$349,000
Est. $1,933/mo0 SW 296th Street, Federal Way, WA 98023
• Listed Aug 4, 2026•113 days active · 113 cumulative
Listing Broker: COMPASS; Sam Cunningham; 206-227-7849; sam@samcunningham.com
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Listing Broker: COMPASS; Sam Cunningham; 206-227-7849; sam@samcunningham.com
About this home
Waterfront property on the shores of Puget Sound- this exquisite waterfront property captures the essence of Pacific Northwest living. One of the last undeveloped waterfront parcels on the beach presents Seventy-eight waterfront feet of your own private resort where otters, whales and sailboats play in the salty breeze. Paddle into town or stay in and watch the ever-changing sunsets and sparkling lights across the water from the veranda of your own custom home. Watch the tides come and go as the sun sets over the Olympics. Views, and endless potential for redevelopment. Bring your dreams and your architect and build a waterfront home to suit your style, an easy commute to the abundant opportunities of greater Puget Sound.
Listed by Sam Cunningham • COMPASS
Listing updated: September 22, 2026 at 06:37pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2561856
Around this home
How much should you offer?
0 SW 296th Street, 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
Layout
- Res-Less thn 1 Ac
Schools
Ratings via SchoolDiggerFederal Way School District
- Sunnycrest Elementary SchoolPublic · Grades PK-5 · State rank 1,021 of 1,1382/10
- Lakota Middle SchoolPublic · Grades 6-8 · State rank 295 of 5144/10
- Decatur High SchoolPublic · Grades 9-12 · State rank 338 of 3962/10
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.
Vacant land facts
As entered by the listing broker on Northwest MLS
Lot
- Acres
- 0.43 acres
- Lot square feet
- 18,546 sq ft
- Topography
- Sloped
- Lot details
- Adjacent to Public Land, Dead End Street, Open Space, Secluded
Zoning & use
- Zoning description
- Residential
- Zoning jurisdiction
- City
- Possible use
- Residential
- Restrictions
- Unknown
Utilities
- Utilities
- Electricity Available, Natural Gas Available
- Electricity
- In Street
- Gas
- In Street
- Water
- Available, In Street
- Water access
- Beach Rights,Tideland Rights
- Sewer
- Not Available
- Septic installed
- No
Road & access
- Road surface
- See Remarks
- Road responsibility
- See Remarks
- Road information
- County Right of Way,See Remarks
- Road on which side
- East
Surveys & reports
- Sketch submitted
- No
Water & irrigation
- Waterfront
- Yes
- Irrigation water rights
- No
Taxes & assessment
- Annual taxes
- $4,034
- Tax year
- 2026
- Senior exemption
- No
- Financing
- Cash, Conventional
- Seller disclosure
- Provided
- Preliminary title ordered
- Yes
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 0 SW 296th Street
NWMLS via MLS GridEvery 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.
- Aug 4, 2026ListedNWMLS via MLS Grid · #2561856$349,000
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
$2,356 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: COMPASS; Sam Cunningham; 206-227-7849; sam@samcunningham.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$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
0.9 mi
Distance
$1,250,000 Sold
3 weeks ago
4 bd•3 ba•~2,570 sq ft•Single Family
921 SW 296th Street, Federal Way, WA 98023
0%
Over list
54
Days on market
0.4 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
0.5 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
0.7 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 2:16 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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