Active
Listed by Macartney McQuery • Redfin.
FOR SALE
$849,950
Est. $4,289/mo5 bd•2.5 ba•3,770 sq ft
2401 Sw 316th Street, Federal Way, WA 98023
• Listed 2026-06-05•1 day on market
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About this home
Rare opportunity: a charming cottage on a lush 1/3 acre lot featuring a coveted main-floor primary, ideal for multigen living, guests, or flexible living. Nestled on a quiet, tranquil block, this home blends character, space, and comfort. Step through the cheerful red Dutch door to brand-new flooring throughout the main level & a beautiful new staircase handrail. Crisp white millwork & built-ins enhance the home's timeless cottage appeal. The sunken formal living room features a classic fireplace and French doors, while the formal dining room offers a built-in buffet wall. The spacious kitchen with center island and gas cooking is flanked by the dining room on one side and an open eating area and wainscoted family room on the other, creating excellent flow for daily living and entertaining. The main-floor primary suite includes an oversized dressing room, two walls of closets, and an attached bath. A large den/office downstairs offers flexibility as a guest room or additional bedroom. Upstairs are oversized, sunlit bedrooms with treetop views, including a second primary-sized bedroom with WIC + updated bath w/ marble-topped vanity. Plus a dedicated laundry room, expansive unfinished attic & garage storage. Outside, a greenhouse & storage outbuilding complement the established gardens, level lawn, & towering trees, creating a truly park-like setting. Minutes to Puget Sound beaches, parks, shopping, & commuter routes. Character, space, & flexibility—this one checks every box.
Property type
Single Family
Year built
1966
Open houses
2 datesAround this home
RexMont Market Signal©
$946,000
+$96,050 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $698K and $996K.
Rental earnings
$2,850/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
Viewing 1 of 5
$840,000Last sold price
5 beds1.5 baths3,010 sq ft
2139 Sw 316th Street, Federal Way, WA 98023
$279/sq ft0.1 mi awaylarger lot7 years older
$750,000Last sold price
5 beds1.5 baths2,990 sq ft
1851 Sw 304th Street, Federal Way, WA 98023
$251/sq ft0.8 mi awaylarger lot15 years newer
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.
RexMont OfferEdge™
How much should you offer?
2401 Sw 316th Street, Federal Way, WA 98023
List price
$849,950
Down payment
$169,990
Consult a RexMont agent — Contact me now
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
- French Doors
- Hot Tub/Spa
- Security System
- Vaulted Ceiling(s)
- Walk-In Closet(s)
- Water Heater
- Wired for Generator
- Fireplace (wood burning)
- None basement
Kitchen
- Dishwasher
- Dryer
- Refrigerator
- Stove(s)/Range(s)
- Washer
Bedrooms
- 5 bedrooms total
Bathrooms
- 2 full bathrooms
- 1 half bathroom
Flooring
- Hardwood
- Stone
- Vinyl Plank
Heating & cooling
- Forced Air heating
- None cooling
Neighborhood mobility
Walk, bike & transit scores
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.
Mortgage payment forecast
$5,071 per month
Great ratePrincipal and interest
Property taxes
HOA dues
Home insurance
Takes about 5 minutes & won't affect your credit
Get pre-approvedPlan your offer with a RexMont buyer specialistWalk through escalation strategy, contingencies, and competing-offer risk in this neighborhoodCompare loan options30-yr fixed, 15-yr, FHA, VA, jumbo
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of June 6, 2026 at 05:04am (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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