Experience the perfect blend of elegance and versatility in this stunning craftsman-style Willow floor plan by Pacific Lifestyle Homes. Located in The Terrace at Twin Lakes, this better than new residence offers true main-level living with a spacious primary suite featuring a 5-piece bath and walk-in closet. The light-filled layout showcases luxury vinyl plank floors and a gourmet kitchen with a massive island, stainless appliances, and a walk-in pantry. A premier feature is the private ADU with its own separate entry, making it an ideal setup for multi-gen living or a high-potential rental. This self-contained space includes a private living room, bathroom, and spacious bedroom. Upstairs features a versatile loft, two guest bedrooms and expansive storage! Enjoy year-round outdoor living under the covered back patio with a cozy fireplace. Complete with a 3-car garage and central A/C, this home is perfectly situated near shopping, trails and schools. Welcome Home!
Pending
Listed by: Redfin
$1,058,900
1698 SW 344th Place, Federal Way, WA 98023
5beds
3,200sqft
Est.:
Single Family Residence
Built in 2022
8,620.52 Square Feet Lot
$1,042,300 Zestimate®
$331/sqft
$67/mo HOA
What's special
Gourmet kitchenMassive islandSpacious primary suiteWalk-in closetLight-filled layoutWalk-in pantryTwo guest bedrooms
- 55 days |
- 796 |
- 24 |
Zillow last checked:
Listing updated:
Listed by:
Andrew Maglalang-Weakley,
Redfin
Source: NWMLS as distributed by MLS GRID,MLS#: 2478607
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 3
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Second
Bedroom
- Level: Second
Bathroom full
- Level: Main
Bathroom full
- Level: Second
Bathroom three quarter
- Level: Main
Other
- Level: Main
Other
- Level: Main
Bonus room
- Level: Second
Dining room
- Level: Main
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Fireplace, 90%+ High Efficiency, Forced Air, Heat Pump, Electric, Natural Gas
Cooling
- Has cooling: Yes
Appliances
- Included: Dishwasher, Disposal, Microwave, Refrigerator, Stove(s)/Range(s), Dishwasher(s), Garbage Disposal, Microwave(s), Refrigerator(s), Water Heater: Gas, Water Heater Location: Garage
Features
- Bath Off Primary, Dining Room, High Tech Cabling, Loft, Pantry
- Flooring: Ceramic Tile, Vinyl, Carpet
- Windows: Dbl Pane/Storm Window
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Gas, Main Level: 1, Fireplace
Interior area
- Total structure area: 3,200
- Total interior livable area: 3,200 sqft
Property
Parking
- Total spaces: 3
- Parking features: Driveway, Attached Garage, Off Street
- Has attached garage: Yes
- Covered spaces: 3
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Second Kitchen, Second Primary Bedroom, Bath Off Primary, Dbl Pane/Storm Window, Dining Room, Fireplace, High Tech Cabling, Loft, Pantry, Security System, SMART Wired, Sprinkler System, Walk-In Closet(s), Water Heater
- Has view: Yes
- View description: Territorial
Lot
- Size: 8,620.52 Square Feet
- Features: Cul-De-Sac, Curbs, Paved, Sidewalk, Cabana/Gazebo, Cable TV, Electric Car Charging, Fenced-Fully, Gas Available, High Speed Internet, Patio, Sprinkler System
- Topography: Level
- Residential vegetation: Garden Space
Details
- Additional structures: ADU Beds: 1, ADU Baths: 1
- Parcel number: 2421039035
- Zoning description: Jurisdiction: County
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 2 Story
- Property subtype: Single Family Residence
Materials
- Brick, Cement Planked, Cement Plank
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Very Good
- Year built: 2022
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: Lakehaven
- Water: Public, Company: Lakehaven
- Utilities for property: Xfinity, Xfinity
Community & HOA
Community
- Security: Security System
- Subdivision: Madrona
HOA
- Services included: Common Area Maintenance
- HOA fee: $800 annually
- HOA phone: 253-874-5250
Location
- Region: Federal Way
Financial & listing details
- Price per square foot: $331/sqft
- Tax assessed value: $1,023,000
- Annual tax amount: $9,982
- Date on market: 2/20/2026
- Cumulative days on market: 54 days
- Listing terms: Conventional,FHA,VA Loan
- Inclusions: Dishwasher(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s)
Estimated market value
$1,042,300
$990,000 - $1.09M
$5,397/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/13/2026 | Pending sale | $1,058,900$331/sqft |
Source:  NWMLS as distributed by MLS GRID #2478607 Report a problem | ||
| 2/19/2026 | Listed for sale | $1,058,900+4.7%$331/sqft |
Source: NWMLS as distributed by MLS GRID #2478607 Report a problem | ||
| 10/14/2022 | Sold | $1,011,280$316/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,982 +1.9% | $1,023,000 +10.6% |
| 2023 | $9,797 +499.9% | $925,000 +440.9% |
| 2022 | $1,633 | $171,000 |
Find assessor info on the county website
Monthly payment
Est. payment
$5,910/mo
Principal & interest
$5119
Property taxes
$724
HOA Fees
$67
More affordability tools
Climate risks
Neighborhood: Madrona
Nearby schools
GreatSchools rating
- 4/10Sherwood Forest Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 4/10Illahee Middle SchoolGrades: 5-8Distance: 1.4 mi
- 3/10Todd Beamer High SchoolGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Sherwood Forest Elem
- Middle: Illahee Jnr High
- High: Todd Beamer High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Washington
- King County
- Federal Way
- 98023
- Madrona
- 1698 SW 344th Place
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