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Listing Firm: Kelly Right RE of Seattle LLC: Dream Lei

Active
NWMLS # 2388457

$1,150,000

  • 4 Beds
  • 2 Baths
  • 4550 Sq.ft.

31111 53 Avenue SW, Federal Way, WA 98023

Listings with the three tree icon are courtesy of NWMLS

About This Property

Welcome 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!

Aris360 Last Checked: 12 Minutes Ago (Jun 06, 2025 05:15 PM)

  • Source: NWMLS as Distributed by MLS Grid #2388457

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: 53
  • Zip/Postal Code: 98023
  • City: Federal Way

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$3,847 per month
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Property Features

  • County
    • Dash Point
  • Community
    • 110 - Dash Point/Federal Way
  • MLS Area
    • 110 - Dash Point/Federal Way
  • Longitude
    • -122.401228
  • Latitude
    • 47.321542
  • Directions
    • GPS works fine.

  • Interior
    • Double Pane/Storm Window
    • Fireplace
  • Floors
    • Vinyl
    • Carpet
  • Power Production Type
    • Electric
    • Propane
  • Full Baths
    • 2
  • Has Fireplace
    • Yes
  • Number of Fireplaces
    • 2
  • Basement Description
    • Daylight,
    • Finished,
  • Fireplace Description
    • Wood Burning
  • Entry
    • Main
  • Appliances
    • Dishwasher(s)
    • Dryer(s)
    • Microwave(s)
    • Refrigerator(s)
    • Washer(s)

  • Style
    • 18 - 2 Stories w/Bsmnt
  • Garage Spaces
    • 6
  • Parking Spaces
    • 6
  • Lot Description
    • Corner Lot,
    • Dead End Street,
    • Paved,
  • Foundation
    • Poured Concrete,
  • Elevation
    • Feet
  • Water Source
    • Public,
  • Exterior
    • Cement/Concrete
  • Site Description
    • Cable TV,Deck,Outbuildings,Patio,RV Parking
  • Roof
    • Composition,
  • Septic or Sewer
    • Septic Tank,
  • Lot Size in Acres

    • 1

  • Covered Spaces
    • 6
  • Buildings
    • Built On Lot
  • Building Total Area (Sq. Ft.)
    • 27920
  • Parking Description
    • Attached Carport,
    • Attached Garage,
    • RV Parking,
  • Has Garage
    • Yes

  • Inclusions
    • Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Washer(s)

  • High School District
    • Federal Way

  • Possession
    • Closing,
  • Property Type
    • Residential
  • Property SubType
    • Single Family Residence
  • Tax Year
    • 2025
  • Structure Type
    • Single Family,
  • Tax Amount
    • $12270
  • Year Built
    • 1947
  • Effective Year Built
    • 1947
  • Status
    • Active

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Disclaimer: Based on information submitted to the MLS GRID as of Fri Jun 06 2025 . 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.

Jun 06, 2025 05:15 PM