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Listed by Gina Lane • Coldwell Banker Danforth.
FOR SALE

$625,000

Est. $3,462/mo

4 bd•2.75 ba•1,800 sq ft

2138 SW 305th Street, Federal Way, WA 98023

• Listed Oct 1, 2026•190 days active · 190 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: Coldwell Banker Danforth; Gina Lane; 253-569-9493; Gina.L@comcast.net

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Listing Broker: Coldwell Banker Danforth; Gina Lane; 253-569-9493; Gina.L@comcast.net

About this home

Located in desirable West Federal Way near the Dash Point area, this beautifully maintained 4-bedroom, 2-bath home offers 1,800 sq ft of flexible living on an incredible half-acre lot. Surrounded by mature trees and classic Pacific Northwest beauty, the 21,780 sq ft property offers endless possibilities—garden, entertain, create play space, or potentially add a detached garage or shop for additional storage and convenience. The finished lower level features a second kitchen and separate entrance, ideal for multigenerational living, guests, a home office, or additional living space. Enjoy the privacy of your own park-like retreat while staying connected—approximately 20 minutes to Sea-Tac Airport, 10 minutes to Federal Way light rail, and minutes from major King County highways. A rare opportunity combining land, location, versatility, and Northwest living! Easy to convert back single car garage!!

Property type
Single Family
Year built
1979
Interior
1,800 sq ft
Lot size
0.5 acres
Parking
Driveway, Off Street
Price / sq ft
$347
HeatingForced Air
CoolingNone
Property taxes$5,035/yr (est.)
School districtFederal Way

Listed by Gina Lane • Coldwell Banker Danforth

Listing updated: October 7, 2026 at 11:47am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2589768

Around this home

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2138 SW 305th Street, Federal Way, WA 98023

List price
$625,000
Down payment
$125,000

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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

  • Second Kitchen
  • Bath Off Primary
  • Dbl Pane/Storm Window
  • Dining Room
  • Fireplace
  • High Tech Cabling
  • Water Heater
  • Fireplace (gas)
  • Daylight, Finished basement

Kitchen

  • Dishwasher
  • Dryer
  • Refrigerator
  • Stove(s)/Range(s)
  • Trash Compactor
  • Washer

Bedrooms

  • 4 bedrooms total
  • 3 upstairs
  • 1 on the lower level

Bathrooms

  • 2 full bathrooms
  • 1 three-quarter bathroom (shower, no tub)
  • 2.75 bathrooms total (NWMLS count)

Layout

  • Split Entry
  • 1,800 sq ft finished
  • 290 sq ft garage

Flooring

  • Laminate
  • Vinyl Plank
  • Carpet

Heating & cooling

  • Forced Air heating
  • None cooling

Single-family home facts

As entered by the listing broker on Northwest MLS

Lot & site

Topography
Level,Partial Slope
Vegetation
Garden Space
Lot number
3
Zoning code
RS9.6
Faces
North

Systems

Energy source
Electric,Natural Gas
Power production
Electric, Natural Gas
Water heater
Gas
Water heater location
Utility closet
Power company
PSE
Water company
Lakehaven
Sewer company
Septic
Gas company
PSE
Garbage service
Waste Management
Irrigation water rights
No

Rooms & extras

Bathtubs
2
Showers
3
Fireplaces upstairs
1
Excluded items
No

New construction

Square footage source
Tax Records
Lot size source
Tax 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 2138 SW 305th Street

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. Oct 1, 2026
    Listed
    NWMLS via MLS Grid · #2589768
    $625,000
    $347/sq ft
  2. May 8, 1996
    Recorded sale
    King County recorder · Deed
    $25,413
    $14/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

$4,038 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

Takes about 5 minutes & won't affect your credit

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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: Coldwell Banker Danforth; Gina Lane; 253-569-9493; Gina.L@comcast.net

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 57 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $1,250,000 Sold

    2 weeks ago

    4 bd•3 ba•~2,570 sq ft•Single Family

    921 SW 296th Street, Federal Way, WA 98023

    0%

    Over list

    54

    Days on market

    0.9 mi

    Distance

  • $640,000 Sold

    2 weeks ago

    4 bd•2.75 ba•~1,720 sq ft•Single Family

    29853 8th Avenue SW, Federal Way, WA 98023

    4%

    Under list

    55

    Days on market

    0.9 mi

    Distance

  • $2,900,000 Sold

    3 weeks ago

    5 bd•5 ba•~6,820 sq ft•Single Family

    29816 23rd Avenue SW, Federal Way, WA 98023

    6%

    Under list

    109

    Days on market

    0.4 mi

    Distance

  • $599,000 Sold

    6 weeks ago

    3 bd•2.5 ba•~1,750 sq ft•Single Family

    822 SW 314th Place, Federal Way, WA 98023

    0%

    Over list

    25

    Days on market

    0.9 mi

    Distance

  • $1,240,000 Sold

    6 weeks ago

    6 bd•3.5 ba•~4,590 sq ft•Single Family

    30809 36TH Court SW, Federal Way, WA 98023

    1%

    Under list

    98

    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.

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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 October 7, 2026 at 11:47am (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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