Welcome to this well-maintained home with stunning water views! Situated on a 0.64-acre lot with two parcel numbers, it offers great potential for future development. The main and upper levels feature 3 bedrooms, a spacious living room, family room, and a large bonus room. Relax on the wraparound deck and enjoy breathtaking sunsets over the Sound. The finished basement generates $1,600/month in rental income—an ideal blend of lifestyle and passive income. Don’t miss this rare opportunity to own a water-view home with space, flexibility, and investment potential!
Active
Listed by:
Mengyang Lei,
Kelly Right RE of Seattle LLC
$1,150,000
31111 53 Avenue SW, Federal Way, WA 98023
4beds
4,550sqft
Est.:
Single Family Residence
Built in 1947
0.64 Acres Lot
$1,120,800 Zestimate®
$253/sqft
$-- HOA
What's special
- 64 days
- on Zillow |
- 857 |
- 34 |
Zillow last checked: 7 hours ago
Listing updated: July 17, 2025 at 01:31pm
Listed by:
Mengyang Lei,
Kelly Right RE of Seattle LLC
Source: NWMLS,MLS#: 2388457

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Bedroom
- Level: Lower
Bedroom
- Level: Main
Bathroom three quarter
- Level: Lower
Bathroom full
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Family room
- Level: Main
Great room
- Level: Main
Kitchen with eating space
- Level: Main
Heating
- Fireplace, 90%+ High Efficiency, Forced Air, Electric, Propane
Cooling
- Central Air
Appliances
- Included: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s)
Features
- Flooring: Vinyl, Carpet
- Windows: Double Pane/Storm Window
- Basement: Daylight,Finished
- Number of fireplaces: 2
- Fireplace features: Wood Burning, Lower Level: 1, Main Level: 1, Fireplace
Interior area
- Total structure area: 4,550
- Total interior livable area: 4,550 sqft
Property
Parking
- Total spaces: 6
- Parking features: Attached Carport, Attached Garage, RV Parking
- Attached garage spaces: 6
- Has carport: Yes
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Second Kitchen, Double Pane/Storm Window, Fireplace
Lot
- Size: 0.64 Acres
- Features: Corner Lot, Dead End Street, Paved, Cable TV, Deck, Outbuildings, Patio, RV Parking
Details
- Parcel number: 3210200082
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Cement/Concrete
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1947
- Major remodel year: 1947
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Subdivision: Dash Point
Location
- Region: Federal Way
Financial & listing details
- Price per square foot: $253/sqft
- Annual tax amount: $12,270
- Date on market: 5/4/2025
- Listing terms: Cash Out,Conventional
- Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s)
- Cumulative days on market: 97 days
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