$515,000
Listed at $499,9503 bd•1 ba•1,000 sq ft
2031 S 301st Place, Federal Way, WA 98003
• Listed 2025-09-25
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Based on information submitted to the MLS GRID as of January 12, 2026 at 04:03am (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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Discover this inviting rambler in Federal Way’s sought-after Steel Lake Estates. With 3 bedrooms, 1 bath, and original hardwood floors, it offers timeless character paired with everyday comfort. A cozy wood-burning fireplace makes the living room the heart of the home, while the attached garage with workbench adds function. Step outside to a spacious, partially fenced backyard—ideal for gardening, play, or outdoor entertaining. Close to Steel Lake Park, shopping, dining, I-5 and the airport, this location blends convenience with a peaceful neighborhood feel. With the future light rail service (Dec 2025) nearby, this home is a smart choice for first-time buyers, downsizers, or anyone seeking lasting value.
Listed by Morgan Harris • John L. Scott, Inc.
Listing updated: January 12, 2026 at 04:03am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2435994
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (3)
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Open Sat, Aug 1 +110:00 AM – 5:00 PM
$992K4 bd · 2.5 ba · 2,781 sqft
1749 Sw 341st (lot 38) Place Nw, Federal Way, WA 98023
Open Sat, Aug 1 +110:00 AM – 5:00 PM
$1.03M5 bd · 3 ba · 2,964 sqft
34248 Sw 19th (lot 27) Avenue Sw, Federal Way, WA 98023
Open Sat, Aug 1 +110:00 AM – 5:00 PM
$1.07M5 bd · 3 ba · 2,962 sqft
34215 19th (lot 16) Avenue Sw, Federal Way, WA 98023
$496,000
-$19,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $515K and $610K.
Rental earnings
$1,500/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$515,000Last sold price
2031 S 301st Place, Federal Way, WA 98003
$555,000Last sold price
2003 S 301st Place, Federal Way, WA 98003
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.
Neighborhood mobility
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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: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 16 days.
$913,195 Sold
6 weeks ago
5 bd•3.25 ba•~2,790 sq ft•Single Family
30317 11th Place S, Federal Way, WA 98003
0%
Over list
—
Days on market
0.6 mi
Distance
$99,000 Sold
8 weeks ago
2 bd•1.75 ba•Single Family
2611 S 288th St #38, Federal Way, WA 98003
0%
Over list
—
Days on market
0.8 mi
Distance
$46,500 Sold
2 months ago
3 bd•2 ba•Single Family
3001 S 288th Street #343, Federal Way, WA 98003
7%
Under list
—
Days on market
0.7 mi
Distance
$505,000 Sold
3 months ago
3 bd•1 ba•~1,370 sq ft•Single Family
30212 10th Avenue S, Federal Way, WA 98003
1%
Over list
—
Days on market
0.6 mi
Distance
$149,000 Sold
3 months ago
3 bd•1.75 ba•Single Family
3001 288th Street #362, Federal Way, WA 98003
0%
Over list
—
Days on market
0.6 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
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.
