5118 SW 311 Place, Federal Way, WA 98023
- $965,000
- 4
- BD
- 2
- BA
- 2,020
- SqFt
Listing courtesy of John L. Scott, Inc.. Selling Office: RE/MAX Northwest.
- Sold Price
- $965,000
- List Price
- $1,000,000
- Status
- SOLD
- MLS#
- 2515671
- Closing Date
- Jun 05, 2026
- Days on Market
- 20
- Bedrooms
- 4
- Finished SqFt
- 2,020
- Area Total SqFt
- 3300
- Annual Tax Ammount
- 3753
- Lot Size (sq ft)
- 15,680
- Fireplace
- Yes
- Sewer
- Septic Tank
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.
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Additional Information
- Community
- Dash Point
- Style
- 18 - 2 Stories w/Bsmnt
- Basement
- Daylight, Unfinished
- Year Built
- 1972
- Total Covered Parking
- 3
- View
- Mountains, Ocean
- Roof
- Composition
- Site Features
- Deck
- Tax Year
- 2025
- School District
- Federal Way
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Potential Terms
- Cash, Conventional, VA Loan
- Interior Features
- Dbl Pane/Storm Window, Fireplace, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater
- Flooring
- Hardwood, Stone, Vinyl, Carpet
- Driving Directions
- GPS directions good.
- Appliance
- Dishwasher, Double Oven, Dryer, Refrigerator, Stove(s)/Range(s), Washer
- Appliances Included
- Dishwasher(s), Double Oven, Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Water Heater Location
- Basement
- Water Heater Type
- Electric
- Energy Source
- Electric
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.