About this home

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!

Around this home

Property details

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Source: Walk Score®, Bike Score® and Transit Score® are provided by Walk Score (walkscore.com), a third-party service. This is not Northwest MLS listing data.

• Adelaide Elementary School

  Public · Grades PK-5 · 2.8 mi · State rank 1,003 of 1,160
  2/10
• Aylen Junior High

  Public · Grades 7-9 · 9.4 mi · State rank 227 of 534
  6/10
• Alternative Spcl Needs Div Occ

  Public · Grades 9-12 · 8.6 mi
  —

Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.

Source: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

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A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.

Market pulse

Federal Way is a seller's market.

Inventory is low and competition is high. Sellers have more negotiating power.

• Offer insight: Many homes get multiple offers, some with waived contingencies.

• List to sale price: The average home sells very close to list price.

• Time on market: The average home goes pending in around 5 days.

Market data from MLS GRID / NWMLS · Updated Sep 2026