$860,000
Est. $4,362/mo5 bd•0.5 ba•3,010 sq ft
2139 Sw 316th Street, Federal Way, WA 98023
• Listed 2025-05-02•New today
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Price adjustment! Sitting back from the street is a lovely basement rambler. This is two lots totaling an acre. You could develop the back lot or continue with the bird sanctuary that it is. All your living can be done on he main floor. The exquisite kitchen came out of the Seattle home show w/all the bells & whistles. Adjacent family room & eating area look out to secluded back yard. French doors lead to library/office. New blinds & window coverings. The main bath has been updated. 3 bedrooms on the main floor. Downstairs is an enormous recreation room with fireplace, bar area. 3/4 bath adjoining two bedrooms and shop area for all your projects. Enormous patio w/water feature, fire pit, covered area, garden bench, & trail to back lot.
Listed by Jennifer Dovey • Windermere RE South Sound, Inc
Listing updated: August 22, 2025 at 04:04am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2360214
Open houses
No upcoming open houses scheduled for this property.
5 recent nearby sales, priced between $560K and $820K.
$560,000Last sold price
2605 Sw 323rd Street, Federal Way, WA 98023
$775,000Last sold price
3104 Sw 311th Street, Federal Way, WA 98023
$640,000Last sold price
32604 35th Avenue Sw, Federal Way, WA 98023
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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: 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 29 days.
$750,000 Sold
4 months ago
4 bd•2 ba•~2,872 sq ft•Single Family
31611 37th Avenue Sw, Federal Way, WA 98023
0%
Over list
—
Days on market
0.8 mi
Distance
$580,000 Sold
4 months ago
3 bd•1.5 ba•~2,100 sq ft•Single Family
31532 36th Avenue Sw, Federal Way, WA 98023
3%
Under list
—
Days on market
0.7 mi
Distance
$620,000 Sold
4 months ago
3 bd•2.5 ba•~1,680 sq ft•Single Family
1723 Sw 324th Street, Federal Way, WA 98023
0%
Over list
—
Days on market
0.6 mi
Distance
$755,000 Sold
5 months ago
4 bd•2.5 ba•~2,510 sq ft•Single Family
1119 Sw 325th Place, Federal Way, WA 98023
3%
Under list
—
Days on market
0.9 mi
Distance
$489,000 Sold
5 months ago
3 bd•1 ba•~1,230 sq ft•Single Family
32528 26th Avenue Sw, Federal Way, WA 98023
0%
Over list
—
Days on market
0.6 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 via RentCast · Updated May 2026
Schools shown are the nearest public Elementary, Middle, and High school for this property. School district boundaries change — verify the assigned school with the district before purchasing.