5112 SW 311th Place Federal Way, WA $ 1,650,000
5112 SW 311th Place
$ 1,650,000
Recently Listed
Open House 9/13 1pm - 3pm
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5112 SW 311th Place

Federal Way, WA, 98023
$ 1,650,000
Bedrooms3 Baths2.1 Sq 2,640

Monthly Estimate*

$ 10,418

Listed by WeLakeside
5112 SW 311th Place, Federal Way, WA 98023 - Image 1
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Single Family Home for sale in Federal Way, WA

for $1,650,000 with 3 bedrooms and 2 full baths, 1 half bath. This 2,640 square foot home was built in 1973 on a lot size of 1.5743.

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.

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Open House

9/13/2026 1:00 PM - 3:00 PM
5112 SW 311th Place Federal Way, WA
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Single Family Active

Price

$ 1,650,000

Bedrooms

3

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 17,598

Style

2 Story

Lot Size

1.5743

Year Built

1973

Town/City

Federal Way

County/Region

King

MLS | Web ID

2580516

Features
General
Living Area 2640
Sewer Septic Tank
Heating Forced Air
Cooling Forced Air
Possession Closing
Roof Composition
Appliances Dishwasher Disposal Double Oven Dryer Refrigerator Washer
HOA Fee 0
Year Built 1973
View Mountains Ocean Sea Territorial
Topography Terraces
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features High Bank
County King
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name Federal Way
Facing Direction Northwest
Garage Y/N Y
Full Baths 1
Special Listing Conditions None
Status Active
Directions From Dash Point Rd head north down 51st Ave SW. Cross 311th Pl & go down driveway. If gate is close open it & park by garage.
High School Decatur High
City Federal Way
Entry Location Main
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 68577
Carport Y/N N
Listing Terms Cash Conventional FHA USDA Loan VA Loan
Elementary School Twin Lakes Elem
Land Lease Y/N N
Tax Annual Amount 17598
Middle/Junior High School Lakota Mid Sch
Public Remarks 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
Structure Type House
Building Area Units Square Feet
Standard Status Active
Water Company Tacoma Public Utilities
Total Actual Rent 7000
Property Style 12 - 2 Story
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Interior
Interior Amenities Fireplace Walk-In Closet(s) Water Heater
Basement None
Flooring Ceramic Tile Vinyl Carpet
Total Fireplaces 1
Fireplace Features Electric
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Half Baths 1
3/4 Baths 1
Total Bedrooms 3
Main Level Bedrooms 0
Total Baths 3
Bedrooms Possible 4
Water Heater Type Electronic
Water Heater Location Garage
Fireplaces Main 1
Power Production Type Electric
Baths Three Quarter Garage 0
Baths Three Quarter Lower 0
Baths Three Quarter Main 0
Baths Three Quarter Upper 1
Bedrooms Lower 0
Bedrooms Upper 3
Baths Half Upper 0
Baths Half Main 1
Baths Half Lower 0
Baths Half Garage 0
Baths Full Upper 1
Baths Full Main 0
Baths Full Lower 0
Baths Full Garage 0
Bathrooms 2.25
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Exterior
Exterior Amenities Wood
Vegetation Brush Wooded
Parking Features Detached Garage
Lot Features Cul-De-Sac Paved Value In Land
Water Source Public
Total Parking 4
Inclusions Dishwasher(s) Double Oven Dryer(s) Garbage Disposal Refrigerator(s) Washer(s)
Foundation Details Concrete Ribbon Poured Concrete
Building Area Total 2640
Lot Dimensions 68577
Lot Size Acres 1.5743
Waterfront Y/N Y
Covered Spaces 2
Irrigation Water Rights Y/N N
Waterfront Footage 145
Parking Uncovered Total 2
Lot Number 3210200205
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Internal Only
OriginalMLSID NWM2580516
Street Number 1 5112
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* Excluded Features
List By
Mona Zhang

Listing Agent

Welakeside

Broker

Affordability Calculator

$11,885
Per Month
88%
12%
0%
Monthly Principal & Interest
$10,418
Monthly Property Taxes
$1,467
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
257976 Elementary School
258351 Middle School
Decatur High High School
Pricing History
DatePricePrice ChangeDescription
9/10/2026$1,650,000 Listed Price

Map


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5112 SW 311th Place, Federal Way, WA, 98023 is a Single Family Home for sale at $1,650,000 with 2,640 sqft and a lot size of 1.5743. 5112 SW 311th Place has 3 bedrooms, 2.1 baths, and was built in 1973. The property's zip code is 98023 which is in Federal Way, WA