$799,000
Est. $4,053/mo5 bd•0.5 ba•2,990 sq ft
1851 Sw 304th Street, Federal Way, WA 98023
• Listed 2025-05-09•New today
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Based on information submitted to the MLS GRID as of May 29, 2026 at 6:53 PM PDT (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.
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New Price Alert – Now $799,000! Opportunity knocks with this move-in ready home on 1.03 private acres in Federal Way. Featuring fresh paint, new carpet, updated windows, and a versatile layout, this home is designed for flexibility and comfort. The bonus room with private entrance is perfect for multi-generational living, a home business, or rental potential. Enjoy a Jacuzzi tub, walk-in pantry, and two large storage sheds offering plenty of space. Whether you're looking to expand or enjoy the open space, this rare oversized lot offers endless possibilities. Located minutes from schools, parks, shopping, and I-5 for an easy commute. Exceptional value at $799K—don’t wait, schedule your private tour today!
Listed by Nettasha Reese • Pellego, Inc.
Listing updated: September 27, 2025 at 04:03am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2373341
5 recent nearby sales, priced between $560K and $1.3M.

$1,300,000Last sold price
29873 Marine View Drive Sw, Federal Way, WA 98023

$775,000Last sold price
3104 Sw 311th Street, Federal Way, WA 98023

$560,000Last sold price
2605 Sw 323rd Street, Federal Way, WA 98023
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
$4,852 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedEstimate 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.
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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.
$510,950 Sold
4 months ago
3 bd•1.5 ba•~1,350 sq ft•Single Family
803 Sw Dash Point Road, Federal Way, WA 98023
2%
Under list
—
Days on market
0.6 mi
Distance
$445,000 Sold
5 months ago
3 bd•1 ba•~840 sq ft•Single Family
627 Sw 305th Street, Federal Way, WA 98023
1%
Over list
—
Days on market
0.7 mi
Distance
$599,995 Sold
5 months ago
4 bd•1.5 ba•~2,000 sq ft•Single Family
29929 4th Avenue Sw, Federal Way, WA 98023
0%
Over list
—
Days on market
0.9 mi
Distance
$955,000 Sold
5 months ago
4 bd•1 ba•~3,920 sq ft•Single Family
714 Sw 296th Street, Federal Way, WA 98023
4%
Under list
—
Days on market
0.9 mi
Distance
$640,000 Sold
5 months ago
3 bd•1 ba•~1,920 sq ft•Single Family
2004 Sw 306th Place, Federal Way, WA 98023
3%
Under list
—
Days on market
0.1 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
4.0/10
Car-Dependent
Most errands require a car
3.9/10
Some bikeability
Minimal bike infrastructure
2.4/10
Minimal Transit
It is possible to get on a bus
Provided by Walk Score
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.