Why Live in 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.
Home Trends in Enchanted Village, WA
On average, homes in Enchanted Village, Federal Way sell after 47 days on the market compared to the national average of 70 days. The median sale price for homes in Enchanted Village, Federal Way over the last 12 months is $360,000, up 17% from the median home sale price over the previous 12 months.
Median Sale Price
$360,000
Median Single Family Sale Price
$480,000
Median Townhouse Sale Price
$360,000
Median 2 Bedroom Sale Price
$409,950
Average Price Per Sq Ft
$429
Number of Homes for Sale
5
Last 12 months Home Sales
35
Median List Price
$459,990
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
17%
