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Listed by Aline Ricardo • Designed Realty.
FOR SALE

$619,450

Est. $3,307/mo

4 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

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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

Property type
Single Family
Year built
1989
Interior
1,850 sq ft
Lot size
0.212 acres
Parking
Attached Garage
Price / sq ft
$335
HeatingForced Air
CoolingForced Air
Property taxes$5,599.51/yr (est.)
School districtFederal Way

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

RexMont OfferEdge™

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4259 Sw 338th Street, Federal Way, WA 98023

List price
$619,450
Down payment
$123,890

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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 SchoolDigger

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.

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 rate
Principal and interest
Property taxes
HOA dues
Home insurance

Takes about 5 minutes & won't affect your credit

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Source: 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%.

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Listing Broker: Designed Realty; Aline Ricardo; 425-499-0932; aline.r.ricardo16@gmail.com

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Market pulse

Federal Way is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market
  • 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.

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Market 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.

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