Listing provided courtesy of PRO RLTYSRVCS EastsideNWMLSMLS# NWM2522215MLS Provider
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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.

Source: NWMLS, MLS#: NWM2522215

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  • Property Type
    Residential
  • Lot
    0.39 acres

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Cherie McNeal

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  • Median Age
    35
  • Population Density
    4,212
  • College Educated
    37%
  • Estimated Median Income
    $59,560
  • Estimated Total Home Owners
    8,722
  • Estimated Total Renters
    9,793
  • Owner / Renter Divide
    47% / 53%
  • Estimated Average Household Size
    3
  • Total Population
    49,445
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 2605 S 304th Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/17/2026Source: NWMLS Status Change
Pending
6/11/2026Source: NWMLS Status Change
Pending Inspection
6/1/2026Source: NWMLS Price Reduction
$925,000 -3.6%
5/22/2026Source: NWMLS Price Reduction
$960,000 -2.5%
5/13/2026Source: NWMLS Added to Database
May 13, 2026