$800,000
Listed at $830,0003 bd•1.5 ba•1,740 sq ft
31400 7th Place Sw, Federal Way, WA 98023
• Listed 2025-08-08
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Based on information submitted to the MLS GRID as of October 3, 2025 at 04:05am (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Spectacularly remodeled lakefront retreat on Mirror Lake! Enjoy stunning water views from the open living rm ft. gas FP & 12' sliding door to the expansive 16x32 deck! Gourmet kitchen boasts quartz counters, tile backsplash & SS appliances inc. 36" range. Luxurious primary suite W/WI closet & spa-inspired ¾ bath W/dual vanities. Utility rm W/sink & built in cabinetry! 2 addtl. bedrooms, full guest bath + convenient 1/2 bath. Stay cool W/Central A/C! Back yard boasts large deck overlooking the lake + a gravel firepit area W/built-in bench seating! ALL NEW 30 yr roof, vinyl windows, electrical panel, heat pump, & insulation. Just minutes to Dash Point State Park, golf, dining, shopping, & schools, W/easy access to I-5, Hwy 18, & Hwy 99.
Listed by Shawn Maxey • Terry Wise & Associates
Listing updated: October 3, 2025 at 04:05am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2403706
Open houses
No upcoming open houses scheduled for this property.
$693,000
-$107,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $485K and $859K.
Rental earnings
$2,075/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$595,000Last sold price
840 Sw 306th Street, Federal Way, WA 98023

$660,000Last sold price
2711 Sw 314th Street, Federal Way, WA 98023
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
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Federal Way is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 9 days.
$650,000 Sold
3 months ago
3 bd•2.5 ba•~2,020 sq ft•Single Family
32026 11th Avenue Sw, Federal Way, WA 98023
0%
Over list
—
Days on market
0.5 mi
Distance
$535,000 Sold
3 months ago
2 bd•1 ba•~1,100 sq ft•Single Family
505 Sw 305th Place, Federal Way, WA 98023
2%
Over list
—
Days on market
0.6 mi
Distance
$550,000 Sold
3 months ago
3 bd•1.5 ba•~1,340 sq ft•Single Family
206 Sw 303rd Street, Federal Way, WA 98023
0%
Over list
—
Days on market
0.8 mi
Distance
$501,000 Sold
3 months ago
2 bd•1.5 ba•~1,200 sq ft•Single Family
31806 10th Place Sw, Federal Way, WA 98023
3%
Over list
—
Days on market
0.3 mi
Distance
$582,000 Sold
3 months ago
4 bd•1.5 ba•~2,050 sq ft•Single Family
31222 22nd Avenue Sw, Federal Way, WA 98023
16%
Over list
—
Days on market
0.8 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jul 2026
Federal Way School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.