31111 53 Avenue SW Federal Way WA 98023 MLS #NWM2388457
31111 53 Avenue SW
Federal Way, WA, 98023
$1,150,000
Listing Provided Courtesy of Kelly Right RE of Seattle LLCWelcome 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!
Current real estate data for Single Family in Federal Way as of Sep 10, 2025
198
Single Family Listed
70
Avg DOM
343
Avg $ / SqFt
$740,963
Avg List Price
Property Details
Price:
$1,150,000
MLS #:
NWM2388457
Status:
Active
Beds:
4
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Dash Point
Neighborhood:
110 – Dash Point/Federal Way
Listed Date:
Jun 5, 2025
Finished Sq Ft:
4,550
Total Sq Ft:
4,550
Lot Size:
27,920 sqft / 0.64 acres (approx)
Year Built:
1947
Schools
School District:
Federal Way
Interior
Appliances
Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s)
Bathrooms
2 Full Bathrooms, 1 Three Quarter Bathroom
Cooling
Central A/ C
Fireplaces Total
2
Flooring
Vinyl, Carpet
Heating
90%+ High Efficiency, Forced Air
Exterior
Construction Materials
Concrete
Exterior Features
Cement/ Concrete
Parking Features
Attached Carport, Attached Garage, R V Parking
Parking Spots
6
Roof
Composition
Financial
Tax Year
2025
Taxes
$12,270
Map
Contact Us
Mortgage Calculator
Community
- Address31111 53 Avenue SW Federal Way WA
- SubdivisionDash Point
- CityFederal Way
- CountyKing
- Zip Code98023
Property Summary
- Located in the Dash Point subdivision, 31111 53 Avenue SW Federal Way WA is a Single Family for sale in Federal Way, WA, 98023. It is listed for $1,150,000 and features 4 beds, 3 baths, and has approximately 4,550 square feet of living space, and was originally constructed in 1947. The current price per square foot is $253. The average price per square foot for Single Family listings in Federal Way is $343. The average listing price for Single Family in Federal Way is $740,963. To schedule a showing of MLS#nwm2388457 at 31111 53 Avenue SW in Federal Way, WA, contact your HomeSmart One Realty agent at 425-218-4178.
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Listing courtesy of Kelly Right RE of Seattle LLCThe database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. This site was last updated Sep-09-2025 11:23:13 pm. © 2025 NWMLS.
31111 53 Avenue SW
Federal Way, WA