$1,295,000
2 bd•2.25 ba•2,085 sq ft
306 SW 292nd Street, Federal Way, WA 98023
• Listed Apr 16, 2026
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Listing Broker: Windermere RE Magnolia; Veronique Hval; 206-284-8989
Buyer Broker: Windermere Real Estate/East
About this home
Industrial sophistication meets California–coastal ease w/ this striking low-bank Redondo waterfront home. Architecturally reimagined for clean aesthetics & everyday practicality, the interior—evocative of Olson Kundig—pairs steel, concrete, wood & glass to blend quiet drama w/ relaxed comfort: a true Pacific Northwest retreat. Generously scaled, open rooms, vaulted ceilings, & a custom staircase create an ideal fusion of urban edge & sea rejuvenation. Step out to layered decks & patios to breathe in the salt air & listen to gentle waves roll across your private shoreline—a seamless indoor–outdoor connection. The upper level unfolds as a playful, private primary loft suite, offering treehouse-like serenity & comfort. Exceptionally versatile, the home can live as one residence or two, w/ the lower-level functioning as separate MIL quarters & potential short-term/income-producing rental. Outside, the grounds cascade to the water’s edge in layered gardens & intimate sanctuaries. A concrete pad at the shoreline is perfect for launching kayaks & paddleboards; anchor your boat before you & explore the islands across the bay. From beach walks to sunset paddles, Puget Sound is truly your backyard playground. Conveniently located, the property offers easy access to Light Rail, public transit to downtown Seattle, major freeways, & Sea-Tac International Airport. Whether a weekend pied-à-terre or primary residence, this home delivers a rare blend of design, lifestyle, & flexibility.
Listed by Veronique Hval • Windermere RE Magnolia
Listing updated: June 22, 2026 at 04:05am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2504293
Around this home
Property details
Interior features
- Second Kitchen
- Bath Off Primary
- Dbl Pane/Storm Window
- Skylight(s)
- Vaulted Ceiling(s)
- Walk-In Closet(s)
- Water Heater
- Daylight, Finished basement
Kitchen
- Dishwasher
- Disposal
- Dryer
- Refrigerator
- Stove(s)/Range(s)
- Washer
Bedrooms
- 2 bedrooms total
- 1 upstairs
- 1 on the lower level
Bathrooms
- 1 full bathroom
- 1 three-quarter bathroom (shower, no tub)
- 1 half bathroom
- 2.25 bathrooms total (NWMLS count)
- 1 on the main level
Layout
- 1 1/2 Stry w/Bsmt
- 2,085 sq ft finished
Flooring
- Ceramic Tile
- Concrete
- Engineered Hardwood
Heating & cooling
- Forced Air heating
- None cooling
Schools
Ratings via SchoolDiggerSchool information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.
Single-family home facts
As entered by the listing broker on Northwest MLS
Lot & site
- Topography
- Level,Terraces
Systems
- Energy source
- Natural Gas
- Power production
- Natural Gas
- Water heater
- Gas
- Power company
- PSE
- Water company
- Lakehaven
- Sewer company
- Lakehaven
- Gas company
- PSE
- Irrigation water rights
- No
New construction
- Square footage source
- Realist
- Lot size source
- Realist
Manufactured home
- Land lease
- No
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 306 SW 292nd Street
NWMLS via MLS Grid · King County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- May 22, 2026SoldNWMLS via MLS Grid · #2504293$1,295,000$621/sq ft
- Apr 21, 2026PendingNWMLS via MLS Grid · #2504293$1,295,000$621/sq ft
- Apr 16, 2026ListedNWMLS via MLS Grid · #2504293$1,295,000$621/sq ft
- Aug 10, 2018SoldNWMLS via MLS Grid · #1315607$860,000$412/sq ft
- Jun 25, 2018PendingNWMLS via MLS Grid · #1315607$849,000$407/sq ft
- Jun 23, 2018ListedNWMLS via MLS Grid · #1315607$849,000$407/sq ft
Market pulse
Federal Way is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
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 58 days.
Recent sales nearby
Within 1 mile · last 6 months$520,000 Sold
1 week ago
3 bd•1 ba•~1,310 sq ft•Single Family
413 SW 305th Street, Federal Way, WA 98023
0%
Over list
63
Days on market
0.8 mi
Distance
$1,250,000 Sold
2 weeks ago
4 bd•3 ba•~2,570 sq ft•Single Family
921 SW 296th Street, Federal Way, WA 98023
0%
Over list
54
Days on market
0.5 mi
Distance
$640,000 Sold
2 weeks ago
4 bd•2.75 ba•~1,720 sq ft•Single Family
29853 8th Avenue SW, Federal Way, WA 98023
4%
Under list
55
Days on market
0.6 mi
Distance
$490,000 Sold
6 weeks ago
3 bd•1.5 ba•~1,560 sq ft•Single Family
606 SW 302nd Street, Federal Way, WA 98023
2%
Under list
55
Days on market
0.7 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 Oct 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of June 22, 2026 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.
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.
HO
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