All homes

$1,650,000

5112 311th Place

Federal Way, WA 98023

Active
High BankMountains viewOcean viewSea viewTerritorial view

Beds

3

Baths

3

Sq Ft

2,640

Lot

1.57 ac

Year built

1973

Type

Residential

Days listed

4

MLS #

2580516

About this home

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.

Interior features

FireplaceWalk-In Closet(s)Water Heater

Exterior features

Wood

Appliances

DishwasherDisposalDouble OvenDryerRefrigeratorWasher

Schools

Elementary

Twin Lakes Elem

Middle

Lakota Mid Sch

High

Decatur High

Property details

Heating
Forced Air
Cooling
Forced Air
Flooring
Ceramic Tile, Vinyl, Carpet
Parking
Detached Garage
View
Mountains, Ocean, Sea, Territorial
Lot
Cul-De-Sac, Paved, Value In Land
Water source
Public
Sewer
Septic Tank
Levels
Two
Fireplaces
1

Costs

Price / sq ft
$625
Annual taxes
$17,598 (2025)

Estimate your monthly payment

$9,810/mo

Principal & interest
$8,343
Property taxes
$1,467
Loan amount $1,320,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Federal Way, WA 98023

Approximate location. Contact us to confirm the exact address.

Listing courtesy of WeLakeside— Mona Zhang.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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