3118 S 337th Street, Federal Way, WA 98001 (MLS # 2569988)

Save to Favorites
 Print
 Share
Listing provided courtesy of Northwest MLS; Keller Williams Realty PS

PRICE $1,199,950
BEDS 2
BATHS 1.75
HOME SIZE 1,160 sqft
LOT SIZE 31,921 sqft
Request More Info Schedule a Showing
Exceptional North Lake waterfront opportunity! This unique offering includes three waterfront parcels totaling 31,319 SF, all sold together. The fully remodeled 2-bedroom, 1.75-bath home sits on one parcel with 60 feet of coveted lake frontage, while the two additional parcels provide approximately 45 feet of combined frontage and potential for future development, subject to buyer verification and applicable requirements. Enjoy waterfront living with serene lake views, fishing, boating, spectacular sunsets, and your own private dock. This desirable rambler features vaulted ceilings, a bright sunroom, private jacuzzi, custom-tiled bathrooms, durable laminate flooring, custom cabinetry, and new quartz countertops. The oversized heated two-car garage provides abundant space for vehicles, storage, lake toys, or a workshop. Previously operated as a successful Airbnb, the property offers exceptional flexibility as a primary residence, vacation home, or investment opportunity. Public sewer is located adjacent to all three parcels, offering potential flexibility for future development. Buyer to verify sewer availability, connection requirements, and development feasibility to their satisfaction. The existing home is currently served by septic. A rare opportunity to live, recreate, develop, or invest in a premier waterfront setting.

LAST UPDATED 8/18/2026 TRACT North Lake
YEAR BUILT 1942 COMMUNITY North Lake
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 Ceiling Fan(s), None
APPLIANCES Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer, Water Heater
AREA 100 - Jovita/West Hill
BASEMENT None
CONSTRUCTION Cement Siding
EXTERIOR Garden
FIREPLACE Yes
GARAGE Attached Garage, Yes
HEAT Electric, Forced Air, Natural Gas
INTERIOR Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, French Doors, Skylight(s), Vaulted Ceiling(s), Water Heater
LOT 0.7328 acre(s)
LOT DESCRIPTION Paved
MLS STATUS Active
PARKING Driveway, Attached, RV Access/Parking
SEWER Septic Tank
STORIES 1
STYLE 10 - 1 Story
SUBDIVISION North Lake
TAXES 5919
UTILITIES Cable Available, Sewer Available
VIEW Yes
VIEW DESCRIPTION Lake, Territorial
WATER Public
WATERFRONT Yes
WATERFRONT DESCRIPTION Lake, Waterfront

SATELLITE VIEW



 
CONTACT US ABOUT 3118 S 337TH STREET
 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Matt Klewin to contact you even if your name is on a Federal or State "Do not call List".

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 8/19/26 4:45 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.

DMCA Notice

  Logo

This IDX solution is (c) Diverse Solutions 2026.