UNMATCHED WATERFRONT LIVING ON STEEL LAKE—PANORAMIC VIEWS AND STUNNING WEST-FACING SUNSETS DEFINE THIS RARE OFFERING. With 45 feet of no-bank waterfront, this exceptional 3-bedroom, 3-bath home delivers front-row access to shimmering lake vistas, best enjoyed from expansive entertainer’s decks designed for seamless indoor-outdoor living. Vaulted ceilings and three fireplaces create a warm yet dramatic atmosphere throughout.Wake up to tranquil water views and a vibrant natural setting, where osprey, bald eagles, chickadees, turtles, and ducks are part of everyday life. Spend your days immersed in lake living—swimming, fishing, kayaking, paddleboarding, and evening boat rides under glowing sunsets, plus unforgettable 4th of July fireworks and festive Christmas boat parades. The beautifully landscaped grounds create a true gardener’s paradise, offering both serenity and space to entertain. Thoughtful updates include a newer roof (2022) and A/C for year-round comfort. A versatile layout adds incredible value, with a lower level featuring its own entrance, living room, washer/dryer, kitchenette, and full bath—ideal for Airbnb or multi-generational living while you enjoy the main home above. Complete with a circular driveway and a prime location just minutes to light rail, freeways, and everyday amenities, this is a rare opportunity to own a premier waterfront retreat. Must see—where every day feels like a private lakeside getaway. Don't miss out to call it your forever HOME!
Active
Listed by: eXp Realty • Aleksandr Frankov
$949,999
30415 28th Avenue S, Federal Way, WA 98003
3beds
2,220sqft
Single Family Residence
Built in 1956
0.27 Acres Lot
$928,600 Zestimate®
$428/sqft
$-- HOA
What's special
Tranquil water viewsThree fireplacesStunning west-facing sunsetsPanoramic viewsCircular drivewayBeautifully landscaped groundsVaulted ceilings
- 19 days |
- 1,021 |
- 73 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Aleksandr Frankov,
eXp Realty
Source: NWMLS as distributed by MLS GRID,MLS#: 2565437
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 2
Bedroom
- Level: Lower
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Lower
Bathroom full
- Level: Main
Other
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Family room
- Level: Lower
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Fireplace, Forced Air, Natural Gas
Cooling
- Has cooling: Yes
Appliances
- Included: Dishwasher, Refrigerator, Stove(s)/Range(s), Dishwasher(s), Refrigerator(s)
Features
- Dining Room
- Flooring: Laminate, Carpet
- Windows: Dbl Pane/Storm Window
- Basement: Daylight
- Number of fireplaces: 3
- Fireplace features: Gas, Lower Level: 1, Main Level: 2, Fireplace
Interior area
- Total structure area: 2,220
- Total interior livable area: 2,220 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached Garage, RV Parking
- Has attached garage: Yes
- Covered spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Second Kitchen, Dbl Pane/Storm Window, Dining Room, Fireplace, Vaulted Ceiling(s), Walk-In Closet(s)
- Has view: Yes
- View description: Lake, Territorial
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake
- Frontage length: Waterfront Ft: 40
Lot
- Size: 0.27 Acres
- Features: Paved, Cable TV, Deck, Gas Available, High Speed Internet, RV Parking
- Topography: Level,Rolling
Details
- Parcel number: 0921049070
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story w/Bsmnt.
- Property subtype: Single Family Residence
Materials
- Wood Siding, Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Good
- Year built: 1956
- Major remodel year: 1956
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: Lakehaven
- Water: Public, Company: Lakehaven
Community & HOA
Community
- Subdivision: Steel Lake
Location
- Region: Federal Way
Financial & listing details
- Price per square foot: $428/sqft
- Tax assessed value: $796,000
- Annual tax amount: $7,987
- Date on market: 6/23/2026
- Cumulative days on market: 64 days
- Listing terms: Conventional,FHA,VA Loan
- Inclusions: Dishwasher(s), Refrigerator(s), Stove(s)/Range(s)
Estimated market value
$928,600
$882,000 - $975,000
$2,607/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/6/2026 | Listed for sale | $949,999-5%$428/sqft |
Source:  NWMLS as distributed by MLS GRID #2565437 Report a problem | ||
| 7/17/2026 | Listing removed | $999,999$450/sqft |
Source: eXp Realty #2535236 Report a problem | ||
| 6/4/2026 | Listed for sale | $999,999+25%$450/sqft |
Source: eXp Realty #2535236 Report a problem | ||
| 6/15/2022 | Sold | $800,000+97.5%$360/sqft |
Source: NWMLS as distributed by MLS GRID #1953772 Report a problem | ||
| 11/27/2013 | Sold | $405,000-3.5%$182/sqft |
Source: NWMLS as distributed by MLS GRID #529561 Report a problem | ||
| 10/25/2013 | Pending sale | $419,900$189/sqft |
Source: Prudential NW Realty Assoc. #529561 Report a problem | ||
| 9/21/2013 | Price change | $419,900-4.5%$189/sqft |
Source: Prudential NW Realty Assoc. #529561 Report a problem | ||
| 8/11/2013 | Listed for sale | $439,900$198/sqft |
Source: Prudential NW Realty Assoc. #529561 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,987 +32.1% | $796,000 +31.4% |
| 2024 | $6,045 +5.2% | $606,000 +15.6% |
| 2023 | $5,749 -24.2% | $524,000 -32.6% |
| 2022 | $7,588 +12.9% | $778,000 +30.3% |
| 2021 | $6,722 +9.6% | $597,000 +16.8% |
| 2020 | $6,135 +5.3% | $511,000 +4.3% |
| 2019 | $5,826 +0.3% | $490,000 -3.4% |
| 2018 | $5,811 -10.1% | $507,000 +11.2% |
| 2017 | $6,460 +22% | $456,000 +8.6% |
| 2016 | $5,294 | $420,000 +1% |
| 2015 | $5,294 | $416,000 +13.7% |
| 2014 | $5,294 | $366,000 +18.4% |
| 2013 | $5,294 | $309,000 +4.7% |
| 2012 | -- | $295,000 -6.9% |
| 2011 | -- | $317,000 -14.6% |
| 2010 | -- | $371,000 |
| 2009 | -- | $371,000 +13.5% |
| 2007 | -- | $327,000 |
| 2006 | -- | $327,000 +9.7% |
| 2005 | -- | $298,000 +24.2% |
| 2001 | $3,193 +2.3% | $240,000 +6.2% |
| 2000 | $3,121 | $226,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Steel Lake
Nearby schools
GreatSchools rating
- 5/10Wildwood Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 5/10Sacajawea Middle SchoolGrades: 6-8Distance: 1 mi
- 3/10Federal Way Senior High SchoolGrades: 9-12Distance: 0.9 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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