3-Bed Condo in Lake Stevens, WA: Everything to Know About Fairweather Pointe

Is the Fairweather Pointe Condo in Lake Stevens Worth Buying at $389,950?

This 3-bed, 2-bath ground-floor condo at Fairweather Pointe in Lake Stevens, WA is listed at $389,950. The 1,129 sq ft unit has been updated throughout - new flooring, fresh paint, updated countertops, and new fixtures. It's vacant and move-in ready. The HOA covers water, sewer, trash, lawn care, and earthquake insurance. There's no rental cap, making it a solid option for both owner-occupants and investors. The home sits 0.3 miles from Hillcrest Elementary in the well-rated Lake Stevens School District.

By Samantha Schlegel | March 24, 2026

If you've been watching the Washington real estate market, you know how hard it is to find a move-in ready home under $400K that checks more than one or two boxes.

This one checks a lot of boxes you don't usually see together.

Fairweather Pointe is a condo community in Lake Stevens - and this particular unit at 9210 Market Pl Unit J101 is the kind of listing that doesn't come up often at this price point. Here's what you're looking at and who this home makes the most sense for.

What You Get for $389,950

Three bedrooms. Two bathrooms. 1,129 square feet. Ground floor - no stairs, and a covered carport right at the door.

The unit has been fully updated: new flooring throughout, fresh paint, updated countertops, and new fixtures. It's vacant right now, which means you're not working around a seller's timeline. You can close and move in.

That matters more than people realize. When a home is occupied, showings get complicated. Negotiations can get emotional. A vacant property? Clean slate. Easier to visualize, easier to inspect, and the seller is typically more motivated.

Watch the quick tour at 0:17 — it's a short video but it gives you a real feel for the space and finishes.

The HOA: What's Actually Covered

HOA fees are one of the first things buyers look at — and for good reason. A high fee with nothing covered is a red flag. A reasonable fee that covers real expenses is a very different story.

At Fairweather Pointe, the HOA covers water, sewer, trash, lawn care, and earthquake insurance.

Earthquake insurance is notoriously expensive to add as a standalone policy in Washington State — and most standard homeowner's policies don't include it. Having it bundled into the HOA removes one of the bigger hidden costs of condo ownership in the PNW.

The community also has a clubhouse, hot tub, and rec room. Not flashy, but the kind of amenities that actually get used — especially if you're working from home or want a space to host without having people over to your unit.

If you want to understand how HOA fees and property taxes interact with your overall cost of ownership in Washington, this breakdown of Washington State property taxes is worth reading before you make an offer.

Who This Home Is Actually Right For

Not every home fits every buyer. Here's how I'd think about who this one works well for.

Families - Hillcrest Elementary is 0.3 miles from the front door. The Lake Stevens School District serves this home, and Lake Stevens Senior High is rated 8/10. If schools are a deciding factor, this address puts you in solid territory without the premium price tag of closer-in suburbs.

Investors - No rental cap. That's the phrase that separates this listing from a lot of condos in Washington. Many HOA communities limit the number of units that can be rented out at any given time. No rental cap means you can rent this unit the day you close if you want to.

Buyers who want walkability - Lake Stevens has grown a lot. Coffee, groceries, and everyday errands are right here. Samantha mentions the walkability at 0:31 - one of the things that genuinely surprised her about this location.

If you're weighing this against other options in the area, these buyer tips specific to Washington State cover what to watch for in condo purchases, inspection considerations, and how to think about resale.

Why Lake Stevens Is Worth Your Attention

A lot of buyers still default to looking at Everett, Lynnwood, or Bothell when they're shopping in Snohomish County. Lake Stevens gets overlooked - and that's an opportunity right now.

The city has been investing in infrastructure. The school district has a strong reputation. And compared to what you'd pay for a comparable 3-bedroom unit closer to the I-5 corridor, the price-per-square-foot here is genuinely better.

This condo is priced at roughly $345/sq ft. That's below what you'd pay for similar finishes in Shoreline, Bothell, or Edmonds. You're trading some commute convenience for significant value - and for buyers who work hybrid or remote, that trade-off increasingly makes sense.

The market in this price range moves. Ground-floor 3-bed units with updated finishes, FHA approval, and no rental cap don't sit long when they're priced right. At $389,950, this one is priced to sell.

How to See It

The listing is active now. If you want to schedule a showing or have questions about the unit, the HOA financials, or what a competitive offer looks like in this market, reach out directly.

View the full listing: 9210 Market Pl Unit J101, Lake Stevens WA 98258 — $389,950 on Compass.

Or connect with Samantha directly through livingbeyondhomes.com to talk through whether this home fits what you're looking for.

About Samantha Schlegel Samantha Schlegel is a Washington State real estate agent with Compass, specializing in complex transactions - from first-time purchases to probate, foreclosure, and high-stakes sales. Born and raised in Hawaii, she brings a grounded, no-pressure approach to every deal. Find her at livingbeyondhomes.com or follow her on YouTube for market updates and listing tours.