Stunning craftsman-style home offers main-level living w/ a spacious primary suite featuring a 5-pc bath & walk-in closet. The Willow floor plan at The Terrace at Twin Lakes by Pacific Lifestyle Homes is designed for comfort & versatility. Includes a multi-gen living space, open floorplan, LVP floors, & a gourmet kitchen w/ a huge island, stainless apps & walk-in pantry. Upstairs boasts an open loft area & 2 guest bedrooms, bath & a massive storage! Enjoy year-round outdoor living under the covered back patio w/ fireplace. Complete w/ central heat & A/C, 3-car garage, private driveway, & fully fenced yard. Close to shopping, trails & schools. A perfect blend of elegance, function & modern design!
Active
Listed by:
Andrew Maglalang-Weakley,
Redfin
Price cut: $5K (11/18)
$1,049,900
1698 SW 344th Place, Federal Way, WA 98023
5beds
3,200sqft
Est.:
Single Family Residence
Built in 2022
8,620.52 Square Feet Lot
$1,034,700 Zestimate®
$328/sqft
$58/mo HOA
What's special
Open loft areaGourmet kitchenHuge islandSpacious primary suiteWalk-in closetMulti-gen living spaceFully fenced yard
- 62 days |
- 970 |
- 39 |
Zillow last checked: 8 hours ago
Listing updated: December 09, 2025 at 09:12pm
Listed by:
Andrew Maglalang-Weakley,
Redfin
Source: NWMLS,MLS#: 2442045
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 3
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Bathroom three quarter
- Level: Main
Other
- Level: Main
Other
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Fireplace, 90%+ High Efficiency, Forced Air, Heat Pump, Electric, Natural Gas
Cooling
- Central Air, Heat Pump
Appliances
- Included: Dishwasher(s), Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Garbage Disposal, Water Heater: Gas, Water Heater Location: Garage
Features
- Bath Off Primary, Dining Room, High Tech Cabling, Loft, Walk-In Pantry
- Flooring: Ceramic Tile, Vinyl, Carpet
- Windows: Double Pane/Storm Window
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Gas, Main Level: 1, Fireplace
Interior area
- Total structure area: 3,200
- Total interior livable area: 3,200 sqft
Property
Parking
- Total spaces: 3
- Parking features: Driveway, Attached Garage, Off Street
- Attached garage spaces: 3
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Second Kitchen, Second Primary Bedroom, Bath Off Primary, Double Pane/Storm Window, Dining Room, Fireplace, High Tech Cabling, Loft, Security System, SMART Wired, Sprinkler System, Walk-In Closet(s), Walk-In Pantry, Water Heater
- Has view: Yes
- View description: Territorial
Lot
- Size: 8,620.52 Square Feet
- Features: Cul-De-Sac, Curbs, Paved, Sidewalk, Cabana/Gazebo, Cable TV, Electric Car Charging, Fenced-Fully, Gas Available, High Speed Internet, Patio, Sprinkler System
- Topography: Level
- Residential vegetation: Garden Space
Details
- Additional structures: ADU Beds: 1, ADU Baths: 1
- Parcel number: 2421039035
- Zoning description: Jurisdiction: County
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Northwest Contemporary
- Property subtype: Single Family Residence
Materials
- Brick, Cement Planked, Wood Siding, Cement Plank
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Very Good
- Year built: 2022
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: Lakehaven
- Water: Public, Company: Lakehaven
- Utilities for property: Xfinity, Xfinity
Community & HOA
Community
- Features: CCRs, Trail(s)
- Security: Security System
- Subdivision: Madrona
HOA
- Services included: Common Area Maintenance
- HOA fee: $700 annually
- HOA phone: 253-874-5250
Location
- Region: Federal Way
Financial & listing details
- Price per square foot: $328/sqft
- Tax assessed value: $1,023,000
- Annual tax amount: $9,982
- Date on market: 10/10/2025
- Cumulative days on market: 63 days
- Listing terms: Cash Out,Conventional,FHA,VA Loan
- Inclusions: Dishwasher(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s)
Estimated market value
$1,034,700
$983,000 - $1.09M
$4,547/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/18/2025 | Price change | $1,049,900-0.5%$328/sqft |
Source:  NWMLS #2442045 Report a problem | ||
| 10/28/2025 | Price change | $1,054,900-1.4%$330/sqft |
Source: NWMLS #2442045 Report a problem | ||
| 10/10/2025 | Listed for sale | $1,070,000+5.8%$334/sqft |
Source: NWMLS #2442045 Report a problem | ||
| 10/14/2022 | Sold | $1,011,280$316/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,982 +1.9% | $1,023,000 +10.6% |
| 2023 | $9,797 +499.9% | $925,000 +440.9% |
| 2022 | $1,633 | $171,000 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$6,333/mo
Principal & interest
$5191
Property taxes
$717
Other costs
$425
Climate risks
Neighborhood: Madrona
Nearby schools
GreatSchools rating
- 4/10Sherwood Forest Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 4/10Illahee Middle SchoolGrades: 5-8Distance: 1.4 mi
- 3/10Todd Beamer High SchoolGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Sherwood Forest Elem
- Middle: Illahee Jnr High
- High: Todd Beamer High
Source: NWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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