Welcome to this beautifully refreshed Federal Way home, perfectly situated on a spacious lot in the highly desirable Wedgewood West cul-de-sac. Offering four bedrooms, two-and-a-half bathrooms, and a distinctive three-level design, this home blends comfort, character, and versatility with space to grow, gather, and create lasting memories. Abundant natural light pours through large windows, illuminating the thoughtfully designed living spaces and showcasing breathtaking sunset views that provide a stunning backdrop to everyday life. Each level offers its own unique charm while maintaining a seamless flow throughout the home. Step outside to enjoy the private, fully fenced backyard and two expansive decks—ideal for entertaining, summer barbecues, gatherings, or simply unwinding in a peaceful setting. The versatile lower level provides additional living space with endless possibilities, whether you envision a guest retreat, recreation room, home office, fitness area, or creative studio. Conveniently located within the Federal Way School District and just minutes from local beaches, golf courses, state parks, shopping, dining, medical facilities, and everyday amenities, this home offers the perfect balance of tranquility and accessibility.From the welcoming neighborhood and beautiful sunsets to the generous living spaces and opportunity to make it your own, this is more than a house—it's a place to call home. Don't miss your chance to own a truly special property in
Active
Listed by: Designed Realty
$619,450
4259 SW 338th Street, Federal Way, WA 98023
4beds
1,850sqft
Single Family Residence
Built in 1989
9,234 Square Feet Lot
$614,800 Zestimate®
$335/sqft
$-- HOA
What's special
Breathtaking sunset viewsPrivate fully fenced backyardAbundant natural lightLarge windowsDistinctive three-level designSpacious lotTwo-and-a-half bathrooms
- 5 days |
- 477 |
- 59 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Aline Ricardo,
Designed Realty
Source: NWMLS as distributed by MLS GRID,MLS#: 2544648
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Lower
Bathroom full
- Level: Second
Bathroom full
- Level: Second
Other
- Level: Lower
Dining room
- Level: Second
Entry hall
- Level: Main
Family room
- Level: Lower
Kitchen with eating space
- Level: Second
Living room
- Level: Main
Utility room
- Level: Lower
Heating
- Forced Air, Electric, Natural Gas
Cooling
- Forced Air
Appliances
- Included: Dishwasher, Disposal, Microwave, Refrigerator, Stove(s)/Range(s), Dishwasher(s), Garbage Disposal, Microwave(s), Refrigerator(s)
Features
- Bath Off Primary, Ceiling Fan(s), Dining Room
- Flooring: Laminate, Vinyl, Carpet
- Has fireplace: No
- Fireplace features: Wood Burning
Interior area
- Total structure area: 1,850
- Total interior livable area: 1,850 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Garage
- Has attached garage: Yes
- Covered spaces: 2
Features
- Levels: Multi/Split
- Entry location: Main
- Patio & porch: Bath Off Primary, Ceiling Fan(s), Dining Room, Vaulted Ceiling(s)
- Has view: Yes
- View description: Territorial
Lot
- Size: 9,234 Square Feet
- Features: Cul-De-Sac, Curbs, Paved, Sidewalk, Cable TV, Deck, Dog Run, Fenced-Fully, Gas Available
- Topography: Partial Slope
Details
- Parcel number: 9211520380
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Multi Level
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete, Slab
- Roof: Composition
Condition
- Very Good
- Year built: 1989
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: Lakehaven
- Water: Public, Company: Lakehaven
Community & HOA
Community
- Subdivision: Wedgewood
Location
- Region: Federal Way
Financial & listing details
- Price per square foot: $335/sqft
- Tax assessed value: $577,000
- Annual tax amount: $5,599
- Date on market: 6/23/2026
- Cumulative days on market: 6 days
- Listing terms: Conventional,FHA,VA Loan
- Inclusions: Dishwasher(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s)
Estimated market value
$614,800
$584,000 - $646,000
$3,344/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/25/2026 | Listed for sale | $619,450+8.7%$335/sqft |
Source: | ||
| 11/29/2021 | Sold | $570,000+5.6%$308/sqft |
Source: | ||
| 10/28/2021 | Pending sale | $539,950$292/sqft |
Source: | ||
| 10/26/2021 | Listed for sale | $539,950$292/sqft |
Source: | ||
| 10/25/2021 | Pending sale | $539,950$292/sqft |
Source: | ||
| 10/22/2021 | Listed for sale | $539,950$292/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,931 +5.9% | $577,000 +3.2% |
| 2024 | $5,600 +0.7% | $559,000 +10.5% |
| 2023 | $5,558 +2.8% | $506,000 -7.8% |
| 2022 | $5,409 +8% | $549,000 +24.5% |
| 2021 | $5,010 +15% | $441,000 +22.8% |
| 2020 | $4,357 +5.4% | $359,000 +4.1% |
| 2019 | $4,135 +8.2% | $345,000 +4.5% |
| 2018 | $3,821 -7.2% | $330,000 +14.6% |
| 2017 | $4,119 +21.9% | $288,000 +10.3% |
| 2016 | $3,378 | $261,000 +7.4% |
| 2015 | $3,378 | $243,000 +5.2% |
| 2014 | $3,378 | $231,000 +30.5% |
| 2013 | $3,378 | $177,000 +7.3% |
| 2012 | -- | $165,000 -18.3% |
| 2011 | -- | $202,000 -12.9% |
| 2010 | -- | $232,000 |
| 2009 | -- | $232,000 -3.7% |
| 2007 | -- | $241,000 +7.6% |
| 2006 | -- | $224,000 +7.7% |
| 2005 | -- | $208,000 +26.8% |
| 2001 | $2,206 +3.8% | $164,000 +7.9% |
| 2000 | $2,126 | $152,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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: Twin Lakes
Nearby schools
GreatSchools rating
- 6/10Green Gables Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 5/10Lakota Middle SchoolGrades: 6-8Distance: 2.1 mi
- 4/10Decatur High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Green Gables 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Washington
- King County
- Federal Way
- 98023
- Twin Lakes
- 4259 SW 338th Street







