1240 SW 296th Street Federal Way, WA $ 1,725,000
1240 SW 296th Street
$ 1,725,000
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1240 SW 296th Street

Federal Way, WA, 98023
$ 1,725,000
Bedrooms6 Baths5.0 Sq 4,962

Monthly Estimate*

$ 10,621

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

for $1,725,000 with 6 bedrooms and 5 full baths. This 4,962 square foot home was built in 2006 on a lot size of 0.6845.

Spectacularly perched atop a private beach on the shores of Puget Sound with jaw-dropping 180° panoramic views sweeping from Maury Island to Bainbridge & beyond, this extraordinary 4,962sf, 6 bed, 5 bath bluff home on a dead-end in desirable Demarwood is a lucky find of lifetime! Set on a scenic .68 acre oasis with majestic gardens, sprawling multi-level wrap-around decks & paver patio fire pit buffered by a secluded neighborhood park. A luxurious northwest contemporary masterpiece custom-built in 2006, the spacious floor plan features exquisite finishes, copious layered lighting, dramatic architecture, soaring ceilings & oversized wall-to-wall windows with stunning views at every turn. Covered ironwood porch opens to vaulted travertine foyer with cascading open-rail staircase & contoured upper hall loft. Great room layout boasts Brazilian Cherry hardwoods, slate fireplace, french doors to den with built-ins & expansive 4-panel slider seamlessly blending the outdoors in. The extravagant gourmet kitchen exceeds all expectations with high-end commercial appliances, walk-in pantry & enormous granite center island. Mesmerizing primary suite with cathedral ceilings, sitting nook, glass-rail view balcony, custom walk-in closet & lavish bath with deep jetted tub & upscale shower spa. Secondary ensuites featured on each floor + daylight basement with recreation room, fully-equipped theater with wet bar & so much more!

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Single Family Active

Price

$ 1,725,000

Bedrooms

6

Full Bath

5

Property Type

Single Family

Taxes

$ 13,831

Style

Contemporary

Lot Size

0.6845

Year Built

2006

Town/City

Federal Way

County/Region

King

MLS | Web ID

2542369

Features
General
Living Area 4962
Sewer Sewer Connected
Heating Forced Air
Cooling None
Possession Closing
Roof Composition
Appliances Dishwasher Disposal Dryer Microwave Refrigerator Stove(s)/Range(s) Washer
HOA Fee 10.83
Association Fee Includes See Remarks
Architectural Style Contemporary
Security Features Partially Fenced Security System
Year Built 2006
View Islands Mountains Sound Territorial
Topography Level Sloped
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Community Features Park Trail(s)
Building Name Marine View Demarwood
Assoc Fee Paid Per Monthly
County King
New Construction N
Property Type Residential
HOA Y
Attached Garage Y
Subdivision Name Marine View Park
Garage Y/N Y
Green Energy Generation Solar
Full Baths 4
Special Listing Conditions None
Status Active
Directions .
High School Decatur High
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 29817
Carport Y/N N
Listing Terms Cash Conventional
Elementary School Adelaide Elem
Land Lease Y/N N
Tax Annual Amount 13831
Middle/Junior High School Lakota Mid Sch
Property Condition Very Good
Public Remarks Spectacularly perched atop a private beach on the shores of Puget Sound with jaw-dropping 180 panoramic views sweeping from Maury Island to Bainbridge & beyond this extraordinary 4 962sf 6 bed 5 bath
Virtual Tour https://upgraderealty.com/nwmls-2542369/
Structure Type House
Building Area Units Square Feet
Standard Status Active
Water Company Lakehaven Water and Sewer District
Property Style 18 - 2 Stories w/Bsmnt
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Interior
Interior Amenities Bath Off Primary Built-In Vacuum Ceiling Fan(s) Dbl Pane/Storm Window Dining Room Fireplace French Doors High Tech Cabling Jetted Tub Pantry Security System Vaulted Ceiling(s) Walk-In Closet(s) Water
Basement Daylight Finished
Flooring Ceramic Tile Hardwood Travertine
Total Fireplaces 1
Fireplace Features Gas
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N Y
Half Baths 0
3/4 Baths 1
Total Bedrooms 6
Main Level Bedrooms 1
Total Baths 5
Water Heater Type Gas
Water Heater Location Garage
Fireplaces Main 1
Power Production Type Natural Gas Solar (Unspecified)
Baths Three Quarter Garage 0
Baths Three Quarter Lower 0
Baths Three Quarter Main 1
Baths Three Quarter Upper 0
Bedrooms Lower 1
Bedrooms Upper 4
Baths Half Upper 0
Baths Half Main 0
Baths Half Lower 0
Baths Half Garage 0
Baths Full Upper 3
Baths Full Main 0
Baths Full Lower 1
Baths Full Garage 0
Bathrooms 4.75
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Exterior
Exterior Amenities Cement Planked Wood Wood Products
Vegetation Garden Space
Parking Features Driveway Attached Garage Off Street RV Parking
Lot Features Dead End Street Paved
Water Source Public
Total Parking 13
Inclusions Dishwasher(s) Dryer(s) Garbage Disposal Microwave(s) Refrigerator(s) Stove(s)/Range(s) Washer(s)
Foundation Details Poured Concrete
Building Area Total 4962
Lot Size Acres 0.6845
Waterfront Y/N N
Covered Spaces 3
Irrigation Water Rights Y/N N
Site Features Cable TV Deck Fenced-Partially High Speed Internet Patio RV Parking
Parking Uncovered Total 10
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Internal Only
OriginalMLSID NWM2542369
Street Number 1 1240
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* Excluded Features
List By
Nick Southard

Listing Agent

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Broker

Affordability Calculator

$11,774
Per Month
90%
10%
0%
Monthly Principal & Interest
$10,621
Monthly Property Taxes
$1,153
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
257285 Elementary School
258351 Middle School
Decatur High High School
Pricing History
DatePricePrice ChangeDescription
6/19/2026$1,725,000 Listed Price

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1240 SW 296th Street, Federal Way, WA, 98023 is a Single Family Home for sale at $1,725,000 with 4,962 sqft and a lot size of 0.6845. 1240 SW 296th Street has 6 bedrooms, 5.0 baths, and was built in 2006. The property's zip code is 98023 which is in Federal Way, WA