Skip main navigation
PendingPrice cut: $50K (9/24)
$1,049,000
4beds
3,330sqft

475 SW 345th St, Federal Way, WA 98023

4beds
3,330sqft
Single Family Residence
Built in 1993
0.46 Acres Lot
$315/sqft
$71/mo HOA

What's special

Garden spaceRecent updated open-concept kitchenAlmost a half-acrePrivate retreatEv chargerNew appliancesSpacious cement patio

With the premier location, generous living spaces, high-end updates this Campus Estates home truly offers the best of everything. Built by Terry Jensen, a premier home builder known for his quality craftsmanship, this is one of only a handful of homes he built in the area—adding a distinctive piece of architectural and neighborhood history to this exceptional property. Ideally positioned on a corner lot sitting on almost a half-acre, this beautiful home is the perfect blend of luxury, comfort and outdoor living. Featuring 4 spacious bedrooms, 3 bathrooms, and a dedicated office with built-in bookcases. Recent updated open-concept kitchen, showcasing new appliances, abundant cabinetry, walk-in pantry and an oversized island designed for gathering and entertaining. Elegant marble and hardwood flooring add timeless sophistication, while the formal living room with gas fireplace creates a warm inviting space for relaxing. Step outside to your own private retreat, complete with spacious cement patio, fully fenced backyard, garden space, and storage shed. Perfect for entertaining or simply enjoying the privacy of this exceptional lot. The over-sized 3 car garage is a standout, complete with custom flooring, gladiator storage with workbench and EV charger for added convenience. Additional peace of mind comes with a newer roof, HVAC system, and water heater. This is a rare opportunity to own a home that checks all the boxes.

--
on Zillow
622
views
21
saves
Source: NWMLS as distributed by MLS GRID,MLS#: 2575218MLS Logo
Travel times

Family Room

Kitchen

Dining Room

Zillow last checked:

Listing updated:

Listed by:

Kelly Gilleland,

John L. Scott, Inc.

Source: NWMLS as distributed by MLS GRID,MLS#: 2575218MLS Logo

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 1
  • 3/4 bathrooms: 1
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1
Primary bedroom
  • Level: Second
Bedroom
  • Level: Second
Bedroom
  • Level: Second
Bedroom
  • Level: Second
Bathroom full
  • Level: Second
Bathroom three quarter
  • Level: Second
Other
  • Level: Main
Den office
  • Level: Main
Dining room
  • Level: Main
Entry hall
  • Level: Main
Family room
  • Level: Main
Kitchen with eating space
  • Level: Main
Living room
  • Level: Main
Utility room
  • Level: Main
Heating
  • Fireplace, Forced Air, Electric, Natural Gas
Cooling
  • Has cooling: Yes
Appliances
  • Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s), Water Heater Location: garage
Features
  • Bath Off Primary, Central Vacuum, Ceiling Fan(s), Dining Room, Pantry
  • Flooring: Ceramic Tile, Hardwood, Marble
  • Doors: French Doors
  • Windows: Dbl Pane/Storm Window, Skylight(s)
  • Basement: None
  • Number of fireplaces: 1
  • Fireplace features: Gas, Main Level: 1, Fireplace
Interior area
  • Total structure area: 3,330
  • Total interior livable area: 3,330 sqft
Video & virtual tour

Property

Parking
  • Total spaces: 3
  • Parking features: Driveway, Attached Garage
  • Has attached garage: Yes
  • Covered spaces: 3
Features
  • Levels: Two
  • Stories: 2
  • Entry location: Main
  • Patio & porch: Bath Off Primary, Built-In Vacuum, Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, French Doors, Jetted Tub, Pantry, Security System, Skylight(s), Sprinkler System, Vaulted Ceiling(s), Walk-In Closet(s)
  • Spa features: Bath
Lot
  • Size: 0.46 Acres
Details
  • Parcel number: 1321700180
  • Special conditions: Standard

Construction

Type & style
  • Home type: SingleFamily
  • Architectural style: 2 Story
  • Property subtype: Single Family Residence
Materials
  • Stucco
  • Foundation: Poured Concrete
  • Roof: Composition
Condition
  • Good
  • Year built: 1993
  • Major remodel year: 1993

Utilities & green energy

  • Electric: Company: PSE
  • Sewer: Sewer Connected, Company: Lakehaven
  • Water: Public, Company: Lakehaven
  • Utilities for property: Comcast

Community & HOA

Community
  • Security: Security System
  • Subdivision: Campus Highlands
HOA
  • Services included: Common Area Maintenance, Road Maintenance
  • HOA fee: $425 semi-annually
  • HOA phone: 253-852-3000
Location
  • Region: Federal Way

Financial & listing details

  • Price per square foot: $315/sqft
  • Tax assessed value: $874,000
  • Annual tax amount: $8,894
  • Date on market: 8/31/2026
  • Listing terms: Conventional,FHA,VA Loan
  • Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)

Price history

DateEventPrice
10/5/2026Pending sale$1,049,000$315/sqft
Source: NWMLS as distributed by MLS GRID #2575218 Report a problem
9/24/2026Price change$1,049,000-4.5%$315/sqft
Source: NWMLS as distributed by MLS GRID #2575218 Report a problem
8/31/2026Listed for sale$1,099,000+180.4%$330/sqft
Source: NWMLS as distributed by MLS GRID #2575218 Report a problem
10/28/1998Sold$392,000+1.8%$118/sqft
Source: Public Record Report a problem
8/27/1997Sold$385,000$116/sqft
Source: Public Record Report a problem

Public tax history

YearProperty taxesTax assessment
2025$8,895 -0.8%$874,000 -3.9%
2024$8,966 +0.7%$909,000 +10.6%
2023$8,903 +3.2%$822,000 -7.3%
2022$8,625 +14%$887,000 +31.6%
2021$7,567 +5.6%$674,000 +12.5%
2020$7,165 +2.5%$599,000 +1.5%
2019$6,992 +3.7%$590,000
2018$6,744 -8.8%$590,000 +12.8%
2017$7,394 +14%$523,000 +10.6%
2016$6,487 $473,000 -0.2%
2015$6,487 $474,000 +5.3%
2014$6,487 $450,000 +11.1%
2013$6,487 $405,000 -1.2%
2012-- $410,000 -9.7%
2011-- $454,000 -13.2%
2010-- $523,000
2009-- $523,000 -3.3%
2007-- $541,000 +6.5%
2006-- $508,000 +8.3%
2005-- $469,000 +17.5%
2001$5,259 +0.7%$399,000 +4.5%
2000$5,221 $382,000
Find assessor info on the county website

Monthly payment

Est. payment
$6,466/mo
Principal & interest
$5678
Property taxes
$717
HOA Fees
$71
More affordability toolsChevron Right

Estimated market value

Not available

Estimated sales range

Not available

Not available

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: Campus Highlands

Nearby schools

Enterprise Elementary School
Grades PK-5 • 0.4 miles
5/10
GreatSchools® Rating
Test Score Rating
3/10
Student Progress Rating
7/10
Illahee Middle School
Grades 5-8 • 1.1 miles
4/10
GreatSchools® Rating
Test Score Rating
2/10
Student Progress Rating
6/10
Todd Beamer High School
Grades 9-12 • 1.6 miles
3/10
GreatSchools® Rating
Test Score Rating
2/10
College Readiness Rating
3/10