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← Back to search results/Federal Way, WA/1040 S 295th Place
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Listed by Chris Randall • Lake & Company.Some photos are virtually staged
FOR SALE

$1,050,000

Est. $5,725/mo

5 bd•2.75 ba•3,120 sq ft

1040 S 295th Place, Federal Way, WA 98003

• Listed Oct 8, 2026•21 days active · 21 cumulative

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★★★★★5.0·1,215 Google reviews

Listing Broker: Lake & Company; Chris Randall; 206-595-6663; chris@lakere.com

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Listing Broker: Lake & Company; Chris Randall; 206-595-6663; chris@lakere.com

About this home

This beautifully remodeled Marine Hills mid-century with views of the Puget Sound & Olympics has it all! Set on over 1/3 of an acre in a fantastic neighborhood that's equal parts serene & central, an extensive refresh transformed this home into a stylish, spacious & move-in ready gem. Plentiful windows & soaring vaulted ceilings drench the open-concept living areas in fantastic light year-round while framing the incredible views. Sleek finishes flow into the stunning kitchen, equipped w/ stainless appliances, a 36" gas range, quartz counters & a center island w/ bar seats. 3 beds on the main include a king-sized primary w/ an ensuite bath & a slider out to the deck. Downstairs, a spacious family room w/ a dry bar awaits movie nights & memorable moments. 2 additional beds & a full bath downstairs are great to give guests their own space. Upgraded for modern living w/ efficient heating & A/C, newer insulation, an EV-ready garage & an oversized laundry room w/ custom dog wash. Outside, the Trex deck looks out to Sound views & your fully fenced backyard oasis, complete w/ a fire pit, shed, huge patio area & lush mature landscaping. Abundant parking between the large driveway & the finished 530 sqft 2-car garage. Tucked in a friendly, quiet neighborhood close to the Marine Hills Swim & Tennis Club, Redondo Beach, new light rail, great eats & easy thoroughfare access heading north or south. Inspections available.

Property type
Single Family
Year built
1961
Interior
3,120 sq ft
Lot size
0.3483 acres
Parking
2-car garage
Price / sq ft
$337
Heating90%+ High Efficiency, Ductless, Forced Air, Heat Pump
Cooling90%+ High Efficiency, Ductless, Heat Pump
Property taxes$9,076/yr (est.)
School districtFederal Way

Listed by Chris Randall • Lake & Company

Listing updated: October 26, 2026 at 03:19pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2591537

Around this home

RexMont OfferEdge™

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1040 S 295th Place, Federal Way, WA 98003

List price
$1,050,000
Down payment
$210,000

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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
  • Dbl Pane/Storm Window
  • Dining Room
  • Vaulted Ceiling(s)
  • Water Heater
  • Wine/Beverage Refrigerator
  • Daylight, Finished basement

Kitchen

  • Dishwasher
  • Dryer
  • Microwave
  • Refrigerator
  • Stove(s)/Range(s)
  • Washer

Bedrooms

  • 5 bedrooms total
  • 3 on the main level
  • 2 on the lower level

Bathrooms

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

Layout

  • 1 Story w/Bsmnt.
  • 3,120 sq ft finished
  • 530 sq ft garage

Flooring

  • Ceramic Tile
  • Vinyl Plank
  • Carpet

Heating & cooling

  • 90%+ High Efficiency heating
  • Ductless heating
  • Forced Air heating
  • Heat Pump heating
  • 90%+ High Efficiency cooling
  • Ductless cooling
  • Heat Pump cooling

Schools

Ratings via SchoolDigger

Federal Way School District

  • Nautilus K-8 School
    Public · Grades K-8 · State rank 379 of 1,138
    6/10
  • Sacajawea Jnr High
    Public · Grades Middle
    —
  • Federal Way Snr High
    Public · Grades High
    —

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.

Single-family home facts

As entered by the listing broker on Northwest MLS

Lot & site

Topography
Level,Partial Slope
Vegetation
Fruit Trees, Garden Space
Faces
South

Systems

Energy source
Electric,Natural Gas
Power production
Electric, Natural Gas
Water heater
Electric
Water heater location
Laundry Room
Power company
Puget Sound Energy
Water company
Lakehaven
Sewer company
Septic
Gas company
Puget Sound Energy
Irrigation water rights
No

Rooms & extras

Bathtubs
2
Showers
3

New construction

Square footage source
Realist
Lot size source
Realist

Manufactured home

Land lease
No

Neighborhood mobility

Doorstep, Pedal & Station Scores

Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.

Ground Truth™

The ground, the slope, the flood zone and the noise at this address

Read from public hazard, flood, terrain and noise maps for this exact home.

Address Insider™

The members' report

Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.

Members

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Sales & Tax Records for 1040 S 295th Place

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 8, 2026
    Listed
    NWMLS via MLS Grid · #2591537
    $1,050,000
    $337/sq ft
  2. Dec 4, 2023
    Sold
    NWMLS via MLS Grid · #2161004
    $1,100,000
    $353/sq ft
  3. Nov 11, 2023
    Pending
    NWMLS via MLS Grid · #2161004
    $1,125,000
    $361/sq ft
  4. Nov 11, 2023
    Price reduced
    NWMLS via MLS Grid · #2161004
    $1,125,000
    $361/sq ft
  5. Sep 12, 2023
    Listed
    NWMLS via MLS Grid · #2161004
    $1,275,000
    $409/sq ft
  6. Feb 27, 2023
    Sold
    NWMLS via MLS Grid · #2023276
    $550,000
    $176/sq ft

Down payment assistance

6 programs may be available to provide you with up to $52,500 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

$6,744 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: Lake & Company; Chris Randall; 206-595-6663; chris@lakere.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: Homes typically sell with one offer near asking price.

  • List to sale price: The average home sells very close to list price.

  • Time on market: The average home goes pending in around 83 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $750,000 Sold

    2 days ago

    5 bd•2.5 ba•~2,440 sq ft•Single Family

    741 S 295th Place, Federal Way, WA 98003

    0%

    Over list

    60

    Days on market

    0.2 mi

    Distance

  • $1,019,622 Sold

    6 days ago

    5 bd•2.75 ba•~3,019 sq ft•Single Family

    30326 11th Place S, Federal Way, WA 98003

    0%

    Over list

    —

    Days on market

    0.6 mi

    Distance

  • $981,448 Sold

    6 days ago

    5 bd•2.75 ba•~3,019 sq ft•Single Family

    30314 11th Place S, Federal Way, WA 98003

    0%

    Over list

    —

    Days on market

    0.6 mi

    Distance

  • $756,000 Sold

    1 week ago

    4 bd•3.25 ba•~2,630 sq ft•Single Family

    30003 19th Avenue S, Federal Way, WA 98003

    2%

    Under list

    153

    Days on market

    0.6 mi

    Distance

  • $965,803 Sold

    1 week ago

    4 bd•2.5 ba•~3,086 sq ft•Single Family

    30230 11th Place S, Federal Way, WA 98003

    0%

    Over list

    227

    Days on market

    0.5 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

Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of October 29, 2026 at 12:52 PM PT (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.

Some IDX listings have been excluded from this website.

© 2026 Northwest Multiple Listing Service. All rights reserved.

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