$635,000
Est. $3,221/mo4 bd•1,790 sq ft
1229 S 312th Street, Federal Way, WA 98003
• Listed 2026-05-08•16 days on market
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Based on information submitted to the MLS GRID as of June 1, 2026 at 9:44 AM PDT (date and time MLS GRID Data was obtained). 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.
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Completely remodeled home with versatile daylight lower level and income potential! This 1,790 sq ft home sits on a spacious 9,375 sq ft lot and features 4 bedrooms, 3 full baths, and attached 1-car garage. Fully upgraded house with brand new roof, furncace, water heater, A/C, kitchen, flooring and much more. Main floor offers a bright living room, updated kitchen, dining area, gig laundry room, guest bedroom, and spacious primary suite with private full bath, plus an additional full bathroom. Lower level includes 2 bedrooms, full bath, entertainment room with kitchenette, second laundry area, and separate entrance with private door access, creating excellent flexibility for Multi-Generational living, guests, or potential rental use. Lower level could function as a separate living space or possible ADU setup. Beautiful updates throughout make this home truly move-in ready. Enjoy the HUGE private fully fenced lot, and convenient location close to shopping mall, dining, schools, and commuter routes. Endless possibilities in this thoughtfully updated property!
Listed by Eugene Balika • Pellego, Inc.
Listing updated: May 15, 2026 at 12:31pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2520674
Open houses
No upcoming open houses scheduled for this property.
5 recent nearby sales, priced between $518K and $777K.

$625,000Last sold price
833 S Dash Point Road, Federal Way, WA 98003

$776,759Last sold price
37517 30th Place S #31, Federal Way, WA 98003

$724,029Last sold price
37505 30th Place S #lot30, Federal Way, WA 98003
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
$3,856 per month
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$675,000
440 S 304th Street, Federal Way, WA 98003
Ryan Gardner · The Joseph Group

$599,950
32424 10th Place S, Federal Way, WA 98003
Kenneth Patton · COMPASS

$579,950
30108 2nd Avenue Sw, Federal Way, WA 98023
Chris Bierrum · Real Broker LLC

$555,000
2802 S 304th Street, Federal Way, WA 98003
Linh Huynh · Skyline Properties, Inc.

$769,000
28041 14th Court S, Federal Way, WA 98003
Kyong Pitts · Kingstar Realty Inc.

$699,000
29105 13th Avenue S, Federal Way, WA 98003
John Dozier · Every Door Real Estate
Federal Way is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 38 days.
$949,422 Sold
2 months ago
5 bd•2 ba•~2,983 sq ft•Single Family
30218 11th Place S, Federal Way, WA 98003
0%
Over list
—
Days on market
0.7 mi
Distance
$922,580 Sold
5 months ago
5 bd•2 ba•~2,983 sq ft•Single Family
30214 11th Place S, Federal Way, WA 98003
0%
Over list
—
Days on market
0.7 mi
Distance
$995,000 Sold
5 months ago
4 bd•1 ba•~2,560 sq ft•Single Family
29628 10th Place S, Federal Way, WA 98003
2%
Over list
—
Days on market
1.0 mi
Distance
$645,000 Sold
5 months ago
4 bd•1 ba•~2,500 sq ft•Single Family
528 S 302nd St, Federal Way, WA 98003
2%
Under list
—
Days on market
0.8 mi
Distance
$580,000 Sold
5 months ago
4 bd•1 ba•~2,320 sq ft•Single Family
30012 8th Avenue S, Federal Way, WA 98003
5%
Over list
—
Days on market
0.8 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
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Ask a RexMont agentMarket data via RentCast · Updated Jun 2026
Schools shown are the nearest public Elementary, Middle, and High school for this property. School district boundaries change — verify the assigned school with the district before purchasing.