$849,950
Est. $4,307/mo5 bd•2.5 ba•3,770 sq ft
2401 Sw 316th Street, Federal Way, WA 98023
• Listed 2026-06-05•3 days on market
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Based on information submitted to the MLS GRID as of June 10, 2026 at 09:48am (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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Rare opportunity: a charming cottage on a lush 1/3 acre lot featuring a coveted main-floor primary, ideal for multigen living, guests, or flexible living. Nestled on a quiet, tranquil block, this home blends character, space, and comfort. Step through the cheerful red Dutch door to brand-new flooring throughout the main level & a beautiful new staircase handrail. Crisp white millwork & built-ins enhance the home's timeless cottage appeal. The sunken formal living room features a classic fireplace and French doors, while the formal dining room offers a built-in buffet wall. The spacious kitchen with center island and gas cooking is flanked by the dining room on one side and an open eating area and wainscoted family room on the other, creating excellent flow for daily living and entertaining. The main-floor primary suite includes an oversized dressing room, two walls of closets, and an attached bath. A large den/office downstairs offers flexibility as a guest room or additional bedroom. Upstairs are oversized, sunlit bedrooms with treetop views, including a second primary-sized bedroom with WIC + updated bath w/ marble-topped vanity. Plus a dedicated laundry room, expansive unfinished attic & garage storage. Outside, a greenhouse & storage outbuilding complement the established gardens, level lawn, & towering trees, creating a truly park-like setting. Minutes to Puget Sound beaches, parks, shopping, & commuter routes. Character, space, & flexibility—this one checks every box.
Listed by Macartney McQuery • Redfin
Listing updated: June 10, 2026 at 09:48am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2535698
Open houses
3 datesNearby open houses (3)
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Open Sun, Jun 1410:00 AM – 5:00 PM
$1.04M5 bd · 3 ba · 2,962 sqft
34204 Sw 19th (lot 35) Avenue Sw, Federal Way, WA 98023
$946,000
+$96,050 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $698K and $996K.
Rental earnings
$2,850/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$840,000Last sold price
2139 Sw 316th Street, Federal Way, WA 98023
$750,000Last sold price
1851 Sw 304th Street, Federal Way, WA 98023
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
2401 Sw 316th Street, Federal Way, WA 98023
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.
Neighborhood mobility
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
$5,089 per month
Great rateTakes about 5 minutes & won't affect your credit
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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: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 4 days.
$850,000 Sold
2 months ago
5 bd•3 ba•~3,545 sq ft•Single Family
32130 27th Avenue Sw, Federal Way, WA 98023
0%
Over list
—
Days on market
0.4 mi
Distance
$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
0.6 mi
Distance
$620,000 Sold
5 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
$664,999 Sold
5 months ago
3 bd•2.5 ba•~1,500 sq ft•Single Family
32616 36th Avenue Sw, Federal Way, WA 98023
0%
Over list
—
Days on market
0.9 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 from MLS GRID / NWMLS · Updated Jun 2026
Federal Way School District
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.
