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$923,141

Listing Price

2beds

1.75baths

1,790sqft

17,159sqft lot

2605 S 304th St, Federal Way, WA 98003

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Single Family

Home type

515.72

Price / sqft

1957

Year built

Home Details

Wake up to panoramic lake views and end your day with stunning sunset hues in this beautiful 2 bedroom, 1.75 bath waterfront home on desirable Steel Lake! Nestled in the heart of Federal Way, this inviting property offers the perfect blend of comfort, tranquility, and waterfront living. Located on over a third of an acre, this property also features a huge 1470 sq ft combined garage, shop, and living or work space. The large living space attached to the garage includes a three quarter bath and an easily finished kitchen that could make an incredible rental. Offset your mortgage with onsite income! The home enjoys light-filled living spaces, an open layout, and serene lake views from the main living areas. The open kitchen layout makes entertaining a breeze as it is open to the living room and just steps from the large, lake facing deck. The spacious primary suite features a private bath with a separate shower and bath and a large walk-in closet. The 2nd bedroom has built-in storage and is conveniently located across from the 2nd bathroom with its large walk-in shower. Step outside to relax on the large deck, just a few steps to the largest dock on Steel Lake, or on one of two spacious lawns! Kayak, paddle board, canoe or fish right outside your door! Second deck with firepit is lakeside for evening rest and relaxation. Conveniently located near parks, shopping, dining, and commuter routes, this rare lakeside opportunity combines peaceful living with everyday convenience.

Interior Details

Square Feet
  • 1790

Bedrooms
  • 2

Bathrooms
  • 1.75

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Electric

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Electric

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 17159

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    Garage, Detached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    5

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • Yes

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • N/A

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$5,989

$171,000

$354,000

--%

$525,000

2020

$5,989

$144,000

$360,000

--%

$504,000

2019

$5,967

$138,000

$383,000

--%

$521,000

2018

$6,641

$138,000

$331,000

--%

$469,000

2017

$6,119

$132,000

$300,000

--%

$432,000

2015

$6,160

$131,000

$296,000

--%

$427,000

2014

$5,756

$131,000

$229,000

--%

$360,000

2012

$5,115

$131,000

$212,000

--%

$343,000

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Average Home Price in 98003

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$390,563

3 Beds

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6,500 Lot (sqft)

Sold 07/28/2026

$622,754

4 Beds

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1,870 Sqft

8,718 Lot (sqft)

Sold 05/26/2026

$578,000

3 Beds

1.75 Baths

1,550 Sqft

7,840 Lot (sqft)

Sold 05/12/2026

$713,139

4 Beds

2.25 Baths

1,910 Sqft

6,309 Lot (sqft)

Sold 10/05/2026

$650,000

3 Beds

3 Baths

1,873 Sqft

3,083 Lot (sqft)

Sold 09/29/2026

$527,693

5 Beds

2.25 Baths

1,610 Sqft

7,500 Lot (sqft)

Sold 10/06/2026

$625,000

3 Beds

3 Baths

2,010 Sqft

7,201 Lot (sqft)

Sold 09/29/2026

$923,141

2 Beds

1.75 Baths

1,790 Sqft

17,159 Lot (sqft)

Sold 10/06/2026

$649,999

3 Beds

3 Baths

2,010 Sqft

6,329 Lot (sqft)

Sold 09/29/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
923,141
$
Down payment
184,628.2
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
5,538.84
$
HOA (Monthly)
0
$
PMI
0
$
$5,976
Your Payment
Total Monthly Payment:$5,976
Percent of Income:102%
Affordable:No

Details for 2605 S 304TH ST

Property Debt

Foreclosure Contact Details