$925,000
Est. $5,124/moPrice reduced $125,000 from the original $1,050,000 asking price
5 bd•2.75 ba•3,060 sq ft
31422 7th Place SW, Federal Way, WA 98023
• Listed Jul 23, 2026•85 days active · 85 cumulative
Listing Broker: Redfin; Troy Rothermel; 206-595-9057; troy.rothermel@redfin.com
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Listing Broker: Redfin; Troy Rothermel; 206-595-9057; troy.rothermel@redfin.com
About this home
Welcome to this exceptional gated Mirror Lake home offering 40 feet of shoreline, breathtaking water views, and thoughtfully designed spaces with hardwood floors and custom details throughout. The gourmet kitchen is beautifully appointed with Silestone countertops, stainless steel appliances, a beverage refrigerator, breakfast bar, and a large sunny eating nook. French doors open to a private courtyard and garden, creating a seamless connection between indoor and outdoor living. The main floor features a convenient bedroom and a versatile office, gym, or hobby room. The inviting living room showcases crown molding, a gas fireplace, and unobstructed lake views. Upstairs, the spacious primary suite offers a walk-in closet and a spa-inspired bath featuring a soaking tub, heated towel rack, bidet, and skylight. Outside, enjoy the expansive deck with a hot tub, outdoor shower, and peaceful lakefront surroundings perfect for recreation or quiet evenings. A 910 sq ft detached garage and 600 sq ft covered RV carport provide exceptional storage and flexibility. This remarkable waterfront property combines timeless comfort, quality finishes, and an outstanding setting for enjoying the beauty of Mirror Lake. Mortgage savings may be available for buyers of this listing.
Listed by Troy Rothermel • Redfin
Listing updated: October 16, 2026 at 10:57am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2558095
Around this home
How much should you offer?
31422 7th Place SW, Federal Way, WA 98023
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)
- Dbl Pane/Storm Window
- Dining Room
- Fireplace
- French Doors
- Skylight(s)
- Walk-In Closet(s)
- Water Heater
- Wine/Beverage Refrigerator
- Wired for Generator
- Fireplace (gas)
- Unfinished basement
Kitchen
- Dishwasher
- Dryer
- Microwave
- Refrigerator
- Stove(s)/Range(s)
- Washer
Bedrooms
- 5 bedrooms total
- 1 on the main level
- 4 upstairs
Bathrooms
- 2 full bathrooms
- 1 three-quarter bathroom (shower, no tub)
- 2.75 bathrooms total (NWMLS count)
- 1 on the main level
Layout
- 2 Story
- 3,060 sq ft finished, 280 sq ft unfinished
- 910 sq ft garage
Flooring
- Ceramic Tile
- Hardwood
- Carpet
Heating & cooling
- Forced Air heating
- Heat Pump cooling
Schools
Ratings via SchoolDiggerFederal Way School District
- Buyer To VerifyPublic · Grades Elementary—
- Buyer To VerifyPublic · Grades Middle—
- Buyer To VerifyPublic · Grades High—
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.
Single-family home facts
As entered by the listing broker on Northwest MLS
Lot & site
- Topography
- Level,Partial Slope
- Vegetation
- Fruit Trees, Garden Space
- Bus route
- Near Link Light Rail
Systems
- Energy source
- Electric,Natural Gas
- Power production
- Electric, Natural Gas
- Water heater
- Tankless
- Water heater location
- Basement/Crawlspace
- Power company
- PSE
- Water company
- Lakehaven
- Sewer company
- Lakehaven
- Gas company
- PSE
- Garbage service
- Waste Management
- Irrigation water rights
- No
- Internet connected
- Spectrum
- Cable connected
- Spectrum
Rooms & extras
- Spa
- Yes
- Bathtubs
- 2
- Showers
- 3
- Fireplaces on main
- 1
New construction
- Square footage source
- Realist - Buyer to Verify
- Lot size source
- Realist - Buyer to Verify
Manufactured home
- Land lease
- No
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 31422 7th Place SW
NWMLS via MLS Grid · King County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Oct 16, 2026Price reducedNWMLS via MLS Grid · #2558095$925,000$302/sq ft
- Jul 23, 2026ListedNWMLS via MLS Grid · #2558095$1,050,000$343/sq ft
- Jul 19, 2013SoldNWMLS via MLS Grid · #492091$510,000$167/sq ft
- Jun 7, 2013PendingNWMLS via MLS Grid · #492091$525,000$172/sq ft
- May 24, 2013ListedNWMLS via MLS Grid · #492091$525,000$172/sq ft
- Mar 6, 1997Recorded saleKing County recorder · Statutory warranty deed$272,000$89/sq ft
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.
Northwest MLS lists this home as eligible for down payment assistance programs
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
$6,122 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: 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%.
Ask about this home
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
Listing Broker: Redfin; Troy Rothermel; 206-595-9057; troy.rothermel@redfin.com
Market pulse
Federal Way is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 61 days.
Recent sales nearby
Within 1 mile · last 6 months$550,000 Sold
3 weeks ago
2 bd•1.75 ba•~1,310 sq ft•Single Family
31024 6th Lane SW, Federal Way, WA 98023
4%
Under list
98
Days on market
0.2 mi
Distance
$520,000 Sold
3 weeks ago
3 bd•1 ba•~1,310 sq ft•Single Family
413 SW 305th Street, Federal Way, WA 98023
0%
Over list
63
Days on market
0.6 mi
Distance
$640,000 Sold
4 weeks ago
4 bd•2.75 ba•~1,720 sq ft•Single Family
29853 8th Avenue SW, Federal Way, WA 98023
4%
Under list
55
Days on market
0.9 mi
Distance
$599,000 Sold
7 weeks ago
3 bd•2.5 ba•~1,750 sq ft•Single Family
822 SW 314th Place, Federal Way, WA 98023
0%
Over list
25
Days on market
0.1 mi
Distance
$490,000 Sold
7 weeks ago
3 bd•1.5 ba•~1,560 sq ft•Single Family
606 SW 302nd Street, Federal Way, WA 98023
2%
Under list
55
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 Oct 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 18, 2026 at 2:11 PM PT (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.
Some IDX listings have been excluded from this website.
© 2026 Northwest Multiple Listing Service. All rights reserved.
HO
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