$1,650,000
5112 311th Place
Federal Way, WA 98023
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
Exterior features
Appliances
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
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.
Interested in this home?
Request a private tour or ask a question — a local agent will respond personally.