Panther Lake Homes with Federal Way School District

Panther Lake Homes with Federal Way School District

Welcome to Panther Lake, a serene and picturesque neighborhood nestled in the heart of Federal Way, Washington. This charming community is a hidden gem that offers a perfect blend of natural beauty and suburban living, making it an ideal place for families, professionals, and retirees alike.

Panther Lake is known for its stunning landscapes, featuring lush greenery, tranquil waters, and a variety of outdoor recreational opportunities. The lake itself is a focal point for residents, providing a serene setting for fishing, kayaking, and leisurely walks along the shore. The surrounding parks and trails invite you to explore the great outdoors, whether you're hiking with friends or enjoying a peaceful afternoon picnic.

One of the standout features of Panther Lake is its strong sense of community. Neighbors often come together for local events and gatherings, fostering a welcoming atmosphere that makes everyone feel at home. The area boasts a rich diversity of residents, contributing to a vibrant and inclusive environment.

Families will appreciate the access to the highly regarded Federal Way School District, which is known for its commitment to academic excellence and student success. With a variety of nearby schools, parents can rest assured that their children will receive a quality education within a supportive community.

With its convenient location just minutes from shopping, dining, and major transportation routes, Panther Lake offers the perfect balance of tranquility and accessibility. Discover the charm of Panther Lake and make it your new home today!

Newest Panther Lake Homes with Federal Way School District

$380,000
3 Beds ⋅ 2 Baths ⋅ 2555653 MLS ⋅ ACTIVE Status
Welcome to this 3-bedroom, 2-bath home needs updating, priced to sale, 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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