$850,000
Est. $4,501/mo4 bd•3.25 ba•2,960 sq ft
36020 21st Lane S, Federal Way, WA 98003
• Listed 2026-09-18•New today
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Welcome to this stunning 2016-built residence, beautifully tucked away on a peaceful cul-de-sac and set on an expansive 0.28-acre lot. Thoughtfully designed with both elegance and comfort in mind, this impressive home offers 4 spacious bedrooms, 3 bathrooms, a main-floor office/den, formal dining room, and an oversized upstairs bonus room. At the heart of the home, the beautifully appointed open-concept kitchen features a generous statement island, walk-in pantry, abundant storage, and effortless flow into the inviting family room—creating an exceptional space for entertaining and everyday living. Escape to the luxurious primary suite, framed by elegant French doors and complemented by a spa-inspired 5-piece bath designed for relaxation and comfort. Step outside to an expansive outdoor living area overlooking the generous backyard—a beautiful blank canvas with endless possibilities for lush gardens, sophisticated entertaining spaces, or your own private outdoor retreat. Ideally located near I-5 with convenient access to shopping, schools, parks, and major commuter routes. A rare combination of space, style, privacy, and convenience—this exceptional home is ready to impress.
Listed by Paula Gambardella • Newberry Realty Renton
Listing updated: September 18, 2026 at 06:57pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2584401
36020 21st Lane S, 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.
$5,473 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 8 days.
$515,000 Sold
3 months ago
3 bd•2 ba•~1,310 sq ft•Single Family
36310 28th Avenue S, Federal Way, WA 98003
0%
Over list
—
Days on market
0.5 mi
Distance
$160,000 Sold
3 months ago
3 bd•1.75 ba•Single Family
2500 S 370th Street #225, Federal Way, WA 98003
3%
Under list
—
Days on market
0.4 mi
Distance
$84,000 Sold
4 months ago
2 bd•1.75 ba•Single Family
2500 S 370th Street #32, Federal Way, WA 98003
4%
Under list
—
Days on market
0.4 mi
Distance
$535,000 Sold
5 months ago
3 bd•1 ba•~1,340 sq ft•Single Family
2504 S 365th Place, Federal Way, WA 98003
0%
Over list
—
Days on market
0.3 mi
Distance
$175,000 Sold
5 months ago
3 bd•1.75 ba•Single Family
2500 S 370th Street #161, Federal Way, WA 98003
0%
Over list
—
Days on market
0.4 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 06:57pm (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.
$833,000
-$17,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $635K and $800K.
Rental earnings
$2,500/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$715,000Last sold price
36008 21st Lane S, Federal Way, WA 98003

$670,000Last sold price
3008 S 365th Court, 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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