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Alderbrook Homes for Sale

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  • /36

    $575,000

    • 3 Beds
    • 2.5 Baths
    • 1,470 Sq Ft

    1307 SW 323rd St, Federal Way, WA 98023

    Discover the potential in this spacious tri-level home nestled in the desirable Alderbrook neighborhood! Featuring 3 bedrooms & 2.5 baths, this home offers a bright & open main level w/ high vaulted ceilings & skylight that brings in abundant natural light. Travertine tile in entry, dining room & kitchen. Upstairs, you'll find a generous primary suite w/ a private full bath, 2 additional

    Derek Catherall Windermere Real Estate/PSK Inc

    1307 SW 323rd St, Federal Way, WA 98023
  • /40

    $619,950

    • 3 Beds
    • 2.5 Baths
    • 1,570 Sq Ft

    1617 SW 324th Place, Federal Way, WA 98023

    Beautifully updated & move-in ready, this 3-bedroom home offers stylish living w/ a bright, open layout. Inside, you'll find two separate living spaces, durable LVP flooring, granite countertops, & stainless steel appliances. The kitchen flows into the dining & separate living rooms both with a fireplace—ideal for everyday living & entertaining. The primary suite features an updated en suite

    Cary Farrah Premier Real Estate Partners

    1617 SW 324th Place, Federal Way, WA 98023
  • /39

    $799,950

    • 3 Beds
    • 2.5 Baths
    • 2,150 Sq Ft

    1112 SW 326th Place, Federal Way, WA 98023

    Welcome to the desirable Westridge community! This stunning 3-bedroom, 2.5-bath home features 2,150 sqft of thoughtfully designed living space, perfect for both comfort and connection. Vaulted ceilings and large windows flood the home with natural light, creating a bright, airy feel throughout, while the home’s layout flows seamlessly through the living, dining, kitchen and family rooms.

    Ranny Ray Designed Realty

    1112 SW 326th Place, Federal Way, WA 98023

Why Live in Alderbrook

Alderbrook in Federal Way is a neighborhood characterized by its unique architectural styles and hilly streets. Homes here feature A-frames, slanted roofs, vinyl siding, and chimneys, with many incorporating lunette glass peaks for arched window views. The area includes a mix of split-level designs and custom New Traditional and contemporary homes, blending Craftsman and cottage-style elements. Alderbrook Park offers a forested walking track, a pond, and a playground, while Saghalie Park provides facilities for soccer, beach volleyball, tennis, and basketball, along with a running track and jungle gym structures. The Federal Way Community Center features a swimming pool with a two-story waterslide, a climbing wall, and fitness classes. Local shopping centers like Twin Lakes Village offer convenient dining and retail options, including KC Deez for Kansas-style barbecue and Pimienta Bistro for seafood and pasta. The community hosts events such as the Jingle Bell Brunch and the Red, White and Blues Festival, featuring food vendors, live music, and fireworks. Alderbrook is car-dependent, but the Sound Transit bus system provides public transportation with stops along 21st Avenue. Downtown Federal Way is about 4 miles northeast, Tacoma is roughly 10 miles south, and Seattle is approximately 27 miles north via Interstate 5. The Seattle-Tacoma International Airport is also accessible for air travel. Schools in Alderbrook receive average ratings, with programs like Silver Lake Elementary's leadership program, Illahee Middle School's athletics, and Decatur High School's "Running Start" program for earning college credits.

Frequently Asked Questions

Is Alderbrook a good place to live?
Alderbrook is a good place to live. Alderbrook is considered very car-dependent and somewhat bikeable with some transit options. Alderbrook has 6 parks for recreational activities. It has a median age of 35. The average household income is $96,519 which is below the national average. College graduates make up 27.4% of residents. A majority of residents in Alderbrook are renters, with 62.9% of residents renting and 37.1% of residents owning their home. A local real estate agent serving Alderbrook can help you decide if this neighborhood is the right one for you. Learn more on our Alderbrook neighborhood guide.
Is Alderbrook, WA a safe neighborhood?
Alderbrook, WA is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Alderbrook?
The median home price in Alderbrook is $575,000. If you put a 20% down payment of $115,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,980 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $128K a year to afford the median home price in Alderbrook. The average household income in Alderbrook is $97K.
What are the best public schools in Alderbrook?
The best public schools that serve Alderbrook are:
What are the best private schools in Alderbrook?
The best private schools that serve Alderbrook are:
What are the most popular zip codes in Alderbrook, Federal Way, WA?
The most popular zip codes in Alderbrook, Federal Way, WA include 98023, 98022, 98003, 98422 and 98198.
What are the most popular neighborhoods near Alderbrook, Federal Way, WA?
The most popular neighborhoods near Alderbrook, Federal Way, WA are West Campus - Fed Way, Twin Lakes, Lakota, Campus Highlands and Madrona Meadows - Fed Way.

Home Trends in Alderbrook, WA

Housing Trends

Median Sale Price
$750,000
Median Single Family Sale Price
$579,999
Median Townhouse Sale Price
$389,000
Median 2 Bedroom Sale Price
$669,500
Median 1 Bedroom Sale Price
$750,000
Average Price Per Sq Ft
$353
Number of Homes for Sale
7
Last 12 months Home Sales
46
Months of Supply
1.80
Median List Price
$575,000
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
87%
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