$649,000
Est. $3,337/mo4 bd•1.75 ba•1,800 sq ft
2138 Sw 305th Street, Federal Way, WA 98023
• Listed 2026-04-01•15 days on market
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Based on information submitted to the MLS GRID as of July 16, 2026 at 08:16am (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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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.
Listed by Kyle Thompson • Pellego, Inc.
Listing updated: July 16, 2026 at 08:16am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2501252
Open houses
2 datesNearby 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
$637,000
-$12,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $525K and $660K.
Rental earnings
$1,900/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$640,000Last sold price
2004 Sw 306th Place, Federal Way, WA 98023
$625,000Last sold price
1315 Sw 310th 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.
$3,919 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%.
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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 10 days.
$1,200,000 Sold
2 months ago
5 bd•2.5 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
$735,000 Sold
3 months ago
5 bd•2.5 ba•~3,330 sq ft•Single Family
31402 28th Place Sw, Federal Way, WA 98023
1%
Over list
—
Days on market
0.6 mi
Distance
$535,000 Sold
3 months ago
2 bd•1.75 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
$590,000 Sold
4 months ago
3 bd•1.5 ba•~1,610 sq ft•Single Family
2419 Sw 319th Place, Federal Way, WA 98023
2%
Under list
—
Days on market
0.9 mi
Distance
$582,000 Sold
4 months ago
4 bd•2.25 ba•~2,050 sq ft•Single Family
31222 22nd Avenue Sw, Federal Way, WA 98023
16%
Over list
—
Days on market
0.5 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 Aug 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.
