Pride of ownership shines throughout this one-owner, custom-built home, nestled on a private 0.87-acre lot. This spacious 4-bedroom home features a well-designed floor plan with a generous kitchen that opens to the inviting family room, creating the perfect space for everyday living and entertaining. Formal living and dining rooms provide elegant spaces for hosting friends. Step outside to enjoy a peaceful, private flat yard and garden.A rare, main-floor bedroom, located next to a full bathroom, offers flexible living and can easily be used as a home office or guest room. Two bedrooms plus a primary bedroom with walk in closet and large bathroom complete the upstairs. Enjoy morning coffee on the primary deck over looking the garden.Outside, you'll find a detached outbuilding ideal for use as a workshop, extra garage, or hobby space. Surrounded by a peaceful, private setting, this well-maintained property combines comfort, versatility, and room to grow.
Active
Listed by: RSVP Brokers ERA • Kathleen Filbert
$870,000
5201 SW 318th Court, Federal Way, WA 98023
4beds
2,970sqft
Single Family Residence
Built in 1986
0.87 Acres Lot
$-- Zestimate®
$293/sqft
$-- HOA
What's special
Peaceful private settingGenerous kitchenInviting family roomWell-designed floor plan
- 26 days |
- 1,430 |
- 127 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Kathleen Filbert,
RSVP Brokers ERA
Source: NWMLS as distributed by MLS GRID,MLS#: 2557173
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Level: Second
Bedroom
- Level: Main
Bedroom
- Level: Second
Bedroom
- Level: Second
Bathroom full
- Level: Main
Bathroom full
- Level: Second
Bathroom full
- Level: Second
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, 90%+ High Efficiency, Electric, Natural Gas
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Refrigerator(s), Washer(s)
Features
- Dining Room
- Flooring: Hardwood, Carpet
- Windows: Dbl Pane/Storm Window, Skylight(s)
- Basement: None
- Number of fireplaces: 2
- Fireplace features: Gas, Wood Burning, Main Level: 2, Fireplace
Interior area
- Total structure area: 2,970
- Total interior livable area: 2,970 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Garage, RV Parking
- Has attached garage: Yes
- Covered spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Dbl Pane/Storm Window, Dining Room, Fireplace, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s)
Lot
- Size: 0.87 Acres
- Features: Cul-De-Sac, Deck, Gas Available, Outbuildings, RV Parking, Shop
- Topography: Level
- Residential vegetation: Garden Space
Details
- Parcel number: 1021039043
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 2 Story
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Roof: Composition
Condition
- Year built: 1986
- Major remodel year: 1986
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Subdivision: Federal Way
HOA
- HOA phone: 206-940-3346
Location
- Region: Federal Way
Financial & listing details
- Price per square foot: $293/sqft
- Tax assessed value: $812,000
- Annual tax amount: $695
- Date on market: 7/23/2026
- Cumulative days on market: 27 days
- Listing terms: Conventional,FHA,VA Loan
- Inclusions: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/23/2026 | Listed for sale | $870,000$293/sqft |
Source:  NWMLS as distributed by MLS GRID #2557173 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $723 +3.9% | $322,000 |
| 2024 | $695 -0.2% | $322,000 |
| 2023 | $697 | $322,000 |
| 2022 | -- | $322,000 |
| 2021 | $770 -6.5% | $322,000 |
| 2020 | $823 +0% | $322,000 |
| 2019 | $823 -49.6% | $322,000 |
| 2018 | $1,634 -4.4% | $322,000 -19.3% |
| 2017 | $1,710 -27% | $399,000 +11.5% |
| 2016 | $2,342 | $358,000 +6.2% |
| 2015 | $2,342 | $337,000 +7% |
| 2014 | $2,342 | $315,000 +9.8% |
| 2013 | $2,342 | $287,000 +5.5% |
| 2012 | -- | $272,000 -6.2% |
| 2011 | -- | $290,000 -9.9% |
| 2010 | -- | $322,000 |
| 2009 | -- | $322,000 |
| 2007 | -- | $322,000 |
| 2006 | -- | $322,000 |
| 2005 | -- | $322,000 +24.8% |
| 2001 | $3,427 +3.5% | $258,000 +7.5% |
| 2000 | $3,310 | $240,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Twin Lakes
Nearby schools
GreatSchools rating
- 8/10Twin Lakes Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 5/10Lakota Middle SchoolGrades: 6-8Distance: 2.1 mi
- 4/10Decatur High SchoolGrades: 9-12Distance: 1.5 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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