Federal Way Real Estate Search

Federal Way Waterfront Properties for Sale

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Newest Federal Way Waterfront Properties for Sale

3118 S 337th Street, Federal Way
$1,149,998
2 Beds ⋅ 2 Baths ⋅ 2592597 MLS ⋅ ACTIVE Status
Situated on coveted North Lake waterfront, this rare offering includes 3 waterfront parcels totaling 31,319 SF, all sold together. The fully remodeled one-story, 2-bedroom, 1.75-bath rambler anchors the property, with over 82 feet of combined lake frontage across the 3 parcels. Enjoy it as one expansive waterfront retreat or explore the potential to build up to 2 additional homes. Inside, vaulted ceilings and a bright sunroom fill the home with natural light and frame spectacular lake views. The remodeled interior features custom cabinetry, quartz countertops, modern tiled bathrooms, a soaking tub, durable laminate flooring, and thoughtful updates throughout. Outside, a private dock and jacuzzi create an ideal setting for life on the water. Spend your days boating, paddleboarding, fishing, swimming, or relaxing along the shoreline, then take in spectacular North Lake sunsets. An oversized heated two-car garage offers generous space for vehicles, storage, lake toys, or a workshop. Previously operated as a successful Airbnb, the property offers flexibility as a primary residence, vacation retreat, or investment opportunity. Public sewer is located adjacent to all three parcels, while the existing home is currently served by septic. Buyer to verify sewer availability, connection requirements, and development feasibility. A rare opportunity to enjoy North Lake today with exciting possibilities for the future.

3118 S 337th Street, Federal Way

Listing Broker: eXp Realty; Ivan Grishko; 425-623-0363; ivan@grishkogroup.com

3136 SW 302nd Place, Federal Way
$1,249,000
3 Beds ⋅ 2 Baths ⋅ 2573041 MLS ⋅ PENDING - BACKUP OFFER REQUESTED Status
Welcome to the beach! Tucked away in the secluded Lakota Beach neighborhood, this 3-bedroom, 1.75-bath custom mid-century waterfront home offers privacy, breathtaking 180-degree views, and Western-facing sunsets over the Sound, Vashon Island, and Olympic Mountains from every level. Just steps away, enjoy 30 feet of deeded tidelands perfect for exploring tide pools, beachcombing, and watching for eagles, otters, and orcas. At low tide, walk directly to Dumas Bay Wildlife Sanctuary and Dash Point Park. Free from busy roads, air traffic, or speedboats, this is waterfront living at its most peaceful. Inside, mid-century character blends with premium updates: Brazilian hardwood floors, a chef’s kitchen with high-end appliances, a spa-style steam shower, and an extraordinary 1,144-bottle custom wine cellar. Extensive 2026 improvements ensure peace of mind, including a new metal roof, siding, exterior paint, a new water main, and updated bathroom cabinets with quartzite countertops. A turnkey coastal retreat.

3136 SW 302nd Place, Federal Way

Listing Broker: John L. Scott, Inc.; Allen Uyeno; 206-777-5446; alu@johnlscott.com

5112 SW 311th Place, Federal Way
$1,650,000
3 Beds ⋅ 3 Baths ⋅ 2580516 MLS ⋅ ACTIVE Status
Wake up to breathtaking panoramic views of Puget Sound, the Olympic Mountains, and unforgettable sunsets from this remarkably private Federal Way waterfront retreat. Set on approximately 1.5 acres with 125 feet of no-bank waterfront, this rare property offers the space, privacy, and direct beach access that are exceptionally difficult to find. The fully renovated custom home combines timeless Northwest character with modern comfort. Expansive windows frame the water views throughout the home, while the elegant sunken living room features gracious beamed ceilings and a dramatic fireplace. The refreshed kitchen offers Corian countertops and a cozy breakfast nook, while the spacious dining area is perfectly positioned for entertaining with the Sound as your backdrop. Multiple water-view decks and an expansive patio create seamless indoor-outdoor living—ideal for morning coffee, al fresco dining, entertaining, or simply enjoying spectacular Pacific Northwest sunsets. A separate 1200 square feet cottage provides flexible space for a home office, studio, guest retreat, or additional-purpose space. A peaceful wooded trail winds through the property to an enchanting sandy beach and waterfront cabana. At low tide, explore miles of shoreline directly from your own private waterfront setting. The property also benefits from a new septic system design and approval, with installation to be completed by the new owner. The separate cottage is 1200 square feet; buyers to verify.

5112 SW 311th Place, Federal Way

Listing Broker: WeLakeside; Mona Zhang; 612-453-9330; info@ubrpm.com

30706 19th Avenue S, Federal Way
$1,150,000
4 Beds ⋅ 4 Baths ⋅ 2572342 MLS ⋅ ACTIVE Status
Want to get away from all the hustle and bustle while keeping amenities within arm’s reach? This WATERFRONT RETREAT beckons you to make your great escape! Nestled on nearly half an acre along the shore of STEEL LAKE, it’s perfectly positioned to capture WATER VIEWS from all three levels. Step in to discover spacious interiors with all the right spaces to relax, entertain, play, and work from home. Elegant living and dining areas are perfect for parties, while a casual great room forms the heart of the home with its expanse of lake view windows. Gather around the cozy fireplace, open French doors for al fresco fun on the wrap-around deck, or prep your favorite meals in the open kitchen overlooking it all. More space and views await downstairs with a huge rec room opening to the patio and BEAUTIFULLY LANDSCAPED LAKESIDE LAWN beyond (ADU/MIL potential!). All four bedrooms are tucked upstairs together, including your dreamy primary suite with its own fireplace, private balcony, and jetted tub all looking out to the lake. Custom walk-in closet and heated floors in the primary bath, too! Thoughtful extras include skylights, a wired generator, central vacuum, low-maintenance Azek decking, in-ground sprinklers + OODLES OF STORAGE. Spend weekends watching for eagles and osprey while fishing (the lake is stocked!) free from the sound of high-speed motors. With such serenity, it’s easy to forget you’re JUST MINUTES AWAY FROM LIGHT RAIL, shopping, dining, schools and easy freeway access.

30706 19th Avenue S, Federal Way

Listing Broker: Windermere Mercer Island; Kathryn J. Buchanan; 206-227-2227; kabu@windermere.com

1018 S 312th Street Unit #531, Federal Way
$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 Broker: COMPASS; Robin D Nichols; 253-632-5904; robin.nichols@compass.com

29903 Marine View Drive SW, Federal Way
$1,599,000
4 Beds ⋅ 3 Baths ⋅ 2567729 MLS ⋅ ACTIVE Status
Private Puget Sound waterfront estate with western sunsets, Olympic Mountain views and direct beach access — Close to Tacoma / convenient to Seattle. Discover your own 88 ft bulkhead and owned waterfront, a sandy beach and an expansive .65-acre setting along desirable Marine View Drive. This is the kind of waterfront property that is increasingly difficult to find—generous land, substantial shoreline, bulkhead and valuable tideland rights, all framed by captivating Puget Sound views and unforgettable sunsets. Live on one level, rent the lower. This home lives large. Enjoy the soothing sounds of the water and look for whales from almost every room of this house. It is a spacious 2,950 sq ft, 4-bedroom, 3-bath home. 3 bedrooms and 2 bathrooms on main allow for one level living . Main floor features include kitchen with breakfast nook, side access to fenced yard, dedicated dining room with spectacular views.Primary bedroom with water views, lower level features open and bright bonus room , super sized bedroom with more water views and an updated bathroom. Room for cars and a shop in the 560 ft 2 car garage. Step outside and experience what makes this property truly special: your own beach, 88 feet of shoreline, room to entertain, garden and enjoy life at the water's edge. Kayak from your backyard, gather around the beach at sunset, or simply watch the changing tides and marine activity from home.Enjoy the home and the sunny days on your WATERFRONT, BEACH and TIDELANDS.

29903 Marine View Drive SW, Federal Way

Listing Broker: RSVP Brokers ERA; Kathy Filbert; 206-940-3346; kathyfilbertkw@Gmail.com

29645 18th Avenue S Unit #A201, Federal Way
$249,950
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 Broker: eXp Realty; Bobby Mollish; 956-801-9551; BobTheAgent15@gmail.com

33437 33rd Place S, Federal Way
$1,499,950
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 Broker: John L. Scott, Inc; Denis Karnafel; 253-329-0520; denisk@johnlscott.com

SW 296th Street, Federal Way
$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 Broker: COMPASS; Sam Cunningham; 206-227-7849; sam@samcunningham.com

29438 10th Avenue SW, Federal Way
$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 Broker: Keller Williams Eastside; Daniel Sandoval; 206-913-7788; danielsandoval@buildingdreams.team

30201 33rd Avenue SW, Federal Way
$1,499,000
4 Beds ⋅ 3 Baths ⋅ 2558768 MLS ⋅ ACTIVE Status
The Value of a Sunset. 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/bedroom make entertaining a breeze. Downstairs offers two more bedrooms, full bath, family room and shop/storage. 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. New carpet installed October 2026. Call today for a private showing.

30201 33rd Avenue SW, Federal Way

Listing Broker: Better Properties Soundview; Shannon Killian; 425-395-6839; shannon@betterpropertiessoundview.com

2529 S 304th Street, Federal Way
$1,299,500
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 Broker: Windermere RE West Campus Inc; Stephen Janho; 253-973-1003; sjanho@windermere.com

31422 7th Place SW, Federal Way
$950,000
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 Broker: Redfin; Troy Rothermel; 206-595-9057; troy.rothermel@redfin.com

1018 S 312th Street Unit #512, Federal Way
$334,950
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 Broker: Better Properties Solutions; Boyd E. Casey; 253-736-2999; boydcasey@comcast.net

30809 13th Place S Unit #24, Federal Way
$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 Broker: Redfin; Shauna Rumel; 206-779-4171; shauna.rumel@redfin.com

1002 S 312th Street Unit #114, Federal Way
$346,950
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 Broker: Keller Williams Realty; Rebecca Del Pozo; 253-576-7707; rebeccad@kw.com

30726 43rd Avenue SW, Federal Way
$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 Broker: John L. Scott Des Moines; Stacy Bonaparte; 206-234-6031; sbonaparte@johnlscott.com

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Based on information submitted to the MLS GRID as of . 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 noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.