$950,000
Est. $4,814/mo4 bd•2.5 ba•3,265 sq ft
35816 2nd Avenue Sw, Federal Way, WA 98023
• Listed 2026-06-04•1 day on market
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of June 11, 2026 at 09:23am (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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Welcome to the sought-after Bainbridge plan at Retreat Meadows, offering the perfect blend of flexibility, comfort, and modern living. A standout feature is the private lower-level ADU, complete with its own entrance, living area, bedroom, kitchenette, laundry, and full bath—ideal for multigenerational living, guests, or potential rental income. The main residence showcases an open-concept design with a spacious family room centered around a cozy gas fireplace, a gourmet kitchen featuring quartz countertops, double ovens, and abundant storage, plus a dining area perfect for everyday living and entertaining. Upstairs, retreat to the oversized primary suite, accompanied by two additional bedrooms, a versatile loft, dedicated office space, and convenient upper-level laundry. Thoughtfully appointed with keyless entry, Smart Home Automation, tankless water heater, air conditioning, and a fully fenced, professionally landscaped backyard with sprinkler system all situated on a corner lot. Ideally located near shopping, dining, parks, and major commuter routes, this exceptional home offers convenience, versatility, and contemporary style. Don't miss the potential to expand the backyard to more than twice the size by extending the fence northward. Welcome home!
Listed by Loren D. Ellingson • Redfin
Listing updated: June 11, 2026 at 09:23am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2533131
Open houses
5 datesNearby open houses (3)
See more →
Open Sat, Jun 13 +110:00 AM – 4:00 PM
$1.04M5 bd · 3 ba · 2,962 sqft
34204 Sw 19th (lot 35) Avenue Sw, Federal Way, WA 98023
$1,091,000
+$141,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $750K and $1.03M.
Rental earnings
$3,275/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$990,490Last sold price
324 Sw 365th St #7, Federal Way, WA 98023
$1,030,000Last sold price
36515 3rd Place Sw #5, 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.
35816 2nd Avenue Sw, 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.
$6,094 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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Open Sat, Jun 13 +111:00 AM – 4:00 PM
$1.03M5 bd · 3 ba · 2,964 sqft
34248 Sw 19th (lot 27) Avenue Sw, Federal Way, WA 98023
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 4 days.
$567,000 Sold
2 months ago
3 bd•2.5 ba•~1,790 sq ft•Single Family
1223 Sw 353rd Street, Federal Way, WA 98023
1%
Under list
—
Days on market
0.7 mi
Distance
$588,500 Sold
5 months ago
3 bd•2 ba•~1,444 sq ft•Single Family
35616 15th Ave Sw, Federal Way, WA 98023
1%
Over list
—
Days on market
0.8 mi
Distance
$726,000 Sold
5 months ago
4 bd•2.5 ba•~2,870 sq ft•Single Family
35031 8th Place Sw, Federal Way, WA 98023
2%
Over list
—
Days on market
0.6 mi
Distance
$490,000 Sold
5 months ago
3 bd•2 ba•~1,232 sq ft•Single Family
36935 4th Avenue Sw, Federal Way, WA 98023
2%
Over list
—
Days on market
0.8 mi
Distance
$550,000 Sold
5 months ago
2 bd•1 ba•~940 sq ft•Single Family
37226 1st Avenue Sw, Federal Way, WA 98023
0%
Over list
—
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?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 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.
