3118 S 337th Street, Federal Way, WA 98001
Local realty services provided by:Knipe Realty ERA Powered
Listed by: eric plotnikov, edgar sarkisyan
Office: keller williams realty ps
MLS#:2569988
Source:NWMLS
3118 S 337th Street,Federal Way, WA 98001
$1,199,950
- 2 Beds
- 2 Baths
- 1,160 sq. ft.
- Single family
- Active
Upcoming open houses
- Sat, Aug 2212:00 pm - 02:00 pm
Price summary
- Price:$1,199,950
- Price per sq. ft.:$1,034.44
About this home
Exceptional North Lake waterfront opportunity! This unique offering includes three waterfront parcels totaling 31,319 SF, all sold together. The fully remodeled 2-bedroom, 1.75-bath home sits on one parcel with 60 feet of coveted lake frontage, while the two additional parcels provide approximately 45 feet of combined frontage and potential for future development, subject to buyer verification and applicable requirements. Enjoy waterfront living with serene lake views, fishing, boating, spectacular sunsets, and your own private dock. This desirable rambler features vaulted ceilings, a bright sunroom, private jacuzzi, custom-tiled bathrooms, durable laminate flooring, custom cabinetry, and new quartz countertops. The oversized heated two-car garage provides abundant space for vehicles, storage, lake toys, or a workshop. Previously operated as a successful Airbnb, the property offers exceptional flexibility as a primary residence, vacation home, or investment opportunity. Public sewer is located adjacent to all three parcels, offering potential flexibility for future development. Buyer to verify sewer availability, connection requirements, and development feasibility to their satisfaction. The existing home is currently served by septic. A rare opportunity to live, recreate, develop, or invest in a premier waterfront setting....
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Home facts
- Year built:1942
- Subdivision & Development:North Lake
- Listing ID #:2569988
- Updated:August 20, 2026 at 11:18 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:1
- Flooring:Ceramic Tile Floor, Laminate
- Kitchen Description:Dishwasher, Microwave, Refrigerator
- Bedroom Description:Main Level Bedrooms : 2
- Basement:Yes
- Living area:1,160 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1942
- Building area:1,160 sq. ft.
- Lot area:0.73 Acres
- Lot Features:Paved
- Construction Materials:Cement Planked
- Exterior Features:Dock, Fenced-Partially
- Foundation Description:None
- Levels:1 Story
Schools
- High school:Buyer To Verify
- Middle school:Buyer To Verify
- Elementary school:Buyer To Verify
Utilities
- Water:Public
- Sewer:Available, Septic Tank
Finances and disclosures
- Price:$1,199,950
- Price per sq. ft.:$1,034.44
- Tax amount:$5,919 (2026)
Features and amenities
- Appliances:Dishwasher, Refrigerator, Washer
- Laundry features:Dryer, Washer
- Amenities:Cable TV, Ceiling Fan(s), Dock, French Doors, Gas Available, Skylight(s), Vaulted Ceiling(s), Water Heater
Parking
- Total parking spaces:2
- Parking description:Attached Garage, Driveway, RV Parking
- Garage:Yes
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