Federal Way Real Estate Search

Federal Way Waterfront Properties for Sale

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Newest Federal Way Waterfront Properties for Sale

$398,800
3 Beds ⋅ 2 Baths ⋅ 2575690 MLS ⋅ ACTIVE Status
Welcome to this spacious and well laid out 3 bedroom, 2 bathroom home offering comfort, convenience, and a truly serene view.Love to cook? This kitchen is a dream, featuring unmatched custom pullout cabinets that maximize storage, organization, and functionality. You’ll love the central island that opens into the living room with it's vaulted ceilings and massive windows. The spacious primary bedroom includes a custom IKEA closet system, offering exceptional storage in addition to the built in closets in the en suite bathoom. One of the extra bedrooms features a convenient Murphy bed, providing the flexibility to use the room as a comfortable guest space, home office, or multipurpose room. The cherry on top is stepping outside onto your deck to enjoy your personal lake view. This makes an ideal backdrop for relaxing, entertaining, or simply enjoying your morning coffee. Parking is never a concern with TONS of guest spots available, making it easy to host friends. The location is hard to beat, with easy access to freeways, shopping, parks, and the airport.

1018 S 312th Street Unit #531, Federal Way

Listing courtesy of COMPASS.

$1,199,950
2 Beds ⋅ 2 Baths ⋅ 2569988 MLS ⋅ ACTIVE Status
Exceptional North Lake waterfront opportunity! This unique offering includes three waterfront parcels totaling 31,319 SF, all sold together. The fully remodeled 2-bedroom, 1.75-bath home sits on one parcel with 60 feet of coveted lake frontage, while the two additional parcels provide approximately 45 feet of combined frontage and potential for future development, subject to buyer verification and applicable requirements. Enjoy waterfront living with serene lake views, fishing, boating, spectacular sunsets, and your own private dock. This desirable rambler features vaulted ceilings, a bright sunroom, private jacuzzi, custom-tiled bathrooms, durable laminate flooring, custom cabinetry, and new quartz countertops. The oversized heated two-car garage provides abundant space for vehicles, storage, lake toys, or a workshop. Previously operated as a successful Airbnb, the property offers exceptional flexibility as a primary residence, vacation home, or investment opportunity. Public sewer is located adjacent to all three parcels, offering potential flexibility for future development. Buyer to verify sewer availability, connection requirements, and development feasibility to their satisfaction. The existing home is currently served by septic. A rare opportunity to live, recreate, develop, or invest in a premier waterfront setting.

3118 S 337th Street, Federal Way

Listing courtesy of Keller Williams Realty PS.

$1,890,000
4 Beds ⋅ 4 Baths ⋅ 2568784 MLS ⋅ ACTIVE Status
Suspended above the shimmering waters of Puget Sound like a private sanctuary, this extraordinary upgraded modern waterfront home captures the essence of refined coastal living. Framed by panoramic views of the Sound & Olympic Mountains, accompanied by soaring eagles & breaching whales, the property offers a rare Pacific Northwest lifestyle w/private access to 116 ft of shoreline. From the moment you arrive, a sense of serenity & understated luxury unfolds. The stunning living room w/ fireplace, soaring 20-ft ceilings & dramatic walls of glass fills the open-concept interiors w/natural light while showcasing breathtaking, ever-changing water views from nearly every room. Expansive view decks creating effortless indoor-outdoor living ideal for sunset gatherings, morning coffee, or simply pausing to take in the horizon. The chef’s kitchen is beautifully appointed w/ premium appliances & opens seamlessly to the dining & living areas, creating the perfect setting for entertaining. The luxurious primary suite offers a private view deck, spa-inspired bath w/ heated floors, double vanity, & an expansive walk-in closet w/ secondary laundry. A private lower-level guest suite w/separate entrance provides flexibility & comfort, while the rec rm w/wet bar opens to backyard fire pit & outdoor entertaining spaces. This is more than a home, it is a lifestyle defined by beauty, privacy, & quiet luxury. Professional geotechnical evaluation was completed & the findings are generally favorable.

3626 SW Dash Point Road, Federal Way

Listing courtesy of Windermere Bellevue Commons.

$1,599,000
4 Beds ⋅ 3 Baths ⋅ 2567729 MLS ⋅ ACTIVE Status
This isn't just a home; it’s a lifetime of waterfront memories waiting to happen.This vibrant ,pristine 4-bedroom home is a sanctuary for those who crave a deep connection to the water, offering a front-row seat to the best of Puget Sound living. A paved walkway makes enjoying your 88 feet of sandy beach ,with bulkhead, incredibly smooth and easy. With deeded tideland rights included, this stretch of sand is yours to cherish. Spend your days launching paddleboards or small watercraft from your private landing pad, keeping a watchful eye out for whales breaching on the horizon, or simply winding down against a dramatic backdrop of sunset views over the Olympic Mountains.The heart of the home is designed for shared moments, offering a cozy eat-in kitchen and a light-filled view dining room opening to the incredible view deck.Spacious living room with never ending views add to the charm. The upstairs primary offers scenic views ,a retreat where you can fall asleep to the calming sounds of the waves along the beach. 3 bedrooms complete the upper level. The lower level,features a large secondary primary bedroom, providing the ideal setup for multi-generational living /rental or guest privacy. The home is completely ready for you to move in immediately, giving you the freedom to comfortably live on the water while transforming the vintage interior into your personal masterpiece. End your evenings exploring the large lot's beautiful gardening areas. An opportunity of a lifetime.

Federal Way

Listing courtesy of RSVP Brokers ERA.

$260,000
3 Beds ⋅ 2 Baths ⋅ 2566704 MLS ⋅ ACTIVE Status
Whether you’re looking to stop renting and own your own home or seeking a strong investment opportunity, this beautifully updated condo is move-in ready. Enjoy new flooring throughout, fresh interior paint, tastefully updated bathrooms, two covered parking spaces, and ample street parking for guests. Ideally located minutes from downtown Federal Way, downtown Des Moines, major bus routes, and light rail.

29645 18th Avenue S Unit #A201, Federal Way

Listing courtesy of eXp Realty.

$1,549,000
4 Beds ⋅ 3 Baths ⋅ 2566419 MLS ⋅ ACTIVE Status
Experience modern waterfront living in this fully custom 2024 masterpiece on North Lake. Offering 2,700 SF, 4 bedrooms, and 2.5 baths, this thoughtfully designed home showcases exceptional craftsmanship, timeless finishes, and a seamless blend of luxury and comfort. Soaring ceilings, walls of windows, and an open-concept design fill the home with natural light while creating inviting spaces for everyday living and entertaining. The chef's kitchen features premium appliances, a gas cooktop with pot filler, oversized island, walk-in pantry, and custom cabinetry, flowing effortlessly into the vaulted great room with a gas fireplace and expansive covered patio wired for a heater. The spa-inspired primary suite offers heated tile floors, a curbless shower, freestanding soaking tub, dual vanity, and a custom walk-in closet. Every detail was intentionally designed, including heated floors in all bathrooms and the laundry room, central vacuum in the home and garage, whole-house water filtration, hardwired driveway lighting, hot & cold exterior spigots, EV charger, backup generator wiring, sprinkler system, oversized garage, & a custom dog wash station. Step outside to your private waterfront dock and enjoy direct access to North Lake, perfect for paddleboarding, kayaking, fishing, or relaxing by the firepit at the water's edge. A rare opportunity to own a truly custom waterfront home where thoughtful design, premium amenities, and the lakefront lifestyle come together. Welcome home!

33437 33rd Place S, Federal Way

Listing courtesy of John L. Scott, Inc.

$949,999
3 Beds ⋅ 3 Baths ⋅ 2565437 MLS ⋅ ACTIVE Status
UNMATCHED WATERFRONT LIVING ON STEEL LAKE—PANORAMIC VIEWS AND STUNNING WEST-FACING SUNSETS DEFINE THIS RARE OFFERING. With 45 feet of no-bank waterfront, this exceptional 3-bedroom, 3-bath home delivers front-row access to shimmering lake vistas, best enjoyed from expansive entertainer’s decks designed for seamless indoor-outdoor living. Vaulted ceilings and three fireplaces create a warm yet dramatic atmosphere throughout.Wake up to tranquil water views and a vibrant natural setting, where osprey, bald eagles, chickadees, turtles, and ducks are part of everyday life. Spend your days immersed in lake living—swimming, fishing, kayaking, paddleboarding, and evening boat rides under glowing sunsets, plus unforgettable 4th of July fireworks and festive Christmas boat parades. The beautifully landscaped grounds create a true gardener’s paradise, offering both serenity and space to entertain. Thoughtful updates include a newer roof (2022) and A/C for year-round comfort. A versatile layout adds incredible value, with a lower level featuring its own entrance, living room, washer/dryer, kitchenette, and full bath—ideal for Airbnb or multi-generational living while you enjoy the main home above. Complete with a circular driveway and a prime location just minutes to light rail, freeways, and everyday amenities, this is a rare opportunity to own a premier waterfront retreat. Must see—where every day feels like a private lakeside getaway. Don't miss out to call it your forever HOME!

30415 28th Avenue S, Federal Way

Listing courtesy of eXp Realty.

$349,000
2561856 MLS ⋅ ACTIVE Status
Waterfront property on the shores of Puget Sound- this exquisite waterfront property captures the essence of Pacific Northwest living. One of the last undeveloped waterfront parcels on the beach presents Seventy-eight waterfront feet of your own private resort where otters, whales and sailboats play in the salty breeze. Paddle into town or stay in and watch the ever-changing sunsets and sparkling lights across the water from the veranda of your own custom home. Watch the tides come and go as the sun sets over the Olympics. Views, and endless potential for redevelopment. Bring your dreams and your architect and build a waterfront home to suit your style, an easy commute to the abundant opportunities of greater Puget Sound.

SW 296th Street, Federal Way

Listing courtesy of COMPASS.

$425,000
2561359 MLS ⋅ ACTIVE Status
Nestled near the coastline with lush greenery and easy road access, this plot offers a prime location for tranquil living or a scenic retreat—just steps from the beach and surrounded by nature.

29438 10th Avenue SW, Federal Way

Listing courtesy of Keller Williams Eastside.

$1,550,000
4 Beds ⋅ 3 Baths ⋅ 2558768 MLS ⋅ ACTIVE Status
Come enjoy beach life at its finest here in the coveted Lakota neighborhood. This home has been completely renovated with custom touches and timeless style. This lives like a rambler with everything you need on the main level. The vaulted ceilings and wall of windows captivate waterfront dreams. This home has views of Maury Island, Olympics, stunning sunsets, Eagles and marine traffic. With hardwood floors and fir trim/doors throughout. Custom built-ins and gas fireplace are perfect for cozy nights with stunning views. The Primary Suite includes gorgeous views with slider access to deck, Ensuite bath, and washer/dryer in the walk-in closet. Open concept with kitchen, dining, and huge living room complete with wet bar/ice maker/wine fridge plus 1/2 bath and office make entertaining a breeze. Downstairs offers two guest rooms, full bath, family room, shop, and additional washer dryer hook ups. Outside the updates continue w/huge composite deck, built in Gas BBQ just perfect for hosting summer get togethers. Just down the stairs you’ll find a shaded beach hangout with composite deck and lock box for all your beach needs. Perfect for summer lunches and kayak launching. With tide rights you are all set for year around enjoyment in this close knit walkable community on the sound. Call today for a private showing.

30201 33rd Avenue SW, Federal Way

Listing courtesy of Better Properties Soundview.

$1,349,500
5 Beds ⋅ 4 Baths ⋅ 2559258 MLS ⋅ ACTIVE Status
This waterfront 5-bedroom-plus home with additional dwelling space in the lower level is an absolute Steel Lake gem! Enjoy year-round activities like fishing, paddleboarding, swimming, and more just steps out your back door. From peaceful moments with nature to entertaining large gatherings, making memories and experiences is what this home is all about. Truly a one-of-a-kind, custom-built home that has all the peace and tranquility of the country while being a simple commute to the city, airport, and just minutes from all the amenities you could ever want or need. Pride of ownership is evident at every turn, as the home has been well cared for. This is a property you need to visit to feel and not just view online. Real value in real estate comes from location and the lived experiences that a property delivers. This property delivers on both! Call today for a tour and experience what true and lasting value in real estate looks and feels like.

2529 S 304th Street, Federal Way

Listing courtesy of Windermere RE West Campus Inc.

$1,000,000
5 Beds ⋅ 3 Baths ⋅ 2558095 MLS ⋅ ACTIVE Status
Welcome to this exceptional gated Mirror Lake home offering 40 feet of shoreline, breathtaking water views, and thoughtfully designed spaces with hardwood floors and custom details throughout. The gourmet kitchen is beautifully appointed with Silestone countertops, stainless steel appliances, a beverage refrigerator, breakfast bar, and a large sunny eating nook. French doors open to a private courtyard and garden, creating a seamless connection between indoor and outdoor living. The main floor features a convenient bedroom and a versatile office, gym, or hobby room. The inviting living room showcases crown molding, a gas fireplace, and unobstructed lake views. Upstairs, the spacious primary suite offers a walk-in closet and a spa-inspired bath featuring a soaking tub, heated towel rack, bidet, and skylight. Outside, enjoy the expansive deck with a hot tub, outdoor shower, and peaceful lakefront surroundings perfect for recreation or quiet evenings. A 910 sq ft detached garage and 600 sq ft covered RV carport provide exceptional storage and flexibility. This remarkable waterfront property combines timeless comfort, quality finishes, and an outstanding setting for enjoying the beauty of Mirror Lake. Mortgage savings may be available for buyers of this listing.

31422 7th Place SW, Federal Way

Listing courtesy of Redfin.

$347,000
2 Beds ⋅ 2 Baths ⋅ 2534888 MLS ⋅ ACTIVE Status
Welcome to Lakeside Village Condominiums! Enjoy beautiful views of Easter Lake just beyond your private patio and fenced outdoor space. The lake can also be admired from the dining room, living room, and kitchen, creating a peaceful backdrop throughout the home.This ground-floor, two-bedroom unit features a spacious living room with a charming wood-burning brick fireplace and a built-in dry bar perfect for relaxing or entertaining. The kitchen offers a pantry, and all appliances are included. A separate washer and dryer add convenience.The main bathroom has been updated with a new toilet, vanity, and flooring. The primary bedroom features double closets and a private ¾ bath.Ideally located near the new light rail station, public transportation, restaurants, entertainment, and The Commons at Federal Way, this home offers both comfort and convenience. Residents also enjoy access to community amenities, including a swimming pool, athletic court, and clubhouse.Don't miss this unique opportunity to enjoy lakeside living in a desirable community!

1018 S 312th Street Unit #512, Federal Way

Listing courtesy of Better Properties Solutions.

$424,990
3 Beds ⋅ 3 Baths ⋅ 2517051 MLS ⋅ ACTIVE Status
Lake Easter waterfront living at it's finest! Discover the perfect blend of modern luxury and lakefront living in this stunning and fully updated 3 bedroom 2.5 bathroom townhouse. This end unit offers the space and privacy of a single family home in this rare listing. Step inside the large entry and bright open concept floor-plan with new kitchen, eating bar and dining area open to the large living room and cozy fireplace. Look at the lake and also the community pool right in front of your unit. With luxury vinyl plank flooring throughout and all appliances included with the sale, this one is hard to beat. Primary suite in upper floor looks at the same view, plus two additional bedrooms and guest bath. Attached garage plus two additional uncovered spaces (one in driveway and one additional space deeded with home. This property is below the rental cap and also has no animal restrictions. The HOA pays water/sewer/garbage plus common area and street maintenance. Enjoy the lake and pool lifestyle in the summer and watch the birds and wildlife in the winter.

30809 13th Place S Unit #24, Federal Way

Listing courtesy of Redfin.

$354,950
2 Beds ⋅ 2 Baths ⋅ 2504108 MLS ⋅ ACTIVE Status
Lakeside Village retreat in the heart of the Federal Way this beautifully upgraded 2-bedroom, 1 3/4-bath condo offers sweeping views of the picturesque lake from your patio, dining room & living room. Living room features wood burning fireplace. Featuring an updated kitchen with quartz counters, newer appliances, newer flooring, newer cabinets, updated bathrooms with tile finishes. Close to new light rail station, schools, restaurants, all conveniences, public transportation & freeways for an easy commute in any direction. Community features outdoor community pool, an athletic court, lots of parking options including a covered carport. FHA & VA Approved Condo!

1002 S 312th Street Unit #114, Federal Way

Listing courtesy of Keller Williams Realty.

$2,250,000
4 Beds ⋅ 3 Baths ⋅ 2444527 MLS ⋅ ACTIVE Status
Here's your opportunity to own waterfront property! Home has 229 feet of waterfront and sits on 2.19 peaceful acres next to Dumas Bay Sanctuary. Perfect multi-family property with 2 homes on the property: the main house is a 1 story with fully finished basement at 5,100 sqft. Each floor has 2 bedrooms, its own kitchen, a family room area and a patio or deck to relax and take in the views. The 2nd home or ADU, affectionately called the Beach House is a 1000 sqft home with 2 bedrooms, 1 bath and a huge deck overlooking the bay. Bring your plans and vision to this property to update the homes and make them shine once again! Trim some trees back and your gorgeous bay view will be seen from any angle of the property! Don't miss this opportunity!

30726 43rd Avenue SW, Federal Way

Listing courtesy of John L. Scott Des Moines.

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