$649,000
Est. $3,271/mo4 bd•1 ba•1,800 sq ft
2138 Sw 305th Street, Federal Way, WA 98023
• Listed 2026-04-01•16 days on market
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Incredibly well maintained, versatile 4-bedroom home on a beautiful half-acre lot in Federal Way. With 1,800 sq ft and a finished basement featuring a second kitchen and separate entrance, this property offers excellent flexibility for multigenerational living, guest space, or potential income-producing use. The park-like setting is enhanced by mature trees and generous outdoor space, creating a rare sense of privacy and room to spread out and entertain. A unique opportunity for buyers seeking both functionality and long-term potential.
Open houses
No upcoming open houses scheduled for this property.
$571,000
-$78,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $535K and $660K.
Rental earnings
$1,725/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$625,000Last sold price
1315 Sw 310th 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.
2138 Sw 305th 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.
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of June 4, 2026 at 10:44am (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.
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Listed by Kyle Thompson • Pellego, Inc.
Listing updated: June 4, 2026 at 10:44am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2501252
$725,000
29819 5th Avenue Sw, Federal Way, WA 98023
Heather Jahns · Coldwell Banker Danforth
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 4 days.
$1,200,000 Sold
3 weeks ago
5 bd•1 ba•~3,580 sq ft•Single Family
3005 Sw 300th Place, Federal Way, WA 98023
8%
Under list
—
Days on market
0.6 mi
Distance
$535,000 Sold
2 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
1.0 mi
Distance
$580,000 Sold
5 months ago
3 bd•1.5 ba•~2,100 sq ft•Single Family
31532 36th Avenue Sw, Federal Way, WA 98023
3%
Under list
—
Days on market
1.0 mi
Distance
$510,950 Sold
5 months ago
3 bd•1.5 ba•~1,350 sq ft•Single Family
803 Sw Dash Point Road, Federal Way, WA 98023
2%
Under list
—
Days on market
0.8 mi
Distance
$445,000 Sold
5 months ago
3 bd•1 ba•~840 sq ft•Single Family
627 Sw 305th Street, Federal Way, WA 98023
1%
Over list
—
Days on market
0.9 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 Jun 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.
