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JRJeff ReynoldsCompass · Seattle

2322 S 357th Street, Federal Way, WA 98003

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Active

Listed by Kari Gordon, Fathom Realty WA LLC

Active0 days on market

$550,000

$253 per sq ft

2322 S 357th Street, Federal Way, WA 98003

Federal Way, WA, 98003

Beds
3
Baths
3
Sq ft
2,170
Built
1988
Parking
Driveway, Attached Garage
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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
2,170
Square feet
$253
Per sq ft
Single Family Residence
Type
1988
Year built
7,560 sq ft
Lot
0
Days on market

About this property

Opportunity awaits in this spacious 4-bedroom, 3-full bath home nestled in an established Killarney Crest neighborhood. Built in 1988 and situated on a generous 7,560 sq. ft. lot, this residence offers a versatile floor plan with room to grow, entertain, and make it your own. The home's functional layout provides multiple living spaces, spacious bedrooms, and plenty of natural light throughout. A brand-new water heater offers added peace of mind, while the home's solid construction provides an excellent foundation for your personal updates and design vision. Step out on to your multi level deck to a sizable backyard with endless possibilities for gardening, play, outdoor entertaining, or creating your own private retreat. Conveniently located near parks, schools, shopping, dining, and major commuter routes, you'll enjoy easy access to everything Federal Way has to offer while still appreciating the comfort of a quiet residential setting. Whether you're a first-time buyer looking to build equity, an investor seeking your next project, or someone ready to customize a home to fit your style, this property presents exceptional potential in a highly desirable location. Bring your imagination and transform this well-located home into something truly special.

Location & commute

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

Directions

Property details

Listing details

Listing number
#2565641
Listed
August 6, 2026
Days on market
0
Price per sq ft
$253

Unit & building

Building
Killarney Crest
Unit levels
Multi/Split

Parking

Parking
DrivewayAttached Garage
Covered spaces
2
Total spaces
4

Views

View
Territorial

Construction

Year built
1988
Style
14 - Split Entry
Structure
House
Roof
Composition

Heating & cooling

Heating
Forced Air
Cooling
None
Energy source
ElectricNatural GasWood

Interior features

Features
Bath Off PrimaryCeiling Fan(s)Dbl Pane/Storm WindowDining RoomFireplaceSkylight(s)Water Heater
Fireplaces
1
Fireplace type
Wood Burning

Flooring

Flooring
VinylCarpet

Appliances

Appliances
DishwasherDisposalDryerRefrigeratorStove(s)/Range(s)Washer

Lot

Lot features
Paved
Lot size
7,560 sq ft

Terms

Terms offered
CashConventionalRehab Loan

Utilities

Water
Lakehaven Water & Sewer
Sewer
Lakehaven Water & Sewer
Power
Puget Sound Energy

Schools

District
Federal Way
Elementary
Lakeland Elem
Middle
Sequoyah Mid Sch
High
Todd Beamer High

Listing history

  1. Listed

    $550,000

    August 6, 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

$3,203

Principal & interest
$2,781
Property tax (est.)
$422

Assumes $110,000 down (20%), a $440,000 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 August 6, 2026 at 6:01 PM 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.