2605 S 304th Street Federal Way, WA $ 925,000
2605 S 304th Street
$ 925,000
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2605 S 304th Street

Federal Way, WA, 98003
$ 925,000
Bedrooms2 Baths3.0 Sq 2,240

Monthly Estimate*

$ 5,841

Listed by PRO RLTYSRVCS Eastside
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Single Family Home for sale in Federal Way, WA

for $925,000 with 2 bedrooms and 3 full baths. This 2,240 square foot home was built in 1957 on a lot size of 0.3939.

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.

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Single Family Pending

Price

$ 925,000

Bedrooms

2

Full Bath

3

Property Type

Single Family

Taxes

$ 8,297

Style

1 Story

Lot Size

0.3939

Year Built

1957

Town/City

Federal Way

County/Region

King

MLS | Web ID

2522215

Features
General
Living Area 2240
Sewer Sewer Connected
Heating Wall Furnace
Cooling None
Possession Closing
Roof Torch Down
Appliances Dishwasher Microwave Refrigerator Stove(s)/Range(s)
HOA Fee 0
Security Features Security System
Year Built 1957
View Lake Territorial
Topography Partial Slope
Levels One
Property Subtype Single Family Residence
Tax Year 2026
Waterfront Features Low Bank Lake
Community Features Park
County King
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name Steel Lake
Garage Y/N Y
Full Baths 1
Special Listing Conditions None
Status Pending
Directions From I-5 take exit 147 for 272nd St. Turn left onto 272nd. Right onto Military Rd S. At the traffic circle continue straight onto Military Rd. Right onto 304th St. Home on the left.
High School Federal Way Snr High
City Federal Way
Senior Community Y/N N
High School District Federal Way
MLS Area 110 - Dash Point/Federal Way
Lot Size Units Square Feet
Lot Size Square Feet 17159
Carport Y/N N
Listing Terms Cash Conventional FHA VA Loan
Elementary School Wildwood Elem
Land Lease Y/N N
Tax Annual Amount 8297.55
Middle/Junior High School Sacajawea Jnr High
Public Remarks 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 invi
Structure Type House
Building Area Units Square Feet
Standard Status Pending
Water Company Lakehaven
Property Style 10 - 1 Story
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Interior
Interior Amenities Bath Off Primary Ceiling Fan(s) Dbl Pane/Storm Window Fireplace Security System Skylight(s) Sprinkler System Walk-In Closet(s) Water Heater
Flooring Ceramic Tile Hardwood
Total Fireplaces 1
Fireplace Features Wood Burning
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N Y
Half Baths 0
3/4 Baths 2
Total Bedrooms 2
Main Level Bedrooms 2
Total Baths 3
Water Heater Type Electric
Water Heater Location Laundry Room
Fireplaces Main 1
Power Production Type Electric
Baths Three Quarter Garage 1
Baths Three Quarter Lower 0
Baths Three Quarter Main 1
Baths Three Quarter Upper 0
Bedrooms Lower 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Half Main 0
Baths Half Lower 0
Baths Half Garage 0
Baths Full Upper 0
Baths Full Main 1
Baths Full Lower 0
Baths Full Garage 0
Bathrooms 2.5
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Exterior
Exterior Amenities Wood Wood Products
Vegetation Garden Space
Parking Features Detached Garage
Lot Features Open Space Paved
Water Source Public
Total Parking 6
Inclusions Dishwasher(s) Microwave(s) Refrigerator(s) Stove(s)/Range(s)
Foundation Details Poured Concrete
Building Area Total 2240
Lot Size Acres 0.3939
Waterfront Y/N Y
Covered Spaces 3
Irrigation Water Rights Y/N N
Waterfront Footage 50
Site Features Cable TV Deck Dock High Speed Internet Shop Sprinkler System
Parking Uncovered Total 3
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Internal Only
OriginalMLSID NWM2522215
Street Number 1 2605
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* Excluded Features
List By
Toni Murray

Listing Agent

Pro Rltysrvcs Eastside

Broker

Affordability Calculator

$6,532
Per Month
89%
11%
0%
Monthly Principal & Interest
$5,841
Monthly Property Taxes
$691
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5461781 Elementary School
257143 Middle School
Federal Way Snr High High School
Pricing History
DatePricePrice ChangeDescription
6/1/2026$925,000 -3.65% Price Down
5/22/2026$960,000 -2.54% Price Down
5/14/2026$985,000 Listed Price

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2605 S 304th Street, Federal Way, WA, 98003 is a Single Family Home for sale at $925,000 with 2,240 sqft and a lot size of 0.3939. 2605 S 304th Street has 2 bedrooms, 3.0 baths, and was built in 1957. The property's zip code is 98003 which is in Federal Way, WA