Open House Sun, Sep 13th 01:00 PM - 03:00 PM
Listed By:
WeLakeside and NWMLS
Address
5112 Sw 311th Place, Federal Way, WA
Price
$ 1,650,000
Property Attributes
  • ID#2580516
  • TypeSingle Family
  • CountyKING
  • CityFederal Way
  • AreaDash Point-Federal Way
  • NeighborhoodFederal Way
  • Zip98023
  • Style2 Story
  • Year Built1973
  • Taxes$ 17598
  • Price$ 1,650,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms1
  • Sqr Footage2640
  • Lot Size1.5743 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description

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.

Elementary School Middle School High School
Twin Lakes Elem Lakota Mid Sch Decatur High
Price History
9/10/2026 Listed $1,650,000

General Features

Living Area 2640
Sewer Septic Tank
Heating Forced Air
Cooling Forced Air
Possession Closing
Roof Composition
Appliances Dishwasher,Disposal,Double Oven,Dryer,Refrigerator,Washer
Year Built 1973
View Mountains,Ocean,Sea,Territorial
Topography Terraces
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features High Bank
County King
New Construction No
Property Type Residential
HOA No
Attached Garage No
Subdivision Name Federal Way
Facing Direction Northwest
Garage Y/N Yes
Full Baths 1
Special Listing Conditions None
Status Active
Directions From Dash Point Rd head north down 51st Ave SW. Cross 311th Pl & go down driveway. If gate is close,open it & park by garage.
High School Decatur High
City Federal Way
Entry Location Main
Senior Community Y/N No
High School District Federal Way
MLS Area 110 - Dash Point/Federal Way
Lot Size Units Square Feet
Lot Size Square Feet 68577
Carport Y/N No
Listing Terms Cash,Conventional,FHA,USDA Loan,VA Loan
Elementary School Twin Lakes Elem
Land Lease Y/N No
Tax Annual Amount 17598
Middle/Junior High School Lakota Mid Sch
Public Remarks 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
Structure Type House
Building Area Units Square Feet
Standard Status Active
Water Company Tacoma Public Utilities
Total Actual Rent 7000
Property Style 12 - 2 Story
NWM_ShowMapLink Yes

Interior Features

Interior Amenities Fireplace,Walk-In Closet(s),Water Heater
Basement None
Flooring Ceramic Tile,Vinyl,Carpet
Total Fireplaces 1
Fireplace Features Electric
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N Yes
Half Baths 1
3/4 Baths 1
Total Bedrooms 3
Total Baths 3
Bedrooms Possible 4
Water Heater Type Electronic
Water Heater Location Garage
Fireplaces Lower 1
Power Production Type Electric
Baths Three Quarter Upper 1
Bedrooms Upper 3
Baths Half Main 1
Baths Full Upper 1
Bathrooms 2.25

Exterior Features

Exterior Amenities Wood
Vegetation Brush,Wooded
Parking Features Detached Garage
Lot Features Cul-De-Sac,Paved,Value In Land
Water Source Public
Total Parking 4
Inclusions Dishwasher(s),Double Oven,Dryer(s),Garbage Disposal,Refrigerator(s),Washer(s)
Foundation Details Concrete Ribbon,Poured Concrete
Building Area Total 2640
Lot Dimensions 68577
Lot Size Acres 1.5743
Waterfront Y/N Yes
Covered Spaces 2
Irrigation Water Rights Y/N No
Waterfront Footage 145
Parking Uncovered Total 2
Lot Number 3210200205

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 98023

Price
AVG $780K
$1.65M
Taxes
AVG $6,720
$17,598
Year Built
AVG 1984
1973

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