$880,000
Listed at $887,0003 bd•2.5 ba•2,310 sq ft
4425 Sw 308th Street, Federal Way, WA 98023
• Listed 2026-07-17
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Situated on two large secluded lots on a private lake, this is a rare opportunity to own a custom home in your very own natural wonderland! The serene setting is ideal for gardening, relaxation, play, or heading over to Dumas Bay Sanctuary which offers a short path to the Puget Sound. Your villa on the lake features a supremely functional floor plan with an updated kitchen connected to a den, perfect for socializing during gatherings. The sun-filled formal living room includes a fireplace and French doors that open to the Mediterranean style enclosed patio, ideal for outdoor summer dining, lounging etc... A spacious primary bedroom offers an en-suite bathroom, walk-in closet, fireplace and private balcony. The rear property line gazes upon a verdant woodland that buffers the Palisades Retreat Center. An Adjacent 17,959SF undeveloped lot is also available (sold separately). This is a one-of-a-kind property in a truly fantastic location. Near Twin Lakes Golf & Country Club, Dash Point State Park and more!
Listed by Allie Howard • COMPASS
Listing updated: August 31, 2026 at 04:07am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2556688
Neighborhood mobility
Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.
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 9 days.
$600,000 Sold
8 weeks ago
3 bd•2.5 ba•~1,810 sq ft•Single Family
31646 45th Place Sw, Federal Way, WA 98023
0%
Over list
—
Days on market
0.5 mi
Distance
$765,000 Sold
3 months ago
4 bd•2.5 ba•~3,680 sq ft•Single Family
4059 Sw 321st Street, Federal Way, WA 98023
1%
Under list
—
Days on market
0.8 mi
Distance
$2,300 Sold
3 months ago
2 bd•Single Family
4514 Sw 319th Place #d, Federal Way, WA 98023
0%
Over list
—
Days on market
0.6 mi
Distance
$1,200,000 Sold
3 months ago
5 bd•2.5 ba•~3,580 sq ft•Single Family
3005 Sw 300th Place, Federal Way, WA 98023
8%
Under list
—
Days on market
0.9 mi
Distance
$675,000 Sold
4 months ago
4 bd•2.5 ba•~1,750 sq ft•Single Family
4136 Sw 321st St, Federal Way, WA 98023
1%
Under list
—
Days on market
0.8 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 Sep 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of August 31, 2026 at 04:07am (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.
Equal Housing Opportunity. RexMont Real Estate is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
Open houses
2 dates$718,000
-$162,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $590K and $700K.
Rental earnings
$2,150/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$590,000Last sold price
4736 Sw 314th Place, Federal Way, WA 98023
$653,000Last sold price
31949 36th Avenue Sw, 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.
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