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$925,000 -$35,000 (-3.65%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 1 Full Bath
  • 2 Partial Baths
  • 2,240 Sq. Ft.
  • Updated 6 hours ago

Listed by Toni Murray | PRO RLTYSRVCS Eastside | (888) 302-5550

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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.

Full Property Details for 2605 S 304th St

General

  • Price: $925,000
  • Taxes: $8,297 (2026)
  • Status: Active
  • Type: Single Family
  • Source: NWMLS
  • MLS ID: 2522215
  • Updated: 6/1/2026
  • Added to Site: 19 day(s) ago

Interior

  • 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
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Wood Burning
  • Appliances: Dishwasher(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s)
  • Flooring: Ceramic Tile, Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 1
  • 3/4 Bathrooms: 2
  • Main Floor Baths: 2
  • Main - 3/4 Baths: 1

Bedrooms

  • Total Bedrooms: 2
  • Bedrooms Main: 2

Additional Information

  • Amenities: Cable TV, Deck, Dock, High Speed Internet, Shop, Sprinkler System
  • Security/Safety: Security System

Parking

  • Garage: Yes
  • Covered Spaces: 3
  • Uncovered Spaces: 3
  • Parking Features: Detached Garage

Location

  • Area: 110 - Dash Point/Federal Way
  • County: King
  • Subdivision: Steel Lake
  • Driving Directions: From I-5, take exit 147 for 272nd St. Turn left onto 272nd. Right onto Military Rd S. At the traffic circle, continue straight onto Military Rd. Right onto 304th St. Home on the left.

School Information

  • High School District: Federal Way
  • Elementary School: Wildwood Elem
  • Middle School: Sacajawea Jnr High
  • High School: Federal Way Snr High

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Wall Furnace
  • Water Heater: Electric

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: House
  • Exterior Const.: Wood, Wood Products
  • Foundation: Poured Concrete
  • Roof: Torch Down
  • Square Feet: 2,240
  • Finished Total: 2,240 Sq. Ft.
  • Year Built: 1957

Lot Features

  • Property View: Lake, Territorial
  • Lot Size (Acres): 0.3939
  • Lot Size (Sq. Ft.): 17,159
  • Lot Size Source: King County Records
  • Topography: Partial Slope
  • Lot Features: Open Space, Paved
  • Trees/Vegetation: Garden Space

Water Features

  • Water Front: Yes

Financial Considerations

  • Tax Amount: $8,297.55
  • Tax Year: 2026
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: None
  • Inclusions: Dishwasher(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s)
  • Property ID: 921049078

Listed by Toni Murray | PRO RLTYSRVCS Eastside | (888) 302-5550

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NMLS#: 1598647

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Schools serving 2605 S 304th St

School District:Federal Way School District
NameGradesDistance
Wildwood Elementary School, Federal Way, WA
2405 South 300th Street, Federal Way, WA 98003
K-50.2 mi
Sacajawea Middle School, Federal Way, WA
1101 South Dash Point Road, Federal Way, WA 98003
6-81 mi
Federal Way Senior High School
30611 16th Avenue South, Federal Way, WA 98003
9-120.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2605 S 304th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/01/2026
Price Reduced
$925,000
-3.65%
MLS
5/22/2026
Price Reduced
$960,000
-2.54%
MLS
5/13/2026
Listed
$985,000
1307.14%
MLS
4/20/1990
Sold
$70,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 2605 S 304th St

Year
Property Taxes
Change
Tax Assessment
Change
2026
$8,298
29%
$836,000
28%
2025
$6,435
4%
$654,000
-18%
2024
$6,194
-20%
$799,000
—
2022
$7,788
24%
$799,000
30%
2021
$6,299
—
$613,000
17%
2021
$6,299
5%
$525,000
4%
2020
$5,989
—
$504,000
-3%
2019
$5,968
-10%
$521,000
11%
2018
$6,641
9%
$469,000
9%
2017
$6,120
-8%
$432,000
-4%
2016
$6,663
8%
$451,000
6%
2015
$6,160
7%
$427,000
19%
2014
$5,756
—
$360,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Toni Murray | PRO RLTYSRVCS Eastside | (888) 302-5550

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2605 S 304th Street, Federal Way, WA 98003 (MLS# 2522215) is a Single Family property with 2 bedrooms, 1 full bathroom and 2 partial bathrooms. 2605 S 304th Street is currently listed for $925,000 and was received on May 13, 2026. Want to learn more about 2605 S 304th Street? Do you have questions about finding other Single Family real estate for sale in Federal Way? You can browse all Federal Way real estate or contact a Coldwell Banker agent to request more information.

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