$1,149,998
3118 337th Street
Federal Way, WA 98001
Beds
2
Baths
2
Sq Ft
1,160
Lot
0.73 ac
Year built
1942
Type
Residential
Days listed
1
MLS #
2592597
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.
Interior features
Exterior features
Appliances
Schools
Elementary
Lake Dolloff Elem
Middle
Sequoyah Mid Sch
High
Todd Beamer High
Property details
- Heating
- Forced Air
- Cooling
- None
- Flooring
- Ceramic Tile, Laminate
- Parking
- Driveway, Attached Garage, RV Parking
- View
- Lake, Territorial
- Lot
- Paved
- Water source
- Public
- Sewer
- Available, Septic Tank
- Levels
- One
- Fireplaces
- 1
Costs
- Price / sq ft
- $991
- Annual taxes
- $5,919 (2026)
Estimate your monthly payment
$6,308/mo
- Principal & interest
- $5,815
- Property taxes
- $493
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 98001
Approximate location. Contact us to confirm the exact address.
Listing courtesy of eXp Realty— Ivan Grishko.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.