$606,450
Est. $3,359/moPrice reduced $13,000 from the original $619,450 asking price
4 bd•2.5 ba•1,850 sq ft
4259 SW 338th Street, Federal Way, WA 98023
• Listed Jun 24, 2026•116 days active · 116 cumulative
Listing Broker: Designed Realty; Aline Ricardo; 425-499-0932; aline.r.ricardo16@gmail.com
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Listing Broker: Designed Realty; Aline Ricardo; 425-499-0932; aline.r.ricardo16@gmail.com
About this home
Welcome to this beautifully refreshed Federal Way home, perfectly situated on a spacious lot in the highly desirable Wedgewood West cul-de-sac. Offering four bedrooms, two-and-a-half bathrooms, and a distinctive three-level design, this home blends comfort, character, and versatility with space to grow, gather, and create lasting memories. Abundant natural light pours through large windows, illuminating the thoughtfully designed living spaces and showcasing breathtaking sunset views that provide a stunning backdrop to everyday life. Each level offers its own unique charm while maintaining a seamless flow throughout the home. Step outside to enjoy the private, fully fenced backyard and two expansive decks—ideal for entertaining, summer barbecues, gatherings, or simply unwinding in a peaceful setting. The versatile lower level provides additional living space with endless possibilities, whether you envision a guest retreat, recreation room, home office, fitness area, or creative studio. Conveniently located within the Federal Way School District and just minutes from local beaches, golf courses, state parks, shopping, dining, medical facilities, and everyday amenities, this home offers the perfect balance of tranquility and accessibility.From the welcoming neighborhood and beautiful sunsets to the generous living spaces and opportunity to make it your own, this is more than a house—it's a place to call home. Don't miss your chance to own a truly special property in
Listed by Aline Ricardo • Designed Realty
Listing updated: October 2, 2026 at 12:42pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2544648
Around this home
How much should you offer?
4259 SW 338th Street, 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
- Ceiling Fan(s)
- Dining Room
- Vaulted Ceiling(s)
Kitchen
- Dishwasher
- Disposal
- Microwave
- Refrigerator
- Stove(s)/Range(s)
Bedrooms
- 4 bedrooms total
- 3 upstairs
- 1 on the lower level
Bathrooms
- 2 full bathrooms
- 1 half bathroom
- 2.5 bathrooms total (NWMLS count)
Layout
- Multi Level
- 1,850 sq ft finished
Flooring
- Laminate
- Vinyl
- Carpet
Heating & cooling
- Forced Air heating
- Forced Air cooling
Schools
Ratings via SchoolDiggerFederal Way School District
- Green Gables Elementary SchoolPublic · Grades PK-5 · State rank 650 of 1,1384/10
- Lakota Middle SchoolPublic · Grades 6-8 · State rank 295 of 5144/10
- Decatur High SchoolPublic · Grades 9-12 · State rank 338 of 3962/10
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
- Partial Slope
Systems
- Energy source
- Electric,Natural Gas
- Power production
- Electric, Natural Gas
- Power company
- PSE
- Water company
- Lakehaven
- Sewer company
- Lakehaven
- Irrigation water rights
- No
New construction
- Square footage source
- NMLS
- Lot size source
- NMLS
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 4259 SW 338th Street
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.
- Oct 2, 2026Price reducedNWMLS via MLS Grid · #2544648$606,450$328/sq ft
- Jun 24, 2026ListedNWMLS via MLS Grid · #2544648$619,450$335/sq ft
- Nov 29, 2021SoldNWMLS via MLS Grid · #1856580$570,000$308/sq ft
- Oct 27, 2021PendingNWMLS via MLS Grid · #1856580$539,950$292/sq ft
- Oct 21, 2021ListedNWMLS via MLS Grid · #1856580$539,950$292/sq ft
- Jun 28, 1989Recorded saleKing County recorder · Warranty deed$94,900$51/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
$3,978 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: Designed Realty; Aline Ricardo; 425-499-0932; aline.r.ricardo16@gmail.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$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
0.7 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
0.4 mi
Distance
$550,000 Sold
1 week ago
4 bd•1.75 ba•~1,750 sq ft•Single Family
33411 29th Place SW, Federal Way, WA 98023
4%
Over list
36
Days on market
0.6 mi
Distance
$550,000 Sold
3 weeks ago
3 bd•2 ba•~1,410 sq ft•Single Family
2662 SW 332nd Street, Federal Way, WA 98023
0%
Over list
—
Days on market
0.9 mi
Distance
$510,000 Sold
3 weeks ago
3 bd•1.75 ba•~1,680 sq ft•Single Family
34413 28th Place SW, Federal Way, WA 98023
4%
Under list
64
Days on market
0.7 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.
Some IDX listings have been excluded from this website.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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