31111 53 Avenue SW

Federal Way, WA 98023

  • 4 Bed

  • 3 Bath

  • 4550 SqFt

  • 1 DOM

  • Built: 1947

  • Status: Active

$1,150,000

X

31111 53 Avenue SW

Federal Way 98023

$1150000

  • 4 Bed

  • 3 Bath

  • 4550 SqFt

  • 1 DOM

  • Built: 1947

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

Welcome to this well-maintained home with stunning water views! Situated on a 0.64-acre lot with two parcel numbers, it offers great potential for future development. The main and upper levels feature 3 bedrooms, a spacious living room, family room, and a large bonus room. Relax on the wraparound deck and enjoy breathtaking sunsets over the Sound. The finished basement generates $1,600/month in rental income—an ideal blend of lifestyle and passive income. Don’t miss this rare opportunity to own a water-view home with space, flexibility, and investment potential!

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Residence Information

  • 4550

  • 2/Gas

  • 4

  • 2

  • 0

  • 3

  • Composition

  • 6,

  • 18 - 2 Stories w/Bsmnt

  • 1947

  • Daylight, Finished

  • Daylight, Finished

  • Poured Concrete

Features and Utilities

  • Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s)

  • Double Pane/Storm Window, Fireplace

  • Cement/Concrete

  • Public

  • Septic Tank

Financial

  • 12270

  • Cash Out, Conventional

  • 06-05-2025

Comparable Information

  • 1

  • 1

  • Cash Out, Conventional

  • $1,150,000

  • $1,150,000

  • Jun 06, 2025 12:01

Schools

Map

Listing courtesy of Kelly Right RE of Seattle LLC.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2025 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Jun 07, 2025 05:48 | Listing last modified Jun 06, 2025 12:01. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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