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← Back to search results/Federal Way, WA/1040 S 295th Place
1 / 4020 HOURS ON MARKET
Listed by Chris Randall • Lake & Company.Some photos are virtually staged
FOR SALE

$1,050,000

Est. $5,816/mo

5 bd•2.75 ba•3,120 sq ft

1040 S 295th Place, Federal Way, WA 98003

• Listed Oct 8, 2026•1 day active · 1 cumulative

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★★★★★5.0·1,242 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 or teens 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 9, 2026 at 05:02am

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

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

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

  • 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.

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 $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

$6,835 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: 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: 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
  • $925,000 Sold

    3 days ago

    3 bd•2.25 ba•~2,740 sq ft•Single Family

    602 S 288th Lane, Federal Way, WA 98003

    3%

    Under list

    68

    Days on market

    0.5 mi

    Distance

  • $935,809 Sold

    1 week ago

    5 bd•3 ba•~2,983 sq ft•Single Family

    30302 11th Place S, Federal Way, WA 98003

    0%

    Over list

    235

    Days on market

    0.5 mi

    Distance

  • $579,500 Sold

    1 week ago

    3 bd•1.25 ba•~1,180 sq ft•Single Family

    28546 20th Avenue S, Federal Way, WA 98003

    0%

    Over list

    53

    Days on market

    0.7 mi

    Distance

  • $1,025,000 Sold

    1 week ago

    3 bd•2.5 ba•~2,670 sq ft•Single Family

    30015 1st Place S, Federal Way, WA 98003

    7%

    Under list

    117

    Days on market

    0.8 mi

    Distance

  • $700,000 Sold

    2 weeks ago

    5 bd•2.75 ba•~2,700 sq ft•Single Family

    1404 S 290th Place, Federal Way, WA 98003

    3%

    Under list

    133

    Days on market

    0.3 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 9, 2026 at 05:02am (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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