31111 53 Avenue SW Federal Way, WA 98023

$1,150,000
4
Beds
2
Baths
0.64
Acres
4,550
SQFT
253
$/SQFT
$1,150,000
4
Beds
2
Baths
4,550   sf
$253 / sf
Favorite

active
1/40
Street View

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!

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!

  • Neighborhood
  • Type
  • Total Baths
  • County
    King
  • Area
    110 - Dash Point/Federal Way
  • Tax Amount
    $12,270
  • Status
    Active
  • Listing #
    2388457
  • Built
    1947
  • Lot Size
    0.64
  • Listed on site
    42 days

Listed by:
Kelly Right RE of Seattle LLC

Listing information © 2023 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by LaVerne Pike - Windermere Real Estate - and should be verified by the buyer. 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 Laverne Pike - Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2025-07-18 11:28:42. DMCA
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Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • Corner Lot

Exterior features

  • Has garage
  • No Pool
  • Basement

Interior Features

  • Fire Place
  • Master Downstairs
  • Washer Dryer In Unit
  • Basement Finished
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