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$440,000

  • Sold
  • Closed
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 1,910 Sq. Ft.
  • Updated 5 days ago

Listed by Antonio Calimano Montanez | Orchard Brokerage, LLC | (844) 819-1373
Sold by Ian M. McRae | Compass

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Calling all visionaries, contractors, and value-add investors! This split-level home in a quiet, established Federal Way neighborhood is a rare opportunity to build serious equity through sweat and smart renovation. Originally built in 1976, this 3-bedroom home offers a classic split-level layout with distinct living spaces on each level - a floor plan that has stood the test of time and just needs your vision to shine again.Yes, this home needs love - plenty of it - but that's exactly where the opportunity lies. Priced to reflect its condition, this is your chance to secure a home in a desirable pocket of Federal Way at a fraction of market-ready pricing, then customize every finish to your own taste.This location works in your favor: tucked into an established residential street with mature landscaping and long-time neighbors, it's convenient to Highway 99 and I-5 for an easy commute, and just minutes from Dash Point State Park and Beach, French Lake Off-Leash Dog Park, and Alderdale Park. Everyday essentials are close by too, with Safeway, Fred Meyer, and QFC nearby, along with local favorites like Bigfoot Java and JP's Tavern. Federal Way's housing market has shown strong, consistent demand, making this a smart long-term hold or flip.The bones are here - the potential is yours to unlock. Whether you're an investor looking for your next project, a contractor ready to add value, or a buyer with a vision and some DIY grit, this split-level offers the space and structure.

Full Property Details for 2221 SW 306th Pl

General

  • Sold For: $440,000
  • Taxes: $5,657 (2026)
  • Status: Closed
  • Type: Single Family
  • Source: NWMLS
  • MLS ID: 2561710
  • Added to Site: 25 day(s) ago

Interior

  • Interior Features: Ceiling Fan(s), Dining Room, Fireplace, Vaulted Ceiling(s)
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Gas
  • Appliances: Dishwasher(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s)
  • Flooring: Ceramic Tile, Engineered Hardwood, Vinyl, Carpet

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Upper - Full Baths: 2
  • Lower - 1/2 Baths: 1

Bedrooms

  • Total Bedrooms: 3
  • Bedrooms Upper: 3

Additional Information

  • Amenities: Cable TV, Fenced-Partially, Gas Available, Patio
  • Security/Safety: Partially Fenced

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Covered Spaces: 2
  • Uncovered Spaces: 2
  • Parking Features: Attached Garage

Location

  • Area: 110 - Dash Point/Federal Way
  • County: King
  • Subdivision: Federal Way
  • Driving Directions: GPS
  • Direction Faces: South

School Information

  • High School District: Federal Way
  • Elementary School: Adelaide Elem
  • Middle School: Lakota Mid Sch
  • High School: Decatur High

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air

Utilities

  • Sewer: Available
  • Water: Public

Structural Information

  • Structure Type: House
  • Exterior Const.: Wood
  • Basement Desc.: Finished
  • Foundation: Slab
  • Roof: Composition
  • Square Feet: 1,910
  • Finished Total: 1,910 Sq. Ft.
  • Year Built: 1976

Lot Features

  • Lot Size (Acres): 0.233
  • Lot Size (Sq. Ft.): 10,150
  • Lot Size Source: Realist
  • Lot Features: Curbs, Paved, Sidewalk

Financial Considerations

  • Tax Amount: $5,657.04
  • Tax Year: 2026
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Inclusions: Dishwasher(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s)
  • Property ID: 4167300290

Listed by Antonio Calimano Montanez | Orchard Brokerage, LLC | (844) 819-1373
Sold by Ian M. McRae | Compass

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NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2221 SW 306th Pl

School District:Federal Way School District
NameGradesDistance
Adelaide Elementary School
1635 Southwest 304th Street, Federal Way, WA 98023
K-50.3 mi
Lakota Middle School
1415 Southwest 314th Street, Federal Way, WA 98023
6-80.6 mi
Decatur High School
2800 Southwest 320th Street, Federal Way, WA 98023
9-120.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2221 SW 306th Pl

Date
Details
Price
Change
Source
8/20/2026
Sold
$440,000
-15.38%
MLS
8/01/2026
Listed
$520,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Antonio Calimano Montanez | Orchard Brokerage, LLC | (844) 819-1373
Sold by Ian M. McRae | Compass

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Price Reduced near 2221 SW 306th Pl

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2759 Diamond Loop, Milton, WA 98354 - Photo 1 Price Reduced
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1512 Milton Way  Milton, WA 98354

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Recent Sales near 2221 SW 306th Pl

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3114 SW 319th Pl  #45  Federal Way, WA 98023

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Listed by Larissa Butler | Keller Williams Realty
Sold by Chris Siegmund | Emerald Real Estate Group Inc.

2221 SW 306th Pl, Federal Way, WA 98023 (MLS# 2561710) is a Single Family property that was sold at $440,000 on August 20, 2026. Want to learn more about 2221 SW 306th Pl? Do you have questions about finding other Single Family real estate for sale in Federal Way? You can browse all Federal Way real estate or contact a Coldwell Banker agent to request more information.