2221 SW 306th Pl, Federal Way, WA 98023

Local realty services provided by:RSVP Brokers ERA
Listed by: antonio calimano montanez
Office: orchard brokerage, llc.
MLS#:2561710
Source:NWMLS
2221 SW 306th Pl,Federal Way, WA 98023
$520,000
  • 3 Beds
  • 3 Baths
  • 1,910 sq. ft.
  • Single family
  • Active

Price summary

  • Price:$520,000
  • Price per sq. ft.:$272.25

About this home

Calling all visionaries, contractors, and value-add investors! This split-level home in a quiet, established Federal Way neighborhood is a rare opportunity to build serious equity through sweat and smart renovation. Originally built in 1976, this 3-bedroom home offers a classic split-level layout with distinct living spaces on each level — a floor plan that has stood the test of time and just needs your vision to shine again.Yes, this home needs love — plenty of it — but that's exactly where the opportunity lies. Priced to reflect its condition, this is your chance to secure a home in a desirable pocket of Federal Way at a fraction of market-ready pricing, then customize every finish to your own taste.This location works in your favor: tucked into an established residential street with mature landscaping and long-time neighbors, it's convenient to Highway 99 and I-5 for an easy commute, and just minutes from Dash Point State Park and Beach, French Lake Off-Leash Dog Park, and...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ).
 I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1976
  • Subdivision & Development:Federal Way
  • Listing ID #:2561710
  • Updated:August 03, 2026 at 12:22 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3
  • Full bathrooms:2
  • Half bathrooms:1
  • Flooring:Carpet, Ceramic Tile Floor, Engineered Hardwood, Vinyl Floor
  • Kitchen Description:Dishwasher, Microwave, Refrigerator
  • Bedroom Description:Upper Level Bedrooms : 3
  • Basement:Yes
  • Basement Description:Finished
  • Living area:1,910 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1976
  • Building area:1,910 sq. ft.
  • Lot area:0.23 Acres
  • Lot Features:Curbed Lot, Paved, Sidewalk
  • Construction Materials:Wood Exterior Finish
  • Exterior Features:Fenced-Partially, Patio
  • Foundation Description:Finished
  • Levels:3 or More Stories

Schools

  • High school:Decatur High
  • Middle school:Lakota Mid Sch
  • Elementary school:Adelaide Elem

Utilities

  • Water:Public
  • Sewer:Available

Finances and disclosures

  • Price:$520,000
  • Price per sq. ft.:$272.25
  • Tax amount:$5,657 (2026)

Features and amenities

  • Appliances:Dishwasher, Refrigerator
  • Amenities:Cable TV, Ceiling Fan(s), Gas Available, Vaulted Ceiling(s)

Parking

  • Total parking spaces:4
  • Parking description:Attached Garage
  • Garage:Yes
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of August 3, 2026. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.