Listed by Aline Ricardo • Designed Realty.

For sale

$606,450

Est. $3,862/mo —

•

1,850

sq ft

4259 SW 338th St, Federal Way, WA 98023

About this home

Welcome to this beautifully refreshed Federal Way home, perfectly situated on a spacious lot in the highly desirable Wedgewood West cul-de-sac. Offering four bedrooms, two-and-a-half bathrooms, and a distinctive three-level design, this home blends comfort, character, and versatility with space to grow, gather, and create lasting memories. Abundant natural light pours through large windows, illuminating the thoughtfully designed living spaces and showcasing breathtaking sunset views that provide a stunning backdrop to everyday life. Each level offers its own unique charm while maintaining a seamless flow throughout the home. Step outside to enjoy the private, fully fenced backyard and two expansive decks—ideal for entertaining, summer barbecues, gatherings, or simply unwinding in a peaceful setting. The versatile lower level provides additional living space with endless possibilities, whether you envision a guest retreat, recreation room, home office, fitness area, or creative studio. Conveniently located within the Federal Way School District and just minutes from local beaches, golf courses, state parks, shopping, dining, medical facilities, and everyday amenities, this home offers the perfect balance of tranquility and accessibility.From the welcoming neighborhood and beautiful sunsets to the generous living spaces and opportunity to make it your own, this is more than a house—it's a place to call home. Don't miss your chance to own a truly special property in

Single-familyProperty Type

1989Year Built

9,236 sq ftLot Size

$328Price/Sq.Ft.

2 spacesParking

Listed by Aline Ricardo • Designed Realty

Listing updated: Oct 2, 2026 at 12:35pm

Redfin checked: 3 minutes ago

•Source:NWMLS as Distributed by MLS Grid #2544648

Payment calculator

$3,862 per month

Principal and interest$3,310

Property taxes

$467

HOA dues

Home insurance

$86

Utilities

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Open houses

No upcoming open houses.

Nearby open houses (10)

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REDFIN OPEN SAT, 11AM TO 1PM3D WALKTHROUGH
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3 beds1 bath1,210 sq ft
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2500 Alder St #56, Milton, WA 98354
2 parking spots • Built 1977
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OPEN SAT, 11AM TO 1PM
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REDFIN OPEN SAT, 12PM TO 2PM3D WALKTHROUGH
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4501 W Tapps Dr E, Lake Tapps, WA 98391
0.29 acre lot • 4 parking spots • Built 1973
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REDFIN OPEN SUN, 11AM TO 1PM3D WALKTHROUGH
$430,000
2 beds2 baths1,190 sq ft
1501 Tacoma Ave S #212, Tacoma, WA 98402
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REDFIN OPEN SUN, 11AM TO 1PM3D WALKTHROUGH
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Around this home

Schools

K - 12
Preschool & daycare

Green Gables Elementary School

Public PreK-5 • Assigned • 0.9mi

6/10

Lakota Middle School

Public 6-8 • Assigned • 2.1mi

5/10

Decatur High School

Public 9-12 • Assigned • 1.5mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Offer insights

4259 SW 338th St · $606,450

Strong offer

$606K and above

75% chance or better to win

Why $606K+ is a strong offer

SALE-TO-LIST

Most homes are selling 2% below list price.

LIST PRICE

Median list price in this area is $1,045,000. (72% higher than this home)

About offer insights

Property details

Interior
Exterior
Finance

Bathroom

Bedroom

Living

Interior features
Ceiling fans
Dining room
Vaulted ceilings
Wood-burning fireplace

Bedrooms
4 bedrooms (3 upstairs, 1 on lower level)
Primary bedroom on second level

Bathrooms
2 full bathrooms (both on upper level)
1 half bathroom (on lower level)

Kitchen
Dishwasher
Garbage disposal
Microwave
Refrigerator
Stove/Range

Laundry & utility
Utility room on lower level

Flooring
Laminate
Vinyl
Carpet

Heating & cooling
Forced air heating
Forced air cooling

Sale and tax history for 4259 SW 338th St

Sale History
Tax History

Date

Event

Price

Oct 2, 2026

Price Changed

NWMLS as Distributed by MLS Grid #2544648

$606,450

$328/sq ft

Jun 24, 2026

Listed (Active)

NWMLS as Distributed by MLS Grid #2544648

$619,450

$335/sq ft

Nov 29, 2021

Sold (MLS) (Closed)

NWMLS as Distributed by MLS Grid #1856580

$570,000

$308/sq ft

Oct 27, 2021

Pending

NWMLS as Distributed by MLS Grid #1856580

—

Oct 26, 2021

Relisted (Active)

NWMLS as Distributed by MLS Grid #1856580

—

Oct 24, 2021

Pending

NWMLS as Distributed by MLS Grid #1856580

—

Oct 21, 2021

Listed (Active)

NWMLS as Distributed by MLS Grid #1856580

$539,950

$292/sq ft

Jun 30, 1989

Sold

Public Records

$94,900

$51/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$5,931 (+5.9%)

$177,000 + $400,000

$577,000

2025

$5,600 (+0.7%)

$177,000 + $400,000

$577,000

2024

$5,558 (+2.8%)

$177,000 + $382,000

$559,000

2023

$5,409 (+8.0%)

$160,000 + $346,000

$506,000

2022

$5,010 (+15.0%)

$146,000 + $403,000

$549,000

2021

$4,357 (+5.4%)

$117,000 + $324,000

$441,000

2020

$4,135 (+8.2%)

$96,000 + $263,000

$359,000

2019

$3,821 (−7.2%)

$77,000 + $253,000

$330,000

2018

$4,119 (+10.2%)

$77,000 + $253,000

$330,000

2017

$3,737 (+2.8%)

$70,000 + $218,000

$288,000

2016

$3,635 (+7.6%)

$64,000 + $197,000

$261,000

2015

$3,377 (+17.5%)

$61,000 + $182,000

$243,000

2014

$2,874 (+4.5%)

$61,000 + $170,000

$231,000

2013

$2,750 (−3.2%)

$73,000 + $104,000

$177,000

2012

$2,840 (−3.2%)

$73,000 + $92,000

$165,000

2011

$2,935 (−0.7%)

$98,000 + $125,000

$223,000

2010

$2,954 (−8.5%)

$98,000 + $134,000

$232,000

2009

$3,229

$84,000 + $208,000

$292,000

Public record

Beds

Baths

2.5

Stories

Lot width

—

Lot depth

—

Lot size

9,236 Sq. Ft.

Year renovated

—

Finished Sq. Ft.

1,850

Unfinished Sq. Ft.

—

Total Sq. Ft.

1,850

Year built

1989

Style

Single Family Residential

County

King County

APN

921152 0380

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 4, 2026.

Local insights from Redfin agents

Federal Way buyers should compare lot sizes, views, and shopping access in Twin Lakes, Marine Hills, and Dash Point. Sellers should highlight their home’s strengths and price against nearby comparable sales. Explore Dash Point State Park and Dumas...
1 week ago • Federal Way
Shauna Rumel
Redfin agent
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Situated right along the Puget Sound, Federal Way is best known for its blend of natural beauty, fun attractions, and rich local culture! Locals love it for its vibrant dining scene and convenient location right between Seattle and Tacoma!
2 weeks ago • Federal Way
Andrew Maglalang-Weakley
Redfin Premier agent • Listing Agent
468 deals
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Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 87° expected this year, 15 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

6/10 Air Factor

8 unhealthy days expected this year, 9 days in 30 years

Provided by First Street

Historical weather

Federal Way, WA • 98023

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

84/ 100

Very good sunlight

Sunscore

This home receives average direct sun exposure in Federal Way. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

8.9 hrs

4.3 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 4259 SW 338th St

$602,732

$3,718 under list price of $606K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $600K to $625K.

SOLD AUG 7, 2026
$625,000 Last sold price
5 beds3 baths1,940 sq ft
3516 SW 339th Pl, Federal Way, WA 98023
Listing provided by nwmls
$6/sq ft
smaller lot
10 years older
SOLD MAY 12, 2026
$620,000 Last sold price
4 beds3 baths1,870 sq ft
4225 SW 337th Pl, Federal Way, WA 98023
Listing provided by nwmls
$4/sq ft
SOLD AUG 28, 2026
$600,000 Last sold price
4 beds3 baths2,160 sq ft
32910 30th Ave SW, Federal Way, WA 98023
Listing provided by nwmls
$50/sq ft
smaller lot
11 years older
SOLD JUL 6, 2026
$599,990 Last sold price
4 beds2.5 baths2,170 sq ft
33136 35th Ave SW, Federal Way, WA 98023
Listing provided by nwmls
$52/sq ft
smaller lot
14 years older
SOLD AUG 20, 2026
$625,000 Last sold price
5 beds3 baths2,022 sq ft
3808 47th Ave NE, Tacoma, WA 98422
Listing provided by nwmls
$19/sq ft
smaller lot
4 years newer
SOLD NOV 20, 2025
$599,950 Last sold price
5 beds3 baths2,216 sq ft
4272 SW 337th Pl, Federal Way, WA 98023
Listing provided by nwmls
$57/sq ft
finished basement

Rental earnings

Est. $3,153 per month, based on comparable rentals

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Listed by Designed Realty

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Listing provided by NWMLS as Distributed by MLS Grid

Details provided by NWMLS as Distributed by MLS Grid and may not match the public record. Learn more.

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About this home

Payment calculator

Affordability tools

See this home in person

Nearby open houses (10)

Interested in buying?

Around this home

Schools

Lifestyle

Offer insights

Property details

Sale and tax history for 4259 SW 338th St

Public record

Local insights from Redfin agents

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 4259 SW 338th St

Early Access listings

Nearby similar homes

New listings for sale in 98023

More real estate resources