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Enchanted Village Homes for Sale

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    $715,000

    • 5 Beds
    • 3 Baths
    • 2,300 Sq Ft

    37541 21st Ave S, Federal Way, WA 98003

    Welcome home to this Beautiful spacious property in the Enchanted Village area. It is nestled in one of Federal Way's most desirable neighborhoods, and just minutes from I-5 which is ideal for commuters. The home itself has an open floor plan which is perfect for entertainment and with 5 large bedrooms there is plenty of space for everyone. The Chef's kitchen has a centered island and with quartz

    Anwar Thomas Best Choice Realty LLC

    37541 21st Ave S, Federal Way, WA 98003
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    $720,160 Open Sat 10AM - 6PM

    • 3 Beds
    • 2.5 Baths
    • 2,070 Sq Ft

    3049 S 374th St Unit Lot52, Federal Way, WA 98003

    Welcome to Mason Heights in Federal Way! CORNER LOT! 2070 Sq. Ft. featuring 3 bedrooms + Loft/Bonus Room. You'll love the 9' ceilings & open concept living. Designer features such as Quartz counters throughout give an elegant touch. Luxury Vinyl Plank Flooring, White Painted Millwork & Doors, & Stainless-Steel Appliances. Features Fully Fenced & Landscaped Front & Rear. Heat Pump for efficient

    Aron Hunter KB Home Sales

    3049 S 374th St Unit Lot52, Federal Way, WA 98003

About Enchanted Village

Enchanted Village in Federal Way is a community-focused neighborhood featuring streets that branch into cul-de-sacs with sidewalks and well-maintained lawns. The area is known for its two-story New Traditional and elevated ranch-style homes built in the 1990s, with properties typically around 2,000 square feet, featuring hardwood floors, large windows, and inviting backyards. Regency Woods is a notable subdivision with single-family homes, while Regency Ridge offers condos in a gated community. The neighborhood is adjacent to the Interurban Trail, a nearly 15-mile paved bike path, and close to Five Mile Lake Park, which offers a swim beach, fishing pier, and various athletic facilities. West Hylebos Wetlands Park provides 120 acres of hiking trails and boardwalks through a wetland preserve. Local attractions include Federal Way Crossings, a shopping area with department stores and dining options like Thai Bistro and Jimmy Mac’s Roadhouse. For groceries, residents have access to Safeway and Grocery Outlet about 2 miles south. Wild Waves Park, a 70-acre amusement center, is a major draw with roller coasters, water rides, and seasonal events like Fright Fest. The neighborhood is bordered by Interstate 5, providing direct access to Seattle (25 miles north) and Tacoma (10 miles west), and is served by Sound Transit buses. Seattle-Tacoma International Airport is approximately 20 miles away. Enchanted Village is part of the Seattle and Federal Way Public Schools, with Rainier View Elementary and Todd Beamer High School being among the higher-rated options.

Frequently Asked Questions

Is Enchanted Village a good place to live?
Enchanted Village is a good place to live. Enchanted Village is considered very car-dependent and somewhat bikeable with some transit options. Enchanted Village has 1 park for recreational activities. It has a median age of 44. The average household income is $138,407 which is above the national average. College graduates make up 43.9% of residents. A majority of residents in Enchanted Village are home owners, with 21.3% of residents renting and 78.7% of residents owning their home. A local real estate agent serving Enchanted Village can help you decide if this neighborhood is the right one for you. Learn more on our Enchanted Village neighborhood guide.
Is Enchanted Village, WA a safe neighborhood?
Enchanted Village, WA is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Enchanted Village?
The median home price in Enchanted Village is $650,000. If you put a 20% down payment of $130,000 and had a 30-year fixed mortgage with an interest rate of 6.81%, your estimated principal and interest payment would be $3,390 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $145K a year to afford the median home price in Enchanted Village. The average household income in Enchanted Village is $138K.
What are the best public schools in Enchanted Village?
The best public schools that serve Enchanted Village are:
What are the best private schools in Enchanted Village?
The best private schools that serve Enchanted Village are:
What are the most popular zip codes in Enchanted Village, Federal Way, WA?
The most popular zip codes in Enchanted Village, Federal Way, WA include 98391, 98374, 98367, 98338 and 98387.
What are the most popular neighborhoods near Enchanted Village, Federal Way, WA?
The most popular neighborhoods near Enchanted Village, Federal Way, WA are Lakeland South, Jovita Heights, Fife Heights, Kitts Corner and Madrona Meadows - Fed Way.
Are home prices dropping in Enchanted Village?
Yes, home prices in Enchanted Village are down 12% in the last 12 months.

Home Trends in Enchanted Village, WA

Home Trends

Median Price (12 Mo)
$650,000
Median Single Family Price
$665,000
Median Townhouse Price
$400,000
Median 2 Bedroom Price
$340,000
Average Price Per Sq Ft
$324
Number of Homes for Sale
2
Last 12 months Home Sales
11
Months of Supply
2.20
Median List Price
$650,000
Median Discount From 1st List Price
0%
Median Home Sale Price YoY Change
-2%
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