Property Details
2605 S 304th Street
Federal Way, WA 98003
$925,000
Pending
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About This Home
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.
Property Details
Property Information
Property Type
Residential
Subtype
Single Family Residence
Status
Pending
County
King
Neighborhood
Steel Lake
Listed
May 13, 2026
Original Price
$985,000
Structure Type
House
Parcel Number
0921049078
Tax & HOA
Annual Property Tax
$8,298 (2026)
Est. Monthly Tax
$691/mo
Interior Features
Bedrooms
2
Bathrooms
2.5
Living Area
2,240 sq ft
Interior Features
Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Fireplace, Security System, Skylight(s), Sprinkler System, Walk-In Closet(s), Water Heater
Exterior & Lot
Lot Size
0.39 sqft
Year Built
1957
Exterior Materials
Wood
Parking
Detached Garage
Sewer
Sewer Connected
Water Source
Public
Lot Features
Open Space, Paved
Exterior Features
Wood, Wood Products
Community & Access
Community Features
Park
Directions
From I-5, take exit 147 for 272nd St. Turn left onto 272nd. Right onto Military Rd S. At the traffic circle, continue straight onto Military Rd. Right onto 304th St. Home on the left.
Location
City
Federal Way
County
King
Coordinates
47.32972, -122.30114
Schools
School District
Federal Way
Elementary School
Wildwood Elem
Middle School
Sacajawea Jnr High
High School
Federal Way Snr High
Additional Information
Tax Year
2026
Annual Taxes
$8,298
Possession
Array
Community Features
Park
Inclusions
Dishwasher(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s)
Mortgage Calculator
Estimated Monthly Payment
$0
Down Payment
$0
Loan Amount
$0
Provided by Beyond Real Estate, LLC
Down Payment Assistance Available
This property may qualify for homebuyer assistance programs
Find out if you’re eligible for down payment assistance programs that could help make this home more affordable. Programs can provide thousands of dollars toward your down payment and closing costs.
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