Listing provided courtesy of PRO RLTYSRVCS EastsideNWMLSas Distributed by MLSGrid- MLS# NWM2522215
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Front view of this fabulous house on Steel Lake!
The large deck with the lake in the background.
The largest dock on Steel Lake!
A beautiful view of the home and the lake.
The diving board on the dock.
One of two large yards on this property.
A close-up view of the front of the home and its huge deck.
A three car garage, plus shop area, plus attached rental potential!
Check out this view from the living room!
Serene view!
The large living room with built-ins and hardwood floors.
Spacious living room with cozy fireplace and the open concept kitchen in the background.
Sliders open to the large deck.
Primary bedroom.
Primary bathroom has a tub and separate shower.
Primary bathroom walk-in closet.
Second bedroom.
Second bathroom.
View of the lake from the huge potential rental attached to the garage.
What will you do with all of this extra space?
The three quarter bath and kitchen space in the additional potential living quarters behind the garage.
Enormous three car garage!
Shop area inside the three car garage. Office door goes to huge bonus space.
The 3-car garage, potential rental, home, and Steel Lake!
A view of the back of the garage and bonus room from the house.
This photo is taken from the back of the detached garage/bonus room toward the house.
The home and located behind it is the potential rental and three-car garage.
The largest dock on the lake!
2605 S 304th StreetFederal Way, WA 98003
Single Family · 2 Beds · 1 Full Bath · 2 Three Quarter Baths · 2,240 Sq. ft. | 0.39 Acres$925,000
Pending
2605 S 304th Street Overview
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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.
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2605 S 304th Street Facts & Features
- Type Single Family
- Sq. ft. 2,240
- Price/Sq.ft. $413
- Lot 0.39 Acres
Details
General
Association/HOA
- Association Fee: $0.00
School Information
- School District: Federal Way
- Elementary School: Wildwood Elem
- Middle Or Junior School: Sacajawea Jnr High
- High School: Federal Way Snr High
Building Information
- New Construction: No
- Year Built: 1957
Location/Region
- Country: US
- County Or Parish: King
- MLS Area Major: 110 - Dash Point/Federal Way
- Subdivision Name: Steel Lake
Community/Development
- Community Features: Park
Rent/Lease Information
- Land Lease: No
Tax Information
- Tax Annual Amount: $8,297.55
- Tax Year: 2026
General Information
- Inclusions: Dishwasher(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s)
- Listing Terms: Cash, Conventional, FHA, VA Loan
- Parcel Number: 0921049078
- Property Sub Type: Single Family Residence
- Property Type: Residential
- Senior Community: No
- Special Listing Conditions: None
Interior
Building Information
- Building Information: Built On Lot
Parking Information
- Garage: Yes
Beds/Baths
- Bathrooms Full: 1
- Bathrooms Half: 0
- Bathrooms Three Quarter: 2
- Bathrooms Total: 3
- Bedrooms Total: 2
- Bedrooms Lower: 0
- Bedrooms Upper: 0
Building Interior
- Appliances Included: Dishwasher(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s)
- Building Area Total: 2240
- Building Area Units: Square Feet
- Calculated Square Footage: 2240
- Square Footage Finished: 2240
- Square Footage Unfinished: 0
General Information
- Appliances: Dishwasher, Microwave, Refrigerator, Stove(s)/Range(s)
- Cooling: No
- Fireplace Features: Wood Burning
- Fireplace: Yes
- Fireplaces Total: 1
- Flooring: Ceramic Tile, Hardwood
- Foundation Details: Poured Concrete
- Heating: Yes
- 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
- Levels: One
- Living Area: 2240
- Main Level Bathrooms: 2
- Main Level Bedrooms: 2
- Power Production Type: Electric
- Security Features: Security System
Exterior
Parking Information
- Open Parking: No
- Parking Features: Detached Garage
- Parking Total: 6
- Parking Uncovered Total: 3
Lot Information
- Irrigation Water Rights: No
- Lot Features: Open Space, Paved
- Lot Size Acres: 0.3939
- Lot Size Square Feet: 17159
- Lot Size Units: Square Feet
- Site Features: Cable TV, Deck, Dock, High Speed Internet, Shop, Sprinkler System
- Topography: Partial Slope
- Vegetation: Garden Space
- Elevation Units: Feet
- Water Source: Public
Waterfront/View
- Waterfront Features: Low Bank, Lake
- Waterfront Footage: 50
- Waterfront: Yes
Building Exterior/Construction
- Attached Garage: No
- Roof: Torch Down
- Structure Type: House
General Information
- Carport: No
- Covered Spaces: 3
- Exterior Features: Wood, Wood Products
- Sewer: Sewer Connected
Room Information
Room: Bathroom Three Quarter
- Level: Garage
Room: Bonus Room
- Level: Garage
Room: Bathroom Full
- Level: Main
Room: Bathroom Three Quarter
- Level: Main
Room: Bedroom
- Level: Main
Room: Kitchen With Eating Space
- Level: Main
Room: Living Room
- Level: Main
Room: Primary Bedroom
- Level: Main
Room: Utility Room
- Level: Main
2605 S 304th Street Neighborhood
Community
98003 (Federal Way) Demographics
35
Median Age
4,212
Population Density (per sq. mile)
37%
College Educated
$59,560
Estimated Median Income
8,722
Estimated Total Home Owners
9,793
Estimated Total Renters
47% / 53%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.2605 S 304th Street Monthly Cost
2605 S 304th Street Market Data
Based on the last 30 days in this zip code
$505,390
Average List Price
$301
Average Price per Square Foot
39
Properties Sold
83
Average Days on Market
166
Properties for Sale
2605 S 304th Street History
| Date | Value | Agent |
|---|---|---|
| 6/17/2026Source: NWMLS | Pending |
|
| 6/11/2026Source: NWMLS | Pending Inspection |
|
| 6/1/2026Source: NWMLS | $925,000 -3.6% |
|
| 5/22/2026Source: NWMLS | $960,000 -2.5% |
|
| 5/13/2026Source: NWMLS | May 13, 2026 |