™by The Broker Team$1,149,998
Active · New this week3118 337th Street S, Federal Way, WA 98001
Photos are on the wayWant a look sooner? Enrique can send photos or set up a video walkthrough.
REPORTED FEATURES
Why you might love it
YOUR SEARCH
Why it matched
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TAKE A CLOSER LOOK
Reasons to see it in person
- New this week · listed Oct 8
- Photos can’t show the workshop’s size
- Feel the single-level layout in person
YOUR NEXT CHAPTER
Be ready when you find the one
- ✓Search
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- 4Tour
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You’re taking a closer look. A licensed loan officer can help you prepare for the next step.
Mortgage Lending Group · Company NMLS 1157983 · Enrique Pelayo Jr. NMLS 131435
THE FACTS
Home details
Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Interior area
- 1,160 sq ft
- Levels
- One
- Flooring
- Ceramic Tile, Laminate
- Appliances
- Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
Other features
Exterior & lot
- Home type
- House
- Year built
- 1942
- Lot size
- 31,919 sq ft
- Exterior
- Cement Planked, Wood Products
- View
- Lake, Territorial
Parking
- Parking spaces
- 12
- Parking features
- Driveway, Attached Garage, RV Parking
Systems
- Heating
- Forced Air
- Cooling
- None
- Water
- Public
- Sewer
- Available, Septic Tank
Taxes & HOA
- Annual property tax
- $5,919.4 (2026)
- Monthly HOA
- $0
FROM THE LISTING
About this home
Situated on coveted North Lake waterfront, this rare offering includes 3 waterfront parcels totaling 31,319 SF, all sold together. The fully remodeled one-story, 2-bedroom, 1.75-bath rambler anchors the property, with over 82 feet of combined lake frontage across the 3 parcels. Enjoy it as one expansive waterfront retreat or explore the potential to build up to 2 additional homes. Inside, vaulted ceilings and a bright sunroom fill the home with natural light and frame spectacular lake views. The remodeled interior features custom cabinetry, quartz countertops, modern tiled bathrooms, a soaking tub, durable laminate flooring, and thoughtful updates throughout. Outside, a private dock and jacuzzi create an ideal setting for life on the water. Spend your days boating, paddleboarding, fishing, swimming, or relaxing along the shoreline, then take in spectacular North Lake sunsets. An oversized heated two-car garage offers generous space for vehicles, storage, lake toys, or a workshop. Previously operated as a successful Airbnb, the property offers flexibility as a primary residence, vacation retreat, or investment opportunity. Public sewer is located adjacent to all three parcels, while the existing home is currently served by septic. Buyer to verify sewer availability, connection requirements, and development feasibility. A rare opportunity to enjoy North Lake today with exciting possibilities for the future.
AROUND THE HOME
Nearby places
© OpenStreetMap contributors. Straight-line distances are estimates; routes and opening hours may differ.
MLS SCHOOL INFORMATION
Schools
Federal Way School District
Elementary: Lake Dolloff Elem
Middle: Sequoyah Mid Sch
High: Todd Beamer High
School assignments can change. Confirm with the district before you decide. No ratings or rankings are provided.
CURRENT CITY LISTINGS
Market snapshot
Federal Way
City-wide active listings in our approved IDX feed · 10/12/2026, 8:00:07 PM Pacific.
KEEP EXPLORING
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Built in 1942 · About 84 years old.