5118 SW 311 Place, Federal Way, WA 98023 (MLS # 2515671)

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Listing provided courtesy of Northwest MLS; John L. Scott, Inc.

PRICE $1,025,000
BEDS 4
BATHS 2
HOME SIZE 2,020 sqft
LOT SIZE 15,682 sqft

Perched to capture sweeping, unobstructed panorama views of Puget Sound, this iconic Pacific Northwest retreat is ready for its next chapter. Offered in its original condition, this home is ideal for buyers seeking a chance to renovate, restore, or reimagine a view property into their dream residence. Solid bones, timeless character, and endless potential make this a standout investment opportunity. The expansive unfinished 1,280 sq ft basement adds exceptional flexibility and value, ideal for a workshop, studio, wine cellar, fitness space, storage, or future expansion. Existing plumbing for an additional bathroom opens the door to even more possibilities. Enjoy seamless indoor-outdoor living with a spacious view deck, perfect for entertaining, relaxing, or morning coffee, soak in the incredible scenery year-round. Conveniently located with easy access to light rail (5 miles), Seattle/Tacoma airport (15 miles), shopping, parks, and commuter routes, this home offers a rare combination of peaceful living and unbeatable accessibility.

LAST UPDATED 4/29/2026 TRACT Dash Point
YEAR BUILT 1972 COMMUNITY Dash Point
COUNTY King STATUS Active
PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Buyer To Verify
Jr. High School Buyer To Verify
High School Buyer To Verify


ADDITIONAL DETAILS
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Double Oven, Dryer, Electric Water Heater, Refrigerator, Washer, Water Heater
AREA 110 - Dash Point/Federal Way
BASEMENT Daylight, Unfinished, Yes
CONSTRUCTION Stone, Wood Siding
FIREPLACE Yes
HEAT Electric, Forced Air
INTERIOR Dbl Pane/Storm Window, Fireplace, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater
LOT 0.36 acre(s)
LOT DESCRIPTION Paved, Sidewalk
MLS STATUS Active
PARKING Attached Carport
SEWER Septic Tank
STORIES 2
STYLE 18 - 2 Stories w/Bsmnt
SUBDIVISION Dash Point
TAXES 3753
VIEW Yes
VIEW DESCRIPTION Mountain(s), Ocean
WATER Public

SATELLITE VIEW



 
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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 4/30/26 6:42 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.

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