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$849,950 Just Listed
Property Description
Rare opportunity: a charming cottage on a lush 1/3 acre lot featuring a coveted main-floor primary, ideal for multigen living, guests, or flexible living. Nestled on a quiet, tranquil block, this home blends character, space, and comfort. Step through the cheerful red Dutch door to brand-new flooring throughout the main level & a beautiful new staircase handrail. Crisp white millwork & built-ins enhance the home's timeless cottage appeal. The sunken formal living room features a classic fireplace and French doors, while the formal dining room offers a built-in buffet wall. The spacious kitchen with center island and gas cooking is flanked by the dining room on one side and an open eating area and wainscoted family room on the other, creating excellent flow for daily living and entertaining. The main-floor primary suite includes an oversized dressing room, two walls of closets, and an attached bath. A large den/office downstairs offers flexibility as a guest room or additional bedroom. Upstairs are oversized, sunlit bedrooms with treetop views, including a second primary-sized bedroom with WIC + updated bath w/ marble-topped vanity. Plus a dedicated laundry room, expansive unfinished attic & garage storage. Outside, a greenhouse & storage outbuilding complement the established gardens, level lawn, & towering trees, creating a truly park-like setting. Minutes to Puget Sound beaches, parks, shopping, & commuter routes. Character, space, & flexibility-this one checks every box.
Full Property Details
Full Property Details for 2401 SW 316th St
General
- Price: $849,950
- Taxes: $6,845 (2025)
- Status: Active
- Type: Single Family
- Source: NWMLS
- MLS ID: 2535698
- Updated: 6/5/2026
- Added to Site: 4 day(s) ago
Interior
- Interior Features: Bath Off Primary, Dining Room, Fireplace, French Doors, Hot Tub/Spa, Security System, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater, Wired for Generator
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Wood Burning
- Appliances: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Flooring: Hardwood, Stone, Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
- Upper - Full Baths: 1
- Main Floor Baths: 2
- Main - 1/2 Baths: 1
Bedrooms
- Total Bedrooms: 5
- Bedrooms Upper: 4
- Bedrooms Main: 1
Additional Information
- Amenities: Gas Available, Green House, Hot Tub/Spa, Outbuildings, Patio, RV Parking
- Spa: Yes
- Security/Safety: Security System
Parking
- Garage: Yes
- Attached garage: Yes
- Covered Spaces: 2
- Uncovered Spaces: 5
- Parking Features: Driveway, Attached Garage, RV Parking
Location
- Area: 110 - Dash Point/Federal Way
- County: King
- Subdivision: Federal Way
- Driving Directions: From I-5 use exist 143 (as if going to the Federal Way Commons Mall) and head West. Right on 21st Ave SW heading North. Left on 316th street.
- Direction Faces: North
School Information
- High School District: Federal Way
- Elementary School: Buyer To Verify
- Middle School: Buyer To Verify
- High School: Buyer To Verify
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
- Water Heater: Gas
Utilities
- Sewer: Septic Tank
- Water: Public
Structural Information
- Structure Type: House
- Exterior Const.: Brick, Wood
- Basement Desc.: None
- Foundation: Poured Concrete
- Roof: Composition
- Entry Location: Main
- Square Feet: 3,770
- Finished Total: 3,770 Sq. Ft.
- Year Built: 1966
Lot Features
- Property View: Territorial
- Lot Size (Acres): 0.3533
- Lot Size (Sq. Ft.): 15,388
- Lot Size Source: Realist - Buyer to Verify
- Lot Features: Cul-De-Sac, Dead End Street, Paved
- Trees/Vegetation: Fruit Trees, Garden Space
Financial Considerations
- Tax Amount: $6,845
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: None
- Inclusions: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Property ID: 1790000100
Listed by Macartney McQuery | Redfin | (206) 258-6097 and Casey Robert Mcquery | Redfin | (206) 258-6097
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Schools
Schools serving 2401 SW 316th St
School District:Federal Way School District
| Name | Grades | Distance |
|---|---|---|
Twin Lakes Elementary School 4400 Southwest 320th Street, Federal Way, WA 98023 | K-5 | 1.2 mi |
Lakota Middle School 1415 Southwest 314th Street, Federal Way, WA 98023 | 6-8 | 0.4 mi |
Decatur High School 2800 Southwest 320th Street, Federal Way, WA 98023 | 9-12 | 0.3 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 2401 SW 316th St
Date
Details
Price
Change
Source
6/05/2026
Listed
$849,950
47.82%
MLS
6/03/2019
Sold
$575,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2401 SW 316th St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$7,258
6%
$705,000
3%
2024
$6,845
1%
$683,000
2%
2024
$6,755
3%
$672,000
—
2022
$6,580
16%
$672,000
25%
2021
$5,690
—
$539,000
14%
2021
$5,690
5%
$473,000
4%
2020
$5,406
8%
$454,000
4%
2019
$5,001
-7%
$435,000
15%
2018
$5,387
10%
$379,000
10%
2017
$4,880
3%
$343,000
8%
2016
$4,742
8%
$319,000
5%
2015
$4,400
16%
$303,000
29%
2014
$3,788
—
$235,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2401 SW 316th St
2401 SW 316th Street, Federal Way, WA 98023 (MLS# 2535698) is a Single Family property with 5 bedrooms, 2 full bathrooms and 1 partial bathroom. 2401 SW 316th Street is currently listed for $849,950 and was received on June 05, 2026. Want to learn more about 2401 SW 316th Street? Do you have questions about finding other Single Family real estate for sale in Federal Way City Center? You can browse all Federal Way City Center real estate or contact a Coldwell Banker agent to request more information.
