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$850,000
4 Beds ⋅ 2 Baths ⋅ 2574364 MLS ⋅ ACTIVE Status
One-of-a-kind legacy property offering endless possibilities on over 1.5 acres with breathtaking Puget Sound views. Tucked away at the end of a private road, this French Country inspired home combines timeless character with thoughtful updates and versatility. Expansive sliding doors open wide to bring spectacular water views inside and connect to the outdoors. A huge entertaining deck provides the perfect setting for gatherings, outdoor dining and views of the Sound, Maury Island and beyond. The main level features a beautifully updated kitchen with custom cabinetry, abundant storage, marble countertops and all appliances included. The dining room adds charm and character with built-in seating, creating a warm and inviting space for meals and entertaining. The spacious living room offers a cozy fireplace, while the main-floor primary suite and additional bedroom with full bath provide convenient single-level living. Upstairs, find two additional bedrooms plus a flexible bonus room. Outside, the possibilities continue with a detached garage featuring shop space, EV charging, RV hookups, plus a year-round covered hot tub. HVAC, plumbing and electrical all updated! Previously used as a wedding venue and Airbnb, the property could also become a mini farm, complete with an existing chicken coop. Close to beach access, too! With expansive acreage, a private setting and potential opportunity to subdivide, this remarkable property offers a rare chance to create something special!

30005 21st Avenue SW, Federal Way

Listing courtesy of Redfin.

$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.

$895,000
1 Beds ⋅ 1 Baths ⋅ 2564765 MLS ⋅ ACTIVE Status
Rare opportunity to own 6.84 picturesque acres (297,950± sq. ft.) in one of the South Sound's most desirable and accessible locations, with easy access to I-5, SR-18, Federal Way, and Milton. This versatile property blends privacy, natural beauty, and future investment potential.The gently rolling landscape offers potential for expansive open pasture, with mature trees and many fruit trees along the perimeter—ideal for an equestrian estate, hobby farm, private retreat, or legacy family compound. There's ample room for horses, livestock, barns, riding arenas, gardens, vineyards, or additional outbuildings.Existing improvements include a charming 1920 farmhouse (approx. 1,050 sq. ft.) ready for restoration or replacement, plus an 820 sq. ft. garage/barn/shop with office space or potential living quarters above. The home is served by septic, with public sewer available at the property corner for added flexibility.Zoned RS35.0, the property may offer potential for a 5–6 lot short plat (buyer to verify with the appropriate jurisdiction)—a rare find for builders, developers, or investors. Zoning also allows single-family residences, daycare, senior care, and other compatible uses.Whether your vision is an elegant country estate, premier equestrian property, or a prime development opportunity, this one-of-a-kind offering delivers rural serenity with urban accessibility, just minutes from shopping, dining, and major commuter routes.

7005 Johnson Road NE, Federal Way

Listing courtesy of RE/MAX Northwest.

$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.

$1,600,000
6 Beds ⋅ 2 Baths ⋅ 2513577 MLS ⋅ ACTIVE Status
Developers. Investors. Visionaries — This One Just Leveled Up. Now offering a rare double-lot opportunity totaling approx. 60,000 sq ft in the highly desirable Steel Lake area. This opportunity brings serious scale and flexibility for those ready to build and maximize potential. The property includes a 3,200 sq ft home + 750 sq ft DADU, creating immediate options—hold, rent, or redevelop while you plan your next move. Zoned RS7.2, this site presents strong potential for subdivision and multiple new homes or townhomes (buyer to verify)—making it ideal for both experienced developers and investors looking for their next value-add project. Large parcels like this—especially with existing structures and development flexibility—are becoming increasingly rare in established, well-located neighborhoods near shopping, schools, and major commuter routes. Two lots. Multiple paths. Unlimited upside. Build it. Scale it. Maximize it.

Federal Way

Listing courtesy of Windermere Real Estate Co..

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