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$1,199,950
4 Days On Site

3118 S 337th Street
Federal Way, WA98001

For Sale|Single Family Residence|Active
2
Beds
2
Total Baths
1
Full Bath
1
Partial Bath
1,160
SqFt
$1,034
/SqFt
1942
Built
Cumulative Days On Market:
5
Subdivision:
North Lake
County:
King
Courtesy of NWMLS
Listing courtesy of Eric Plotnikov of Keller Williams Realty PS

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Call Now: 253-268-1714
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253-268-1714
3118 S 337th Street3118 S 337th Street3118 S 337th Street3118 S 337th Street
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Exceptional North Lake waterfront opportunity! This unique offering includes three waterfront parcels totaling 31,319 SF, all sold together. The fully remodeled 2-bedroom, 1.75-bath home sits on one parcel with 60 feet of coveted lake frontage, while the two additional parcels provide approximately 45 feet of combined frontage and potential for future development, subject to buyer verification and applicable requirements. Enjoy waterfront living with serene lake views, fishing, boating, spectacular sunsets, and your own private dock. This desirable rambler features vaulted ceilings, a bright sunroom, private jacuzzi, custom-tiled bathrooms, durable laminate flooring, custom cabinetry, and new quartz countertops. The oversized heated two-car garage provides abundant space for vehicles, storage, lake toys, or a workshop. Previously operated as a successful Airbnb, the property offers exceptional flexibility as a primary residence, vacation home, or investment opportunity. Public sewer is located adjacent to all three parcels, offering potential flexibility for future development. Buyer to verify sewer availability, connection requirements, and development feasibility to their satisfaction. The existing home is currently served by septic. A rare opportunity to live, recreate, develop, or invest in a premier waterfront setting.

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Listing Snapshot
Price 
$1,199,950
Days On Site 
4 Days
Bedrooms 
2
Inside Area (SqFt) 
1,160 sqft
Total Baths 
2
Full Baths 
1
Partial Baths 
1
Lot Size 
0.7328 Acres
Year Built 
1942
MLS® Number 
2569988
Status 
Active
Property Tax 
$5,919
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 days agoListing updated with changes from the MLS®
5 days agoListing first seen on site
General Features
Acres 
0.7328
Attached Garage 
Yes
Garage 
Yes
Land Lease 
No
Lease Term 
Short Term Lease
Levels 
One
Parking 
DrivewayAttachedRV Access/Parking
Parking Spaces 
2
Property Sub Type 
Single Family Residence
Sewer 
Septic Tank
SqFt Total 
1160
Utilities 
Cable AvailableSewer Available
Water Source 
Public
Interior Features
Appliances 
DishwasherDryerMicrowaveRefrigeratorElectric Water HeaterWasherWater Heater
Basement 
None
Fireplace 
Yes
Fireplace Features 
Electric
Fireplaces 
1
Flooring 
Ceramic TileLaminate
Heating 
ElectricNatural GasForced Air
Interior 
Ceiling Fan(s)Vaulted Ceiling(s)
Main Level Bedrooms 
2
Spa 
Yes
Window Features 
Skylight(s)
Bathroom Full 
Level - Main
Bathroom Three Quarter 
Level - Main
Bedroom 
Level - Main
Dining Room 
Level - Main
Entry Hall 
Level - Main
Kitchen 
Level - Main
Living Room 
Level - Main
Master Bedroom 
Level - Main
Utility Room 
Level - Main
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Exterior Features
Construction Details 
Cement Siding
Exterior 
Garden
Fencing 
Partial
Lot Features 
LevelPavedWaterfront
Roof 
Composition
Spa 
Yes
View 
LakeTerritorial
Waterfront 
Yes
Waterfront Features 
LakeWaterfront
Waterview 
LakeTerritorial
Windows/Doors 
Skylight(s)
Community Features
Building Access 
Main
Financing Terms Available 
CashConventionalFHAVA Loan
MLS Area 
100 - Jovita/West Hill
School District 
Federal Way
Schools
School District
Federal Way
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Courtesy of NWMLS
Listing courtesy of Eric Plotnikov of Keller Williams Realty PS



Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northwest MLS.
All data is obtained from various sources and may not have been verified by the broker or MLS Grid. Supplied open house information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-08-23 01:19 AM PDT

Neighborhood & Commute
Source: Walkscore
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