Lakefront living on nearly an acre! Offered for the first time ever, this generational waterfront estate presents a rare opportunity to create lasting memories in a true legacy property, featuring 60 feet of waterfront, two private docks, a manicured yard, an newer built-in BBQ, - The backyard oasis everyone wants in the PNW, but can rarely find. A home that has pride of ownership on the interior and exterior - New paint, new roof, new fence, sprinkler system.. This cozy 4-bedroom, 3-bath home offers a spacious main-level kitchen with an eat-in bar and adjoining dining area that overlooks the lake. The main floor features two bedrooms, including a spacious primary suite with an updated full bath, an additional ¾ bath, and a comfortable living room with oversized windows designed to take full advantage of expansive lake views. Downstairs features a fourth bedroom, an additional ¾ bath, an enormous game room perfect for storing lake toys and hosting gatherings, plus a dedicated workshop area. Located on the most desirable part of the lake, with stunning sunsets and preferable access to the water. Welcome to your lake front dream home!
Pending
Listed by: Redfin
$925,000
2207 S 304th Street, Federal Way, WA 98003
4beds
2,720sqft
Single Family Residence
Built in 1936
0.94 Acres Lot
$927,700 Zestimate®
$340/sqft
$-- HOA
What's special
Manicured yardSpacious main-level kitchenDedicated workshop areaTwo private docksNewer built-in bbqEat-in bar
- 47 days |
- 54 |
- 3 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Offers reviewed: May 18
Listed by:
Moises E. Juarez,
Redfin
Source: NWMLS as distributed by MLS GRID,MLS#: 2518402
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Lower
Bathroom full
- Level: Main
Bathroom three quarter
- Level: Main
Bathroom three quarter
- Level: Lower
Other
- Level: Lower
Dining room
- Level: Main
Entry hall
- Level: Main
Family room
- Level: Lower
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Rec room
- Level: Lower
Utility room
- Level: Main
Heating
- Fireplace, Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Dishwasher, Microwave, Refrigerator, Stove(s)/Range(s), Dishwasher(s), Microwave(s), Refrigerator(s), Water Heater: Gas direct vent
Features
- Bath Off Primary, Ceiling Fan(s), Dining Room
- Flooring: Ceramic Tile, Concrete, Laminate, Vinyl, Carpet
- Windows: Dbl Pane/Storm Window, Skylight(s)
- Basement: Finished
- Number of fireplaces: 2
- Fireplace features: Gas, Lower Level: 1, Main Level: 1, Fireplace
Interior area
- Total structure area: 2,720
- Total interior livable area: 2,720 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Attached Garage, RV Parking
- Has attached garage: Yes
- Covered spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, Jetted Tub, Skylight(s), Water Heater
- Spa features: Bath
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: No Bank
- Frontage length: Waterfront Ft: 60
Lot
- Size: 0.94 Acres
- Features: Paved, Cable TV, Deck, Dock, Fenced-Partially, High Speed Internet, Outbuildings, Outdoor Fireplace, Patio, RV Parking, Shop, Sprinkler System
- Topography: Level,Partial Slope
- Residential vegetation: Garden Space
Details
- Parcel number: 0537000100
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story w/Bsmnt.
- Property subtype: Single Family Residence
Materials
- Brick, Wood Siding
- Foundation: Block, Poured Concrete
- Roof: Composition
Condition
- Year built: 1936
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: Lakehaven
- Water: Public, Company: Lakehaven
- Utilities for property: Xfinity, Xfinity
Community & HOA
Community
- Features: Boat Launch, Park, Playground
- Subdivision: Steel Lake
Location
- Region: Federal Way
Financial & listing details
- Price per square foot: $340/sqft
- Tax assessed value: $618,000
- Annual tax amount: $4,916
- Offers reviewed: 05/18/2026
- Date on market: 5/13/2026
- Cumulative days on market: 48 days
- Listing terms: Conventional,FHA,VA Loan
- Inclusions: Dishwasher(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s)
Estimated market value
$927,700
$881,000 - $974,000
$3,985/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/19/2026 | Pending sale | $925,000$340/sqft |
Source:  NWMLS as distributed by MLS GRID #2518402 Report a problem | ||
| 5/13/2026 | Listed for sale | $925,000$340/sqft |
Source: NWMLS as distributed by MLS GRID #2518402 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,316 +28.5% | $618,000 +27.7% |
| 2024 | $4,916 +6% | $484,000 +15.5% |
| 2023 | $4,638 -33.1% | $419,000 -40.9% |
| 2022 | $6,932 +12.9% | $709,000 +30.3% |
| 2021 | $6,141 +9.5% | $544,000 +16.7% |
| 2020 | $5,609 +5.3% | $466,000 +4.3% |
| 2019 | $5,325 +0.4% | $447,000 -3.2% |
| 2018 | $5,305 -10.1% | $462,000 +11.1% |
| 2017 | $5,903 +22.7% | $416,000 +8.6% |
| 2016 | $4,812 | $383,000 +1.6% |
| 2015 | $4,812 | $377,000 +13.6% |
| 2014 | $4,812 | $332,000 +18.6% |
| 2013 | $4,812 | $280,000 +4.9% |
| 2012 | -- | $267,000 -7% |
| 2011 | -- | $287,000 -20.5% |
| 2010 | -- | $361,000 |
| 2009 | -- | $361,000 +13.5% |
| 2007 | -- | $318,000 |
| 2006 | -- | $318,000 +3.2% |
| 2005 | -- | $308,000 +28.9% |
| 2001 | $3,180 +2.3% | $239,000 +6.2% |
| 2000 | $3,108 | $225,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Steel Lake
Getting around
41 / 100
Some TransitNearby schools
GreatSchools rating
- 5/10Wildwood Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 5/10Sacajawea Middle SchoolGrades: 6-8Distance: 0.7 mi
- 3/10Federal Way Senior High SchoolGrades: 9-12Distance: 0.5 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Washington
- King County
- Federal Way
- 98003
- Steel Lake
- 2207 S 304th Street
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Nearby neighborhoods
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