About this home

Want to get away from all the hustle and bustle while keeping amenities within arm’s reach? This WATERFRONT RETREAT beckons you to make your great escape! Nestled on nearly half an acre along the shore of STEEL LAKE, it’s perfectly positioned to capture WATER VIEWS from all three levels. Step in to discover spacious interiors with all the right spaces to relax, entertain, play, and work from home. Elegant living and dining areas are perfect for parties, while a casual great room forms the heart of the home with its expanse of lake view windows. Gather around the cozy fireplace, open French doors for al fresco fun on the wrap-around deck, or prep your favorite meals in the open kitchen overlooking it all. More space and views await downstairs with a huge rec room opening to the patio and BEAUTIFULLY LANDSCAPED LAKESIDE LAWN beyond (ADU/MIL potential!). All four bedrooms are tucked upstairs together, including your dreamy primary suite with its own fireplace, private balcony, and jetted tub all looking out to the lake. Custom walk-in closet and heated floors in the primary bath, too! Thoughtful extras include skylights, a wired generator, central vacuum, low-maintenance Azek decking, in-ground sprinklers + OODLES OF STORAGE. Spend weekends watching for eagles and osprey while fishing (the lake is stocked!) free from the sound of high-speed motors. With such serenity, it’s easy to forget you’re JUST MINUTES AWAY FROM LIGHT RAIL, shopping, dining, schools and easy freeway access.

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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.

Federal Way School District

• Wildwood Elementary School

  Public · Grades PK-5 · State rank 770 of 1,138
  4/10
• Sacajawea Jnr High

  Public · Grades Middle
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• Federal Way Snr High

  Public · Grades High
  —

Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools 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%.

Ask about this home

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

Market pulse

Federal Way is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

• Offer insight: Well-priced homes draw multiple offers; others sell close to asking.

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

• Time on market: The average home goes pending in around 60 days.

Market data from MLS GRID / NWMLS · Updated Sep 2026