5118 SW 311 Place

Federal Way, WA 98023

  • 4 Bed

  • 2 Bath

  • 3300 SqFt

  • 1 DOM

  • Built: 1972

  • Status: Active

$1,025,000

X

5118 SW 311 Place

Federal Way 98023

$1025000

  • 4 Bed

  • 2 Bath

  • 3300 SqFt

  • 1 DOM

  • Built: 1972

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

Perched to capture sweeping, unobstructed panorama views of Puget Sound, this iconic Pacific Northwest retreat is ready for its next chapter. Offered in its original condition, this home is ideal for buyers seeking a chance to renovate, restore, or reimagine a view property into their dream residence. Solid bones, timeless character, and endless potential make this a standout investment opportunity. The expansive unfinished 1,280 sq ft basement adds exceptional flexibility and value, ideal for a workshop, studio, wine cellar, fitness space, storage, or future expansion. Existing plumbing for an additional bathroom opens the door to even more possibilities. Enjoy seamless indoor-outdoor living with a spacious view deck, perfect for entertaining, relaxing, or morning coffee, soak in the incredible scenery year-round. Conveniently located with easy access to light rail (5 miles), Seattle/Tacoma airport (15 miles), shopping, parks, and commuter routes, this home offers a rare combination of peaceful living and unbeatable accessibility.

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Residence Information

  • 3300

  • 2/Gas

  • 4

  • 2

  • 0

  • 2

  • Composition

  • 18 - 2 Stories w/Bsmnt

  • 1972

  • Daylight, Unfinished

  • Daylight, Unfinished

  • Poured Concrete

Features and Utilities

  • Dishwasher, Double Oven, Dryer, Refrigerator, Stove(s)/Range(s), Washer

  • Dbl Pane/Storm Window, Fireplace, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater

  • Wood

  • Public

  • Septic Tank

Financial

  • 3753

  • Cash, Conventional, VA Loan

  • 04-29-2026

Comparable Information

  • 1

  • 1

  • Cash, Conventional, VA Loan

  • $1,025,000

  • $1,025,000

  • Apr 30, 2026 12:02

Schools

Elementary : Buyer To Verify N/A Ratings
Middle : Buyer To Verify N/A Ratings
High : Buyer To Verify N/A Ratings

Map

Listing courtesy of John L. Scott, Inc..

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 © 2026 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Apr 30, 2026 19:13 | Listing last modified Apr 30, 2026 12:02. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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