$870,000
Est. $4,436/mo4 bd•3 ba•2,970 sq ft
5201 Sw 318th Court, Federal Way, WA 98023
• Listed 2026-07-23•2 days on market
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of July 26, 2026 at 01:12pm (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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Pride of ownership shines throughout this one-owner, custom-built home, nestled on a private 0.87-acre lot. This spacious 4-bedroom home features a well-designed floor plan with a generous kitchen that opens to the inviting family room, creating the perfect space for everyday living and entertaining. Formal living and dining rooms provide elegant spaces for hosting friends. Step outside to enjoy a peaceful, private flat yard and garden.A rare, main-floor bedroom, located next to a full bathroom, offers flexible living and can easily be used as a home office or guest room. Two bedrooms plus a primary bedroom with walk in closet and large bathroom complete the upstairs. Enjoy morning coffee on the primary deck over looking the garden.Outside, you'll find a detached outbuilding ideal for use as a workshop, extra garage, or hobby space. Surrounded by a peaceful, private setting, this well-maintained property combines comfort, versatility, and room to grow.
Listed by Kathy Filbert • RSVP Brokers ERA
Listing updated: July 26, 2026 at 01:12pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2557173
Open houses
No upcoming open houses scheduled for this property.
$853,000
-$17,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $653K and $770K.
Rental earnings
$2,550/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$670,000Last sold price
4528 Sw 316th Place, Federal Way, WA 98023
$770,000Last sold price
4624 Sw 329th Way, 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.
5201 Sw 318th Court, 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
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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.
$600,000 Sold
3 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
0.4 mi
Distance
$765,000 Sold
7 weeks 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
0.7 mi
Distance
$2,300 Sold
8 weeks ago
2 bd•Single Family
4514 Sw 319th Place #d, Federal Way, WA 98023
0%
Over list
—
Days on market
0.4 mi
Distance
$675,000 Sold
2 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
0.6 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
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
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.
