$349,950
Est. $1,757/mo2 bd•1.5 ba•1,206 sq ft
32512 2nd Place S #184, Federal Way, WA 98003
• Listed 2026-06-25•New today
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Based on information submitted to the MLS GRID as of July 8, 2026 at 01:33am (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 easy-care living in the highly desirable, gated Colonial Forest community! This serene retreat offers a peaceful setting with mature landscaping and a charming neighborhood feel. Inside, you'll find a renovated, open kitchen boasting quartz countertops and striking fixtures, seamlessly connecting to a versatile dining space, set back from the living room that's anchored by a cozy fireplace. Head upstairs to find two spacious bedrooms, both featuring expansive walk-in closets. Enjoy modern finishes throughout, a private balcony, and a lower-level bonus room off the attached garage. Nestled in a prime location just minutes from the public library, parks, sports facilities, shopping, and dining, with an ideal commute to Joint Base Lewis-McChord and more! Water and sewer are included, and the community is FHA and VA approved! Come home to Colonial Forest today!
Listed by Cat Rowe • eXp Realty
Listing updated: July 8, 2026 at 01:33am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2548341
Open houses
No upcoming open houses scheduled for this property.
$445,000
+$95,050 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $419K and $542K.
Rental earnings
$1,325/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$542,000Last sold price
32824 3rd Place S, Federal Way, WA 98003

$535,000Last sold price
32305 10th Place S, Federal Way, WA 98003
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.
32512 2nd Place S #184, Federal Way, WA 98003
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.
$2,717 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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Dan Benz · NextHome South Sound
Federal Way is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
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 13 days.
$899,950 Sold
4 weeks ago
5 bd•2.5 ba•~2,810 sq ft•Single Family
30327 11th Place S, Federal Way, WA 98003
0%
Over list
—
Days on market
0.9 mi
Distance
$740,000 Sold
7 weeks ago
3 bd•2.5 ba•~2,070 sq ft•Single Family
2811 S 375th Place #lot11, Federal Way, WA 98003
6%
Under list
—
Days on market
0.9 mi
Distance
$929,285 Sold
2 months ago
5 bd•2 ba•~3,019 sq ft•Single Family
30307 11th Place S, Federal Way, WA 98003
0%
Over list
—
Days on market
0.9 mi
Distance
$830,000 Sold
3 months ago
•Single Family
115 S 339th Circle, Federal Way, WA 98003
5%
Under list
—
Days on market
0.8 mi
Distance
$609,750 Sold
5 months ago
3 bd•1.5 ba•~1,780 sq ft•Single Family
31142 3rd Court S, Federal Way, WA 98003
0%
Over list
—
Days on market
0.9 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.