Discover this inviting rambler in Federal Way’s sought-after Steel Lake Estates. With 3 bedrooms, 1 bath, and original hardwood floors, it offers timeless character paired with everyday comfort. A cozy wood-burning fireplace makes the living room the heart of the home, while the attached garage with workbench adds function. Step outside to a spacious, partially fenced backyard—ideal for gardening, play, or outdoor entertaining. Close to Steel Lake Park, shopping, dining, I-5 and the airport, this location blends convenience with a peaceful neighborhood feel. With the future light rail service (Dec 2025) nearby, this home is a smart choice for first-time buyers, downsizers, or anyone seeking lasting value.
Property Details
Price:
$499,950
MLS #:
NWM2435994
Status:
Active
Beds:
3
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Steel Lake
Neighborhood:
110dashpointfederalway
Listed Date:
Sep 25, 2025
Finished Sq Ft:
1,000
Total Sq Ft:
1,000
Lot Size:
7,668 sqft / 0.18 acres (approx)
Year Built:
1968
See this Listing
Schools
School District:
Federal Way
Interior
Appliances
Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Bathrooms
1 Full Bathroom
Cooling
Forced Air
Fireplaces Total
1
Flooring
Hardwood
Heating
Forced Air
Exterior
Construction Materials
Cement Plank
Exterior Features
Cement Planked
Parking Features
Attached Garage
Parking Spots
1
Roof
Composition
Financial
Tax Year
2024
Taxes
$4,228
Map
Community
- Address2031 S 301st Place Federal Way WA
- SubdivisionSteel Lake
- CityFederal Way
- CountyKing
- Zip Code98003
Subdivisions in Federal Way
- Adelaide
- Alderbrook
- Alderdale
- Buenna
- Campus Estates
- Campus Highlands
- Central Federal Way
- Dash Point
- Dumas Bay
- Enchanted Village
- Federal Way
- Jovita
- Killarney
- Lake Killarney
- Lakota
- Laurelwood
- Madrona
- Marine Hills
- Marine View Park
- Mirror Lake
- North Lake
- Northshore
- Panther Lake
- Redondo
- Regency Woods
- S Federal Way
- Star Lake
- Steel Lake
- Tacoma
- Twin Lakes
- Wedgewood
- West Campus
- West Hill
Market Summary
Current real estate data for Single Family in Federal Way as of Nov 05, 2025
160
Single Family Listed
85
Avg DOM
351
Avg $ / SqFt
$783,601
Avg List Price
Property Summary
- Located in the Steel Lake subdivision, 2031 S 301st Place Federal Way WA is a Single Family for sale in Federal Way, WA, 98003. It is listed for $499,950 and features 3 beds, 1 baths, and has approximately 1,000 square feet of living space, and was originally constructed in 1968. The current price per square foot is $500. The average price per square foot for Single Family listings in Federal Way is $351. The average listing price for Single Family in Federal Way is $783,601. To schedule a showing of MLS#nwm2435994 at 2031 S 301st Place in Federal Way, WA, contact your Best in the West agent at 206-351-5550.
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Listing courtesy of John L. Scott, Inc.The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. This site was last updated Nov-04-2025 11:30:52 pm. © 2025 NWMLS.
2031 S 301st Place
Federal Way, WA


