Steel Lake Real Estate

Steel Lake Real Estate

Welcome to Steel Lake, a charming neighborhood nestled in the heart of Federal Way, Washington. Located in King County, this idyllic community offers a perfect blend of natural beauty and urban convenience.

Situated just south of Seattle, Steel Lake is a sought-after destination for those seeking a peaceful retreat while still being close to the city. The neighborhood gets its name from the stunning Steel Lake, a picturesque body of water that provides a serene backdrop for residents and visitors alike.

Nature enthusiasts will appreciate the abundance of outdoor activities available in Steel Lake. The neighborhood is home to several parks, including Steel Lake Park, which offers walking trails, picnic areas, and a sandy beach for swimming and sunbathing. The lake itself is perfect for fishing, kayaking, and paddleboarding.

In addition to its natural attractions, Steel Lake boasts a vibrant community atmosphere. The neighborhood is known for its friendly residents and strong sense of community. Throughout the year, various events and festivals are organized, bringing neighbors together to celebrate and connect.

When it comes to amenities, Steel Lake has everything you need within easy reach. The nearby Federal Way Commons offers a wide range of shopping and dining options, ensuring that residents have plenty of choices for entertainment and everyday necessities.

With its beautiful surroundings, strong community spirit, and convenient location, Steel Lake is a fantastic place to call home. Whether you're looking to settle down or simply visit, this neighborhood offers a warm and welcoming atmosphere that is sure to leave a lasting impression.

Newest Listings in Steel Lake

$949,999
3 Beds ⋅ 3 Baths ⋅ 2565437 MLS ⋅ ACTIVE Status
UNMATCHED WATERFRONT LIVING ON STEEL LAKE—PANORAMIC VIEWS AND STUNNING WEST-FACING SUNSETS DEFINE THIS RARE OFFERING. With 45 feet of no-bank waterfront, this exceptional 3-bedroom, 3-bath home delivers front-row access to shimmering lake vistas, best enjoyed from expansive entertainer’s decks designed for seamless indoor-outdoor living. Vaulted ceilings and three fireplaces create a warm yet dramatic atmosphere throughout.Wake up to tranquil water views and a vibrant natural setting, where osprey, bald eagles, chickadees, turtles, and ducks are part of everyday life. Spend your days immersed in lake living—swimming, fishing, kayaking, paddleboarding, and evening boat rides under glowing sunsets, plus unforgettable 4th of July fireworks and festive Christmas boat parades. The beautifully landscaped grounds create a true gardener’s paradise, offering both serenity and space to entertain. Thoughtful updates include a newer roof (2022) and A/C for year-round comfort. A versatile layout adds incredible value, with a lower level featuring its own entrance, living room, washer/dryer, kitchenette, and full bath—ideal for Airbnb or multi-generational living while you enjoy the main home above. Complete with a circular driveway and a prime location just minutes to light rail, freeways, and everyday amenities, this is a rare opportunity to own a premier waterfront retreat. Must see—where every day feels like a private lakeside getaway. Don't miss out to call it your forever HOME!

30415 28th Avenue S, Federal Way

Listing courtesy of eXp Realty.

$700,000
4 Beds ⋅ 3 Baths ⋅ 2557430 MLS ⋅ ACTIVE Status
Beautifully updated and meticulously maintained, this Federal Way home is ready for its next chapter. Steel Lake is within walking distance. Warm hardwood floors, a soaring wood ceiling, oversized picture windows, and a striking brick fireplace create an inviting space you'll love coming home to. The remodeled kitchen offers generous cabinetry and workspace, while refreshed bathrooms and numerous updates throughout provide peace of mind for years to come. Outside, enjoy a spacious deck overlooking a private backyard that's perfect for entertaining, relaxing, or play. Major improvements include a new 30-year roof with leaf guards, fresh exterior paint, updated plumbing and electrical, new carpet, all bathrooms have been remodeled, new lighting, added main floor half bath, new stair railings. A wonderful opportunity in an established neighborhood close to everything Federal Way has to offer.

30641 28TH Avenue S, Federal Way

Listing courtesy of CENTURY 21 Real Estate Center.

$1,380,000
5 Beds ⋅ 4 Baths ⋅ 2559258 MLS ⋅ ACTIVE Status
This waterfront 5-bedroom-plus home with additional dwelling space in the lower level is an absolute Steel Lake gem! Enjoy year-round activities like fishing, paddleboarding, swimming, and more just steps out your back door. From peaceful moments with nature to entertaining large gatherings, making memories and experiences is what this home is all about. Truly a one-of-a-kind, custom-built home that has all the peace and tranquility of the country while being a simple commute to the city, airport, and just minutes from all the amenities you could ever want or need. Pride of ownership is evident at every turn, as the home has been well cared for. This is a property you need to visit to feel and not just view online. Real value in real estate comes from location and the lived experiences that a property delivers. This property delivers on both! Call today for a tour and experience what true and lasting value in real estate looks and feels like.

2529 S 304th Street, Federal Way

Listing courtesy of Windermere RE West Campus Inc.

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