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$1,650,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 2 Partial Baths
  • 2,640 Sq. Ft.
  • Updated 4 hours ago

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Open House: 1:00 PM - 3:00 PM

Sunday 9/13 1:00 PM - 3:00 PM

5112 SW 311th Place,Federal Way, WA 98023

5112 SW 311th PlaceFederal WayWA98023

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Listed by Mona Zhang | WeLakeside | (425) 246-1453

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Wake up to breathtaking panoramic views of Puget Sound, the Olympic Mountains, and unforgettable sunsets from this remarkably private Federal Way waterfront retreat. Set on approximately 1.5 acres with 125 feet of no-bank waterfront, this rare property offers the space, privacy, and direct beach access that are exceptionally difficult to find. The fully renovated custom home combines timeless Northwest character with modern comfort. Expansive windows frame the water views throughout the home, while the elegant sunken living room features gracious beamed ceilings and a dramatic fireplace. The refreshed kitchen offers Corian countertops and a cozy breakfast nook, while the spacious dining area is perfectly positioned for entertaining with the Sound as your backdrop. Multiple water-view decks and an expansive patio create seamless indoor-outdoor living-ideal for morning coffee, al fresco dining, entertaining, or simply enjoying spectacular Pacific Northwest sunsets. A separate 1200 square feet cottage provides flexible space for a home office, studio, guest retreat, or additional-purpose space. A peaceful wooded trail winds through the property to an enchanting sandy beach and waterfront cabana. At low tide, explore miles of shoreline directly from your own private waterfront setting. The property also benefits from a new septic system design and approval, with installation to be completed by the new owner. The separate cottage is 1200 square feet; buyers to verify.

Full Property Details for 5112 SW 311th Pl

General

  • Price: $1,650,000
  • Taxes: $17,598 (2025)
  • Status: Active
  • Type: Single Family
  • Source: NWMLS
  • MLS ID: 2580516
  • Updated: 9/10/2026
  • Added to Site: 3 day(s) ago

Rental Information

  • Short Term: Yes

Interior

  • Interior Features: Fireplace, Walk-In Closet(s), Water Heater
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Electric
  • Appliances: Dishwasher(s), Double Oven, Dryer(s), Garbage Disposal, Refrigerator(s), Washer(s)
  • Flooring: Ceramic Tile, Vinyl, Carpet

Rooms

Bathrooms

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

Bedrooms

  • Total Bedrooms: 3
  • Bedrooms Upper: 3

Parking

  • Garage: Yes
  • Covered Spaces: 2
  • Uncovered Spaces: 2
  • Parking Features: Detached Garage

Location

  • Area: 110 - Dash Point/Federal Way
  • County: King
  • Subdivision: Federal Way
  • Driving Directions: From Dash Point Rd head north down 51st Ave SW. Cross 311th Pl & go down driveway. If gate is close, open it & park by garage.
  • Direction Faces: Northwest

School Information

  • High School District: Federal Way
  • Elementary School: Twin Lakes Elem
  • Middle School: Lakota Mid Sch
  • High School: Decatur High

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Forced Air
  • Heating Type: Forced Air
  • Water Heater: Electronic

Utilities

  • Sewer: Septic Tank
  • Water: Public

Structural Information

  • Structure Type: House
  • Exterior Const.: Wood
  • Basement Desc.: None
  • Foundation: Concrete Ribbon, Poured Concrete
  • Roof: Composition
  • Entry Location: Main
  • Square Feet: 2,640
  • Finished Total: 2,640 Sq. Ft.
  • Year Built: 1973

Lot Features

  • Property View: Mountains, Ocean, Sea, Territorial
  • Lot Size (Acres): 1.5743
  • Lot Size (Sq. Ft.): 68,577
  • Lot Size Source: Public record
  • Lot Dimensions: 68577
  • Topography: Terraces
  • Lot Features: Cul-De-Sac, Paved, Value In Land
  • Trees/Vegetation: Brush, Wooded

Water Features

  • Water Front: Yes

Financial Considerations

  • Tax Amount: $17,598
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, USDA Loan, VA Loan

Disclosures and Reports

  • Special Conditions: None
  • Inclusions: Dishwasher(s), Double Oven, Dryer(s), Garbage Disposal, Refrigerator(s), Washer(s)
  • Property ID: 3210200205
  • Lot Number: 3210200205

Listed by Mona Zhang | WeLakeside | (425) 246-1453

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Schools serving 5112 SW 311th Pl

School District:Federal Way School District
NameGradesDistance
Twin Lakes Elementary School
4400 Southwest 320th Street, Federal Way, WA 98023
K-50.7 mi
Lakota Middle School
1415 Southwest 314th Street, Federal Way, WA 98023
6-82.1 mi
Decatur High School
2800 Southwest 320th Street, Federal Way, WA 98023
9-121.5 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 5112 SW 311th Pl Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/09/2026
Listed
$1,650,000
65%
MLS
4/05/2021
Sold
$1,000,000
—
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 5112 SW 311th Pl

Year
Property Taxes
Change
Tax Assessment
Change
2026
$16,225
-8%
$1,682,000
-10%
2024
$17,598
13%
$1,868,000
19%
2024
$15,604
3%
$1,569,000
—
2022
$15,114
21%
$1,569,000
27%
2021
$12,511
—
$1,238,000
17%
2021
$12,511
11%
$1,056,000
11%
2020
$11,225
17%
$953,000
13%
2019
$9,600
-11%
$844,000
10%
2018
$10,837
12%
$770,000
12%
2017
$9,714
2%
$690,000
6%
2016
$9,529
10%
$648,000
7%
2015
$8,702
7%
$606,000
18%
2014
$8,150
—
$512,000
—
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 Mona Zhang | WeLakeside | (425) 246-1453

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    Total Baths
  • 3,510
    Sq. Ft.
Listed by PJ McGuire
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    Sq. Ft.
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5112 SW 311th Place, Federal Way, WA 98023 (MLS# 2580516) is a Single Family property with 3 bedrooms, 1 full bathroom and 2 partial bathrooms. 5112 SW 311th Place is currently listed for $1,650,000 and was received on September 09, 2026. Want to learn more about 5112 SW 311th Place? Do you have questions about finding other Single Family real estate for sale in Federal Way City Center? You can browse all Federal Way City Center real estate or contact a Coldwell Banker agent to request more information.

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