2401 SW 316th Street Federal Way, WA $ 849,950
2401 SW 316th Street
$ 849,950
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2401 SW 316th Street

Federal Way, WA, 98023
$ 849,950
Bedrooms5 Baths2.1 Sq 3,770

Monthly Estimate*

$ 5,233

Listed by Redfin
2401 SW 316th Street, Federal Way, WA 98023 - Image 1
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Single Family Home for sale in Federal Way, WA

for $849,950 with 5 bedrooms and 2 full baths, 1 half bath. This 3,770 square foot home was built in 1966 on a lot size of 0.3533.

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.

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Single Family Active

Price

$ 849,950

Bedrooms

5

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 6,845

Style

2 Story

Lot Size

0.3533

Year Built

1966

Town/City

Federal Way

County/Region

King

MLS | Web ID

2535698

Features
General
Living Area 3770
Sewer Septic Tank
Heating Forced Air
Cooling None
Possession Closing
Roof Composition
Appliances Dishwasher Dryer Refrigerator Stove(s)/Range(s) Washer
HOA Fee 0
Security Features Security System
Year Built 1966
View Territorial
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
County King
New Construction N
Property Type Residential
HOA N
Attached Garage Y
Subdivision Name Federal Way
Facing Direction North
Garage Y/N Y
Full Baths 2
Special Listing Conditions None
Status Active
Directions From I-5 use exist 143 (as if going to the Federal Way Commons Mall) and head West. Right on 21st Ave SW heading North. Left on 316th street.
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 15388
Carport Y/N N
Listing Terms Cash Conventional FHA VA Loan
Elementary School Buyer To Verify
Land Lease Y/N N
Tax Annual Amount 6845
Middle/Junior High School Buyer To Verify
Public Remarks 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 ble
Virtual Tour https://my.matterport.com/show/?m=6ELcLMytdpc&mls=1
Structure Type House
Building Area Units Square Feet
Standard Status Active
Water Company Lake Haven
Property Style 12 - 2 Story
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Interior
Interior Amenities Bath Off Primary Dining Room Fireplace French Doors Hot Tub/Spa Security System Vaulted Ceiling(s) Walk-In Closet(s) Water Heater Wired for Generator
Basement None
Flooring Hardwood Stone Vinyl Plank
Total Fireplaces 1
Fireplace Features Wood Burning
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N Y
Half Baths 1
3/4 Baths 0
Total Bedrooms 5
Main Level Bedrooms 1
Total Baths 3
Bedrooms Possible 5
Water Heater Type Gas
Water Heater Location Downstairs
Fireplaces Main 1
Power Production Type Electric Natural Gas Wood
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 4
Baths Half Upper 0
Baths Half Main 1
Baths Half Lower 0
Baths Half Garage 0
Baths Full Upper 1
Baths Full Main 1
Baths Full Lower 0
Baths Full Garage 0
Bathrooms 2.5
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Exterior
Exterior Amenities Brick Wood
Vegetation Fruit Trees Garden Space
Parking Features Driveway Attached Garage RV Parking
Lot Features Cul-De-Sac Dead End Street Paved
Water Source Public
Total Parking 7
Inclusions Dishwasher(s) Dryer(s) Refrigerator(s) Stove(s)/Range(s) Washer(s)
Foundation Details Poured Concrete
Spa Y
Building Area Total 3770
Lot Size Acres 0.3533
Waterfront Y/N N
Covered Spaces 2
Irrigation Water Rights Y/N N
Site Features Gas Available Green House Hot Tub/Spa Outbuildings Patio RV Parking
Parking Uncovered Total 5
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Internal Only
OriginalMLSID NWM2535698
Street Number 1 2401
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* Excluded Features
List By
Macartney McQuery

Listing Agent

Redfin

Broker

Affordability Calculator

$5,804
Per Month
90%
10%
0%
Monthly Principal & Interest
$5,233
Monthly Property Taxes
$570
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
3100707 Elementary School
3100498 Middle School
Buyer To Verify High School High School
Pricing History
DatePricePrice ChangeDescription
6/5/2026$849,950 Listed Price

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2401 SW 316th Street, Federal Way, WA, 98023 is a Single Family Home for sale at $849,950 with 3,770 sqft and a lot size of 0.3533. 2401 SW 316th Street has 5 bedrooms, 2.1 baths, and was built in 1966. The property's zip code is 98023 which is in Federal Way, WA