332 S 314th Place

Federal Way, WA
$ 488,000 Beds 2 Baths 1 Sq 760 Virtual Tour
Monthly Estimate* How much can I afford?

Charming fully remodeled + turn-key home offers instant potential as a lucrative short-term rental or move-in ready retreat! Backing up to a private green buffer, the light-filled interior boasts soaring vaulted ceilings, smart ambient lighting, durable LVP flooring throughout, a cozy fireplace and a sunny bay window. The modern galley kitchen shines with sleek quartz counters and stainless appliances, while two spacious bedrooms share an upgraded full bath featuring a double vanity. Step outside to an entertainer's paradise! Large covered deck overlooks an exceptional private outdoor setting that's fully fenced with a low-maintenance yard complete with two handy garden storage sheds. Parking is a breeze with a spacious 1-car garage and ample room for RV with power hookup or boat storage. Unbeatably located just minutes from Redondo Beach perfect for catching beautiful waterfront sunsets, neighborhood parks, freeways and vibrant shopping. Welcome Home!

Active

  • Price
  • $ 488,000
  • City
  • Federal Way
  • Bedrooms
  • 2
  • Full Bathrooms
  • 1
  • County
  • KING
  • Half Bathrooms
  • 0
  • Area
  • Dash Point-Federal Way
  • Lot Size
  • 0.1669 Acres
  • Zip
  • 98003
  • Sqr Footage
  • 760
  • Year Built
  • 1980
  • Taxes
  • $ 4312
  • Style
  • Craftsman
  • MLS#
  • 2567170
Listed By: Redfin and NWMLS
Data Source: Northwest Multiple Listing Service (NWMLS)

Features

General

Living Area 760
Sewer Sewer Connected
Heating Baseboard,Wall Furnace
Cooling Window Unit(s)
Possession Closing
Roof Composition
Appliances Dishwasher,Disposal,Dryer,Microwave,Refrigerator,Stove(s)/Range(s),Washer
Architectural Style Craftsman
Security Features Fully Fenced,Security System
Year Built 1980
View Territorial
Topography Level
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Building Name Squire West
County King
New Construction No
Property Type Residential
HOA No
Attached Garage Yes
Subdivision Name Mirror Lake
Facing Direction South
Garage Y/N Yes
Full Baths 1
Special Listing Conditions None
Status Active
Directions GPS Friendly
High School Buyer To Verify
City Federal Way
Entry Location Main
Senior Community Y/N No
High School District Federal Way
MLS Area 110 - Dash Point/Federal Way
Lot Size Units Square Feet
Lot Size Square Feet 7272
Carport Y/N No
Listing Terms Cash,Conventional,FHA,VA Loan
Elementary School Buyer To Verify
Land Lease Y/N No
Tax Annual Amount 4312
Middle/Junior High School Buyer To Verify
Property Condition Updated/Remodeled
Public Remarks Charming fully remodeled + turn-key home offers instant potential as a lucrative short-term rental or move-in ready retreat! Backing up to a private green buffer,the light-filled interior boasts soar
Structure Type House
Building Area Units Square Feet
Standard Status Active
Water Company Lake Haven
Property Style 10 - 1 Story
NWM_ShowMapLink Yes

Interior Features

Interior Amenities Ceiling Fan(s),Dbl Pane/Storm Window,Dining Room,Fireplace,Security System,Vaulted Ceiling(s),Water Heater
Basement None
Flooring Ceramic Tile,Laminate
Total Fireplaces 1
Fireplace Features Wood Burning
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N Yes
Total Bedrooms 2
Main Level Bedrooms 2
Total Baths 1
Water Heater Type Electric
Water Heater Location Garage
Fireplaces Main 1
Power Production Type Electric
Baths Full Main 1
Bathrooms 1

Exterior Features

Exterior Amenities Metal/Vinyl
Vegetation Garden Space
Parking Features Driveway,Attached Garage,Off Street,RV Parking
Lot Features Cul-De-Sac,Curbs,Dead End Street,Paved,Sidewalk
Water Source Public
Total Parking 1
Inclusions Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
Foundation Details Poured Concrete
Building Area Total 760
Lot Size Acres 0.1669
Waterfront Y/N No
Covered Spaces 1
Irrigation Water Rights Y/N No
Site Features Cable TV,Deck,Fenced-Fully,High Speed Internet,Outbuildings,Patio,RV Parking

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Vancouver, WA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
Agent Photo

Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Buyer To Verify Elementary School
Middle School Buyer To Verify Middle School
High School Buyer To Verify High School

Price History

8/27/2026 Listed $488,000

Property vs Zip Code Average in 98003

Price
AVG $750K
$490K
Taxes
AVG $6,276
$4,312
Year Built
AVG 1979
1980
Visits
AVG 153
45
Data Provided by Inside Real Estate®

Areas That We Cover

332 S 314th Place Federal Way, WA is a Single Family Home for sale at $488000 with 760 sqft and a lot size of 0.1669 Acres Acre(s). 332 S 314th Place Federal Way has 2 bedrooms, 1 baths and was built in 1980. The property's zip code is 98003 which is in Federal Way, WA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.