This storybook Cape Cod in Campus Highlands is embraced by a shy half acre of blossoms and greenbelt privacy. Dormered rooflines and shutters lend timeless charm, while inside oak floors, crown molding, and sunlit rooms create a warm backdrop for everyday living. The kitchen with white quartz countertops and newer appliances flows to the family room and Trex deck overlooking a park-like yard where apples and pears ripen. Retreat to the serene primary suite or the versatile bonus room above the 3-car garage. Downstairs, unwind by the glow of the pellet stove or savor a glass from the wine cellar. With A/C, smart lighting, and a security system, this home blends comfort, character, and community steps from Panther Lake and the aquatic center.
Sold
Listed by:
Colin Dalrymple,
Windermere Real Estate/East,
Mariah Van Halm,
Windermere Real Estate/East
Bought with: Redfin
$975,000
480 SW 345th Street, Federal Way, WA 98023
4beds
4,385sqft
Single Family Residence
Built in 1990
0.47 Acres Lot
$975,100 Zestimate®
$222/sqft
$4,829 Estimated rent
Home value
$975,100
$926,000 - $1.02M
$4,829/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: November 27, 2025 at 04:03am
Listed by:
Colin Dalrymple,
Windermere Real Estate/East,
Mariah Van Halm,
Windermere Real Estate/East
Bought with:
Dawne C Talbott-Lloyd, 96374
Redfin
Source: NWMLS,MLS#: 2437705
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Bedroom
- Level: Lower
Bathroom full
- Level: Lower
Other
- Level: Lower
Other
- Level: Main
Den office
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Family room
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Rec room
- Level: Lower
Utility room
- Level: Main
Heating
- Fireplace, Forced Air, Stove/Free Standing, Electric, Natural Gas, Pellet
Cooling
- Central Air
Appliances
- Included: Dishwasher(s), Disposal, Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s), Garbage Disposal, Water Heater: Gas, Water Heater Location: Garage
Features
- Bath Off Primary, Central Vacuum, Dining Room, High Tech Cabling, Loft
- Flooring: Ceramic Tile, Hardwood, Laminate, Vinyl, Carpet
- Windows: Double Pane/Storm Window
- Basement: Daylight,Finished
- Number of fireplaces: 2
- Fireplace features: Pellet Stove, Wood Burning, Lower Level: 1, Main Level: 1, Fireplace
Interior area
- Total structure area: 4,385
- Total interior livable area: 4,385 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: Bath Off Primary, Built-In Vacuum, Double Pane/Storm Window, Dining Room, Fireplace, High Tech Cabling, Loft, Security System, Walk-In Closet(s), Water Heater, Wine Cellar
Lot
- Size: 0.47 Acres
- Features: Curbs, Paved, Sidewalk, Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet, Patio, Sprinkler System
- Topography: Level,Partial Slope,Terraces
- Residential vegetation: Fruit Trees, Garden Space
Details
- Parcel number: 1321700020
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subtype: Single Family Residence
Materials
- Cement Planked, Wood Siding, Wood Products, Cement Plank
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1990
Details
- Builder name: Leonard Custom Builders
Utilities & green energy
- Electric: Company: Puget Sound Energy
- Sewer: Sewer Connected, Company: Lakehaven Water and Sewer District
- Water: Public, Company: Lakehaven Water and Sewer District
Community & neighborhood
Security
- Security features: Security System
Community
- Community features: CCRs
Location
- Region: Federal Way
- Subdivision: Campus Highlands
HOA & financial
HOA
- HOA fee: $52 monthly
- Services included: Common Area Maintenance
Other
Other facts
- Listing terms: Cash Out,Conventional,VA Loan
- Cumulative days on market: 3 days
Price history
| Date | Event | Price |
|---|---|---|
| 10/27/2025 | Sold | $975,000$222/sqft |
Source:  NWMLS #2437705 | ||
| 9/28/2025 | Pending sale | $975,000$222/sqft |
Source: NWMLS #2437705 | ||
| 9/25/2025 | Listed for sale | $975,000+55.3%$222/sqft |
Source: NWMLS #2437705 | ||
| 11/21/2018 | Sold | $628,000-1.1%$143/sqft |
Source: NWMLS #1367255 | ||
| 11/5/2018 | Pending sale | $634,950$145/sqft |
Source: John L Scott Real Estate #1367255 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,032 +1.3% | $807,000 +10.5% |
| 2023 | $7,930 +3.2% | $730,000 -7.4% |
| 2022 | $7,683 +13.9% | $788,000 +31.6% |
Find assessor info on the county website
Neighborhood: Campus Highlands
Nearby schools
GreatSchools rating
- 3/10Enterprise Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 4/10Illahee Middle SchoolGrades: 5-8Distance: 1.1 mi
- 3/10Todd Beamer High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Enterprise 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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$975,100
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$994,602