Incredibly well maintained, versatile 4-bedroom home on a beautiful half-acre lot in Federal Way. With 1,800 sq ft and a finished basement featuring a second kitchen and separate entrance, this property offers excellent flexibility for multigenerational living, guest space, or potential income-producing use. The park-like setting is enhanced by mature trees and generous outdoor space, creating a rare sense of privacy and room to spread out and entertain. A unique opportunity for buyers seeking both functionality and long-term potential.
Active
Listed by: Pellego, Inc.
$675,000
2138 SW 305th Street, Federal Way, WA 98023
4beds
1,800sqft
Est.:
Single Family Residence
Built in 1979
0.5 Acres Lot
$656,500 Zestimate®
$375/sqft
$-- HOA
What's special
Second kitchenFinished basementSeparate entranceMature treesGenerous outdoor spaceRare sense of privacyBeautiful half-acre lot
- 3 days |
- 576 |
- 22 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: April 02, 2026 at 08:31am
Listed by:
Kyle Thompson,
Pellego, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2501252
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Bedroom
- Level: Lower
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Lower
Bathroom three quarter
- Level: Main
Great room
- Level: Lower
Kitchen with eating space
- Level: Main
Kitchen without eating space
- Level: Lower
Living room
- Level: Main
Utility room
- Level: Lower
Heating
- Fireplace, Forced Air, Electric, Natural Gas
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Trash Compactor, Washer, Dishwasher(s), Dryer(s), Refrigerator(s), Washer(s)
Features
- Dining Room
- Flooring: Laminate, Vinyl Plank, Carpet
- Basement: Daylight,Finished
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Main Level: 1, Fireplace
Interior area
- Total structure area: 1,800
- Total interior livable area: 1,800 sqft
Property
Parking
- Parking features: Driveway, Off Street
Features
- Levels: Multi/Split
- Entry location: Split
- Patio & porch: Second Kitchen, Dining Room, Fireplace
Lot
- Size: 0.5 Acres
- Features: Cable TV, Fenced-Fully, High Speed Internet, Patio
Details
- Parcel number: 0051000080
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Split Entry
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1979
Utilities & green energy
- Electric: Company: Puget Sound Energy
- Sewer: Septic Tank, Company: N/A
- Water: Public, Company: Lakehaven
- Utilities for property: Xfinity, Xfinity
Community & HOA
Community
- Subdivision: Adelaide
Location
- Region: Federal Way
Financial & listing details
- Price per square foot: $375/sqft
- Tax assessed value: $499,000
- Annual tax amount: $5,035
- Date on market: 3/31/2026
- Cumulative days on market: 5 days
- Listing terms: Conventional,FHA,VA Loan
- Inclusions: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Trash Compactor, Washer(s)
Estimated market value
$656,500
$624,000 - $689,000
$3,364/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/2/2026 | Listed for sale | $675,000$375/sqft |
Source:  NWMLS as distributed by MLS GRID #2501252 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,035 +1.2% | $499,000 +10.6% |
| 2023 | $4,976 | $451,000 -7.4% |
| 2022 | -- | $487,000 +23.3% |
| 2021 | $4,506 +15.2% | $395,000 +23.1% |
| 2020 | $3,912 +5% | $321,000 +3.5% |
| 2019 | $3,727 +8.4% | $310,000 +4.7% |
| 2018 | $3,438 -11.1% | $296,000 +9.6% |
| 2017 | $3,868 +23.9% | $270,000 +11.6% |
| 2016 | $3,122 | $242,000 +6.1% |
| 2015 | $3,122 | $228,000 +7% |
| 2014 | $3,122 | $213,000 +9.8% |
| 2013 | $3,122 | $194,000 +2.6% |
| 2012 | -- | $189,000 -6.4% |
| 2011 | -- | $202,000 -16.2% |
| 2010 | -- | $241,000 |
| 2009 | -- | $241,000 +2.1% |
| 2007 | -- | $236,000 +9.3% |
| 2006 | -- | $216,000 +6.4% |
| 2005 | -- | $203,000 +36.2% |
| 2001 | $2,011 +3.1% | $149,000 +7.2% |
| 2000 | $1,951 | $139,000 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,762/mo
Principal & interest
$3301
Property taxes
$461
More affordability tools
Climate risks
Neighborhood: Adelaide
Nearby schools
GreatSchools rating
- 3/10Adelaide Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 4/10Lakota Middle SchoolGrades: 6-8Distance: 0.7 mi
- 3/10Decatur High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Adelaide Elem
- Middle: Lakota Mid Sch
- High: Decatur High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 98023
- Washington
- King County
- Federal Way
- 98023
- Adelaide
- 2138 SW 305th Street
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