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← Back to search results/Federal Way, WA/29816 23rd Avenue SW
1 / 40SOLD SEP 18, 2026
Listed by Roman Shulyak • Kronos Real Estate. Buyer represented by Better Properties Eastside.
SOLD SEP 18, 2026

$2,900,000

Listed at $3,098,000

5 bd•5 ba•6,820 sq ft

29816 23rd Avenue SW, Federal Way, WA 98023

• Listed Jun 1, 2026

RexMont Market Signal for 29816 23rd Avenue SW

Sold price on record

RexMont Market Signal $2,900,000

Closed sale price · as of September 18, 2026, the day it sold.

Estimate, not an appraisal.

Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID; King County Assessor records.

Your home value, prepared by the designated broker

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Listing Broker: Kronos Real Estate; Roman Shulyak; 253-583-6494; roman@kronosgroupre.com

Buyer Broker: Better Properties Eastside

About this home

Introducing a once-in-a-lifetime architectural masterpiece in the coveted Adelaide neighborhood of Federal Way. This extraordinary 6,820 sqft custom estate with 5 bedrooms and 5 baths was designed to capture commanding, unobstructed views of the Puget Sound and surrounding mountains through breathtaking walls of floor-to-ceiling glass. A dramatic 5’x8’ pivot entry door welcomes you into soaring 10'+ceilings, a grand floating staircase, European hardwood floors, and 3 custom fireplaces.The chef’s kitchen is nothing short of spectacular, showcasing floor-to-ceiling Tafisa Lumnia cabinetry, stunning Taj Mahal quartzite, Z-Line professional appliances, an oversized statement island, and a fully appointed butler’s pantry. The main-level primary suite is a private sanctuary with its own view deck, spa-caliber 5-piece bath adorned with custom tile, Brassna fixtures, heated floors, and a freestanding soaking tub. 3 bedroom offers en-suite luxury. The lower level is designed for unforgettable entertaining or multi-generational living, featuring a 2nd kitchen, theater or guest suite, and an impressive 10-person steam and sauna retreat. A 950 sqft garage with soaring ceilings, epoxy floors, custom built-ins, and oversized doors elevates the experience even further. Set on a meticulously landscaped half-acre with three expansive view decks and a grand driveway, this residence is the epitome of elegance, craftsmanship, and refined Northwest luxury.

Property type
Single Family
Year built
2025
Interior
6,820 sq ft
Lot size
0.5682 acres
Parking
3-car garage
Price / sq ft
$425
Heating90%+ High Efficiency, Forced Air, Heat Pump
Cooling90%+ High Efficiency, Forced Air, Heat Pump
Property taxes$20,844/yr (est.)
School districtFederal Way

Listed by Roman Shulyak • Kronos Real Estate

Listing updated: September 18, 2026 at 03:10pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2532755

Around this home

Property details

Interior features

  • Bath Off Primary
  • Dbl Pane/Storm Window
  • Dining Room
  • Fireplace
  • French Doors
  • Pantry
  • Sprinkler System
  • Vaulted Ceiling(s)
  • Walk-In Closet(s)
  • Water Heater
  • Wet Bar
  • Wine/Beverage Refrigerator
  • 3 fireplaces (gas)
  • Finished basement

Kitchen

  • Dishwasher
  • Disposal
  • Dryer
  • Microwave
  • Refrigerator
  • Stove(s)/Range(s)
  • Washer

Bedrooms

  • 5 bedrooms total
  • 1 on the main level
  • 3 upstairs
  • 1 on the lower level

Bathrooms

  • 3 full bathrooms
  • 2 three-quarter bathrooms (shower, no tub)
  • 1 half bathroom
  • 5 bathrooms total (NWMLS count)
  • 2 on the main level

Layout

  • 2 Stories w/Bsmnt
  • 6,820 sq ft finished
  • 950 sq ft garage

Flooring

  • Ceramic Tile
  • Engineered Hardwood
  • Carpet

Heating & cooling

  • 90%+ High Efficiency heating
  • Forced Air heating
  • Heat Pump heating
  • 90%+ High Efficiency cooling
  • Forced Air cooling
  • Heat Pump cooling

Schools

Ratings via SchoolDigger

Federal Way School District

  • Buyer To Verify
    Public · Grades Elementary
    —
  • Buyer To Verify
    Public · Grades Middle
    —
  • Buyer To Verify
    Public · 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
Zoning jurisdiction
City

Systems

Energy source
Natural Gas
Power production
Natural Gas
Water heater
Electric
Water heater location
Utility Room
Power company
PSE
Water company
Lakehaven
Sewer company
Lakehaven
Gas company
PSE
Garbage service
VM
Irrigation water rights
No
Internet connected
Xfinity
Cable connected
Xfinity

Rooms & extras

Bathtubs
3
Showers
5
Fireplaces on main
1
Fireplaces upstairs
1
Fireplaces lower level
1

New construction

New construction state
Completed
Estimated completion
Oct 1, 2025
Construction methods
Standard Frame
Square footage source
Public Records
Lot size source
Public Records
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.

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The members' report

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Sales & Tax Records for 29816 23rd Avenue SW

NWMLS via MLS Grid · King County Assessor

Every 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.

  1. Sep 18, 2026
    Sold
    NWMLS via MLS Grid · #2532755
    $2,900,000
    $425/sq ft
  2. Jul 7, 2026
    Pending
    NWMLS via MLS Grid · #2532755
    $3,098,000
    $454/sq ft
  3. Jun 1, 2026
    Listed
    NWMLS via MLS Grid · #2532755
    $3,098,000
    $454/sq ft
  4. Mar 8, 2024
    Sold
    NWMLS via MLS Grid · #2205452
    $460,000
    $67/sq ft
  5. Mar 3, 2024
    Pending
    NWMLS via MLS Grid · #2205452
    $425,000
    $62/sq ft
  6. Mar 1, 2024
    Listed
    NWMLS via MLS Grid · #2205452
    $425,000
    $62/sq ft

Market pulse

Federal Way is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market
  • 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 78 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $1,190,000 Sold

    1 week ago

    3 bd•1.75 ba•~1,862 sq ft•Single Family

    3136 SW 302nd Place, Federal Way, WA 98023

    5%

    Under list

    51

    Days on market

    0.6 mi

    Distance

  • $949,000 Sold

    1 week ago

    4 bd•3.25 ba•~2,580 sq ft•Single Family

    30017 24th Avenue SW, Federal Way, WA 98023

    0%

    Over list

    40

    Days on market

    0.2 mi

    Distance

  • $790,000 Sold

    2 weeks ago

    5 bd•3.5 ba•~4,200 sq ft•Single Family

    558 SW 298th Street, Federal Way, WA 98023

    6%

    Under list

    204

    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?

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Market data from MLS GRID / NWMLS · Updated Nov 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 November 6, 2026 at 4:04 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.

Some IDX listings have been excluded from this website.

© 2026 Northwest Multiple Listing Service. All rights reserved.

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