$695,000
Est. $3,591/mo4 bd•2.25 ba•2,460 sq ft
37110 5th Ave Sw, Federal Way, WA 98023
• Listed 2026-07-23•5 days on market
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Welcome to this beautifully updated TURNKEY HOME, tucked away along a quiet, peaceful wooded setting. Located on a DEAD-END STREET, this property offers exceptional privacy while remaining just minutes from shopping—including Costco, Fred Meyer, Walmart, and WinCo—parks, schools, major highways, and everyday amenities. Its central location also provides convenient access to Seattle, Tacoma, Mt. Rainier, Snoqualmie, and other popular destinations.This spacious home features 3 bedrooms, 2.5 bathrooms, plus a BONUS ROOM WITH A CLOSET, ideal for a home office, guest room, gym, media room, or MULTI-GENERATIONAL LIVING.The bright, open floor plan showcases a contemporary kitchen with quartz countertops, a breakfast bar, a cozy fireplace, and LUXURY VINYL PLANK FLOORING THROUGHOUT. The finished lower level offers flexible living space with a SECOND LAUNDRY AREA, providing added convenience for extended living arrangements or guests.Extensive updates include a NEWER ROOF, NEW WATER HEATER, Hardie Plank siding, CEDAR SAUNA, deck, double-pane windows, heat pump with A/C, LUXURY VINYL PLANK FLOORING, and much more.Outside, you'll find a HUGE GARAGE WITH WORKSHOP AND STORAGE, abundant parking for 10+ VEHICLES, RV parking, a fully fenced yard, mature fruit trees, and plenty of space to enjoy the outdoors.Enjoy the perfect balance of privacy, flexibility, and convenience in this move-in-ready home.
Listed by Lia Huang • Dalton Wade, Inc.
Listing updated: September 2, 2026 at 09:41pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2559372
37110 5th Ave 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
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.
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
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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 9 days.
$1,030,000 Sold
2 weeks ago
3 bd•2.5 ba•~3,226 sq ft•Single Family
36607 9th Avenue Sw, Federal Way, WA 98023
3%
Over list
—
Days on market
0.4 mi
Distance
$649,950 Sold
3 weeks ago
4 bd•2.5 ba•~2,610 sq ft•Single Family
831 Sw 364th Place, Federal Way, WA 98023
0%
Over list
—
Days on market
0.5 mi
Distance
$1,265,000 Sold
2 months ago
4 bd•2.75 ba•~3,292 sq ft•Single Family
36520 Sw 3rd Place Street #1, Federal Way, WA 98023
3%
Under list
—
Days on market
0.4 mi
Distance
$862,000 Sold
2 months ago
5 bd•3 ba•~3,450 sq ft•Single Family
35638 8th Avenue Sw, Federal Way, WA 98023
4%
Under list
—
Days on market
0.9 mi
Distance
$1,015,000 Sold
3 months ago
4 bd•2.75 ba•~2,931 sq ft•Single Family
316 Sw 365th Street #6, Federal Way, WA 98023
5%
Under list
—
Days on market
0.4 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 September 2, 2026 at 09:41pm (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
4 dates$682,000
-$13,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $735K and $1.01M.
Rental earnings
$2,050/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$1,015,000Last sold price
316 Sw 365th Street #6, Federal Way, WA 98023
$750,000Last sold price
926 Sw 356th Street, Tacoma, 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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