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Listing courtesy of eXp RealtyIvan Grishko · 425-623-0363 · ivan@grishkogroup.comNWMLS Courtesy of NWMLS

Active

3118 S 337th Street , Federal Way, WA 98001

Federal Way, WA 98001 · MLS# 2592597

$1,149,998

  • 2 beds
  • 2 baths
  • 1,160 sq ft
  • Built 1942

About this home

Situated on coveted North Lake waterfront, this rare offering includes 3 waterfront parcels totaling 31,319 SF, all sold together. The fully remodeled one-story, 2-bedroom, 1.75-bath rambler anchors the property, with over 82 feet of combined lake frontage across the 3 parcels. Enjoy it as one expansive waterfront retreat or explore the potential to build up to 2 additional homes. Inside, vaulted ceilings and a bright sunroom fill the home with natural light and frame spectacular lake views. The remodeled interior features custom cabinetry, quartz countertops, modern tiled bathrooms, a soaking tub, durable laminate flooring, and thoughtful updates throughout. Outside, a private dock and jacuzzi create an ideal setting for life on the water. Spend your days boating, paddleboarding, fishing, swimming, or relaxing along the shoreline, then take in spectacular North Lake sunsets. An oversized heated two-car garage offers generous space for vehicles, storage, lake toys, or a workshop. Previously operated as a successful Airbnb, the property offers flexibility as a primary residence, vacation retreat, or investment opportunity. Public sewer is located adjacent to all three parcels, while the existing home is currently served by septic. Buyer to verify sewer availability, connection requirements, and development feasibility. A rare opportunity to enjoy North Lake today with exciting possibilities for the future.

Virtual tour

Details

Status
Active
MLS number
2592597
Property type
Residential
Lot size
31,919 sq ft
Cumulative days on market
50
County
King
Style
Single Family Residence
Levels
One
Basement
None
Heating
Forced Air
Cooling
None
Appliances
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
Flooring
Ceramic Tile, Laminate
Parking
Driveway, Attached Garage, RV Parking
View
Lake, Territorial
Waterfront
Lake, No Bank
New construction
No
Annual property tax
5919.4
Tax year
2026