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.
Property Details
Price:
$849,950
MLS #:
NWM2535698
Status:
Active
Beds:
5
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Federal Way
Neighborhood:
110dashpointfederalway
Listed Date:
Jun 5, 2026
Finished Sq Ft:
3,770
Total Sq Ft:
3,770
Lot Size:
15,388 sqft / 0.35 acres (approx)
Year Built:
1966
See this Listing
Schools
School District:
Federal Way
Elementary School:
Buyer To Verify
Middle School:
Buyer To Verify
High School:
Buyer To Verify
Interior
Appliances
Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Washer
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
None
Fireplaces Total
1
Flooring
Hardwood, Stone, Vinyl Plank
Heating
Forced Air
Interior Features
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
Levels
Two
Main Level Bathrooms
2
Main Level Bedrooms
1
Exterior
Attached Garage YN
1
Construction Materials
Brick, Wood
Covered Spaces
2
Direction Faces
North
Exterior Features
Brick, Wood
Lot Features
Cul-De-Sac, Dead End Street, Paved
Parking Features
Driveway, Attached Garage, RV Parking
Parking Spots
7
Parking Total
7
Roof
Composition
Security Features
Security System
View
Territorial
Financial
Tax Year
2025
Taxes
$6,845
Map
Community
- Address2401 SW 316th Street Federal Way WA
- SubdivisionFederal Way
- CityFederal Way
- CountyKing
- Zip Code98023
Subdivisions in Federal Way
- Adelaide
- Alderbrook
- Alderdale
- Buenna
- Campus Estates
- Campus Highlands
- Central Federal Way
- Dash Point
- Dumas Bay
- Enchanted Village
- Federal Way
- Jovita
- Killarney
- Lake Killarney
- Lakota
- Laurelwood
- Madrona
- Marine Hills
- Marine View Park
- Mirror Lake
- North Lake
- Northshore
- Panther Lake
- Redondo
- Regency Woods
- S Federal Way
- Star Lake
- Steel Lake
- Tacoma
- Twin Lakes
- Wedgewood
- West Campus
- West Hill
Market Summary
Current real estate data for Single Family in Federal Way as of Jun 10, 2026
226
Single Family Listed
56
Avg DOM
356
Avg $ / SqFt
$819,737
Avg List Price
Property Summary
- Located in the Federal Way subdivision, 2401 SW 316th Street Federal Way WA is a Single Family for sale in Federal Way, WA, 98023. It is listed for $849,950 and features 5 beds, 3 baths, and has approximately 3,770 square feet of living space, and was originally constructed in 1966. The current price per square foot is $225. The average price per square foot for Single Family listings in Federal Way is $356. The average listing price for Single Family in Federal Way is $819,737. To schedule a showing of MLS#nwm2535698 at 2401 SW 316th Street in Federal Way, WA, contact your Best in the West agent at 206-351-5550.
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© 2026 Northwest Multiple Listing Service as distributed by MLS GRID.
represents listings courtesy of NWMLS. Listed by Redfin.
Disclaimer: Based on information submitted to the MLS GRID as of Jun-10-2026 5:17:34 pm. 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.
Copyright 2026. All rights reserved.
represents listings courtesy of NWMLS. Listed by Redfin.Disclaimer: Based on information submitted to the MLS GRID as of Jun-10-2026 5:17:34 pm. 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.
Copyright 2026. All rights reserved.
2401 SW 316th Street
Federal Way, WA


