Property Details
5201 SW 318th Court
Federal Way, WA 98023
$870,000
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About This Home
Pride of ownership shines throughout this one-owner, custom-built home, nestled on a private 0.87-acre lot. This spacious 4-bedroom home features a well-designed floor plan with a generous kitchen that opens to the inviting family room, creating the perfect space for everyday living and entertaining. Formal living and dining rooms provide elegant spaces for hosting friends. Step outside to enjoy a peaceful, private flat yard and garden.A rare, main-floor bedroom, located next to a full bathroom, offers flexible living and can easily be used as a home office or guest room. Two bedrooms plus a primary bedroom with walk in closet and large bathroom complete the upstairs. Enjoy morning coffee on the primary deck over looking the garden.Outside, you'll find a detached outbuilding ideal for use as a workshop, extra garage, or hobby space. Surrounded by a peaceful, private setting, this well-maintained property combines comfort, versatility, and room to grow.
Property Details
Property Information
Property Type
Residential
Subtype
Single Family Residence
Status
Active
County
King
Neighborhood
Federal Way
Listed
Jul 23, 2026
Structure Type
House
Parcel Number
1021039043
Tax & HOA
Annual Property Tax
$695 (2025)
Est. Monthly Tax
$58/mo
Interior Features
Bedrooms
4
Bathrooms
3.0
Living Area
2,970 sq ft
Basement
None
Entry Level
Main
Interior Features
Dbl Pane/Storm Window, Dining Room, Fireplace, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s)
Exterior & Lot
Lot Size
0.87 sqft
Year Built
1986
Exterior Materials
Wood
Parking
Attached Garage, RV Parking
Sewer
Septic Tank
Water Source
Public
Lot Features
Cul-De-Sac
Exterior Features
Wood
Community & Access
Directions
GPS or From Dash Point Road: Take S Dash Point Rd to 51st Ave SW- head east on 51st Continue on 51st Ave SW. Take SW 316th Pl to SW 318th Ct Turn left onto 53rd Ave SW Turn left onto SW 318th
Location
City
Federal Way
County
King
Coordinates
47.31635, -122.39917
Schools
School District
Federal Way
Additional Information
Tax Year
2025
Annual Taxes
$695
Possession
Array
Inclusions
Dishwasher(s),Dryer(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
Mortgage Calculator
Estimated Monthly Payment
$0
Down Payment
$0
Loan Amount
$0
Provided by Beyond Real Estate, LLC
Down Payment Assistance Available
This property may qualify for homebuyer assistance programs
Find out if you’re eligible for down payment assistance programs that could help make this home more affordable. Programs can provide thousands of dollars toward your down payment and closing costs.
Check Your EligibilityBased on information submitted to the MLS GRID as of July 26, 2026 8:15 PM. 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.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
