New Price Alert – Now $799,000! Opportunity knocks with this move-in ready home on 1.03 private acres in Federal Way. Featuring fresh paint, new carpet, updated windows, and a versatile layout, this home is designed for flexibility and comfort. The bonus room with private entrance is perfect for multi-generational living, a home business, or rental potential. Enjoy a Jacuzzi tub, walk-in pantry, and two large storage sheds offering plenty of space. Whether you're looking to expand or enjoy the open space, this rare oversized lot offers endless possibilities. Located minutes from schools, parks, shopping, and I-5 for an easy commute. Exceptional value at $799K—don’t wait, schedule your private tour today!
Sold
Listed by:
Nettasha Reese,
Pellego, Inc.
Bought with: John L. Scott, Inc.
$750,000
1851 SW 304th Street, Federal Way, WA 98023
5beds
2,990sqft
Single Family Residence
Built in 1981
1.03 Acres Lot
$747,500 Zestimate®
$251/sqft
$4,335 Estimated rent
Home value
$747,500
$688,000 - $807,000
$4,335/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: September 27, 2025 at 04:03am
Listed by:
Nettasha Reese,
Pellego, Inc.
Bought with:
Ankie Stroes, 118510
John L. Scott, Inc.
Source: NWMLS,MLS#: 2373341
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Den office
- Level: Lower
Dining room
- Level: Main
Entry hall
- Level: Main
Family room
- Level: Lower
Kitchen with eating space
- Level: Main
Rec room
- Level: Lower
Utility room
- Level: Lower
Heating
- Fireplace, Heat Pump, Electric
Cooling
- Heat Pump
Appliances
- Included: Dishwasher(s), Disposal, Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s), Garbage Disposal, Water Heater: Electric, Water Heater Location: Lower Level
Features
- Bath Off Primary, Central Vacuum, Dining Room, Walk-In Pantry
- Flooring: Hardwood, Laminate, Vinyl, Carpet
- Windows: Double Pane/Storm Window
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Lower Level: 1, Fireplace
Interior area
- Total structure area: 2,990
- Total interior livable area: 2,990 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Attached Garage, RV Parking
- Attached garage spaces: 2
Features
- Levels: Three Or More
- Entry location: Main
- Patio & porch: Bath Off Primary, Built-In Vacuum, Double Pane/Storm Window, Dining Room, Fireplace, Walk-In Closet(s), Walk-In Pantry, Water Heater
- Has spa: Yes
- Has view: Yes
- View description: Territorial
Lot
- Size: 1.03 Acres
- Dimensions: 1.03
- Features: Adjacent to Public Land, Curbs, Open Lot, Paved, Secluded, Sidewalk, High Speed Internet, Hot Tub/Spa, Outbuildings, Patio, RV Parking
- Residential vegetation: Brush, Wooded
Details
- Parcel number: 1121039161
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Products
- Foundation: Poured Concrete
- Roof: Flat
Condition
- Year built: 1981
Utilities & green energy
- Electric: Company: PSE
- Sewer: Septic Tank, Company: Lakehaven
- Water: Public, Company: Lakehaven
- Utilities for property: Comcast, Comcast
Community & neighborhood
Community
- Community features: Park, Playground, Trail(s)
Location
- Region: Federal Way
- Subdivision: Adelaide
Other
Other facts
- Listing terms: Cash Out,Conventional,FHA,VA Loan
- Cumulative days on market: 77 days
Price history
| Date | Event | Price |
|---|---|---|
| 8/27/2025 | Sold | $750,000-6.1%$251/sqft |
Source:  NWMLS #2373341 | ||
| 7/25/2025 | Pending sale | $799,000$267/sqft |
Source: NWMLS #2373341 | ||
| 7/11/2025 | Price change | $799,000-3.6%$267/sqft |
Source: NWMLS #2373341 | ||
| 6/27/2025 | Price change | $829,000-1.9%$277/sqft |
Source: NWMLS #2373341 | ||
| 6/17/2025 | Price change | $845,000-3.4%$283/sqft |
Source: NWMLS #2373341 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,947 +0.5% | $805,000 +10.6% |
| 2023 | $7,909 +3.3% | $728,000 -7.3% |
| 2022 | $7,655 +7.1% | $785,000 +23.4% |
Find assessor info on the county website
Neighborhood: Adelaide
Nearby schools
GreatSchools rating
- 3/10Adelaide Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 4/10Lakota Middle SchoolGrades: 6-8Distance: 0.6 mi
- 3/10Decatur High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Adelaide Elem
- Middle: Lakota Mid Sch
- High: Decatur 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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Get a free Zillow Showcase℠ listing and you could sell for .
$747,500
2% more+ $14,950
With Zillow Showcase(estimated)
$762,450