trim, along with a roof! Enjoy ample dedicated parking, private outdoor space, and shed storage. Unbeatable location—just minutes to I-5, Hwy 18, Pacific Hwy, local dining, shopping, and public transit. Low-maintenance, move-in ready, and full of potential! Space rent is $1,099 which includes garbage, water, and sewer

1660 S 333rd Street, Federal Way

Listing Broker: Inspire Realty; Alexander Bradshaw; 253-250-7520; alexbradshaw@mjreseattle.com

2500 S 370th Street Unit #132, Federal Way
$115,000
3 Beds ⋅ 2 Baths ⋅ 2586636 MLS ⋅ ACTIVE Status
Welcome to this beautifully, meticulously maintained 3BR, 1.75BA home in Kloshe Illahee, a sought-after 55+ community in Federal Way. Nestled in a peaceful, private setting, this light-filled and inviting open-concept home, features a spacious eat-in kitchen with abundant cabinetry, counters and storage, private primary suite with ensuite bath, and two additional bedrooms located at the opposite end of the home, ideal for guests, hobbies, or an office. Enjoy year-round exceptional outdoor living with a large covered patio for outdoor dining & entertaining, multiple fenced areas & low-maintenance yard, mature landscaping, plenty of sunny space for gardening, & a storage shed. Extended driveway and covered 2-car tandem carport provide ample parking. Some of the most important recent updates include NEW ROOF (2025), stackable W/D (2026), and water heater plus heat pump/AC (2023), interior paint, & cold/hot water shutoffs in home for easier accessibility. Residents enjoy resort-style amenities including clubhouse, pool, spa, sauna, fitness center, game/TV rooms, library, walking trails, RV parking, garden beds, picnic areas, & volunteer transportation assistance. Pets welcome with park approval! The community offers a welcoming, active lifestyle with social events, BBQs, and opportunities to connect with neighbors! Conveniently located near I-5, Hwy 18, shopping, dining, & medical services. Tour today and discover all that this exceptional home and community have to offer!!!

2500 S 370th Street Unit #132, Federal Way

Listing Broker: Better Homes and Gardens RE PC; Darla Skrei; 253-640-6809; darlaskrei@gmail.com

1003 S 308th Street Unit #34, Federal Way
$179,950
1 Beds ⋅ 1 Baths ⋅ 2584743 MLS ⋅ ACTIVE Status
Nestled in a small, secluded community surrounded by greenery, this light and bright home offers comfortable living with an easy, low-maintenance lifestyle. Top floor end unit! The living space features durable LVP flooring throughout, creating a clean and cohesive feel that’s easy to maintain. The open kitchen offers white cabinetry and new lighting, while the adjoining living area provides a peaceful view of the surrounding trees. Enjoy your morning coffee with a little nature right outside your window, or step onto the private deck to soak up some sunshine. The spacious bedroom features large closets for plenty of storage, and the convenience continues with an in-home washer and dryer. New Hot Water heater in 2024. Additional highlights include a reserved covered parking space with secured storage area. Affordable monthly HOA dues which include water, sewer, and garbage service. Make your dream of homeownership come true!

1003 S 308th Street Unit #34, Federal Way

Listing Broker: Coldwell Banker Danforth; Deidre Daly; 206-227-8198; RealDeals2@aol.com

4601 SW 320th Street Unit #N-1, Federal Way
$249,000
3 Beds ⋅ 2 Baths ⋅ 2587627 MLS ⋅ ACTIVE Status
Excellent value with NO rental cap, FHA and VA approval, making this a rare opportunity for both homeowners and investors alike. This well-maintained 3-bedroom, 1.5-bath condo features a spacious primary bedroom with an ensuite half bath, and a private patio backing to green space with no neighbors behind. One of the rare 3 bedroom units with an in-unit stackable laundry. Enjoy access to outstanding community amenities including a pool, sport court, walking trails, picnic areas, and playgrounds. Pet-friendly community welcomes cats and dogs under 35 lbs. On-site management, a friendly neighborhood atmosphere, and located across from the Dash Point State Park trailhead and just minutes from Redondo Beach, shopping, dining, schools, and easy I-5 access, this home offers an exceptional blend of comfort, convenience, and lifestyle.

4601 SW 320th Street Unit #N-1, Federal Way

Listing Broker: RE/MAX Integrity; Carol Fisher; 206-931-2911; carolfisher@remax.net

4601 SW 320th Street Unit #Q5, Federal Way
$125,000
2 Beds ⋅ 1 Baths ⋅ 2586989 MLS ⋅ PENDING - BACKUP OFFER REQUESTED Status
Beautiful condominium complex in the Twin Lakes Golf Course and Dash Point Park. Move-in ready top floor 2 bedroom, 1 bathroom home with generous living space, oversized primary bedroom with walk-in closet, and kitchen with eating space. Newer carpet, stove, and refrigerator. Extra storage available off private deck. Exterior recently painted. Community amenities include pool, athletic court and plenty of open parking. Great location close to shopping, dining, school and near major transit including the light rail and I-5.

4601 SW 320th Street Unit #Q5, Federal Way

Listing Broker: Renton Realty; Stacey Gregersen; 425-442-9501; stacey@rentonrealty.net

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