$1,079,990
Est. $5,982/mo4 bd•2.75 ba•3,011 sq ft
1940 343rd (Lot 11) Place, Federal Way, WA 98023
• Listed Aug 22, 2026•49 days active · 49 cumulative
Listing Broker: Risewell Homes; Cathy Hudson; 253-335-9041; Chudson@risewellhomes.com
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Listing Broker: Risewell Homes; Cathy Hudson; 253-335-9041; Chudson@risewellhomes.com
About this home
NEW Floor PLAN - Come tour this that is under construction. The Plan 5. it is 3011 sft & features 4 bdrm + Den & Bonus. The den is large on main floor and can easily be used as a guest bedroom and this home has an adjacent 3/4 bath bath on main that features a walk-in shower. If you like to entertain, this home has a large open great room, dining with large, covered patio off the back. There is a separate prep area or Coffee bar behind the kitchen that will give you massive storage and extra counter space. Entertain in this chef-style kitchen that has a large quartz slab island, spacious counters, 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. Upstairs you will have 3 spacious bdrms and an impressive primary suite. The primary bdrm is expansive with a dream walk-in closet and spa-inspired bathroom; including walk-in shower and free-standing soaking tub. This community is a residential community in the Puget Sound located 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. Ask about seller credit.
Listed by Cathy Hudson • Risewell Homes
Listing updated: October 5, 2026 at 03:27pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2572796
Around this home
How much should you offer?
1940 343rd (Lot 11) Place, 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
Interior features
- Bath Off Primary
- Dining Room
- Fireplace
- High Tech Cabling
- Pantry
- Triple Pane Windows
- Walk-In Closet(s)
- Water Heater
- Fireplace (electric)
Kitchen
- Dishwasher
- Disposal
- Microwave
- Stove(s)/Range(s)
Bedrooms
- 4 bedrooms total
- 4 upstairs
Bathrooms
- 2 full bathrooms
- 1 three-quarter bathroom (shower, no tub)
- 2.75 bathrooms total (NWMLS count)
- 1 on the main level
Layout
- 2 Story
- 3,011 sq ft finished
Flooring
- Ceramic Tile
- Vinyl Plank
- Carpet
Heating & cooling
- Forced Air heating
- Heat Pump heating
- Recirculation Pump heating
- Heat Pump cooling
Single-family home facts
As entered by the listing broker on Northwest MLS
Lot & site
- Lot dimensions
- 7432
- Topography
- Partial Slope
- Lot number
- 11
- Zoning jurisdiction
- City
- Faces
- East
Systems
- Energy source
- Electric
- Power production
- Electric
- Water heater
- Rheem
- Water heater location
- Garage
- Power company
- PSE
- Water company
- Lakehaven
- Sewer company
- Lakehaven
- Garbage service
- Waste Mgmt
- Irrigation water rights
- No
- Internet connected
- Xfinity
- Cable connected
- Comcast
Rooms & extras
- Bathtubs
- 2
- Showers
- 2
- Fireplaces on main
- 1
New construction
- New construction state
- Presale
- Estimated completion
- Feb 5, 2027
- Builder
- Risewell Homes
- Square footage source
- Builder Plans
- Lot size source
- Plot Plan
- Effective year built source
- Public Records
Manufactured home
- Land lease
- No
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.
RexMont Site Report
What it is like to live at this address
Walkability, ground and noise, read from public records for this exact home.
RexMont Site Report
The members' report
Commute, transit, zoning and ADU potential and the places behind the score. One free registration opens every home on rexmont.com.
Opens with the report above.
Schools
Ratings via SchoolDiggerFederal Way School District
- Olympic View ElementaryPublic · Grades K-5 · State rank 472 of 1,1386/10
- Saghalie Jnr HighPublic · Grades Middle—
- 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.
Sales & Tax Records for 1940 343rd (Lot 11) Place
NWMLS via MLS Grid · King County AssessorEvery 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 21, 2026ListedNWMLS via MLS Grid · #2572796$1,079,990$359/sq ft
- Nov 17, 2025Recorded saleKing County recorder · Bargain and sale deed$1,709,680$568/sq ft
Mortgage payment forecast
$7,154 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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Listing Broker: Risewell Homes; Cathy Hudson; 253-335-9041; Chudson@risewellhomes.com
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 57 days.
Recent sales nearby
Within 1 mile · last 6 months$550,000 Sold
0 days ago
4 bd•1.75 ba•~1,750 sq ft•Single Family
33411 29th Place SW, Federal Way, WA 98023
4%
Over list
36
Days on market
0.8 mi
Distance
$598,000 Sold
1 week ago
4 bd•3.25 ba•~1,913 sq ft•Single Family
836 SW 345th Street, Federal Way, WA 98023
4%
Under list
70
Days on market
0.6 mi
Distance
$550,000 Sold
1 week ago
3 bd•2 ba•~1,410 sq ft•Single Family
2662 SW 332nd Street, Federal Way, WA 98023
0%
Over list
—
Days on market
0.9 mi
Distance
$510,000 Sold
1 week ago
3 bd•1.75 ba•~1,680 sq ft•Single Family
34413 28th Place SW, Federal Way, WA 98023
4%
Under list
64
Days on market
0.6 mi
Distance
$1,149,340 Sold
1 week ago
5 bd•3.5 ba•~3,308 sq ft•Single Family
1952 SW 343rd (Lot 5) Place, Federal Way, WA 98023
0%
Over list
126
Days on market
0.1 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
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 5, 2026 at 03:27pm (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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