$598,850
Est. $3,197/moPrice reduced $50,000 from the original $648,850 asking price
4 bd•1.75 ba•2,140 sq ft
32416 29th Avenue Sw, Federal Way, WA 98023
• Listed May 27, 2026•124 days active · 124 cumulative
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Listing Broker: BHGRE - Northwest Home Team; Brett Bonner; 253-606-0578; brettbonner@brettbonner.com
About this home
Spacious Federal Way rambler in the desirable Twin Lakes area offering approximately 2,140 sq ft of comfortable single-level living. This well-designed home features 4 bedrooms, including a large primary suite, plus two main living areas that provide excellent flexibility for everyday living, entertaining, working from home, hobbies, or multi-use space. The open and functional layout offers great separation between gathering areas and private bedroom spaces, creating a comfortable flow throughout the home. The generous living spaces provide room to relax and gather, while the large lot offers outdoor potential for gardening, play, pets, summer barbecues, or future personalization. An attached garage adds everyday convenience, and the location offers easy access to area parks, shopping, dining, schools, commuter routes, and Twin Lakes amenities. A great opportunity to enjoy space, flexibility, and single-level living in an established Federal Way neighborhood.
Listed by Brett Bonner • BHGRE - Northwest Home Team
Listing updated: September 18, 2026 at 11:35am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2527688
Around this home
How much should you offer?
32416 29th Avenue Sw, Federal Way, WA 98023
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
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.
Property details
Interior features
- Bath Off Primary
- Dining Room
- Fireplace
- Walk-In Closet(s)
- Water Heater
- 2 fireplaces (wood burning)
- None basement
Kitchen
- Dishwasher
- Dryer
- Microwave
- Refrigerator
- Stove(s)/Range(s)
- Washer
Bedrooms
- 4 bedrooms total
Bathrooms
- 1 full bathroom
- 2 half bathrooms
Flooring
- Vinyl
- Carpet
Heating & cooling
- Forced Air heating
- None cooling
Neighborhood mobility
Walk, bike & transit scores
Source: Walk Score®, Bike Score® and Transit Score® are provided by Walk Score (walkscore.com), a third-party service. This is not Northwest MLS listing data.
Schools
Ratings via SchoolDiggerFederal Way School District
- Olympic View ElementaryPublic · Grades K-5 · State rank 472 of 1,1386/10
- Lakota Middle SchoolPublic · Grades 6-8 · State rank 391 of 5342/10
- Federal Way Snr HighPublic · Grades High—
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.
Down payment assistance
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.
Mortgage payment forecast
$4,275 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
Ask about this home
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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.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Sep 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of September 18, 2026 at 11:35am (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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