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30323 15th Court S, Federal Way
$4,950,000
2564976 MLS ⋅ ACTIVE Status
We are pleased to present Redondo Ridge Townhomes, an 18-unit townhome community in Federal Way. Built in 1976, the property offers spacious 2-bedroom, 1.5-bath townhomes averaging 1,010 SF with fireplaces, vaulted ceilings, private patios, and full-size side-by-side washers and dryers. Offered at $4,950,000 ($275,000/unit, $272/SF), the asset delivers a 6.04% in-place cap rate with meaningful upside: current rents average $2,101, roughly 12% below the $2,400 achieved by comparable townhomes, and four unrenovated units offer approximately $500/month of additional income. Capital improvements include a new metal roof (2017), electrical panel upgrades (2018), fresh exterior paint (2026), and 14 of 18 units extensively remodeled with new cabinets, quartz counters, flooring, paint, doors, millwork, and appliances. Located 1.6 miles from the Federal Way Link Light Rail Station with convenient access to employment, shopping, and dining.

30323 15th Court S, Federal Way

Listing Broker: Northmarq Multifamily, LLC; Steve Fischer; 425-830-2254; sfischer@northmarq.com

33901 9th Avenue S, Federal Way
$2,750,000
2440008 MLS ⋅ ACTIVE Status
Versatile 11,556 SF facility located in the West Campus Business Park (Lot 16A). Currently operating as an academy/religious facility, the flexible gymnasium-style layout (About 6K SF) accommodates a wide range of uses (with compatible OP Zoning) including school, church, office with warehouse, reception hall, sports training, physical therapy, government, community services & so on. Strong surrounding demographics and proximity to I-5, Federal Way Commons, major retailers, and transit provide convenience and long-term growth potential. Recent upgrades include a new central HVAC system (2024). Sale may include security surveillance, commercial kitchen equipment with 6FT commercial hood fixture and media/musical systems upon buyer's request.

33901 9th Avenue S, Federal Way

Listing Broker: Frontier Realty; Raymond Hwang; 425-531-9392; realtor.mundo@gmail.com

30853 14th Avenue S, Federal Way
$2,725,000
2566450 MLS ⋅ ACTIVE Status
The Lake Apartments is a well-maintained 16-unit garden-style multifamily community at 30853 14th Ave S in Federal Way, offered at an attractive $170,313 per unit. The property delivers a 6.06% in-place CAP rate with clear upside to a 7.41% proforma CAP through raising current below-market rents. Built in 1958 with a new roof installed in 2022, the asset sits on a large 31,050 sq. ft. park-like lot and features on-site laundry, ample private parking, and a balanced mix of one- and two-bedroom units. Located just off Pacific Highway and within approximately one mile of the Federal Way Downtown Link Light Rail Station, the property is also close to Steel Lake and Easter Lake, offering convenient access to recreational amenities. It benefits from strong transit access, high submarket occupancy (96.5%), limited new supply of apartments, and proximity to major employment centers including Sea-Tac Airport and the rapidly growing Kent Valley aerospace and logistics corridor.

30853 14th Avenue S, Federal Way

Listing Broker: Westlake Associates, Inc.; David W Petersen; 206-300-8909; david@westlakeassociates.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

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

36233 28th Avenue S, Federal Way
$1,648,000
4 Beds ⋅ 3 Baths ⋅ 2568915 MLS ⋅ ACTIVE Status
Location, character, & endless possibilities! This stunning, one-of-a-kind custom log home w/a durable metal roof sits on a shy 2-acre gated property w/county records indicating possible subdivision potential. Built in 1997, the home welcomes you w/ a stamped concrete walkway, ample parking for 10+ vehicles, a charming courtyard&an expansive covered front porch. Inside, the impressive great room showcases soaring vaulted log-beam ceilings & a magnificent floor-to-ceiling stone fireplace. The spacious island kitchen features custom wood cabinetry, stainless steel appliances, a generous walk-in pantry &is designed to complement the home's rustic elegance. The main level offers two bedrooms, a den or third bedroom, a full bath, and a versatile flex room perfect for a library, wine room, or additional storage. Upstairs, the enormous primary suite includes two closets & an adjoining loft ideal for a home office or bonus room. The lower level features a private guest suite w/a kitchenette, separate entrance&additional storage. Step onto the spacious deck overlooking a peaceful, wooded setting. A large two-bay garage accommodates 3+ vehicles, toys, & workshop space. The property also features RV parking, oversized drive-through gates, fruit trees, flowering shrubs, storage sheds, a picnic area, goat pen, & abundant room for gatherings, pets & outdoor living. Conveniently located near I-5, Hwy 18, shopping, dining, parks&everyday amenities, this truly is a rare opportunity. Must see!

36233 28th Avenue S, Federal Way

Listing Broker: Berkshire Hathaway HS NW; Kyong E. Kwon; 253-332-5388; kyongkwon@BHHSNWRealEstate.com

36233 28th Avenue S, Federal Way
$1,648,000
4 Beds ⋅ 3 Baths ⋅ 2535398 MLS ⋅ ACTIVE Status
Location, character, & endless possibilities! This stunning, one-of-a-kind custom log home w/a durable metal roof sits on a shy 2-acre gated property w/county records indicating possible subdivision potential. Built in 1997, the home welcomes you w/ a stamped concrete walkway, ample parking for 10+ vehicles, a charming courtyard&an expansive covered front porch. Inside, the impressive great room showcases soaring vaulted log-beam ceilings & a magnificent floor-to-ceiling stone fireplace. The spacious island kitchen features custom wood cabinetry, stainless steel appliances, a generous walk-in pantry &is designed to complement the home's rustic elegance. The main level offers two bedrooms, a den or third bedroom, a full bath, and a versatile flex room perfect for a library, wine room, or additional storage. Upstairs, the enormous primary suite includes two closets & an adjoining loft ideal for a home office or bonus room. The lower level features a private guest suite w/a kitchenette, separate entrance&additional storage. Step onto the spacious deck overlooking a peaceful, wooded setting. A large two-bay garage accommodates 3+ vehicles, toys, & workshop space. The property also features RV parking, oversized drive-through gates, fruit trees, flowering shrubs, storage sheds, a picnic area, goat pen, & abundant room for gatherings, pets & outdoor living. Conveniently located near I-5, Hwy 18, shopping, dining, parks&everyday amenities, this truly is a rare opportunity. Must see!

36233 28th Avenue S, Federal Way

Listing Broker: Berkshire Hathaway HS NW; Kyong E. Kwon; 253-332-5388; kyongkwon@BHHSNWRealEstate.com

29811 Marine View Drive SW, Federal Way
$1,599,950
6 Beds ⋅ 4 Baths ⋅ 2526379 MLS ⋅ ACTIVE Status
A studs-out 2025 rebuild on Marine View Drive SW with full Puget Sound views. Six bedrooms, 3.5 baths, 4,360 sq ft, plus a 600 sq ft attached garage. Outside: dark vertical siding, a standing-seam metal roof, fresh sod, and clean modern lines. A reeded glass door opens to herringbone wood floors and a bright entry. The main floor runs in vaulted white shiplap with exposed beams. A linear electric fireplace anchors the living room against a full concrete-tile wall. The kitchen is the heart of the home: light oak cabinets, quartz counters, a custom hood, and Bosch appliances throughout. The apron sink sits under a panoramic window aimed straight at the water. A big center island seats six. A steel-frame door leads to a wide composite deck with cable railing, a level lawn, and an open view. The two-story great room is wrapped in iron chandeliers and walls of glass to the deck and Sound. The primary suite sits on the main floor — vaulted ceiling, ductless mini-split, freestanding tub, walk-in shower, double vanity, and a lighted mirror. Additional bedrooms share the view. A separate entrance opens to a second full kitchen, a roomy family room, and a large multipurpose space with built-in shelving and direct yard access. Flex space, guests, long-term stays, or rental. Community beach access. 35-60 minutes to downtown Seattle, twenty minutes to Tacoma.[LT Rail}

29811 Marine View Drive SW, Federal Way

Listing Broker: Windermere RE West Campus Inc; Roger Bintner Sr; 253-878-1118; rdavid@bintnergroup.com

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 — 20 minutes from 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.

Federal Way

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

31122 36th Avenue SW, Federal Way
$1,550,000
4 Beds ⋅ 4 Baths ⋅ 2566870 MLS ⋅ ACTIVE Status
Perched atop Bayview Estates, this expansive two-story home offers uninterrupted views, exceptional privacy, and impressive spaces for entertaining. The open-concept main level brings together the kitchen, dining area, and living space, all opening onto expansive decks and a secluded patio. A dedicated indoor gym also connects directly to a private patio. The main-floor bedroom features its own en-suite bath, making it ideal for guests or multigenerational living. Upstairs, the spacious primary suite includes a five-piece bath, walk-in closet, and private deck with an outdoor shower. Two additional bedrooms and a large media and entertainment room complete the upper level. The entertainment room opens to another expansive deck with a hot tub, BBQ area, and sweeping views -Whether daytime or nighttime views are what you are looking for, they are here. Along with views on this home comes privacy. Whether daytime or nighttime views are what you are looking for, they are here. Along with views on this home comes privacy. Perfect for relaxing by day or hosting under the stars. Additional features include: New cement-plank siding, Tankless on-demand hot water, Central air conditioning, Whole-house vacuum system, Generator backup, Architectural composition roof, Three-car garage with abundant storage. Convenient dual access is available from Dash Point Road or through Twin Lakes. This private Bayview retreat combines comfort, versatility, and spectacular indoor-outdoor living.

31122 36th Avenue SW, Federal Way

Listing Broker: RE/MAX Eastside Brokers, Inc.; Sharon K. Mann; 206-200-3616; sharon_mann@msn.com

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

31 XXX 32nd Avenue S, Federal Way
$1,500,000
2555834 MLS ⋅ ACTIVE Status
Discover an exceptional opportunity to bring your vision to life on approximately 4.68 acres in a highly convenient location that offers both accessibility and a peaceful natural setting. Zoned Community Business, this versatile property presents a wide range of potential development opportunities. Utilities are available in the street, adding to the property's appeal for future plans. According to King County, potential uses may include townhomes, apartments, community residential facilities, assisted housing, bed and breakfast accommodations, along with various residential accessory uses. Buyer to verify all permitted uses and development potential to their own satisfaction. The property is primarily lightly treed with a beautiful mix of mature evergreens and cedar trees, creating an inviting Northwest backdrop while preserving flexibility for future plans. A generous level area provides an excellent starting point for development, while the gently sloping rear portion adds character and dimension to the landscape. Conveniently located near shopping, dining, services, and major commuter routes, this rare offering combines outstanding potential with an exceptional location.

31 XXX 32nd Avenue S, Federal Way

Listing Broker: Redfin; Troy M. Lehman; 206-321-7367; troy.lehman@redfin.com

30201 33rd Avenue SW, Federal Way
$1,499,000
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 Broker: Better Properties Soundview; Shannon Killian; 425-395-6839; shannon@betterpropertiessoundview.com

35101 27th Avenue S, Federal Way
$1,450,000
4 Beds ⋅ 4 Baths ⋅ 2580098 MLS ⋅ ACTIVE Status
Welcome home to this beautiful, newly constructed residence located in the heart of Federal Way. Completed in December 2025, the entry opens up to dramatic 20ft ceilings, setting the tone for a thoughtfully designed and versatile floor plan. The main level features a dedicated office, bonus room, and ¾ bath, offering flexible space for work, guests, or everyday living. Upstairs, you’ll find four bedrooms, three bathrooms, and a conveniently located laundry room. The primary suite is a true retreat, featuring a spa-inspired bath with a walk-in shower surrounding the soaking tub. Step outside to a private backyard with garden space and plenty of room to enjoy the outdoors. Exceptional parking includes a three-car attached garage plus a detached one-car garage with drawn ADU plans by Urban Design Group, offering exciting future possibilities. Convenient access to I-5 and WA-18, plus minutes away from Costco, Lake Killarney, dining and more!

35101 27th Avenue S, Federal Way

Listing Broker: Keller Williams Rlty Bellevue; Apryl Tolstoy; 425-941-6248; apryl@tolstoyventures.com

28904 5th Avenue S, Federal Way
$1,350,000
5 Beds ⋅ 4 Baths ⋅ 2586694 MLS ⋅ ACTIVE Status
AN EXTRAORDINARY VIEW. AN EXCEPTIONAL SETTING. A HOME DESIGNED TO BE EXPERIENCED. Commanding breathtaking panoramic views across the Puget Sound to the Olympic Mountains, this distinguished Marine Hills residence offers a rare marriage of natural beauty, refined interiors, and effortless Northwest living. Bathed in natural light, the home unfolds beneath soaring vaulted ceilings with an open, sophisticated floor plan designed for both intimate moments and grand entertaining. A thoughtful renovation introduces rich hardwood floors, bespoke soft-close cabinetry, lustrous granite countertops and details that elevate the everyday. The lower level transforms into an entertainer’s retreat, featuring a generous Game Room and fully appointed Bar with a double wine refrigerator, creating an inviting destination for evenings with friends and celebrations of every kind. Recent enhancements include beautifully renovated bathrooms with sauna and soaking tub, full walk in closet with custom shelving, A/C, and water heater, seamlessly blending modern comfort with peace of mind. Beyond the interiors, an expansive deck becomes the perfect vantage point for mesmerizing sunsets over the Sound, while the meticulously cultivated gardens offer a private sanctuary framed by mature apple, plum, and cherry trees. A truly rare offering where sweeping vistas, sophisticated design, and an enviable Marine Hills setting converge.

28904 5th Avenue S, Federal Way

Listing Broker: COMPASS; Michelle Kim; 206-673-1980; michelle.kim@compass.com

148 S 295th Place S, Federal Way
$1,300,000
4 Beds ⋅ 3 Baths ⋅ 2576940 MLS ⋅ ACTIVE Status
Stunning Puget Sound & mountain views set the stage for this beautifully updated home, ideally located near Redondo, parks, shopping, dining, and everyday amenities. Thoughtfully improved with quality materials and exceptional attention to detail, this home offers a rare blend of comfort, style, and Northwest living. Extensive updates include a cedar roof with a 50-year warranty, double-pane windows, newer exterior siding, fascia & paint. The gourmet kitchen is a true showpiece, featuring rich cherry cabinetry, granite countertops & backsplash, and an impressive suite of high-end appliances. Enormous entertaining space, with a custom gas fireplace, built-in bar with granite counter & lots of seating. Vaulted ceilings with sandblasted, natural-stained wood add warmth & character, complemented by new solid-oak doors & molding, hardwood floors in the foyer, kitchen & baths, and new top-quality carpeting. Two expansive decks with glass railings and a built-in BBQ provide exceptional spaces for outdoor entertaining while enjoying the breathtaking views. Professionally landscaped grounds feature an underground sprinkler system and dedicated space for gardening. Additional improvements include a newer driveway, finished garage flooring, an air conditioner, & updated lighting throughout. A truly exceptional home offering quality craftsmanship, extensive updates, comfortable living spaces, and unforgettable Puget Sound and mountain views—all in a highly desirable location.

148 S 295th Place S, Federal Way

Listing Broker: Windermere RE South Sound, Inc; Kathy Callahan; 206-793-4874; kcallahan@windermere.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

104 SW 291st Street, Federal Way
$1,297,000
2 Beds ⋅ 3 Baths ⋅ 2524246 MLS ⋅ ACTIVE Status
Architectural artistry meets phenomenal water view living in this truly unmatched home, tucked in the trees with such an intimate Sound view you’ll feel as though you’re floating above the water the moment you step inside. Striking architectural lines, rich wood millwork, beams and trim blend seamlessly with soaring ceilings, walls of windows, and a dramatic oculus skylight that floods the home with natural light—creating a one-of-a-kind statement residence unlike anything else. The brand-new kitchen is both stunning & functional, featuring wet bar area, corner view windows, plus secondary prep kitchen/walk-thru pantry designed for effortless entertaining. French doors off the living room open to an expansive entertainment-sized deck—a perfect setting to take in breathtaking sunsets and the soothing sound of waves lapping the shoreline below. An open-tread staircase leads to a lofted casual living area or study, while an open-rail bridge draws you into the spectacular primary suite, complete with corner view windows, a spa-inspired 5-pc bath, & spacious walk-in closet. Add'l bedroom & beautifully appointed ¾ bath with full body spray shower complete the upper level. Stroll just a few hundred feet to the beach & Redondo Boardwalk to fully embrace the coveted beach lifestyle this location offers. An oversized garage provides exceptional storage. Convenient location for commuting to Seattle, Tacoma, or the airport—or simply enjoy what may be the ULTIMATE work-from-home retreat

104 SW 291st Street, Federal Way

Listing Broker: Windermere RE West Campus Inc; Kris Holden; 206-999-9621; kholden@windermere.com

34007 1st Circle S, Federal Way
$1,250,000
2590067 MLS ⋅ ACTIVE Status
Panther Lake Apartments is a 6-unit building built in 1979, located in Federal Way. The property offers a true hands-off investment with professional management in place and HOA dues covering water, sewer, garbage, and landscaping. All units are 1,000 SF with two bedrooms, one bathroom, in-unit washer & dryers, wood-burning fireplaces, and covered parking.As part of a larger residential community, residents benefit from shared amenities including on-site management, a playground, and tennis courts. Located just 1.5 miles from I-5, the property offers convenient access to Tacoma, Seattle, and the broader Puget Sound region. Priced at $208K per unit with a cap rate of 6.7%, it presents an attractive basis.

34007 1st Circle S, Federal Way

Listing Broker: Northmarq Multifamily, LLC; Taylor Wyman; 952-356-0100; twyman@northmarq.com

320 SW 365th Street Unit #3, Federal Way
$1,219,990
4 Beds ⋅ 4 Baths ⋅ 2486133 MLS ⋅ ACTIVE Status
Single-Story Living! Brand new, contemporary energy-efficient home by award winning builder Ichijo USA! 3292 sqft, 4 beds plus den, 3.25 baths, Sunny, Spacious Balcony with Territorial Views! 20,000 sq ft estate-sized home site! The main floor features a luxurious primary suite with a five-piece bathroom! Also on the main floor you will find an open, bright living area with vaulted ceilings, modern kitchen, dining space, guest bathroom and den! Lower level: 3 beds, living room, including an ensuite for your ample comfort and convenience. Move-in ready by Fall/Early Winter! Only minutes away from I-5, grocery stores, dining, and schools! *Call or Text the listing broker to make an Appointment Today! *Ask about the 35k flex cash incentive with use of preferred lender! *If represented by a broker, broker must accompany & register at 1st visit. See Site Registration Policy 4772.

320 SW 365th Street Unit #3, Federal Way

Listing Broker: James & Associates R.E. Inc.; Kyle Summers; 206-940-6861; summers.kyle@gmail.com

36508 SW 3rd Place Unit #2, Federal Way
$1,199,990
4 Beds ⋅ 4 Baths ⋅ 2486065 MLS ⋅ ACTIVE Status
Single-Story Living! Brand new, contemporary energy-efficient home by award winning builder Ichijo USA! 3292 sqft, 4 beds plus den, 3.25 baths, Sunny, Spacious Balcony with Territorial Views! 20,000 sq ft estate-sized home site! The main floor features a luxurious primary suite with a five-piece bathroom! Also on the main floor you will find an open, bright living area with vaulted ceilings, modern kitchen, dining space, guest bathroom and den! Lower level: 3 beds, living room, including an ensuite for your ample comfort and convenience. Move-in ready by Fall! Only minutes away from I-5, grocery stores, dining, and schools! Call or Text the listing broker to make an Appointment today! Ichijo USA is currently offering a 35k incentive with the use of a preferred lender! If represented by a broker, broker must accompany & register at 1st visit. See Site Registration Policy 4772.

36508 SW 3rd Place Unit #2, Federal Way

Listing Broker: James & Associates R.E. Inc.; Kyle Summers; 206-940-6861; summers.kyle@gmail.com

3118 S 337th Street, Federal Way
$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 Broker: Keller Williams Realty PS; Eric Plotnikov; 206-631-0874; eric@thesarkgroup.com

3511 SW 310th Court, Federal Way
$1,199,000
3 Beds ⋅ 3 Baths ⋅ 2558457 MLS ⋅ ACTIVE Status
Spectacular views of Puget Sound, Olympic Mountains as well as private backyard and greenbelt.Watch for Whales, Ships, Eagles from this 3-bedroom plus office, 2.5-bathroom home that stands as a true landmark of quality craftsmanship. Open, expansive kitchen with large island and plenty of counter space leads into bonus room with more views and access to outdoor patio, perfect for relaxing or entertaining. The main floor also features a dedicated dining room with butlers pantry and office. Upstairs offers another view bonus room with deck access.The crown jewel of this estate is its commanding, panoramic view of the Puget Sound. Designed with view-centric architecture, the main living areas frame breathtaking saltwater vistas, allowing you to watch majestic whales migrate right from home. Step outside onto your expansive entertaining patio to host unforgettable gatherings against a backdrop of shimmering water and mountain peaks.Situated at the end of a peaceful cul-de-sac on a rare 0.47-acre lot, the property seamlessly extends into a lush, private greenbelt, ensuring complete seclusion. Large 3-car garage with abundant storage. Views that are the best of the best.Easy access to Twin Lakes Golf Course, I-5, Light rail.

3511 SW 310th Court, Federal Way

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

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