$5K Seller credit for closing costs! Tucked within the coveted Dash Point community, this updated residence offers the rare balance of peaceful Northwest living with exceptional access to everyday conveniences. Set on a 7,700SF lot, this nearly 2,000SF home is truly move-in ready with upgrades already completed, including the roof, furnace, A/C, fresh interior paint and new carpet. Designed for both comfort and entertaining, the home features expansive living and family rooms, a convenient powder bath, and an open kitchen that flows seamlessly to your backyard retreat. Upstairs, the ideal 4 bedroom layout offers flexibility for guests, home office needs, or growing households, complemented by 1.75 baths. A spacious 590SF two car garage with additional second floor storage adds everyday practicality. Dash Point is beloved for its quiet streets, established homes, and unmatched access to the outdoors. Spend weekends exploring nearby Dash Point State Park, relaxing at Dumas Bay Beach, launching from the public dock, or enjoying the scenic trails and recreation surrounding Lake Lorene and Lake Jeanne. Despite the tranquil setting, you’re just minutes from shopping, dining, and essentials at The Commons at Federal Way, with convenient commuter access to the Link light rail for an easy connection to Seattle, SeaTac and beyond. A rare opportunity to enjoy turnkey living in one of Federal Way’s premier neighborhoods where nature, convenience and lifestyle come together effortlessly.
Listed by Henry H. Shim
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Windermere Real Estate Midtown
Listed by Akash Sandhu
·
Windermere Real Estate Midtown
Last updated June 11, 2026
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Source: NWMLS #2521481
Listing Facts
TypeSingle-family
NeighborhoodFederal Way-Auburn
Bedrooms4
Bathrooms3
Days on Prevu32
Taxes$3,280/year
Size1,990 sqft
Price per sqft$317
Amenities
Dishwasher
Pets Allowed
Air Conditioning
Parking
Location
Mortgage Calculator
Listing History
06/11/2026
Price Decreased
$629,900
05/14/2026
Listed by Windermere Real Estate Midtown
$649,950
Property Details for 4735 SW 312th Place
Exterior
Construction
Property Condition: Good
Roof: Composition
Structure Type: House
Year Built: 1979
Architectural Style: Contemporary
Construction Materials: Wood, Wood Products
Entry Location: Main
Exterior Features: Wood, Wood Products
Features
Direction Faces: West
View: Territorial
Measurements
Building Area Total: 1,990
Building Area Units: Square Feet
Lot Features: Cul-De-Sac, Curbs, Dead End Street, Paved, Sidewalk
Interior Features: Bath Off Primary, Dbl Pane/Storm Window, Dining Room, Fireplace, Water Heater
Measurements
Living Area: 1,990
Rooms
Bathrooms Full: 1
Bathrooms Half: 1
Bathrooms Three Quarter: 1
Bathrooms Total Integer: 3
Bedrooms Total: 4
Main Level Bathrooms: 1
Other
Location
Subdivision Name: Dash Point
Parking
Parking
Attached Garage: Yes
Covered Spaces: 2
Garage: Yes
Parking Features: Attached Garage, RV Parking
Parking Total: 9
Schools
Elementary School
Elementary School: Twin Lakes Elem
High School
High School: Decatur High
High School District: Federal Way
Middle or Junior School
Middle Or Junior School: Lakota Mid Sch
Utilities
Equipment
Has Cooling: Yes
Has Heating: Yes
Sewer: Sewer Connected
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this single-family home have?
There are 4 bedrooms and 3 bathrooms in this single-family home at 4735 SW 312th Place.
What schools are nearby to 4735 SW 312th Place?
Nearby schools include the Twin Lakes Elem Elementary School, Lakota Mid Sch Middle School, and Decatur High.
Does this single-family home have parking?
Yes, there are 9 parking spaces available for 4735 SW 312th Place.
What are the annual taxes for 4735 SW 312th Place?
Annual taxes for this single-family home are estimated at $3,280.
How does 4735 SW 312th Place compare to other single-family homes in Federal Way-Auburn?
This single-family home is listed 19% below the average price for single-family homes in Federal Way-Auburn and has been on the market for 29 less days than the typical home in this area.
What is the square footage on this single-family home?
According to the MLS, this listing is 1,990 sqft.
4735 SW 312th Place is a 4-bedroom, 3-bath single-family home for sale in Federal Way WA 98023. On Prevu for 32 days at $629,900. This includes a recent price decrease of $20,050. This residence features 1,990 square feet of living space, located in Federal Way-Auburn. The median listing price for single-family homes in this area is $599,000. Nearby schools include Twin Lakes Elem Elementary School, Lakota Mid Sch Middle School, and Decatur High. The home offers dishwasher, pets allowed, air conditioning, and parking. Explore more single-family home listings in King County.
Based on information from NWMLS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.