$345,000
Est. $1,754/mo0 Sw 297th Street, Federal Way, WA 98023
• Listed 2026-01-05•35 days on market
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of June 16, 2026 at 10:33am (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.
© 2026 Northwest Multiple Listing Service. All rights reserved.
Equal Housing Opportunity. RexMont Real Estate is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
Talk to a local RexMont expert
Avg response under 5 mins
Breathtaking panoramic views of Puget Sound await in the Redondo Highlands! This is a rare opportunity in the to bring your dream home to life in a stunning setting just above Redondo. Nestled on just over 1/3 acre, this west-facing lot captures unforgettable sunsets and offers the perfect canvas for a custom premier home. The lot is primarily sloped—ideal for maximizing the view. The heavy lifting has been done—geotech and property studies are complete, and a custom home design has already been created. It was fully prepped and ready to start the permit process, giving you a major head start on the process. You'll love the location—conveniently close to Costco, Browns Point Lighthouse, and Dash Point State Park.
Listed by Steve McNamer • Windermere Prof Partners
Listing updated: June 16, 2026 at 10:33am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2465212
Open houses
No upcoming open houses scheduled for this property.
RexMont Value Snapshot
Pull the latest nearby sold homes matched on size, age, and location.
0 Sw 297th Street, Federal Way, WA 98023
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Neighborhood mobility
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
$2,019 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedEstimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
More homes in this area that match your range.

$270,000
29645 18th Avenue S #a303, Federal Way, WA 98003
Tony Hettler · John L. Scott Des Moines

$367,950
1002 S 312th #114, Federal Way, WA 98003
Rebecca Del Pozo · Keller Williams Realty

$189,990
31003 14th Avenue S #e12, Federal Way, WA 98003
Justin Park · TS Property Management

$230,000
31003 14th Avenue S #d 13, Federal Way, WA 98003
Ivan Olmedo · Red Rock Real Estate

$224,900
1808 S 284th Lane #e203, Federal Way, WA 98003
Travis Kalamakis · Motion Property Group

$279,900
1040 S 320th Street #10d, Federal Way, WA 98003
Kyong E. Kwon · Berkshire Hathaway HS NW

$259,995
1835 S 286th Lane #r104, Federal Way, WA 98003
Hugh Gabrielson · Real Broker LLC

$400,000
31021 20th Avenue S, Federal Way, WA 98003
Brooks Glenn · Windermere Real Estate Co.

$294,950
31500 33rd Place Sw #g202, Federal Way, WA 98023
Lillian Morrow · John L. Scott, Inc.

$299,950
31500 33rd Place Sw #u-206, Federal Way, WA 98023
Aleksander Prokhor · Berkshire Hathaway HS NW
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.
$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
0.5 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
0.4 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.