Panther Lake Real Estate

Welcome to Panther Lake, a serene and picturesque neighborhood nestled in the heart of Washington State. Known for its stunning natural beauty and tranquil atmosphere, Panther Lake offers residents a perfect blend of outdoor adventure and suburban comfort.

As you explore this charming community, you'll be captivated by the lush landscapes and the sparkling waters of Panther Lake itself, which serves as a focal point for recreation and leisure. Whether you enjoy fishing, kayaking, or simply soaking in the sun along the shoreline, this lake provides a perfect escape for nature lovers and families alike.

The neighborhood boasts a strong sense of community, with friendly neighbors and local gatherings that foster connections. Families will appreciate the excellent schools in the area, making Panther Lake an ideal place to raise children. The surrounding parks and playgrounds provide ample opportunities for outdoor play and exploration, ensuring that kids can enjoy a healthy and active lifestyle.

Conveniently located just a short drive from the vibrant city of Seattle, Panther Lake offers residents the best of both worlds. You can enjoy the peacefulness of suburban life while still having easy access to urban amenities, shopping, and dining options.

With its stunning scenery, friendly community, and convenient location, Panther Lake is more than just a place to live; it's a lifestyle choice. Come and discover the charm of Panther Lake, where your dream home awaits in this idyllic corner of Washington!

Newest Listings in Panther Lake

$1,395,000

2560505 MLS ⋅ ACTIVE Status

ATTENTION BUILDERS, DEVELOPRS & INVESTORS! Don't miss this Rare opportunity to acquire a fully approved and PERMIT-READY 9-townhome development site in the highly desirable Panther Lake community of Kent. Zoned NR-4A, this shovel-ready project includes all City of Kent approved and stamped plans, including site development, civil, architectural, structural, utility, and engineering documents. Construction drawings are complete, allowing a developer to begin site preparation and construction immediately. The project features nine modern three-story townhomes, each offering 1,950+sq.ft of thoughtfully designed with spacious layouts including, 3 bed, 2.5 bath, kitchen with dinning & pantry, office space, laundry, refined living space, storage, patio, deck, car garage & much more. The existing home has already been demolished and removed, saving additional time and costs. Conveniently located with easy access to major freeways, schools, shopping, restaurants, public transportation, parks, and other amenities. ALL THE CONSTRUCTION PERMITS ARE READY TO GO. Exceptional investment opportunity with strong profit potential. The permitted plans are included in the list price.

20254 108 Ave SE, Kent

Listing courtesy of Skyline Properties, Inc..

$799,500

2 Beds ⋅ 1 Baths ⋅ 2540967 MLS ⋅ ACTIVE Status

Welcome to lake life on beautiful Panther Lake! Perfectly positioned on one of the most desirable stretches of the lake, this charming waterfront retreat sits on .7 acres with 119 feet of pristine lake frontage. Designed for making memories, the open-concept layout creates effortless indoor/outdoor living with an expansive deck overlooking the water—perfect for summer BBQs, entertaining, and relaxing after a day well spent on the lake. Pride of ownership shines throughout with thoughtful care and attention in every corner. The spacious, cleared upper portion of the property offers endless possibilities for future expansion, additional RV parking, or creating your dream outdoor space. Spend your summers swimming off the shore, celebrating opening day fishing derbies, gathering around evening campfires, and enjoying the kind of lake memories that last a lifetime. The perfect PNW retreat—escape the city, slow down, and enjoy peaceful lake living while still being just 15 miles from the Bremerton Ferry Terminal with easy access to Seattle, local restaurants, shopping, and everyday conveniences. This isn’t just a lake house—it’s where summers are spent, traditions are created, and generations of memories are made.

4694 Panther Lake Road W, Bremerton

Listing courtesy of Paramount Real Estate Group.

$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..

$653,000

4 Beds ⋅ 2 Baths ⋅ 2532471 MLS ⋅ ACTIVE Status

Well-maintained home on a generous lot in the desirable Benson Hill area. New painting, new gas furnace, new vinyl floor in kitchen, living room, family room and two bathroom. The main floor features an open-concept kitchen and living space filled with excellent natural light. Two comfortable bedrooms and a full bathroom are located on the main level. The lower level offers a spacious family room, two additional bedrooms, a 3/4 bathroom, and a dedicated laundry room, with direct access to a large, elevated deck—ideal for indoor-outdoor living. The backyard provides ample space to relax, play, or customize to your needs. Conveniently located near nearby amenities with easy access to major routes.

19431 107TH Avenue SE, Renton

Listing courtesy of Best Choice Realty LLC.

$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.

$925,000

2491971 MLS ⋅ ACTIVE Status

Great investment opportunity in Federal Way. Well-maintained four-plex featuring four spacious 2-bedroom, 1-bath units, each offering 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.

$82,000

3 Beds ⋅ 2 Baths ⋅ 2474924 MLS ⋅ ACTIVE Status

Move-in ready home in Pantera Lago Estates, a desirable 55+ community. Step into a bright and spacious living area with an adjacent dining space, highlighted by soaring vaulted ceilings and abundant natural light throughout. The expansive kitchen offers generous storage and ample counter space, perfect for everyday living and entertaining, also filled with natural light. Enjoy a premier lifestyle in this spacious triple-wide, complete with a large carport and a secure storage shed. Located just steps from the community clubhouse, residents enjoy access to a swimming pool, hot tub, picnic area, and a meeting room with a full kitchen. Ideally situated near shopping, dining, major freeways, Kent Station, and the Sounder train. Ownership transfer subject to park management approval. Don’t miss the opportunity to make this your new home.

11436 SE 208th Street Unit #45, Kent

Listing courtesy of John L. Scott, Inc.

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