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JRJeff ReynoldsCompass · Seattle
This home is no longer on the market (sold). The details below are kept for reference. See homes currently for sale in Federal Way.

3713 SW 338th Place, Federal Way, WA 98023

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Sold

Listed by Jack Macdonald, COMPASS · Buyer brokerage: COMPASS

Sold5 days on market

$454,500

$246 per sq ft

3713 SW 338th Place, Federal Way, WA 98023

Federal Way, WA, 98023

Beds
3
Baths
3
Sq ft
1,620
Built
1978
Parking
Driveway, Attached Garage, Off Street, RV Parking
Ask Jeff

Tour this home

Jeff Reynolds · Managing Broker, Compass

Start with a focused 15-minute call, then tour with a clear due-diligence plan.

3
Bedrooms
3
Bathrooms
1,620
Square feet
$246
Per sq ft
Single Family Residence
Type
1978
Year built
8,550 sq ft
Lot
5
Days on market

About this property

For investors, flippers, and anyone looking to build serious sweat equity, this one checks all the boxes. This 3 bedroom, 2.25 bathroom split level home is a true blank canvas in the established Twin Lakes neighborhood, set on a quiet, well located street. Just a short walk to Brigadoon Elementary and Wedgewood Park, with easy access to The Commons, I-5, Highway 18, and the upcoming light rail. Featuring a spacious two car garage, large backyard, and additional front parking for RV or trailer, the property offers flexibility and strong upside. Sold AS-IS, this is an ideal project for a high return flip or value add opportunity. Bring your contractor and your vision.

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2517834
Listed
May 6, 2026
Days on market
5
Price per sq ft
$246
Sold price
$454,500
Sold
June 2, 2026

Unit & building

Unit levels
Multi/Split

Parking

Parking
DrivewayAttached GarageOff StreetRV Parking
Covered spaces
2
Total spaces
5

Construction

Year built
1978
Style
14 - Split Entry
Structure
House
Roof
Composition

Heating & cooling

Heating
Forced Air
Cooling
None
Energy source
Electric

Interior features

Features
Dining RoomFireplaceVaulted Ceiling(s)
Fireplaces
1
Fireplace type
Wood Burning

Flooring

Flooring
VinylCarpet

Appliances

Appliances
MicrowaveRefrigeratorStove(s)/Range(s)

Community & building features

Bus line nearby
Yes

Lot

Lot features
CurbsPavedSidewalk
Lot size
8,550 sq ft

Terms

Terms offered
CashConventionalRehab Loan

Utilities

Water
Lakehaven
Sewer
Lakehaven
Power
Puget Sound Energy

Schools

District
Federal Way
Elementary
Brigadoon Elem
Middle
Saghalie Jnr High
High
Decatur High

Listing history

  1. Listed

    $454,500

    May 6, 2026

  2. Sold

    $454,500

    June 2, 2026

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$2,646

Principal & interest
$2,298
Property tax (est.)
$348

Assumes $90,900 down (20%), a $363,600 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 29, 2026 at 7:30 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.