$3,098,000
Est. $15,714/mo5 bd•0.5 ba•6,820 sq ft
29816 23rd Avenue Sw, Federal Way, WA 98023
• Listed 2026-06-01•New today
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Based on information submitted to the MLS GRID as of June 1, 2026 at 11:14 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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Introducing a once-in-a-lifetime architectural masterpiece in the coveted Adelaide neighborhood of Federal Way. This extraordinary 6,820 sqft custom estate with 5 bedrooms and 5 baths was designed to capture commanding, unobstructed views of the Puget Sound and surrounding mountains through breathtaking walls of floor-to-ceiling glass. A dramatic 5’x8’ pivot entry door welcomes you into soaring 10'+ceilings, a grand floating staircase, European hardwood floors, and 3 custom fireplaces.The chef’s kitchen is nothing short of spectacular, showcasing floor-to-ceiling Tafisa Lumnia cabinetry, stunning Taj Mahal quartzite, Z-Line professional appliances, an oversized statement island, and a fully appointed butler’s pantry. The main-level primary suite is a private sanctuary with its own view deck, spa-caliber 5-piece bath adorned with custom tile, Brassna fixtures, heated floors, and a freestanding soaking tub. 3 bedroom offers en-suite luxury. The lower level is designed for unforgettable entertaining or multi-generational living, featuring a 2nd kitchen, theater or guest suite, and an impressive 10-person steam and sauna retreat. A 950 sqft garage with soaring ceilings, epoxy floors, custom built-ins, and oversized doors elevates the experience even further. Set on a meticulously landscaped half-acre with three expansive view decks and a grand driveway, this residence is the epitome of elegance, craftsmanship, and refined Northwest luxury.
Listed by Roman Shulyak • Kronos Real Estate
Listing updated: June 1, 2026 at 10:54am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2532755
Open houses
No upcoming open houses scheduled for this property.
3 recent nearby sales, priced between $1.28M and $2M.

$2,000,000Last sold price
31001 39th Avenue Sw, Federal Way, WA 98023

$1,283,950Last sold price
33504 4th Court Sw, Federal Way, WA 98023

$1,695,000Last sold price
35825 4th Place Sw, Federal Way, WA 98023
$18,812 per month
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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 26 days.
$510,950 Sold
5 months ago
3 bd•1.5 ba•~1,350 sq ft•Single Family
803 Sw Dash Point Road, Federal Way, WA 98023
2%
Under list
—
Days on market
0.8 mi
Distance
$445,000 Sold
5 months ago
3 bd•1 ba•~840 sq ft•Single Family
627 Sw 305th Street, Federal Way, WA 98023
1%
Over list
—
Days on market
0.9 mi
Distance
$599,995 Sold
5 months ago
4 bd•1.5 ba•~2,000 sq ft•Single Family
29929 4th Avenue Sw, Federal Way, WA 98023
0%
Over list
—
Days on market
1.0 mi
Distance
$955,000 Sold
5 months ago
4 bd•1 ba•~3,920 sq ft•Single Family
714 Sw 296th Street, Federal Way, WA 98023
4%
Under list
—
Days on market
0.8 mi
Distance
$640,000 Sold
5 months ago
3 bd•1 ba•~1,920 sq ft•Single Family
2004 Sw 306th Place, Federal Way, WA 98023
3%
Under list
—
Days on market
0.5 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
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.