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Listed by Kathy Callahan • Windermere RE South Sound, Inc.
FOR SALE

$475,000

Est. $2,631/mo

2 bd•1.75 ba•1,470 sq ft

422 S 329th Lane, Federal Way, WA 98003

• Listed Sep 14, 2026•29 days active · 29 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: Windermere RE South Sound, Inc; Kathy Callahan; 206-793-4874; kcallahan@windermere.com

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Listing Broker: Windermere RE South Sound, Inc; Kathy Callahan; 206-793-4874; kcallahan@windermere.com

About this home

Welcome home to this light and bright corner-lot home, perfectly situated for effortless living and commuting. Step inside to find soaring vaulted ceilings and fresh new paint and carpet throughout, creating an inviting, move-in-ready atmosphere. The heart of the home features a large, open, and versatile kitchen area with abundant storage, a brand-new microwave, and a dedicated dining space perfect for entertaining. Designed with privacy in mind, the thoughtful layout places one bedroom on each floor. Outside, enjoy a private outdoor patio surrounded by beautifully landscaped yards entirely maintained by the HOA—meaning zero-yard work for you! Modern comforts include a newer hot water tank, a one-car garage, and two additional driveway parking spots. Community perks abound with access to a sport court and a reservable cabana for special gatherings. Located just minutes from Redondo, Dash Point State Park, the BPA trail, major freeways, and the light rail, this location is an absolute commuter’s dream in any direction.

Property type
Single Family
Year built
1986
Interior
1,470 sq ft
Lot size
0.0471 acres
Parking
Attached Carport, Driveway, Off Street
Price / sq ft
$323
HeatingWall Furnace
CoolingNone
Property taxes$4,480/yr (est.)
HOA dues$150/mo
School districtFederal Way

Listed by Kathy Callahan • Windermere RE South Sound, Inc

Listing updated: September 17, 2026 at 09:39am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2582273

Around this home

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422 S 329th Lane, Federal Way, WA 98003

List price
$475,000
Down payment
$95,000

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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
  • Loft
  • Sprinkler System
  • Vaulted Ceiling(s)
  • Water Heater
  • Fireplace (wood burning)

Kitchen

  • Stove(s)/Range(s)
  • Washer

Bedrooms

  • 2 bedrooms total
  • 1 on the main level
  • 1 upstairs

Bathrooms

  • 1 full bathroom
  • 1 three-quarter bathroom (shower, no tub)
  • 1.75 bathrooms total (NWMLS count)
  • 1 on the main level

Layout

  • 2 Story
  • 1,470 sq ft finished
  • 250 sq ft garage

Flooring

  • Vinyl
  • Carpet

Heating & cooling

  • Wall Furnace heating
  • None cooling

Single-family home facts

As entered by the listing broker on Northwest MLS

Lot & site

Topography
Level

Systems

Energy source
Electric
Power production
Electric
Water heater
Electric
Water heater location
Closet
Power company
PSE
Water company
Lakehaven
Sewer company
Lakehaven
Gas company
N/A
Garbage service
Waste Management
Irrigation water rights
No
Internet connected
N/A
Cable connected
N/A

Rooms & extras

Bathtubs
2
Showers
2
Fireplaces on main
1

New construction

Square footage source
Public Records
Lot size source
Public Records
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.

Schools

Ratings via SchoolDigger

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.

Sales & Tax Records for 422 S 329th Lane

NWMLS via MLS Grid · King County Assessor

Every 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.

  1. Sep 10, 2026
    Listed
    NWMLS via MLS Grid · #2582273
    $475,000
    $323/sq ft
  2. Sep 10, 2026
    Listed
    NWMLS via MLS Grid · #2579786
    $475,000
    $323/sq ft
  3. May 7, 1986
    Recorded sale
    King County recorder · Warranty deed
    $79,950
    $54/sq ft

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.

Northwest MLS lists this home as eligible for down payment assistance programs

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

$3,273 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Source: 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%.

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Listing Broker: Windermere RE South Sound, Inc; Kathy Callahan; 206-793-4874; kcallahan@windermere.com

Market pulse

Federal Way is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market
  • 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 58 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $570,000 Sold

    2 weeks ago

    4 bd•2.25 ba•~1,970 sq ft•Single Family

    31721 4th Avenue S, Federal Way, WA 98003

    1%

    Under list

    55

    Days on market

    0.6 mi

    Distance

  • $151,000 Sold

    2 weeks ago

    2 bd•1.75 ba•Single Family

    2101 S 324th Street #14, Federal Way, WA 98003

    21%

    Under list

    388

    Days on market

    1.0 mi

    Distance

  • $525,000 Sold

    5 weeks ago

    3 bd•2.25 ba•~1,800 sq ft•Single Family

    31624 3rd Place S, Federal Way, WA 98003

    5%

    Over list

    28

    Days on market

    0.6 mi

    Distance

  • $459,995 Sold

    5 weeks ago

    2 bd•1.75 ba•~1,470 sq ft•Single Family

    235 S 329th Lane, Federal Way, WA 98003

    0%

    Over list

    138

    Days on market

    0.1 mi

    Distance

  • $825,000 Sold

    2 months ago

    •Single Family

    34027 1st Place S, Federal Way, WA 98003

    2%

    Under list

    133

    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.

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Market data from MLS GRID / NWMLS · Updated Oct 2026

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of September 17, 2026 at 09:39am (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.

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