OPEN HOUSE Fri, Oct 16 2026 04:00 PM - 06:00 PM

$480,000

2 Beds 1 Baths 760 SQFT 0.17 Acres

Type: Single Family

332 S 314th Place
Federal Way, WA 98003

MLS#: 2567170

Presented by: Redfin and NWMLS

Property Description

Charming fully remodeled home offers instant potential as a lucrative short-term rental or move-in ready retreat! Features a rare assumable loan opportunity with favorable existing financing! Backing up to a private green buffer, the light-filled interior boasts soaring vaulted ceilings, smart ambient lighting, durable LVP flooring throughout, a cozy fireplace, and a sunny bay window. The modern galley kitchen shines with sleek quartz counters and stainless appliances, while two spacious bedrooms share an upgraded full bath featuring a double vanity. Step outside to an entertainer's paradise! Large covered deck overlooks an exceptional private outdoor setting that's fully fenced with a low-maintenance yard complete with two handy garden storage sheds. Parking is a breeze with a spacious 1-car garage and ample room for RV with power hookup or boat storage. Unbeatably located just minutes from Redondo Beach perfect for catching beautiful waterfront sunsets, neighborhood parks, freeways and vibrant shopping. Welcome Home!

Interior Features

Bedrooms

Bedrooms Lower0

Bedrooms Upper0

Main Level Bedrooms2

Total Bedrooms2

Bathrooms

3/4 Baths0

Bathrooms1

Baths Full Garage0

Baths Full Lower0

Baths Full Main1

Baths Full Upper0

Baths Half Garage0

Baths Half Lower0

Baths Half Main0

Baths Half Upper0

Baths Three Quarter Garage0

Baths Three Quarter Lower0

Baths Three Quarter Main0

Baths Three Quarter Upper0

Half Baths0

Total Baths1

Other Interior Features

Air Conditioning Y/NYes

BasementNone

Fireplace FeaturesWood Burning

Fireplace Y/NYes

Fireplaces Main1

FlooringCeramic Tile, Laminate

Heating Y/NYes

Interior AmenitiesCeiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, Security System, Vaulted Ceiling(s), Water Heater

Power Production TypeElectric

Total Fireplaces1

Water Heater LocationGarage

Water Heater TypeElectric

General

AppliancesDishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer

Architectural StyleCraftsman

Attached Garage Yes

Building Area Units0 sqft

Building NameSquire West

Carport Y/NNo

CityFederal Way

CoolingWindow Unit(s)

CountyKing

DirectionsGPS Friendly

Elementary SchoolBuyer To Verify

Entry LocationMain

Facing DirectionSouth

Full Baths1

Garage Y/NYes

HOANo

HOA Fee$0

HeatingBaseboard, Wall Furnace

High SchoolBuyer To Verify

High School DistrictFederal Way

Land Lease Y/NNo

LevelsOne

Listing TermsCash, Conventional, FHA, VA Loan

Living Area760 sqft

Lot Size Square Feet7,272 sqft

Lot Size UnitsSquare Feet

MLS Area110 - Dash Point/Federal Way

Middle/Junior High SchoolBuyer To Verify

NWM_ShowMapLinkY

New ConstructionNo

PossessionClosing

Property ConditionUpdated/Remodeled

Property Style10 - 1 Story

Property SubtypeSingle Family Residence

Property TypeResidential

Public RemarksCharming fully remodeled home offers instant potential as a lucrative short-term rental or move-in ready retreat! Features a rare assumable loan opportunity with favorable existing financing! Backing

RoofComposition

Security FeaturesFully Fenced, Security System

Senior Community Y/NNo

SewerSewer Connected

Special Listing ConditionsNone

Standard StatusActive

StatusActive

Structure TypeHouse

Subdivision NameMirror Lake

Tax Annual Amount$4,312

Tax Year2025

TopographyLevel

ViewTerritorial

Virtual TourClick here

Water CompanyLake Haven

Year Built1980

Exterior

Building Area Total760 sqft

Covered Spaces1

Exterior AmenitiesMetal/Vinyl

Foundation DetailsPoured Concrete

InclusionsDishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)

Irrigation Water Rights Y/NNo

Lot FeaturesCul-De-Sac, Curbs, Dead End Street, Paved, Sidewalk

Lot Size Acres0.1669

Parking FeaturesDriveway, Attached Garage, Off Street, RV Parking

Site FeaturesCable TV, Deck, Fenced-Fully, High Speed Internet, Outbuildings, Patio, RV Parking

Total Parking1

VegetationGarden Space

Water SourcePublic

Waterfront Y/NNo

Additional Details

Price History

Schools

High School Buyer To Verify High School

Middle School Buyer To Verify Middle School

Elementary School Buyer To Verify Elementary School

Similar Properties

$480,000

2 Beds 1 Baths 760 SQFT 0.17 Acres

Type: Single Family

332 S 314th Place
Federal Way, WA 98003

MLS#: 2567170

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Property

$480,000

332 S 314th Place
Federal Way, WA 98003

Property Description

Interior Features

Bedrooms

Bathrooms

Other Interior Features

General

Exterior

Additional Details

Price History

Schools

Similar Properties

$480,000

332 S 314th Place
Federal Way, WA 98003

Contact

About

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Property

$480,000

332 S 314th PlaceFederal Way, WA 98003

Property Description

Interior Features

Bedrooms

Bathrooms

Other Interior Features

General

Exterior

Additional Details

Price History

Schools

Similar Properties

$480,000

332 S 314th PlaceFederal Way, WA 98003

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332 S 314th Place
Federal Way, WA 98003

332 S 314th Place
Federal Way, WA 98003