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Federal Way Waterfront Homes for Sale

Puget Sound shoreline, beach access and waterfront views worth exploring.

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Find Your Waterfront in Federal Way

Federal Way waterfront real estate offers saltwater settings with differing bluff heights, shoreline access and views. Compare waterfront homes and condos with attention to the land and access included in each property.

What to Compare in Federal Way

Confirm beach access, tideland details, shoreline improvements and maintenance obligations. A water view alone does not establish direct frontage or private beach rights.

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Newest Federal Way Waterfront Listings

Browse listings and recent market activity below. Use Dream Home Finder to tailor your search around shoreline access, home features and the waterfront setting you want.

Newest Federal Way Waterfront Listings

3118 S 337th Street, Federal Way
$1,149,998
2 Beds ⋅ 2 Baths ⋅ 2592597 MLS ⋅ ACTIVE Status
Situated on coveted North Lake waterfront, this rare offering includes 3 waterfront parcels totaling 31,319 SF, all sold together. The fully remodeled one-story, 2-bedroom, 1.75-bath rambler anchors the property, with over 82 feet of combined lake frontage across the 3 parcels. Enjoy it as one expansive waterfront retreat or explore the potential to build up to 2 additional homes. Inside, vaulted ceilings and a bright sunroom fill the home with natural light and frame spectacular lake views. The remodeled interior features custom cabinetry, quartz countertops, modern tiled bathrooms, a soaking tub, durable laminate flooring, and thoughtful updates throughout. Outside, a private dock and jacuzzi create an ideal setting for life on the water. Spend your days boating, paddleboarding, fishing, swimming, or relaxing along the shoreline, then take in spectacular North Lake sunsets. An oversized heated two-car garage offers generous space for vehicles, storage, lake toys, or a workshop. Previously operated as a successful Airbnb, the property offers flexibility as a primary residence, vacation retreat, or investment opportunity. Public sewer is located adjacent to all three parcels, while the existing home is currently served by septic. Buyer to verify sewer availability, connection requirements, and development feasibility. A rare opportunity to enjoy North Lake today with exciting possibilities for the future.

3118 S 337th Street, Federal Way

Listing Broker: eXp Realty; Ivan Grishko; 425-623-0363; ivan@grishkogroup.com

5112 SW 311th Place, Federal Way
$1,650,000
3 Beds ⋅ 3 Baths ⋅ 2580516 MLS ⋅ ACTIVE Status
Wake up to breathtaking panoramic views of Puget Sound, the Olympic Mountains, and unforgettable sunsets from this remarkably private Federal Way waterfront retreat. Set on approximately 1.5 acres with 125 feet of no-bank waterfront, this rare property offers the space, privacy, and direct beach access that are exceptionally difficult to find. The fully renovated custom home combines timeless Northwest character with modern comfort. Expansive windows frame the water views throughout the home, while the elegant sunken living room features gracious beamed ceilings and a dramatic fireplace. The refreshed kitchen offers Corian countertops and a cozy breakfast nook, while the spacious dining area is perfectly positioned for entertaining with the Sound as your backdrop. Multiple water-view decks and an expansive patio create seamless indoor-outdoor living—ideal for morning coffee, al fresco dining, entertaining, or simply enjoying spectacular Pacific Northwest sunsets. A separate 1200 square feet cottage provides flexible space for a home office, studio, guest retreat, or additional-purpose space. A peaceful wooded trail winds through the property to an enchanting sandy beach and waterfront cabana. At low tide, explore miles of shoreline directly from your own private waterfront setting. The property also benefits from a new septic system design and approval, with installation to be completed by the new owner. The separate cottage is 1200 square feet; buyers to verify.

5112 SW 311th Place, Federal Way

Listing Broker: WeLakeside; Mona Zhang; 612-453-9330; info@ubrpm.com

30706 19th Avenue S, Federal Way
$1,150,000
4 Beds ⋅ 4 Baths ⋅ 2572342 MLS ⋅ ACTIVE Status
Want to get away from all the hustle and bustle while keeping amenities within arm’s reach? This WATERFRONT RETREAT beckons you to make your great escape! Nestled on nearly half an acre along the shore of STEEL LAKE, it’s perfectly positioned to capture WATER VIEWS from all three levels. Step in to discover spacious interiors with all the right spaces to relax, entertain, play, and work from home. Elegant living and dining areas are perfect for parties, while a casual great room forms the heart of the home with its expanse of lake view windows. Gather around the cozy fireplace, open French doors for al fresco fun on the wrap-around deck, or prep your favorite meals in the open kitchen overlooking it all. More space and views await downstairs with a huge rec room opening to the patio and BEAUTIFULLY LANDSCAPED LAKESIDE LAWN beyond (ADU/MIL potential!). All four bedrooms are tucked upstairs together, including your dreamy primary suite with its own fireplace, private balcony, and jetted tub all looking out to the lake. Custom walk-in closet and heated floors in the primary bath, too! Thoughtful extras include skylights, a wired generator, central vacuum, low-maintenance Azek decking, in-ground sprinklers + OODLES OF STORAGE. Spend weekends watching for eagles and osprey while fishing (the lake is stocked!) free from the sound of high-speed motors. With such serenity, it’s easy to forget you’re JUST MINUTES AWAY FROM LIGHT RAIL, shopping, dining, schools and easy freeway access.

30706 19th Avenue S, Federal Way

Listing Broker: Windermere Mercer Island; Kathryn J. Buchanan; 206-227-2227; kabu@windermere.com

29903 Marine View Drive SW, Federal Way
$1,599,000
4 Beds ⋅ 3 Baths ⋅ 2567729 MLS ⋅ ACTIVE Status
Private Puget Sound waterfront estate with western sunsets, Olympic Mountain views and direct beach access — Close to Tacoma / convenient to Seattle. Discover your own 88 ft bulkhead and owned waterfront, a sandy beach and an expansive .65-acre setting along desirable Marine View Drive. This is the kind of waterfront property that is increasingly difficult to find—generous land, substantial shoreline, bulkhead and valuable tideland rights, all framed by captivating Puget Sound views and unforgettable sunsets. Live on one level, rent the lower. This home lives large. Enjoy the soothing sounds of the water and look for whales from almost every room of this house. It is a spacious 2,950 sq ft, 4-bedroom, 3-bath home. 3 bedrooms and 2 bathrooms on main allow for one level living . Main floor features include kitchen with breakfast nook, side access to fenced yard, dedicated dining room with spectacular views.Primary bedroom with water views, lower level features open and bright bonus room , super sized bedroom with more water views and an updated bathroom. Room for cars and a shop in the 560 ft 2 car garage. Step outside and experience what makes this property truly special: your own beach, 88 feet of shoreline, room to entertain, garden and enjoy life at the water's edge. Kayak from your backyard, gather around the beach at sunset, or simply watch the changing tides and marine activity from home.Enjoy the home and the sunny days on your WATERFRONT, BEACH and TIDELANDS.

29903 Marine View Drive SW, Federal Way

Listing Broker: RSVP Brokers ERA; Kathy Filbert; 206-940-3346; kathyfilbertkw@Gmail.com

33437 33rd Place S, Federal Way
$1,499,950
4 Beds ⋅ 3 Baths ⋅ 2566419 MLS ⋅ ACTIVE Status
Experience modern waterfront living in this fully custom 2024 masterpiece on North Lake. Offering 2,700 SF, 4 bedrooms, and 2.5 baths, this thoughtfully designed home showcases exceptional craftsmanship, timeless finishes, and a seamless blend of luxury and comfort. Soaring ceilings, walls of windows, and an open-concept design fill the home with natural light while creating inviting spaces for everyday living and entertaining. The chef's kitchen features premium appliances, a gas cooktop with pot filler, oversized island, walk-in pantry, and custom cabinetry, flowing effortlessly into the vaulted great room with a gas fireplace and expansive covered patio wired for a heater. The spa-inspired primary suite offers heated tile floors, a curbless shower, freestanding soaking tub, dual vanity, and a custom walk-in closet. Every detail was intentionally designed, including heated floors in all bathrooms and the laundry room, central vacuum in the home and garage, whole-house water filtration, hardwired driveway lighting, hot & cold exterior spigots, EV charger, backup generator wiring, sprinkler system, oversized garage, & a custom dog wash station. Step outside to your private waterfront dock and enjoy direct access to North Lake, perfect for paddleboarding, kayaking, fishing, or relaxing by the firepit at the water's edge. A rare opportunity to own a truly custom waterfront home where thoughtful design, premium amenities, and the lakefront lifestyle come together. Welcome home!

33437 33rd Place S, Federal Way

Listing Broker: John L. Scott, Inc; Denis Karnafel; 253-329-0520; denisk@johnlscott.com

30201 33rd Avenue SW, Federal Way
$1,499,000
4 Beds ⋅ 3 Baths ⋅ 2558768 MLS ⋅ ACTIVE Status
The Value of a Sunset. Come enjoy beach life at its finest here in the coveted Lakota neighborhood. This home has been completely renovated with custom touches and timeless style. This lives like a rambler with everything you need on the main level. The vaulted ceilings and wall of windows captivate waterfront dreams. This home has views of Maury Island, Olympics, stunning sunsets, Eagles and marine traffic. With hardwood floors and fir trim/doors throughout. Custom built-ins and gas fireplace are perfect for cozy nights with stunning views. The Primary Suite includes gorgeous views with slider access to deck, Ensuite bath, and washer/dryer in the walk-in closet. Open concept with kitchen, dining, and huge living room complete with wet bar/ice maker/wine fridge plus 1/2 bath and office/bedroom make entertaining a breeze. Downstairs offers two more bedrooms, full bath, family room and shop/storage. Outside the updates continue w/huge composite deck, built in Gas BBQ just perfect for hosting summer get togethers. Just down the stairs you’ll find a shaded beach hangout with composite deck and lock box for all your beach needs. Perfect for summer lunches and kayak launching. With tide rights you are all set for year around enjoyment in this close knit walkable community on the sound. New carpet installed October 2026. Call today for a private showing.

30201 33rd Avenue SW, Federal Way

Listing Broker: Better Properties Soundview; Shannon Killian; 425-395-6839; shannon@betterpropertiessoundview.com

3112 S 337th Street, Federal Way
$1,500,000
5 Beds ⋅ 3 Baths ⋅ 2534613 MLS ⋅ SOLD Status
Situated on coveted North Lake waterfront, this modern residence pairs striking architecture with a water-centered lifestyle. A dramatic entry welcomes you inside, where expansive sightlines frame lake views. Soaring ceilings and walls of glass fill the home with natural light, creating seamless indoor-outdoor living. Designed for entertaining, the main living area features a projector and large-screen TV. The open-concept plan centers on a chef’s kitchen with a statement hood, 48-inch range, custom cabinetry, oversized refrigerator and freezer, and walk-in pantry. Upstairs, the primary suite offers a tranquil water-view retreat with a walk-in closet and spa-inspired bath featuring a soaking tub, oversized shower, and illuminated vanity. Four additional bedrooms provide flexibility for living, guests, or office use. Secondary bathroom includes a jetted Jacuzzi tub and integrated Fire TV. Outside, the waterfront deck with automated louvered pergola, lighting, and heaters is complemented by a hot tub, sauna, cold plunge, fire pit, and paths to the shoreline. The private beachfront supports kayaking, paddleboarding, fishing, or mooring a pontoon boat for sunset cruises. Modern comforts include A/C, EV charging, smart entry gate, security system, central vacuum, built-in closets, and an oversized garage. Tucked on a quiet dead-end street with easy access to shopping, recreation, I-5, and SR 18, this is a rare opportunity for elevated North Lake waterfront living.

3112 S 337th Street, Federal Way

Listing Broker: eXp Realty; Ivan Grishko; ; Selling Office: eXp Realty.

2605 S 304th Street, Federal Way
$925,000
2 Beds ⋅ 3 Baths ⋅ 2522215 MLS ⋅ SOLD Status
Wake up to panoramic lake views and end your day with stunning sunset hues in this beautiful 2 bedroom, 1.75 bath waterfront home on desirable Steel Lake! Nestled in the heart of Federal Way, this inviting property offers the perfect blend of comfort, tranquility, and waterfront living. Located on over a third of an acre, this property also features a huge 1470 sq ft combined garage, shop, and living or work space. The large living space attached to the garage includes a three quarter bath and an easily finished kitchen that could make an incredible rental. Offset your mortgage with onsite income! The home enjoys light-filled living spaces, an open layout, and serene lake views from the main living areas. The open kitchen layout makes entertaining a breeze as it is open to the living room and just steps from the large, lake facing deck. The spacious primary suite features a private bath with a separate shower and bath and a large walk-in closet. The 2nd bedroom has built-in storage and is conveniently located across from the 2nd bathroom with its large walk-in shower. Step outside to relax on the large deck, just a few steps to the largest dock on Steel Lake, or on one of two spacious lawns! Kayak, paddle board, canoe or fish right outside your door! Second deck with firepit is lakeside for evening rest and relaxation. Conveniently located near parks, shopping, dining, and commuter routes, this rare lakeside opportunity combines peaceful living with everyday convenience.

2605 S 304th Street, Federal Way

Listing Broker: PRO RLTYSRVCS Eastside; Toni Murray; ; Selling Office: Windermere Bellevue Commons.

3718 S 334th Street, Federal Way
$1,740,000
3 Beds ⋅ 3 Baths ⋅ 2520991 MLS ⋅ SOLD Status
A truly exceptional lakefront estate offering desirable single-level living, understated luxury, gated & secure entry, and remarkable privacy on approx. two acres with 147 feet of shoreline. The property feels incredibly secluded, with tree-lined lake views and no homes visible across the lake. Just minutes from shopping, dining, major highways, and the new light rail station. Designed for everyday living, the home features vaulted ceilings, exposed beams, hardwood floors, and picture windows framing lake and tree-lined views. Warm materials and quality craftsmanship create an inviting atmosphere. The kitchen with island and breakfast bar opens to generous living spaces, while a wood-burning stove and striking rock fireplace wall add warmth and character. The primary suite offers lake views, a walk-in closet, soaking tub, walk-in shower, and separate baths. Two additional bedrooms, an oversized utility/mud room, and ample storage. Enjoy year-round outdoor living with a covered entertaining area and gas fireplace. The grounds include lake access with kayak/paddleboard launch, grandfathered lake-fed irrigation that helps reduce seasonal water costs, gated entry, private drive, Virginia slate roof with copper detailing, and five outbuildings, including two garage structures. Possible lot division may allow two additional street-facing parcels without losing privacy (buyer to verify). A rare opportunity to own one of the area’s most secluded and unique waterfront estates.

3718 S 334th Street, Federal Way

Listing Broker: Coldwell Banker Danforth; Gina Lane; ; Selling Office: Keller Williams Realty PS.

3140 SW 302nd Place, Federal Way
$1,800,000
4 Beds ⋅ 3 Baths ⋅ 2517403 MLS ⋅ SOLD Status
Imagine a rare opportunity to own a once-in-a-lifetime waterfront retreat—this extraordinary legacy estate is set on a .79 acre property where privacy, tranquility, and natural beauty converge. Featuring 90 feet of pristine saltwater frontage with desirable tideland rights, the property includes a bulkhead with steps leading down to a sandy beach, ideal for shoreline exploration, relaxing by the water, and enjoying the ever-changing marine landscape. With coveted westerly exposure, the home captures sweeping, unobstructed views of Puget Sound, Maury Island, and the Olympic Mountains, showcasing passing boats, wildlife, and unforgettable sunsets. A custom glass-covered entry arbor welcomes you into an open-concept interior, designed to maximize natural light and showcase the views. The chef’s kitchen features distinctive high-end finishes, including premium appliances, custom cabinetry, and slab granite counters. The expansive living areas include beautiful Carlisle soft pine floors, triple-pane tinted windows, electric blinds, gas fireplaces, and a heat pump for year-round comfort. A full-width view deck with stainless steel railings includes a covered, heated entertaining area. The lower level provides flexible space for guest quarters or a potential MIL suite. Tucked at the end of a private drive, the setting is peaceful and secluded, surrounded by lush, professionally landscaped grounds with automatic sprinklers. Don't miss this exceptional waterfront offering.

3140 SW 302nd Place, Federal Way

Listing Broker: Better Properties Soundview; Kim Hall; ; Selling Office: John L. Scott, Inc..

306 SW 292nd Street, Federal Way
$1,295,000
2 Beds ⋅ 3 Baths ⋅ 2504293 MLS ⋅ SOLD Status
Industrial sophistication meets California–coastal ease w/ this striking low-bank Redondo waterfront home. Architecturally reimagined for clean aesthetics & everyday practicality, the interior—evocative of Olson Kundig—pairs steel, concrete, wood & glass to blend quiet drama w/ relaxed comfort: a true Pacific Northwest retreat. Generously scaled, open rooms, vaulted ceilings, & a custom staircase create an ideal fusion of urban edge & sea rejuvenation. Step out to layered decks & patios to breathe in the salt air & listen to gentle waves roll across your private shoreline—a seamless indoor–outdoor connection. The upper level unfolds as a playful, private primary loft suite, offering treehouse-like serenity & comfort. Exceptionally versatile, the home can live as one residence or two, w/ the lower-level functioning as separate MIL quarters & potential short-term/income-producing rental. Outside, the grounds cascade to the water’s edge in layered gardens & intimate sanctuaries. A concrete pad at the shoreline is perfect for launching kayaks & paddleboards; anchor your boat before you & explore the islands across the bay. From beach walks to sunset paddles, Puget Sound is truly your backyard playground. Conveniently located, the property offers easy access to Light Rail, public transit to downtown Seattle, major freeways, & Sea-Tac International Airport. Whether a weekend pied-à-terre or primary residence, this home delivers a rare blend of design, lifestyle, & flexibility.

306 SW 292nd Street, Federal Way

Listing Broker: Windermere RE Magnolia; Veronique Hval; ; Selling Office: Windermere Real Estate/East.

1006 S 312th Street Unit #211, Federal Way
$395,000
3 Beds ⋅ 2 Baths ⋅ 2487114 MLS ⋅ SOLD Status
You will LOVE the lake views! Welcome to this move-in ready ground-floor condo in Lakeside Village. This beautifully maintained and thoughtfully updated 3-bedroom, 2-bath home offers an abundance of natural light, updated flooring, and brand new carpet throughout. The spacious living area features a cozy wood burning fireplace and flows seamlessly into an open concept dedicated dining space and a well-appointed kitchen with ample storage and functionality — perfect for everyday living and entertaining. Kitchen has a reverse osmosis water filtration system! Step outside to a large patio with direct lake access and open green space, creating an ideal setting for relaxing or hosting guests. The primary suite includes an en-suite bathroom, walk-in closet, and a large sliding glass door that opens to an additional private patio. Imagine starting your mornings with coffee while enjoying peaceful lake views right outside your door. Additional features include: HOA covers water, sewer, garbage, lawn care and property maintenance. Community pool, Clubhouse, sport court, Assigned carport, Storage unit, Multiple visitor parking spaces. Located on a quiet end street within a beautifully landscaped community, this home offers comfort, convenience, and scenic surroundings. Minutes away from Commons Mall and surrounding shopping centers. Hidden gem! A must-see!

1006 S 312th Street Unit #211, Federal Way

Listing Broker: Skyline Properties, Inc.; Barbara Prescott; ; Selling Office: Engel & Voelkers Seattle DT.

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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.
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