$648,850
Est. $3,291/mo4 bd•2,140 sq ft
32416 29th Avenue Sw, Federal Way, WA 98023
• Listed 2026-05-27•1 day on market
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About this home
Spacious Federal Way rambler in the desirable Twin Lakes area offering approximately 2,140 sq ft of comfortable single-level living. This well-designed home features 4 bedrooms, including a large primary suite, plus two main living areas that provide excellent flexibility for everyday living, entertaining, working from home, hobbies, or multi-use space. The open and functional layout offers great separation between gathering areas and private bedroom spaces, creating a comfortable flow throughout the home. The generous living spaces provide room to relax and gather, while the large lot offers outdoor potential for gardening, play, pets, summer barbecues, or future personalization. An attached garage adds everyday convenience, and the location offers easy access to area parks, shopping, dining, schools, commuter routes, and Twin Lakes amenities. A great opportunity to enjoy space, flexibility, and single-level living in an established Federal Way neighborhood.
Listed by Brett Bonner • BHGRE - Northwest Home Team
Listing updated: May 28, 2026 at 05:05am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2527688
Around this home
Schools
Ratings via SchoolDigger- School #391909444Public · Grades PK-5 · 1.4 mi · State rank 3 of 1,0008/10
- School #1385740022Public · Grades 6-8 · 8.0 mi · State rank 112 of 1,0006/10
- School #107927322Public · Grades 9-12 · 5.2 mi—
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.
Sold comparable homes
5 recent nearby sales, priced between $560K and $785K.
$560,000Last sold price
2605 Sw 323rd Street, Federal Way, WA 98023
$640,000Last sold price
32604 35th Avenue Sw, Federal Way, WA 98023
$785,000Last sold price
2511 Sw 347th Street, Federal Way, WA 98023
Property details
Bedrooms
- 4 bedrooms total
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.
Mortgage payment forecast
$3,940 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%.
Lifestyle
2.5/10
Car-Dependent
Most errands require a car
2.5/10
Some bikeability
Minimal bike infrastructure
3.3/10
Some Transit
A few nearby transit options
Provided by Walk Score
Ask about this home
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
Market pulse
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.
Recent sales nearby
Within 1 mile · last 6 months$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
0.7 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
$650,000 Sold
5 months ago
4 bd•2 ba•~1,770 sq ft•Single Family
3807 Sw 327th Street, Federal Way, WA 98023
0%
Over list
—
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.
Want a deeper read on this market?
Ask a RexMont agentMarket data via RentCast · Updated May 2026
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of May 29, 2026 at 12:12 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.
© 2026 Northwest Multiple Listing Service. All rights reserved.
HO
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