$588,850
Est. $3,262/moPrice reduced $60,000 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•144 days active · 144 cumulative
Listing Broker: BHGRE - Northwest Home Team; Brett Bonner; 253-606-0578; brettbonner@brettbonner.com
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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 29, 2026 at 12:58pm
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)
Kitchen
- Dishwasher
- Dryer
- Microwave
- Refrigerator
- Stove(s)/Range(s)
- Washer
Bedrooms
- 4 bedrooms total
- 4 on the main level
Bathrooms
- 1 full bathroom
- 1 three-quarter bathroom (shower, no tub)
- 1.75 bathrooms total (NWMLS count)
- 2 on the main level
Layout
- 1 Story
- 2,140 sq ft finished
Flooring
- Vinyl
- Carpet
Heating & cooling
- Forced Air heating
- None cooling
Schools
Ratings via SchoolDiggerFederal Way School District
- Olympic View Elementary SchoolPublic · Grades K-8 · State rank 1,038 of 1,1381/10
- Lakota Middle SchoolPublic · Grades 6-8 · State rank 295 of 5144/10
- 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.
Single-family home facts
As entered by the listing broker on Northwest MLS
Lot & site
- Topography
- Level,Partial Slope,Terraces
- Zoning jurisdiction
- County
- Faces
- South
Systems
- Energy source
- Natural Gas
- Power production
- Natural Gas
- Water heater
- gas
- Water heater location
- garage
- Power company
- PSE
- Water company
- Lakehaven
- Sewer company
- Lakehaven
- Gas company
- PSE
- Garbage service
- Waste Managment
- Irrigation water rights
- No
- Internet connected
- comcast
- Cable connected
- comcast
Rooms & extras
- Showers
- 2
- Fireplaces on main
- 2
New construction
- Square footage source
- tax
- Lot size source
- tax
- Effective year built source
- Public Records
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 32416 29th Avenue SW
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.
- Sep 29, 2026Price reducedNWMLS via MLS Grid · #2527688$588,850$275/sq ft
- May 27, 2026ListedNWMLS via MLS Grid · #2527688$648,850$303/sq ft
- Feb 2, 2005SoldNWMLS via MLS Grid · #24157680$264,900$124/sq ft
- Jan 24, 2005PendingNWMLS via MLS Grid · #24157680$264,950$124/sq ft
- Jan 24, 2005Price raisedNWMLS via MLS Grid · #24157680$264,950$124/sq ft
- Nov 22, 2004ListedNWMLS via MLS Grid · #24157680$259,950$121/sq ft
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.
Northwest MLS lists this home as eligible for down payment assistance programs
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
$3,930 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
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
Listing Broker: BHGRE - Northwest Home Team; Brett Bonner; 253-606-0578; brettbonner@brettbonner.com
Market pulse
Federal Way is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 61 days.
Recent sales nearby
Within 1 mile · last 6 months$645,000 Sold
3 days ago
4 bd•3 ba•~2,390 sq ft•Single Family
32708 19th Place SW, Federal Way, WA 98023
3%
Under list
84
Days on market
0.5 mi
Distance
$650,000 Sold
3 days ago
4 bd•2.75 ba•~2,050 sq ft•Single Family
33205 30th Avenue SW, Federal Way, WA 98023
0%
Over list
62
Days on market
0.5 mi
Distance
$585,000 Sold
4 days ago
3 bd•2.25 ba•~1,560 sq ft•Single Family
31550 39th Avenue SW, Federal Way, WA 98023
0%
Over list
70
Days on market
0.8 mi
Distance
$530,000 Sold
4 days ago
3 bd•1 ba•~1,290 sq ft•Single Family
33614 35th Avenue SW, Federal Way, WA 98023
2%
Under list
48
Days on market
0.8 mi
Distance
$593,000 Sold
5 days ago
3 bd•1.75 ba•~1,410 sq ft•Single Family
3339 SW 323rd Street, Federal Way, WA 98023
5%
Under list
62
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 Oct 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 18, 2026 at 2:16 PM PT (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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© 2026 Northwest Multiple Listing Service. All rights reserved.
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