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5118 SW 311 Place

Federal Way, WA 98023
  • $1,025,000
  • STATUS: Active
  • MLS #: 2515671
UPDATED: 143 min ago
$1,025,000
  • 4
    BEDS
  • 0.36
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 3,300
    SQFT
  • $311
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1972
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Northwest MLS logo Listing courtesy of Northwest MLS as distributed by MLS GRID. Listing courtesy of John L. Scott, Inc..
Mortgage Calculator is provided by BoomTown.

Description

Perched to capture sweeping, unobstructed panorama views of Puget Sound, this iconic Pacific Northwest retreat is ready for its next chapter. Offered in its original condition, this home is ideal for buyers seeking a chance to renovate, restore, or reimagine a view property into their dream residence. Solid bones, timeless character, and endless potential make this a standout investment opportunity. The expansive unfinished 1,280 sq ft basement adds exceptional flexibility and value, ideal for a workshop, studio, wine cellar, fitness space, storage, or future expansion. Existing plumbing for an additional bathroom opens the door to even more possibilities. Enjoy seamless indoor-outdoor living with a spacious view deck, perfect for entertaining, relaxing, or morning coffee, soak in the incredible scenery year-round. Conveniently located with easy access to light rail (5 miles), Seattle/Tacoma airport (15 miles), shopping, parks, and commuter routes, this home offers a rare combination of peaceful living and unbeatable accessibility.

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IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Reuben Bray Homes | Realty One Group Prestige are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2026-05-10T00:16:10.667. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2026-05-10T00:16:10.667. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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5118 SW 311 Place Federal Way, WA 98023

  • Price: $1,025,000
  • Status: Active
  • On Site: Days
  • Updated: 143 min ago
  • MLS #: 2515671
4
Beds
2
Baths
0
½ Baths
0.36
Acres
3,300
SQFT
$311
$/SQFT
1972
Built
Neighborhood:
Dash Point
County:
King
Area:
110 - Dash Point/Federal Way
Elementary School:
Buyer To Verify
Middle School:
Buyer To Verify
High School:
Buyer To Verify
School District:
Federal Way
Property Description
Perched to capture sweeping, unobstructed panorama views of Puget Sound, this iconic Pacific Northwest retreat is ready for its next chapter. Offered in its original condition, this home is ideal for buyers seeking a chance to renovate, restore, or reimagine a view property into their dream residence. Solid bones, timeless character, and endless potential make this a standout investment opportunity. The expansive unfinished 1,280 sq ft basement adds exceptional flexibility and value, ideal for a workshop, studio, wine cellar, fitness space, storage, or future expansion. Existing plumbing for an additional bathroom opens the door to even more possibilities. Enjoy seamless indoor-outdoor living with a spacious view deck, perfect for entertaining, relaxing, or morning coffee, soak in the incredible scenery year-round. Conveniently located with easy access to light rail (5 miles), Seattle/Tacoma airport (15 miles), shopping, parks, and commuter routes, this home offers a rare combination of peaceful living and unbeatable accessibility.
Exterior Features

Attached Garage YN No Carport Spaces 3 Carport YN Yes Covered Spaces 3 Entry Location Main Exterior Features Wood Levels Two Lot Features PavedSidewalk Open Parking YN No Parking Features Attached Carport Parking Total 3 Roof Composition Structure Type House Style Code 18 - 2 Stories w/Bsmnt Vegetation Brush View MountainsOcean View YN Yes Waterfront YN No

Interior Features

Appliances DishwasherDouble OvenDryerRefrigeratorStove(s)/Range(s)Washer Appliances Included Dishwasher(s)Double OvenDryer(s)Refrigerator(s)Stove(s)/Range(s)Washer(s) Basement DaylightUnfinished Baths Full Garage 0 Baths Full Lower 0 Baths Full Main 1 Baths Full Upper 1 Baths Half Garage 0 Baths Half Lower 0 Baths Half Main 0 Baths Half Upper 0 Baths Three Quarter Garage 0 Baths Three Quarter Lower 0 Baths Three Quarter Main 0 Baths Three Quarter Upper 0 Bedrooms Lower 0 Bedrooms Upper 1 Building Area Total 3300 Cooling Forced Air Cooling YN Yes Fireplace YN Yes Fireplaces Lower 1 Fireplaces Main 1 Fireplaces Total 2 Flooring HardwoodStoneVinylCarpet Heating Forced Air Heating YN Yes Interior Features Dbl Pane/Storm WindowFireplacePantryVaulted Ceiling(s)Walk-In Closet(s)Water Heater Living Area 2020 Main Level Bedrooms 3 Rooms Bathroom Full (Main Level) Bedroom (Main Level) Bedroom (Main Level) Bedroom (Main Level) Entry Hall (Main Level) Bathroom Full (Second Level) Kitchen With Eating Space (Main Level) Family Room (Main Level) Primary Bedroom (Second Level) Living Room (Main Level) Utility Room (Lower Level) Square Footage Finished 2020 Square Footage Unfinished 1280

Property Features

Association Fee 0 Association YN No Building Information Built On Lot Down Payment Resource YN Yes Energy Source Electric FIRPTAYN No First Right Of Refusal No Foundation Details Poured Concrete Inclusions Dishwasher(s)Double OvenDryer(s)Refrigerator(s)Stove(s)/Range(s)Washer(s) Irrigation Water Rights YN No Land Lease YN No Listing Terms CashConventionalVA Loan New Construction YN No Possession Closing Power Production Type Electric Property Sub Type Single Family Residence Senior Community YN No Senior Exemption Yes Sewer Septic Tank Short Term Rental YN No Site Features Deck Special Listing Conditions None Tax Annual Amount 3753 Tax Year 2025 Water Heater Location Basement Water Heater Type Electric Water Source Public Year Built Effective 1972 Zoning Jurisdiction City

MLS Grid logo

IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Reuben Bray Homes | Realty One Group Prestige are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2026-05-10T00:16:10.667. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2026-05-10T00:16:10.667. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Digital Millennium Copyright Act
 
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Northwest MLS logo Listing courtesy of Northwest MLS as distributed by MLS GRID. Listing courtesy of John L. Scott, Inc..
Mortgage Calculator is provided by BoomTown.