Steel Lake Homes under $700,000

Welcome to Steel Lake, a hidden gem nestled in the heart of King County, Washington. This charming neighborhood is a delightful blend of suburban tranquility and vibrant community spirit, making it an ideal place for families, professionals, and retirees alike. With its lush greenery, serene lake views, and friendly atmosphere, Steel Lake offers a unique lifestyle that is both peaceful and engaging.

One of the most appealing aspects of Steel Lake is its affordability. Here, you can find a variety of homes under $700,000, making it an attractive option for first-time buyers and those looking to downsize. From cozy single-family homes to spacious townhouses, the real estate options cater to diverse tastes and budgets. Many properties boast modern amenities, inviting outdoor spaces, and easy access to local parks and recreational activities.

The neighborhood is not just about beautiful homes; it also boasts a strong sense of community. Residents enjoy a range of local events and activities throughout the year, fostering connections and friendships. The nearby Steel Lake Park offers a perfect backdrop for picnics, walking trails, and water activities, ensuring that outdoor enthusiasts have plenty to explore.

Conveniently located, Steel Lake provides easy access to major highways, making commutes to nearby cities a breeze. With a variety of shopping, dining, and entertainment options just a short drive away, residents can enjoy the best of both worlds – the serenity of suburban living and the excitement of urban life.

Discover the charm of Steel Lake today, where your dream home awaits!

Newest Steel Lake Homes under $700,000

$580,000

3 Beds ⋅ 2 Baths ⋅ 2590149 MLS ⋅ ACTIVE Status

Welcome home to this beautifully renovated 3 bedroom, 1.75 bath Federal Way rambler featuring a 2 car garage and no HOA. Designed for easy single level living, this turnkey property delivers a bright, open layout. Step inside the dramatic vaulted entry where a striking floor to ceiling fireplace anchors the living space with a warm, inviting glow. The heart of the home flows naturally into a designer kitchen tailored for everyday convenience, showcasing new quartz countertops, crisp white cabinetry, stainless steel appliances, a custom white oak island, an expansive double pantry, and generous workspace. Double pane windows, custom blinds, and modern interior doors complete the finish, while an efficient Mitsubishi mini split heat pump ensures absolute year round climate control. The spa inspired bathrooms feature sleek ceramic tile flooring, floor to ceiling tile surrounds, and built in storage. Meanwhile, the dedicated laundry and mudroom provides a functional cleanup space right as you enter from the garage, complete with handy drawers, drying rack, and extra storage. Step through the sliding glass door to your private outdoor retreat. The massive, fully fenced backyard invites endless possibilities, whether you are hosting gatherings on the patio or enjoying cozy autumn evenings around the custom fire pit. Ideally situated moments from Steel Lake Park and the light rail, this updated residence combines style, function, and unbeatable location. Schedule your tour today!

30205 29th Avenue S, Federal Way

Listing Broker: Inspire Realty; Anastasiya Radchuk; 253-334-4483; aaaradchuk@gmail.com

$600,000

3 Beds ⋅ 2 Baths ⋅ 2583615 MLS ⋅ ACTIVE Status

Welcome to 30025 14th Ave S, where a complete transformation has created a beautifully remodeled, move-in-ready rambler in the heart of Federal Way! Step inside to a bright, open layout filled with natural light and thoughtfully updated from top to bottom. The stunning kitchen features crisp white cabinetry, quartz countertops, stainless steel appliances, modern black hardware, an undermount sink, and generous prep and storage space. New flooring, fresh paint, contemporary lighting, and clean modern finishes flow throughout, creating a home that feels fresh, cohesive, and inviting. Spacious living and dining areas offer excellent flexibility for everyday living, entertaining, or working from home. Outside, the upgrades continue with refreshed landscaping and an impressive new deck overlooking the fully fenced backyard—the perfect setting for summer BBQs, pets, gardening, or relaxing beneath the mature trees. An oversized attached 2-car garage offers abundant parking, storage, and workspace, while the large driveway provides additional off-street parking. Conveniently located near shopping, dining, schools, parks, commuter routes, and everything Federal Way has to offer. Beautifully updated, single-level living with fantastic indoor/outdoor space—this is the turnkey home buyers have been waiting for!

30025 14th Avenue S, Federal Way

Listing Broker: Icon Group; Josiah Toole; 253-631-3374; josiah@iconreg.com

$450,000

3 Beds ⋅ 1 Baths ⋅ 2584145 MLS ⋅ ACTIVE Status

Opportunity awaits with this charming 3-bedroom, 1-bath home situated on a spacious 0.216-acre fully fenced lot. With 1,270 sq ft of living space, this property offers a comfortable layout and plenty of outdoor space for gardening, recreation, pets, or future possibilities. A great option for first-time home buyers looking for an affordable way to enter the market, or investors seeking a property with potential. Conveniently located in Federal Way with easy access to shopping, dining, schools, parks, and major commuter routes. Bring your vision and make this property your own!

2304 S 300th Street, Federal Way

Listing Broker: Real Broker LLC; Corey Harvey; 360-259-5334; corey@purposerealtywa.com

$649,000

4 Beds ⋅ 3 Baths ⋅ 2573645 MLS ⋅ ACTIVE Status

Discover the space, flexibility & lifestyle you’ve been searching for near beautiful Steel Lake! Freshly painted & thoughtfully updated, this inviting residence welcomes you with gleaming espresso hardwoods, abundant natural light & an expansive living room opening to a balcony with peaceful views toward Steel Lake. The updated kitchen shines with SS appliances, stylish finishes & excellent functionality, complemented by updated bathrooms, upgraded light fixtures, double-pane insulated windows & an upgraded furnace for year-round comfort and efficiency. Retreat to the spacious primary bedroom featuring a private ensuite bath. Downstairs, a versatile multigenerational configuration offers a large family room & full bath—ideal for extended living, guests, home office, media room or recreation space. Step outside to an impressive multi-tier deck designed for summer BBQs, entertaining & relaxing, surrounded by garden space & established fruit plants for your own backyard harvest. A large garage provides room for vehicles, storage & workshop space, while the generous driveway offers additional parking with room for an RV. Enjoy an easy walk to schools & public transportation, plus quick access to Steel Lake Park, shopping, dining & I-5 for effortless commuting throughout the Puget Sound. Space to gather, room to grow & a location that keeps everyday life connected!

30209 21st Avenue S, Federal Way

Listing Broker: RexMont Real Estate; Adriano Tori; 425-420-5256; adriano@rexmont.com

$549,000

4 Beds ⋅ 2 Baths ⋅ 2561437 MLS ⋅ ACTIVE Status

Welcome home! This charming 4-bed, 2-bath home offers a functional layout, inviting living spaces, and a generous lot with a spacious, fully fenced backyard that’s perfect for entertaining, gardening, pets, or simply enjoying the summer months. Inside, the vaulted ceilings create an open and airy feel, while newer luxury vinyl plank flooring adds a fresh touch throughout portions of the home, including the kitchen, TV room, and more. A wood-burning stove insert adds warmth and character to the main living space. The one-car garage provides additional storage for outdoor gear and hobbies. For added convenience, the washer and dryer will stay with the home, along with the Xfinity security system and cameras. Beloved Steel Lake Park is just down the street, offering water access for swimming, paddle boarding, fishing, walking trails, playgrounds, and more outdoor fun. You’re also perfectly centered between the new Star Lake and Federal Way Downtown light rail stations, making it more convenient than ever to reach SeaTac Airport, downtown Seattle, Bellevue, and beyond. With its spacious yard, thoughtful features, and unbeatable location, this home is ready for its next owners to make it their own!

29311 33rd Avenue S, Auburn

Listing Broker: Brink Realty Group; Claudia Gautam; 206-355-9671; claudia@thepnwhome.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.