Active
$1,025,000
4beds
3,300sqft
5118 SW 311 Place, Federal Way, WA 98023
4beds
3,300sqft
Single family residence
Built in 1972
0.36 Acres
3 Carport spaces
$311 price/sqft
What's special
Spacious view deckTimeless characterSolid bones
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, ...
- 2 days |
- 649 |
- 46 |
Source: NWMLS as distributed by MLS GRID,MLS#: 2515671
Travel times
Living Room
Kitchen
Dining Room
Zillow last checked: 7 hours ago
Listing updated: April 30, 2026 at 05:05am
Listed by:
Allison Pringle,
John L. Scott, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2515671
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 3
Primary bedroom
- Level: Second
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Bathroom full
- Level: Second
Entry hall
- Level: Main
Family room
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Lower
Heating
- Fireplace, Forced Air, Electric
Cooling
- Forced Air
Appliances
- Included: Dishwasher, Double Oven, Dryer, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Refrigerator(s), Washer(s), Water Heater: Electric, Water Heater Location: Basement
Features
- Pantry
- Flooring: Hardwood, Stone, Vinyl, Carpet
- Windows: Dbl Pane/Storm Window
- Basement: Daylight,Unfinished
- Number of fireplaces: 2
- Fireplace features: Wood Burning, Lower Level: 1, Main Level: 1, Fireplace
Interior area
- Total structure area: 3,300
- Total interior livable area: 3,300 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Attached Carport
- Carport spaces: 3
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Dbl Pane/Storm Window, Fireplace, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
Lot
- Size: 0.36 Acres
- Features: Paved, Sidewalk, Deck
- Residential vegetation: Brush
Details
- Parcel number: 3210200190
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 2 Stories w/Bsmnt
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1972
- Major remodel year: 1972
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: $311/sqft
- Tax assessed value: $810,000
- Annual tax amount: $3,753
- Date on market: 4/28/2026
- Cumulative days on market: 5 days
- Listing terms: Conventional,VA Loan
- Inclusions: Dishwasher(s), Double Oven, Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Price history
| Date | Event | Price |
|---|---|---|
| 4/30/2026 | Listed for sale | $1,025,000$311/sqft |
Source:  NWMLS as distributed by MLS GRID #2515671 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,031 -49.3% | $810,000 +10.7% |
| 2023 | $7,951 +3.2% | $732,000 -7.3% |
| 2022 | $7,702 +7.1% | $790,000 +23.4% |
| 2021 | $7,194 +9.9% | $640,000 +17.2% |
| 2020 | $6,544 +4.6% | $546,000 +3.6% |
| 2019 | $6,258 -1.8% | $527,000 -5.4% |
| 2018 | $6,373 -11.3% | $557,000 +9.6% |
| 2017 | $7,185 +24.4% | $508,000 +11.6% |
| 2016 | $5,777 | $455,000 +6.3% |
| 2015 | $5,777 | $428,000 +7% |
| 2014 | $5,777 | $400,000 +9.9% |
| 2013 | $5,777 | $364,000 +11% |
| 2012 | -- | $328,000 -6.3% |
| 2011 | -- | $350,000 -15.9% |
| 2010 | -- | $416,000 |
| 2009 | -- | $416,000 -10.7% |
| 2007 | -- | $466,000 +5.2% |
| 2006 | -- | $443,000 +11% |
| 2005 | -- | $399,000 +30.8% |
| 2001 | $4,038 +10.3% | $305,000 +14.7% |
| 2000 | $3,660 | $266,000 |
Find assessor info on the county website
Monthly payment
Est. payment
$5,719/mo
Principal & interest
$5019
Property taxes
$700
More affordability tools
Estimated market value
$995,600
$946,000 - $1.05M
$3,373/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.
Neighborhood: Twin Lakes
Nearby schools
GreatSchools rating
- 7/10Twin Lakes Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 4/10Lakota Middle SchoolGrades: 6-8Distance: 2 mi
- 3/10Decatur High SchoolGrades: 9-12Distance: 1.4 mi
- Washington
- King County
- Federal Way
- 98023
- Twin Lakes
- 5118 SW 311 Place