See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

4259 SW 338th Street, Federal Way, WA, 98023

4beds
3baths
1,850sqft
$619,450
$335price/sqft
$3,947/moest. monthly cost
$157,880/yrincome needed

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

Getting Around

54
WalkingSomewhat Walkable
39
TransitSome Transit
44
BikeSomewhat Bikeable

Schools

6/10
5/10
Lakota Middle SchoolGrades 6-82.1 mi
4/10
Decatur High SchoolGrades 9-121.5 mi

Construction

Condition

  • Property condition: Very Good
  • Year built: 1989

Materials

  • Foundation: Poured Concrete,Slab
  • Roof: Composition
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Multi Level
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Microwave,Refrigerator,Stove(s)/Range(s),Dishwasher(s),Garbage Disposal,Microwave(s),Refrigerator(s)

Bathroom Full

  • Level: Second

Bathroom Full

  • Level: Second

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedroom

  • Level: Lower

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Dining Room

  • Level: Second

Entry Hall

  • Level: Main

Family Room

  • Level: Lower

Features

  • Bath Off Primary,Ceiling Fan(s),Dining Room
  • Flooring: Laminate,Vinyl,Carpet
  • Fireplace features: Wood Burning

Heating & Cooling

  • Heating features: Forced Air,Electric,Natural Gas
  • Cooling features: Forced Air

Interior Area

  • Total structure area: 1,850
  • Total interior livable area: 1,850 sqft

Kitchen With Eating Space

  • Level: Second

Living Room

  • Level: Main

Master Bedroom

  • Level: Second

Other

  • Level: Lower

Utility Room

  • Level: Lower

Property

Details

  • Parcel number: 9211520380
  • Special condition: Standard

Features

  • Levels: Multi/Split
  • Entry location: Main
  • Patio & porch: Bath Off Primary,Ceiling Fan(s),Dining Room,Vaulted Ceiling(s)
  • Has view: Yes
  • View description: Territorial
  • Topography of land: Partial Slope

Lot

  • Lot size: 9,234 sqft
  • Features: Cul-De-Sac,Curbs,Paved,Sidewalk,Cable TV,Deck,Dog Run,Fenced-Fully,Gas Available

Parking

  • Total spaces: 2
  • Parking features: Attached Garage
  • Has garage: Yes
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Heat Wave

FEMA Declared Disasters in King County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,132$37,584
Home Insurance *$142$1,704
Property Taxes $524$6,288
Electricity $149$1,793
Total$3,947$47,364
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$135,325/yr
40% on housing$118,410/yr
45% on housing$105,253/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$335This listing

vs Other Active Listings

Avg $/sqft

ZIP 98023$306
King County$442

vs Homes Sold Last Month

Median $/sqft

ZIP 98023$319
King County$485

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-25Listed for sale$619,450
2021-11-29Sold$570,000
2021-10-28Pending sale$539,950
2021-10-26Listed for sale$539,950
2021-10-25Pending sale$539,950
2021-10-22Listed for sale$539,950

For Sale by Agent

AgentAline Ricardo
BrokerageDesigned Realty

Similar Homes