332 S 314th Place Federal Way, WA $ 488,000
332 S 314th Place
$ 488,000
Recently Listed
Open House 8/29 11am - 1pm
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332 S 314th Place

Federal Way, WA, 98003
$ 488,000
Bedrooms2 Baths1.0 Sq 760

Monthly Estimate*

$ 3,081

Listed by Redfin
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Single Family Home for sale in Federal Way, WA

for $488,000 with 2 bedrooms and 1 full bath. This 760 square foot home was built in 1980 on a lot size of 0.1669.

Charming fully remodeled + turn-key home offers instant potential as a lucrative short-term rental or move-in ready retreat! Backing up to a private green buffer, the light-filled interior boasts soaring vaulted ceilings, smart ambient lighting, durable LVP flooring throughout, a cozy fireplace and a sunny bay window. The modern galley kitchen shines with sleek quartz counters and stainless appliances, while two spacious bedrooms share an upgraded full bath featuring a double vanity. Step outside to an entertainer's paradise! Large covered deck overlooks an exceptional private outdoor setting that's fully fenced with a low-maintenance yard complete with two handy garden storage sheds. Parking is a breeze with a spacious 1-car garage and ample room for RV with power hookup or boat storage. Unbeatably located just minutes from Redondo Beach perfect for catching beautiful waterfront sunsets, neighborhood parks, freeways and vibrant shopping. Welcome Home!

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Open House

8/29/2026 11:00 AM - 1:00 PM
8/30/2026 11:00 AM - 1:00 PM
332 S 314th Place Federal Way, WA
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Single Family Active

Price

$ 488,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 4,312

Style

Craftsman

Lot Size

0.1669

Year Built

1980

Town/City

Federal Way

County/Region

King

MLS | Web ID

2567170

Features
General
Living Area 760
Sewer Sewer Connected
Heating Baseboard Wall Furnace
Cooling Window Unit(s)
Possession Closing
Roof Composition
Appliances Dishwasher Disposal Dryer Microwave Refrigerator Stove(s)/Range(s) Washer
HOA Fee 0
Architectural Style Craftsman
Security Features Fully Fenced Security System
Year Built 1980
View Territorial
Topography Level
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Building Name Squire West
County King
New Construction N
Property Type Residential
HOA N
Attached Garage Y
Subdivision Name Mirror Lake
Facing Direction South
Garage Y/N Y
Full Baths 1
Special Listing Conditions None
Status Active
Directions GPS Friendly
High School Buyer To Verify
City Federal Way
Entry Location Main
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 7272
Carport Y/N N
Listing Terms Cash Conventional FHA VA Loan
Elementary School Buyer To Verify
Land Lease Y/N N
Tax Annual Amount 4312
Middle/Junior High School Buyer To Verify
Property Condition Updated/Remodeled
Public Remarks Charming fully remodeled + turn-key home offers instant potential as a lucrative short-term rental or move-in ready retreat! Backing up to a private green buffer the light-filled interior boasts soar
Virtual Tour https://my.matterport.com/show/?m=9ECCYTxm6Uw&mls=1
Structure Type House
Building Area Units Square Feet
Standard Status Active
Water Company Lake Haven
Property Style 10 - 1 Story
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Interior
Interior Amenities Ceiling Fan(s) Dbl Pane/Storm Window Dining Room Fireplace Security System Vaulted Ceiling(s) Water Heater
Basement None
Flooring Ceramic Tile Laminate
Total Fireplaces 1
Fireplace Features Wood Burning
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Half Baths 0
3/4 Baths 0
Total Bedrooms 2
Main Level Bedrooms 2
Total Baths 1
Water Heater Type Electric
Water Heater Location Garage
Fireplaces Main 1
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 0
Baths Half Upper 0
Baths Half Main 0
Baths Half Lower 0
Baths Half Garage 0
Baths Full Upper 0
Baths Full Main 1
Baths Full Lower 0
Baths Full Garage 0
Bathrooms 1
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Exterior
Exterior Amenities Metal/Vinyl
Vegetation Garden Space
Parking Features Driveway Attached Garage Off Street RV Parking
Lot Features Cul-De-Sac Curbs Dead End Street Paved Sidewalk
Water Source Public
Total Parking 1
Inclusions Dishwasher(s) Dryer(s) Garbage Disposal Microwave(s) Refrigerator(s) Stove(s)/Range(s) Washer(s)
Foundation Details Poured Concrete
Building Area Total 760
Lot Size Acres 0.1669
Waterfront Y/N N
Covered Spaces 1
Irrigation Water Rights Y/N N
Site Features Cable TV Deck Fenced-Fully High Speed Internet Outbuildings Patio RV Parking
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Internal Only
OriginalMLSID NWM2567170
Street Number 1 332
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* Excluded Features
List By
Andrew Maglalang-Weakley

Listing Agent

Redfin

Broker

Affordability Calculator

$3,441
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,081
Monthly Property Taxes
$359
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
3100707 Elementary School
3100498 Middle School
Buyer To Verify High School High School
Pricing History
DatePricePrice ChangeDescription
8/27/2026$488,000 Listed Price

Map


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332 S 314th Place, Federal Way, WA, 98003 is a Single Family Home for sale at $488,000 with 760 sqft and a lot size of 0.1669. 332 S 314th Place has 2 bedrooms, 1.0 baths, and was built in 1980. The property's zip code is 98003 which is in Federal Way, WA