$649,000
Est. $3,465/moPrice reduced $26,000 from the original $675,000 asking price
3 bd•2.5 ba•1,850 sq ft
30718 5th Place S, Federal Way, WA 98003
• Listed Jul 30, 2026•61 days active · 61 cumulative
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Listing Broker: John L. Scott Snohomish; Mark Gallagher; 360-217-8670
About this home
LOWER LEVEL MOTHER-IN-LAW OR RENTAL POTENTIAL! Updated split-level home with flexible living space and a lower-level setup ideal for multi-generational living or potential rental income. The main floor features an open layout connecting the living room, dining area and kitchen. Large picture windows bring in plenty of natural light, while the wood-burning stove adds warmth and character. The kitchen offers a large island, stainless steel appliances, abundant cabinet storage, and generous counter space. Sliding doors lead to a a gorgeous Tiger wood deck overlooking the fully fenced, landscaped backyard. The upper level includes a spacious primary bedroom with an updated ensuite bath, two additional bedrooms, and an updated full bathroom. Ample storage includes two double linen closets and deep under-stair storage. The lower level features an inviting living area with a gas fireplace, kitchenette, updated full bathroom, and heated floors! Excellent flexibility for extended living, guests, or income potential. Outside, enjoy a lower patio, fire pit, mature landscaping, and a large access gate to the backyard. Additional features include central air conditioning and a newer water heater. Conveniently located with easy access to Light Rail, schools, parks, dog parks, shopping, dining, and Puget Sound beaches. NO HOA! Quiet neighborhood, yet close to everything! This is the one worth seeing!
Listed by Mark Gallagher • John L. Scott Snohomish
Listing updated: September 17, 2026 at 09:12am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2561694
Around this home
How much should you offer?
30718 5th Place S, Federal Way, WA 98003
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
- Second Kitchen
- Bath Off Primary
- Dbl Pane/Storm Window
- Fireplace
- Security System
- Water Heater
- 2 fireplaces (gas, wood burning)
- None basement
Kitchen
- Dishwasher
- Disposal
- Double Oven
- Microwave
- Refrigerator
- See Remarks
- Stove(s)/Range(s)
Bedrooms
- 3 bedrooms total
Bathrooms
- 2 full bathrooms
- 1 half bathroom
Flooring
- Ceramic Tile
- See Remarks
- Vinyl
- Vinyl Plank
- Carpet
Heating & cooling
- Forced Air heating
- Heat Pump heating
- Radiant heating
- Forced Air cooling
- Heat Pump cooling
Neighborhood mobility
Walk, bike & transit scores
Source: Walk Score®, Bike Score® and Transit Score® are provided by Walk Score (walkscore.com), a third-party service. This is not Northwest MLS listing data.
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.
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.
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
$4,063 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
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Market pulse
Federal Way is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 60 days.
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 17, 2026 at 09:12am (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.
HO
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