$1,079,990
Est. $5,719/mo4 bd•2.75 ba•3,011 sq ft
1940 343rd (lot 11) Place, Federal Way, WA 98023
• Listed 2026-08-21•2 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.
Listed by Cathy Hudson • Risewell Homes
Listing updated: September 16, 2026 at 10:27am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2572796
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
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.
$7,654 per month
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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 6 days.
$1,098,610 Sold
3 days ago
5 bd•3.5 ba•~3,308 sq ft•Single Family
1892 Sw 343rd (lot 31) Place, Federal Way, WA 98023
4%
Over list
—
Days on market
0.1 mi
Distance
$1,027,610 Sold
8 weeks ago
5 bd•3 ba•~2,962 sq ft•Single Family
34204 Sw 19th (lot 35) Avenue Sw, Federal Way, WA 98023
1%
Under list
—
Days on market
0.1 mi
Distance
$1,550,000 Sold
4 months ago
5 bd•4 ba•~5,469 sq ft•Single Family
34529 5th Place Sw, Federal Way, WA 98023
9%
Under list
—
Days on market
0.8 mi
Distance
$4,900 Sold
4 months ago
6 bd•3.25 ba•Single Family
558 Sw 333rd Court, Federal Way, WA 98023
0%
Over list
—
Days on market
0.9 mi
Distance
$760,000 Sold
5 months ago
4 bd•2.5 ba•~2,250 sq ft•Single Family
33343 12th Avenue Sw, Federal Way, WA 98023
6%
Over list
—
Days on market
0.6 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 16, 2026 at 10:27am (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
2 datesNearby open houses (8)
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Open Sat, Sep 19
Open Sat, Sep 19 +1
Open Sat, Sep 19 +1
Open Sat, Sep 19 +1
Open Sat, Sep 19
Open Sat, Sep 19 +1
Open Sat, Sep 19 +1$1,059,000
-$20,990 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $650K and $945K.
Rental earnings
$3,175/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$712,000Last sold price
33908 12th Place Sw, Federal Way, WA 98023
$715,000Last sold price
1003 Sw 339th Street, 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.
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