$619,450
Est. $3,307/mo4 bd•2.5 ba•1,850 sq ft
4259 Sw 338th Street, Federal Way, WA 98023
• Listed Jun 24, 2026•96 days active · 96 cumulative
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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: September 21, 2026 at 11:34pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2544648
Open houses
No upcoming open houses scheduled for this property.
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
Bathrooms
- 2 full bathrooms
- 1 half bathroom
Flooring
- Laminate
- Vinyl
- Carpet
Heating & cooling
- Forced Air heating
- Forced Air cooling
Neighborhood mobility
Walk, bike & transit scores
Source: Walk Score®, Bike Score® and Transit Score® are provided by Walk Score (walkscore.com), a third-party service. This is not Northwest MLS listing data.
Schools
Ratings via SchoolDiggerFederal Way School District
- Green Gables Elementary SchoolPublic · Grades PK-5 · State rank 650 of 1,1604/10
- Lakota Middle SchoolPublic · Grades 6-8 · State rank 391 of 5342/10
- Decatur High SchoolPublic · Grades 9-12 · State rank 382 of 4382/10
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.
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.
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
$3,929 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.
Market pulse
Federal Way is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 58 days.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Sep 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of September 21, 2026 at 11:34pm (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.
© 2026 Northwest Multiple Listing Service. All rights reserved.
HO
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