1027 SW 348th Place Federal Way, WA $ 615,000
1027 SW 348th Place
$ 615,000
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1027 SW 348th Place

Federal Way, WA, 98023
$ 615,000
Bedrooms3 Baths2.1 Sq 1,740

Monthly Estimate*

$ 3,787

Listed by Best Choice Network LLC
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Single Family Home for sale in Federal Way, WA

for $615,000 with 3 bedrooms and 2 full baths, 1 half bath. This 1,740 square foot home was built in 1989 on a lot size of 0.1698.

In the heart of Federal Way, this inviting home offers the perfect balance of comfort and convenience. Located just minutes from major commuting routes including Interstate 5 and State Route 18, residents enjoy seamless access to Seattle, Tacoma, and surrounding employment hubs. Everyday essentials are just around the corner with a variety of grocery options nearby, including Trader Joe's, Safeway, WinCo Foods, and H Mart, offering everything from fresh produce to international specialties. Dining and casual eateries are plentiful within minutes, creating a vibrant local lifestyle with convenient takeout and sit-down options close to home. The property is also just a short drive to major retail and entertainment destinations like The Commons at Federal Way, providing a wide selection of shopping, dining, and services. Set in an established neighborhood, this home combines suburban tranquility with unbeatable proximity to daily conveniences, spacious front and back yard; making it an excellent choice for commuters and those seeking easy access to everything Federal Way has to offer.

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Single Family Pending

Price

$ 615,000

Bedrooms

3

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 5,605

Style

2 Story

Lot Size

0.1698

Year Built

1989

Town/City

Federal Way

County/Region

King

MLS | Web ID

2501485

Features
General
Living Area 1740
Sewer Available
Heating 90%+ High Efficiency Forced Air Heat Pump
Cooling 90%+ High Efficiency Forced Air Heat Pump
Possession Closing
Roof Composition
Appliances Dishwasher Disposal Dryer Microwave Refrigerator Stove(s)/Range(s) Washer
HOA Fee 200
Security Features Fully Fenced Security System
Year Built 1989
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Building Name Meadow Park Div No 01
Assoc Fee Paid Per Annually
County King
New Construction N
Property Type Residential
HOA Y
Attached Garage Y
Subdivision Name Federal Way
Garage Y/N Y
Full Baths 2
Special Listing Conditions None
Status Pending - Backup Offer Requested
Directions GPS works fine
City Federal Way
Senior Community Y/N N
High School District Federal Way
MLS Area 110 - Dash Point/Federal Way
Lot Size Units Square Feet
Lot Size Square Feet 7397
Carport Y/N N
Listing Terms Cash Conventional FHA VA Loan
Land Lease Y/N N
Tax Annual Amount 5605.84
Public Remarks In the heart of Federal Way this inviting home offers the perfect balance of comfort and convenience. Located just minutes from major commuting routes including Interstate 5 and State Route 18 reside
Structure Type House
Building Area Units Square Feet
Standard Status Pending
Water Company Lake Haven Water & Sewer District
Property Style 12 - 2 Story
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Interior
Interior Amenities Bath Off Primary Dining Room Security System Walk-In Closet(s) Water Heater
Basement None
Flooring Engineered Hardwood Carpet
Total Fireplaces 0
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Half Baths 1
3/4 Baths 0
Total Bedrooms 3
Main Level Bedrooms 0
Total Baths 3
Water Heater Type Gas
Water Heater Location Garage
Power Production Type Electric
Baths Three Quarter Garage 0
Baths Three Quarter Lower 0
Baths Three Quarter Main 0
Baths Three Quarter Upper 0
Bedrooms Lower 0
Bedrooms Upper 3
Baths Half Upper 0
Baths Half Main 1
Baths Half Lower 0
Baths Half Garage 0
Baths Full Upper 2
Baths Full Main 0
Baths Full Lower 0
Baths Full Garage 0
Bathrooms 2.5
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Exterior
Exterior Amenities Cement Planked
Vegetation Garden Space
Parking Features Driveway Attached Garage Off Street
Lot Features Paved Sidewalk
Water Source Public
Total Parking 4
Inclusions Dishwasher(s) Dryer(s) Garbage Disposal Microwave(s) Refrigerator(s) Stove(s)/Range(s) Washer(s)
Foundation Details Poured Concrete
Building Area Total 1740
Lot Dimensions 7397
Lot Size Acres 0.1698
Waterfront Y/N N
Covered Spaces 2
Irrigation Water Rights Y/N N
Site Features Cable TV Dog Run Fenced-Fully High Speed Internet
Parking Uncovered Total 2
Lot Number 77
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Internal Only
OriginalMLSID NWM2501485
Street Number 1 1027
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* Excluded Features
List By
Estephany Lagmay

Listing Agent

Best Choice Network Llc

Broker

Affordability Calculator

$4,254
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,787
Monthly Property Taxes
$467
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
258885 Elementary School
257703 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/2/2026$615,000 Listed Price

Map


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1027 SW 348th Place, Federal Way, WA, 98023 is a Single Family Home for sale at $615,000 with 1,740 sqft and a lot size of 0.1698. 1027 SW 348th Place has 3 bedrooms, 2.1 baths, and was built in 1989. The property's zip code is 98023 which is in Federal Way, WA