$1,079,990
Est. $5,552/mo4 bd•2.75 ba•3,011 sq ft
1940 343rd (lot 11) Place, Federal Way, WA 98023
• Listed 2026-08-21•5 days on market
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NEW Floor PLAN - The Plan 5. it is 3011 sft & features 4 bdrm + Den & Bonus. The den is very large on main floor and can easily be used as a bedroom with an adjacent 3/4 bath bath which including walk-in shower, making this a great Multi-Gen home. An entertainers dream with this large open great room, dining and kitchen w/separate prep area or Coffee bar. Entertain in this chef-style kitchen that has a large quartz slab island, massive counters and plentiful soft-close cabinets and drawers plus a HUGE walk-pantry and mudroom. Upstairs you will find an impressive open Bonus room area that can also be closed in. Large laundry room w/spacious counter, sink and cabinets. 3 spacious bdrms plus an incredible primary suite. The primary bdrm is expansive with a dream walk-in closet and spa-inspired bathroom and huge walk-in closet. This is our newest residential community in the Puget Sound in Federal Way within the Seattle Metro Region. This enclave of expansive single-family residences offers big homes and even bigger, backyards for move-up buyers. A new opportunity for modern construction that is close to commuting corridors, grocery, retail centers and state parks. Walking Distance to Major Park, Regional Bike Trails, and Big Box Retail. Minutes to major freeways and 20 min to the airport. Interior pictures are of model home. Ask about $25,000 credit! Interior pictures are of model home. This is a presale opportunity for you to select all interior options & Upgrades.
Open houses
2 dates$1,059,000
-$20,990 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $580K and $940K.
Rental earnings
$3,175/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$580,000Last sold price
2134 Sw 339th Street, Federal Way, WA 98023

$712,000Last sold price
33908 12th Place 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.
1940 343rd (lot 11) Place, 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
$7,487 per month
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of August 24, 2026 at 08:47am (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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Listed by Cathy Hudson • Risewell Homes
Listing updated: August 24, 2026 at 08:47am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2572796
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.
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: Days-on-market data not available for this area.
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Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Aug 2026