$800,000
Est. $4,117/mo5 bd•2.5 ba•3,770 sq ft
2401 Sw 316th Street, Federal Way, WA 98023
• Listed 2026-06-05•17 days on market
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Based on information submitted to the MLS GRID as of July 31, 2026 at 12:42pm (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.
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MOTIVATED SELLER! House will be on market for the next 30 days, don't miss out! Charming home on a lush 1/3 acre lot featuring a coveted main-floor primary, ideal for multigen living flexible living, with two primary beds! 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 + laundry room, expansive unfinished attic & garage storage. Outside, a greenhouse & storage outbuilding complement the established gardens, level lawn, & towering trees, creating a park-like setting. Mins to Puget Sound beaches, parks, shopping, & commuter routes.
Listed by Macartney McQuery • Redfin
Listing updated: July 31, 2026 at 12:42pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2535698
Open houses
4 dates$946,000
+$146,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $679K and $996K.
Rental earnings
$2,850/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$679,000Last sold price
3114 Sw 313th Place, Federal Way, WA 98023

$750,000Last sold price
31611 37th Avenue Sw, 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.
2401 Sw 316th Street, 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.
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•Single Family
1248 Sw 312th Street, Federal Way, WA 98023
18%
Under list
—
Days on market
0.6 mi
Distance
$655,900 Sold
2 months ago
4 bd•2.5 ba•~2,440 sq ft•Single Family
32417 29th Avenue Sw, Federal Way, WA 98023
0%
Under list
—
Days on market
0.6 mi
Distance
$485,000 Sold
3 months ago
3 bd•1 ba•~1,208 sq ft•Single Family
33004 29th Avenue Sw, Federal Way, WA 98023
2%
Under list
—
Days on market
0.9 mi
Distance
$650,000 Sold
4 months ago
3 bd•2.5 ba•~2,020 sq ft•Single Family
32026 11th Avenue Sw, Federal Way, WA 98023
0%
Over list
—
Days on market
0.8 mi
Distance
$660,000 Sold
4 months ago
4 bd•2.25 ba•~1,824 sq ft•Single Family
31421 41st Avenue Sw, Federal Way, WA 98023
2%
Over list
—
Days on market
1.0 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
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.