$625,000
Est. $3,187/mo4 bd•1.5 ba•2,120 sq ft
2307 Sw 323rd St, Federal Way, WA 98023
• Listed 2026-07-01•New today
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Based on information submitted to the MLS GRID as of July 28, 2026 at 05:40pm (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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Welcome to this beautifully updated tri-level home in the highly desirable Twin Lakes community! Offering 2,120 square feet of comfortable living space, this home blends timeless character with modern updates. Enjoy gleaming hardwood floors, fresh interior and exterior paint, a brand-new roof and a new water heater for years of added peace of mind. Cozy up by the wood-burning fireplace in the main living room or the gas fireplace in the lower-level family room. The spacious dining area opens to a large covered deck with hot tub, creating the perfect setting for entertaining or unwinding. Below, a large patio with retractable awning provides another ideal outdoor living space. The private backyard is a true retreat, where the soothing sounds of a peaceful stream and water feature can be enjoyed from both the deck and patio. Mature fruit trees, a storage shed and lush surroundings create a tranquil outdoor oasis you'll love year-round. An unfinished 680sf basement provides exceptional storage and endless possibilities for a workshop or hobby space. Conveniently located near light rail, transit, shopping, freeway access and top-rated schools, this move-in ready home offers the perfect balance of comfort, convenience, and space. Don't miss this exceptional opportunity!
Listed by Mike Trout • John L. Scott, Inc.
Listing updated: July 28, 2026 at 05:40pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2546877
Open houses
2 dates$649,000
+$24,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $645K and $660K.
Rental earnings
$1,950/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$650,000Last sold price
2606 Sw 323rd Street, Federal Way, WA 98023

$645,000Last sold price
3500 Sw 325th Street, 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.
2307 Sw 323rd St, 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.
Neighborhood mobility
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
$3,945 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedEstimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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Federal Way is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 10 days.
$599,990 Sold
3 weeks ago
4 bd•1.5 ba•~2,170 sq ft•Single Family
33136 35th Avenue Sw, Federal Way, WA 98023
0%
Over list
—
Days on market
0.8 mi
Distance
$650,000 Sold
2 months ago
4 bd•1.5 ba•~1,810 sq ft•Single Family
32719 40th Avenue Sw, Federal Way, WA 98023
4%
Over list
—
Days on market
1.0 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
0.5 mi
Distance
$760,000 Sold
3 months ago
4 bd•2.5 ba•~2,250 sq ft•Single Family
33343 12th Avenue Sw, Federal Way, WA 98023
6%
Over list
—
Days on market
0.9 mi
Distance
$650,000 Sold
3 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
0.7 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 Jul 2026
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.