5112 SW 311th Street Federal Way WA 98023 MLS #NWM2435524

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Listing Provided Courtesy of LPT Realty LLC
Discover a rare, secluded urban retreat on 1.5 acres with 125 feet of private no-bank waterfront. Enjoy panoramic Puget Sound, mountain, and sunset views from multiple expansive decks. This custom home features sunken living and dining rooms with beamed ceilings and a stunning fireplace. Recently upgraded with new plumbing, electrical, bathrooms, and kitchen. A separate cottage provides flexible space for guests or an office. A scenic trail leads to a sandy beach and cabana, perfect for strolls at low tide.
Current real estate data for Single Family in Federal Way as of Sep 27, 2025
202
Single Family Listed
75
Avg DOM
346
Avg $ / SqFt
$738,958
Avg List Price

Property Details

Price:
$1,600,000
MLS #:
NWM2435524
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Dash Point
Neighborhood:
110dashpointfederalway
Listed Date:
Sep 18, 2025
Finished Sq Ft:
2,640
Total Sq Ft:
2,640
Lot Size:
68,577 sqft / 1.57 acres (approx)
Year Built:
1973
Waterfront110 – Dash Point/federal Way110dashpointfederalwayDash PointFederal WayTwin Lakes ElemLakota Mid SchDecatur High

Schools

School District:
Federal Way
Elementary School:
Twin Lakes Elem
Middle School:
Lakota Mid Sch
High School:
Decatur High

Interior

Appliances
Dishwasher(s), Disposal, Dryer(s), Stove(s)/Range(s), Washer(s)
Bathrooms
1 Full Bathroom, 1 Three Quarter Bathroom
Cooling
Forced Air
Fireplaces Total
2
Flooring
Ceramic Tile, Laminate
Heating
Forced Air

Exterior

Construction Materials
Wood
Exterior Features
Wood
Parking Features
Attached Garage
Parking Spots
2
Roof
Composition

Financial

Tax Year
2024
Taxes
$15,604

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Community

Property Summary

    Located in the Dash Point subdivision, 5112 SW 311th Street Federal Way WA is a Single Family for sale in Federal Way, WA, 98023. It is listed for $1,600,000 and features 3 beds, 2 baths, and has approximately 2,640 square feet of living space, and was originally constructed in 1973. The current price per square foot is $606. The average price per square foot for Single Family listings in Federal Way is $346. The average listing price for Single Family in Federal Way is $738,958. To schedule a showing of MLS#nwm2435524 at 5112 SW 311th Street in Federal Way, WA, contact your HomeSmart One Realty agent at 425-218-4178.

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