Listing Provided Courtesy of Skyline Properties, Inc.Exceptional opportunity in Federal Way! This spacious, well-maintained 5-bedroom, 2-bath home is situated in a desirable, established neighborhood and offers outstanding lifestyle and investment potential. Currently operated as an Adult Family Home, the business will no longer be active soon. The property features a functional layout well suited for continued care use or flexible multigenerational living. The garage includes a dedicated caregiver’s room with its own bathroom, providing added privacy and convenience. The existing setup offers a strong foundation for a future operator. The home is WABO-ready and connected to sewer. Conveniently located near shopping, dining, transportation, and other amenities.
Property Details
Price:
$695,950
MLS #:
NWM2563864
Status:
Pending
Beds:
6
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Steel Lake
Neighborhood:
110dashpointfederalway
Listed Date:
Aug 11, 2026
Finished Sq Ft:
1,740
Total Sq Ft:
1,740
Lot Size:
6,400 sqft / 0.15 acres (approx)
Year Built:
1976
See this Listing
Schools
School District:
Federal Way
Elementary School:
Buyer To Verify
Middle School:
Buyer To Verify
High School:
Buyer To Verify
Interior
Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
Forced Air
Heating
Forced Air
Levels
One
Main Level Bathrooms
2
Main Level Bedrooms
5
Exterior
Attached Garage YN
1
Construction Materials
Wood
Covered Spaces
2
Exterior Features
Wood Products
Parking Features
Attached Garage
Parking Spots
2
Parking Total
2
Roof
Tile
Financial
Tax Year
2025
Taxes
$5,552
Map
Community
- Address Federal Way WA
- SubdivisionSteel Lake
- CityFederal Way
- CountyKing
- Zip Code98023
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 Sep 13, 2026
258
Single Family Listed
65
Avg DOM
352
Avg $ / SqFt
$788,604
Avg List Price
Property Summary
- Located in the Steel Lake subdivision, Federal Way WA is a Single Family for sale in Federal Way, WA, 98023. It is listed for $695,950 and features 6 beds, 3 baths, and has approximately 1,740 square feet of living space, and was originally constructed in 1976. The current price per square foot is $400. The average price per square foot for Single Family listings in Federal Way is $352. The average listing price for Single Family in Federal Way is $788,604. To schedule a showing of MLS#nwm2563864 at in Federal Way, WA, contact your Best in the West agent at 206-351-5550.
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© 2026 Northwest Multiple Listing Service as distributed by MLS GRID.
represents listings courtesy of NWMLS. Listed by Skyline Properties, Inc..
Disclaimer: Based on information submitted to the MLS GRID as of Sep-12-2026 7:41:24 pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.
Copyright 2026. All rights reserved.
represents listings courtesy of NWMLS. Listed by Skyline Properties, Inc..Disclaimer: Based on information submitted to the MLS GRID as of Sep-12-2026 7:41:24 pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.
Copyright 2026. All rights reserved.
Federal Way, WA