$675,000
Est. $3,575/mo5 bd•3.5 ba•2,700 sq ft
34231 31st Avenue Sw, Federal Way, WA 98023
• Listed Sep 22, 2026•New today
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Listing Broker: Windermere RE West Campus Inc; Kris Huber; 253-777-5976; Seattle_REO@LIVE.com
**WAIT—5 BEDROOMS, EXTRA FLEX SPACE & THIS MUCH ROOM IN FEDERAL WAY?! DON’T MISS THIS ONE!** If you’ve been waiting for a home where everyone can have their own space—and you still have room to live, entertain and grow—**this could be the one you’ve been looking for!** Set in sought-after **Grouse Point on a quiet cul-de-sac**, this spacious home delivers incredible value with **5 full bedrooms PLUS an additional room with bedroom potential.** From the moment you step inside, you’ll feel the possibilities. The **brand-new, sun-filled kitchen with ALL NEW stainless-steel appliances** is ready for morning coffee, dinners and gatherings with friends. New carpet and custom-stained hardwoods add warmth and style throughout. Your spacious primary suite offers a true retreat with a luxurious **5-piece ensuite bath**, while the home also features a **full bath upstairs, full bath downstairs AND a convenient ½ bath on the main level.** Downstairs, the **second great room** gives you even more space for movie nights, game days, guests, hobbies, a home office or simply spreading out. Outside, enjoy a **private, sunny west-facing yard** perfect for BBQs, relaxing evenings and making memories. Plus, the **640+ SF garage and storage shed** give you the storage space you’ve been wishing for. Conveniently located minutes from transportation and freeway access. **Space. Flexibility. Updates. Value. A location you’ll love coming home to.
Listed by Kris Huber • Windermere RE West Campus Inc
Listing updated: September 22, 2026 at 09:00am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2584554
34231 31st Avenue Sw, 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.
Neighborhood mobility
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.
School information is unavailable for this listing. School boundaries can change, so verify the 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.
Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.
$4,585 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%.
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
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 4 days.
$1,098,610 Sold
1 week 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
199
Days on market
0.8 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
184
Days on market
0.8 mi
Distance
$599,990 Sold
3 months ago
4 bd•2.25 ba•~2,170 sq ft•Single Family
33136 35th Avenue Sw, Federal Way, WA 98023
0%
Over list
103
Days on market
0.7 mi
Distance
$620,000 Sold
4 months ago
4 bd•3 ba•~1,870 sq ft•Single Family
4225 Sw 337th Place, Federal Way, WA 98023
0%
Over list
61
Days on market
0.7 mi
Distance
$485,000 Sold
5 months ago
3 bd•1 ba•~1,208 sq ft•Single Family
33004 29th Avenue Sw, Federal Way, WA 98023
2%
Under list
63
Days on market
0.8 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 22, 2026 at 09:00am (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.
$743,000
+$68,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $580K and $712K.
Rental earnings
$2,225/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$625,000Last sold price
2840 Sw 342nd Street, Federal Way, WA 98023

$650,000Last sold price
2320 Sw 350th Place, 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.
Source: comparable sales from Northwest MLS via MLS GRID; the estimate itself is computed by RexMont.
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