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  • Listed by: Redfin • Loren D. Ellingson
    Price cut: $25K (6/24)
    $925,000

    35816 2nd Avenue SW, Federal Way, WA 98023

    4beds
    3,265sqft
    : 
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    Single Family Residence
    Built in 2019
    7,413 Square Feet Lot
    $918,100 Zestimate®
    $283/sqft
    $25/mo HOA

    What's special

    Versatile loftDedicated office spaceConvenient upper-level laundryTankless water heaterOversized primary suiteOpen-concept designSmart home automation
    Welcome to the sought-after Bainbridge plan at Retreat Meadows, offering the perfect blend of flexibility, comfort, and modern living. A standout feature is the private lower-level ADU, complete with its own entrance, living area, bedroom, kitchenette, laundry, and full bath—ideal for multigenerational living, guests, or potential rental income. The main residence showcases an open-concept design with a spacious family room centered around a cozy gas fireplace, a gourmet kitchen featuring quartz countertops, double ovens, and abundant storage, plus a dining area perfect for everyday living and entertaining. Upstairs, retreat to the oversized primary suite, accompanied by two additional bedrooms, a versatile loft, dedicated office space, and convenient upper-level laundry. Thoughtfully appointed with keyless entry, Smart Home Automation, tankless water heater, air conditioning, and a fully fenced, professionally landscaped backyard with sprinkler system all situated on a corner lot. Ideally located near shopping, dining, parks, and major commuter routes, this exceptional home offers convenience, versatility, and contemporary style.  Don't miss the potential to expand the backyard to more than twice the size by extending the fence northward. Welcome home!
    30 days
    |
    542
    |
    22
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Loren D. Ellingson,

    Redfin

    Source: NWMLS as distributed by MLS GRID,MLS#: 2533131MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 2
      • 3/4 bathrooms: 1
      • 1/2 bathrooms: 1
      • Main level bathrooms: 2
      • Main level bedrooms: 1
      Primary bedroom
      • Level: Second
      Bedroom
      • Level: Main
      Bedroom
      • Level: Second
      Bedroom
      • Level: Second
      Bathroom full
      • Level: Second
      Bathroom full
      • Level: Second
      Bathroom three quarter
      • Level: Main
      Other
      • Level: Main
      Heating
      • 90%+ High Efficiency, Electric, Natural Gas
      Cooling
      • Has cooling: Yes
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Washer(s)
      Features
      • Flooring: Hardwood, Carpet
      • Basement: None
      • Has fireplace: No
      • Fireplace features: Gas
      Interior area
      • Total structure area: 3,265
      • Total interior livable area: 3,265 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached Garage
      • Has attached garage: Yes
      • Covered spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 7,413 Square Feet
      Details
      • Parcel number: 7242900430
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: 2 Story
      • Property subtype: Single Family Residence
      Materials
      • Metal/Vinyl
      • Foundation: Poured Concrete
      • Roof: Composition
      Condition
      • Year built: 2019

      Utilities & green energy

      • Electric: Company: Puget Sound Energy
      • Sewer: Sewer Connected, Company: Lake Haven
      • Water: Public, Company: Lake Haven
      • Utilities for property: Xfinity, Xfinity

      Community & HOA

      Community
      • Subdivision: Federal Way
      HOA
      • HOA fee: $300 annually
      • HOA phone: 253-848-1947
      Location
      • Region: Federal Way

      Financial & listing details

      • Price per square foot: $283/sqft
      • Tax assessed value: $941,000
      • Annual tax amount: $8,901
      • Date on market: 6/3/2026
      • Cumulative days on market: 31 days
      • Listing terms: Conventional
      • Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)

        Estimated market value

        $918,100

        $872,000 - $964,000

        $4,295/mo

        Price history

        DateEventPrice
        6/24/2026Price change$925,000-2.6%$283/sqft
        Source: NWMLS as distributed by MLS GRID #2533131 Report a problem
        6/4/2026Listed for sale$950,000$291/sqft
        Source: NWMLS as distributed by MLS GRID #2533131 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$9,470 +6.4%$941,000 +3.9%
        2024$8,901 +0.3%$906,000 +10.6%
        2023$8,871 +3.3%$819,000 -7.2%
        2022$8,587 +8.4%$883,000 +25.1%
        2021$7,918 +8.1%$706,000 +15.2%
        2020$7,328 +15.4%$613,000 +12.7%
        2019$6,348 $544,000

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 98023

        Getting around

        16 / 100
        Car-Dependent
        28 / 100
        Some Transit
        26 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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