Listed by Aleksandr Frankov, eXp Realty
- 3
- Bedrooms
- 3
- Bathrooms
- 2,220
- Square feet
- $450
- Per sq ft
- Single Family Residence
- Type
- 1956
- Year built
- 11,581 sq ft
- Lot
- 39
- Days on market
About this property
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!
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2535236
- Listed
- June 4, 2026
- Days on market
- 39
- Price per sq ft
- $450
Unit & building
- Unit levels
- One
Parking
- Parking
- Attached GarageRV Parking
- Covered spaces
- 2
- Total spaces
- 2
Views
- View
- LakeTerritorial
Construction
- Year built
- 1956
- Style
- 16 - 1 Story w/Bsmnt.
- Structure
- House
- Roof
- Composition
Heating & cooling
- Heating
- Forced Air
- Cooling
- Central Air
- Energy source
- Natural Gas
Interior features
- Features
- Second KitchenDbl Pane/Storm WindowDining RoomFireplaceVaulted Ceiling(s)Walk-In Closet(s)
- Fireplaces
- 3
- Fireplace type
- Gas
Flooring
- Flooring
- LaminateCarpet
Appliances
- Appliances
- DishwasherRefrigeratorStove(s)/Range(s)
Lot
- Lot features
- Paved
- Lot size
- 11,581 sq ft
- Waterfront
- Yes
Terms
- Terms offered
- CashConventionalFHAVA Loan
Utilities
- Water
- Lakehaven
- Sewer
- Lakehaven
- Power
- PSE
Schools
- District
- Federal Way
What stands out to you?
Mark features you love or could do without. Saved on this device to tune what you see.
- One
- Attached Garage
- RV Parking
- Lake
- Territorial
- House
- Composition
- Forced Air
- Central Air
- Natural Gas
- Second Kitchen
- Dbl Pane/Storm Window
Listing history
Listed
$999,999
June 4, 2026
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$5,824
- Principal & interest
- $5,057
- Property tax (est.)
- $767
Assumes $200,000 down (20%), a $799,999 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
Similar nearby listings

$869,950
31509 42nd Avenue SE
Federal Way, WA

$1,219,990
320 SW 365th Street #3
Federal Way, WA

$1,199,990
36508 SW 3rd Place #2
Federal Way, WA

$774,999
34435 32nd Court SW
Federal Way, WA

$750,000
Federal Way
WA

$979,000
33408 42nd Avenue SW
Federal Way, WA
Based on information submitted to the MLS GRID as of July 13, 2026 at 11:15 PM PDT. 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.