$1,050,000
Est. $5,354/mo5 bd•2 ba•3,060 sq ft
31422 7th Place Sw, Federal Way, WA 98023
• Listed 2026-07-23•4 days on market
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Based on information submitted to the MLS GRID as of July 24, 2026 at 05:03am (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 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: July 24, 2026 at 05:03am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2558095
Open houses
2 dates$1,029,000
-$21,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $645K and $996K.
Rental earnings
$3,075/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$660,000Last sold price
2711 Sw 314th Street, Federal Way, WA 98023
$703,500Last sold price
32710 5th 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.
31422 7th Place Sw, 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.
$6,384 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.
$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
0.5 mi
Distance
$535,000 Sold
3 months ago
2 bd•1 ba•~1,100 sq ft•Single Family
505 Sw 305th Place, Federal Way, WA 98023
2%
Over list
—
Days on market
0.6 mi
Distance
$550,000 Sold
3 months ago
3 bd•1.5 ba•~1,340 sq ft•Single Family
206 Sw 303rd Street, Federal Way, WA 98023
0%
Over list
—
Days on market
0.8 mi
Distance
$501,000 Sold
3 months ago
2 bd•1.5 ba•~1,200 sq ft•Single Family
31806 10th Place Sw, Federal Way, WA 98023
3%
Over list
—
Days on market
0.3 mi
Distance
$582,000 Sold
4 months ago
4 bd•1.5 ba•~2,050 sq ft•Single Family
31222 22nd Avenue Sw, Federal Way, WA 98023
16%
Over 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 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.
