Don't PASS us up because of DOM, WE have a NEW price and more information to share the great featured investment possibilities..Located in desirable West Federal Way near the Dash Point area, this beautifully maintained 4-bedroom, 2-bath home offers 1,800 sq ft of flexible living on an incredible half-acre lot. Surrounded by mature trees and classic Pacific Northwest beauty, the 21,780 sq ft property offers endless possibilities—garden, entertain, create play space, or potentially add a detached garage or shop for additional storage and convenience. The finished lower level features a second kitchen and separate entrance, ideal for multigenerational living, guests, a home office, or additional living space. Enjoy the privacy of your own park-like retreat while staying connected—approximately 20 minutes to Sea-Tac Airport, 10 minutes to Federal Way light rail, and minutes from major King County highways. A rare opportunity combining land, location, versatility, and Northwest living! Easy to convert back single car garage!! Market VALUE on apartment on lower level is estimated at $1850-1950 a month. UPPER level can rent for $2500.00 per month. Hard to find land to add a ADU or DADU for more rental income or additional housing purposes.
Active
Listed by: Coldwell Banker Danforth • Gina Lane • 253-569-9493
$625,000
2138 SW 305th Street, Federal Way, WA 98023
4beds
1,800sqft
Single Family Residence
Built in 1979
0.5 Acres Lot
$609,100 Zestimate®
$347/sqft
$-- HOA
What's special
Second kitchenFinished lower levelSeparate entranceSurrounded by mature treesIncredible half-acre lot
- --
- on Zillow
- 401
- views
- 35
- saves
Zillow last checked:
Listing updated:
Listed by:
Gina Lane 253-569-9493 Gina.L@comcast.net,
Coldwell Banker Danforth
Source: NWMLS as distributed by MLS GRID,MLS#: 2589768
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
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), Water Heater: Gas, Water Heater Location: Utility closet
Features
- Bath Off Primary, Dining Room, High Tech Cabling
- Flooring: Laminate, Vinyl Plank, Carpet
- Windows: Dbl Pane/Storm Window
- Basement: Daylight,Finished
- Number of fireplaces: 1
- Fireplace features: Gas, Upper Level: 1, Fireplace
Interior area
- Total structure area: 1,800
- Total interior livable area: 1,800 sqft
Video & virtual tour
Property
Parking
- Total spaces: 6
- Parking features: Driveway, Off Street
- Uncovered spaces: 6
Features
- Levels: Multi/Split
- Entry location: Main
- Patio & porch: Second Kitchen, Bath Off Primary, Dbl Pane/Storm Window, Dining Room, Fireplace, High Tech Cabling, Water Heater
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.5 Acres
- Features: Dead End Street, Value In Land, Cable TV, Fenced-Fully, High Speed Internet, Patio
- Topography: Level,Partial Slope
- Residential vegetation: Garden Space
Details
- Parcel number: 0051000080
- Zoning: RS9.6
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Split Entry
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Slab
- Roof: Composition
Condition
- Good
- Year built: 1979
Utilities & green energy
- Electric: Company: PSE
- Sewer: Septic Tank, Company: Septic
- Water: Public, Company: Lakehaven
Community & HOA
Community
- Subdivision: Adelaide
Location
- Region: Federal Way
Financial & listing details
- Price per square foot: $347/sqft
- Tax assessed value: $530,000
- Annual tax amount: $5,035
- Date on market: 10/2/2026
- Listing terms: Conventional,FHA,VA Loan
- Inclusions: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Trash Compactor, Washer(s)
Estimated market value
$609,100
$579,000 - $640,000
$3,368/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/2/2026 | Listed for sale | $625,000$347/sqft |
Source:  NWMLS as distributed by MLS GRID #2589768 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,475 +8.7% | $530,000 +6.2% |
| 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
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Adelaide
Nearby schools
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.
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