$488,000
Est. $2,584/mo2 bd•1 ba•760 sq ft
332 S 314th Place, Federal Way, WA 98003
• Listed 2026-08-27•New today
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Charming fully remodeled + turn-key home offers instant potential as a lucrative short-term rental or move-in ready retreat! Backing up to a private green buffer, the light-filled interior boasts soaring vaulted ceilings, smart ambient lighting, durable LVP flooring throughout, a cozy fireplace and a sunny bay window. The modern galley kitchen shines with sleek quartz counters and stainless appliances, while two spacious bedrooms share an upgraded full bath featuring a double vanity. Step outside to an entertainer's paradise! Large covered deck overlooks an exceptional private outdoor setting that's fully fenced with a low-maintenance yard complete with two handy garden storage sheds. Parking is a breeze with a spacious 1-car garage and ample room for RV with power hookup or boat storage. Unbeatably located just minutes from Redondo Beach perfect for catching beautiful waterfront sunsets, neighborhood parks, freeways and vibrant shopping. Welcome Home!
Listed by Andrew Maglalang-Weakley • Redfin
Listing updated: September 18, 2026 at 04:42pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2567170
332 S 314th Place, Federal Way, WA 98003
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 8 days.
$958,788 Sold
1 day ago
4 bd•3 ba•~2,983 sq ft•Single Family
30320 11th Place S, Federal Way, WA 98003
0%
Over list
—
Days on market
0.8 mi
Distance
$913,195 Sold
3 months ago
5 bd•3.25 ba•~2,790 sq ft•Single Family
30317 11th Place S, Federal Way, WA 98003
0%
Over list
—
Days on market
0.8 mi
Distance
$505,000 Sold
4 months ago
3 bd•1 ba•~1,370 sq ft•Single Family
30212 10th Avenue S, Federal Way, WA 98003
1%
Over list
—
Days on market
0.9 mi
Distance
$983,950 Sold
5 months ago
5 bd•3 ba•~2,983 sq ft•Single Family
30332 11th Place S, Federal Way, WA 98003
0%
Over list
—
Days on market
0.9 mi
Distance
$946,090 Sold
5 months ago
4 bd•2.5 ba•~3,086 sq ft•Single Family
30220 11th Place S, Federal Way, WA 98003
0%
Over list
—
Days on market
0.9 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 18, 2026 at 04:42pm (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
Nearby open houses (4)
See more →$479,000
-$9,000 under list price
Nearby comparable homes
RexMont uses 2 strongest recent nearby sales, priced between $475K and $510K.
Rental earnings
$1,425/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$475,000Last sold price
511 S 317th Street, Federal Way, WA 98003

$510,000Last sold price
30420 3rd Place S, Federal Way, WA 98003
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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