Imagine a rare opportunity to own a once-in-a-lifetime waterfront retreat—this extraordinary legacy estate is set on a .79 acre property where privacy, tranquility, and natural beauty converge. Featuring 90 feet of pristine saltwater frontage with desirable tideland rights, the property includes a bulkhead with steps leading down to a sandy beach, ideal for shoreline exploration, relaxing by the water, and enjoying the ever-changing marine landscape. With coveted westerly exposure, the home captures sweeping, unobstructed views of Puget Sound, Maury Island, and the Olympic Mountains, showcasing passing boats, wildlife, and unforgettable sunsets. A custom glass-covered entry arbor welcomes you into an open-concept interior, designed to maximize natural light and showcase the views. The chef’s kitchen features distinctive high-end finishes, including premium appliances, custom cabinetry, and slab granite counters. The expansive living areas include beautiful Carlisle soft pine floors, triple-pane tinted windows, electric blinds, gas fireplaces, and a heat pump for year-round comfort. A full-width view deck with stainless steel railings includes a covered, heated entertaining area. The lower level provides flexible space for guest quarters or a potential MIL suite. Tucked at the end of a private drive, the setting is peaceful and secluded, surrounded by lush, professionally landscaped grounds with automatic sprinklers. Don't miss this exceptional waterfront offering.
Active
Listed by: Better Properties Soundview • Robert Hall
$1,950,000
3140 SW 302nd Place, Federal Way, WA 98023
4beds
2,838sqft
Single Family Residence
Built in 1953
0.79 Acres Lot
$1,865,300 Zestimate®
$687/sqft
$-- HOA
What's special
Gas fireplacesTriple-pane tinted windowsDistinctive high-end finishesCovered heated entertaining areaPrivate driveCoveted westerly exposureCustom cabinetry
- 59 days |
- 872 |
- 37 |
Zillow last checked:
Listing updated:
Listed by:
Robert Hall,
Better Properties Soundview,
Francine Hall,
Better Properties Soundview
Source: NWMLS as distributed by MLS GRID,MLS#: 2517403
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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: Lower
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Bathroom three quarter
- Level: Lower
Bathroom three quarter
- Level: Main
Other
- Level: Lower
Dining room
- Level: Main
Entry hall
- Level: Main
Great room
- Level: Main
Kitchen with eating space
- Level: Main
Rec room
- Level: Lower
Utility room
- Level: Main
Heating
- Fireplace, Forced Air, Heat Pump, Natural Gas
Cooling
- Forced Air, Heat Pump
Appliances
- Included: Dishwasher, Double Oven, Dryer, Microwave, Refrigerator, See Remarks, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s), Water Heater: Gas, Water Heater Location: Basement Closet
Features
- Bath Off Primary, Central Vacuum, Dining Room
- Flooring: Ceramic Tile, Softwood, Carpet
- Windows: Skylight(s), Triple Pane Windows
- Basement: Daylight,Finished
- Number of fireplaces: 3
- Fireplace features: Electric, Gas, Lower Level: 1, Main Level: 2, Fireplace
Interior area
- Total structure area: 2,838
- Total interior livable area: 2,838 sqft
Property
Parking
- Total spaces: 6
- Parking features: Driveway, Detached Garage, Off Street, RV Parking
- Has garage: Yes
- Covered spaces: 2
- Uncovered spaces: 4
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Bath Off Primary, Built-In Vacuum, Dining Room, Fireplace, Fireplace (Primary Bedroom), Skylight(s), Triple Pane Windows, Vaulted Ceiling(s), Water Heater, Wired for Generator
- Has view: Yes
- View description: Islands, Mountain(s), See Remarks, Sound, Territorial
- Has water view: Yes
- Water view: Sound
- Waterfront features: Bulkhead, Saltwater, Sound
- Frontage length: Waterfront Ft: 90
Lot
- Size: 0.79 Acres
- Features: Paved, Secluded, Cable TV, Deck, Gas Available, High Speed Internet, Patio, RV Parking, Sprinkler System
- Topography: Level,Partial Slope,Sloped
Details
- Parcel number: 0121039073
- Special conditions: Standard
- Other equipment: Wired for Generator
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story w/Bsmnt.
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1953
- Major remodel year: 1989
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: Lakehaven
- Water: Public, Company: Lakehaven
- Utilities for property: Xfinity, Xfinity
Community & HOA
Community
- Subdivision: Lakota
Location
- Region: Federal Way
Financial & listing details
- Price per square foot: $687/sqft
- Tax assessed value: $1,428,000
- Annual tax amount: $13,996
- Date on market: 5/7/2026
- Cumulative days on market: 60 days
- Listing terms: Conventional
- Inclusions: Dishwasher(s), Double Oven, Dryer(s), Microwave(s), Refrigerator(s), See Remarks, Stove(s)/Range(s), Washer(s)
Estimated market value
$1,865,300
$1.77M - $1.96M
$4,219/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/7/2026 | Listed for sale | $1,950,000+133.5%$687/sqft |
Source:  NWMLS as distributed by MLS GRID #2517403 Report a problem | ||
| 7/22/2009 | Sold | $835,000+24.6%$294/sqft |
Source: NWMLS as distributed by MLS GRID #29036369 Report a problem | ||
| 1/28/2003 | Sold | $670,000+16.5%$236/sqft |
Source: NWMLS as distributed by MLS GRID #22218271 Report a problem | ||
| 4/5/2000 | Sold | $575,000$203/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,996 +0.7% | $1,428,000 -1.7% |
| 2024 | $13,897 -1.4% | $1,452,000 +10.7% |
| 2023 | $14,090 +3.2% | $1,312,000 -7.3% |
| 2022 | $13,649 +7.1% | $1,415,000 +23.5% |
| 2021 | $12,747 +10% | $1,146,000 +17.3% |
| 2020 | $11,587 +11.4% | $977,000 +10.8% |
| 2019 | $10,397 +4.7% | $882,000 +1% |
| 2018 | $9,926 -11.4% | $873,000 +9.7% |
| 2017 | $11,199 +24.6% | $796,000 +11.6% |
| 2016 | $8,985 | $713,000 +6.4% |
| 2015 | $8,985 | $670,000 +7% |
| 2014 | $8,985 | $626,000 +18.3% |
| 2013 | $8,985 | $529,000 -8% |
| 2012 | -- | $575,000 -6.2% |
| 2011 | -- | $613,000 -15.9% |
| 2010 | -- | $729,000 |
| 2009 | -- | $729,000 -8.2% |
| 2007 | -- | $794,000 +9.5% |
| 2006 | -- | $725,000 +6.8% |
| 2005 | -- | $679,000 +44.5% |
| 2001 | $6,181 +3.7% | $470,000 +7.6% |
| 2000 | $5,961 | $437,000 |
Find assessor info on the county website
Monthly payment
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Climate risks
Neighborhood: 98023
Nearby schools
GreatSchools rating
- 4/10Adelaide Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 5/10Lakota Middle SchoolGrades: 6-8Distance: 1.2 mi
- 4/10Decatur High SchoolGrades: 9-12Distance: 1 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Washington
- King County
- Federal Way
- 98023
- 3140 SW 302nd Place
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