5 days on RocketTour
$10,000 Closing Credit¹
#2363619, Trevor Asay, Listing Office: Asay Realty
#2366080·
Listing office: Best Choice Realty LLC·
Listing agent: Cong Zhao·
Listing office phone: 206-886-3986
$1,599,900 List price
5112 SW 311th Pl Federal Way, WA 98023
$10,000
Closing credit¹
3 beds
1 full, 1 partial
2,640 sqft
1.6 acres
$606 / sqft
House
Property details
About 5112 SW 311th Pl
Exceptionally rare, very private & inviting urban oasis situated on a stunning 1.5 acres, with 125 feet of no bank waterfront! Lovely custom built home offers incredible views of Puget Sound, mountains & sunsets. Abundant view decks with amazing views! Elegant sunken living rm & dining rm with gracious beamed ceilings & grand fireplace. Floor to ceiling remodeling done a few years ago. New plumbing and electric system, new bathrooms and new kitchen…. Too many to list! New septic system. Separate cottage perfect for home office, multiple purpose area or guests. Lovely trail leads to an enchanting sandy beach & cabana. At low tide you can walk for miles.
Highlights
HeatingForced Air
StatusActive
CoolingCentral Air
Size2,640 sqft
Lot size1.5743 Acres
Year built1973
ParkingOff Street
MLS #2366080
FireplaceGas
ViewMountain(s), Sound
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Flooring Type: Ceramic Tile, Laminate
- Interior: Bath Off Primary, Ceramic Tile, Double Pane/Storm Window, Dining Room, Laminate, Walk-In Pantry
- Fireplace: Gas
- Total Bedroom Count: 3
- Attached Garage: No
- Parking: Off Street
- View: Mountain(s), Sound
- Exterior: Wood
- Heating: Forced Air
- Cooling: Central Air
- List Price: $1,599,900
- Price/SqFt: $606
- Annual Tax Amount: $15,114
- Tax Year: 2022
- Lot: Paved
- 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.
- Year Built: 1973
- Living Area: 2,640 SqFt
- Lot Size: 1.5743 Acres
- MLS Number: 2366080
- MLS Name: NWMLS
- Office Name: Best Choice Realty LLC
- Office Phone: (206) 886-3986
- Listing Agent: Cong Zhao
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
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. Properties displayed may be listed or sold by various participants in the MLS.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest Multiple Listing Service IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2025 Northwest MLS. All rights reserved.
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Disclaimer: Information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included. NorthwestMLS
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2025, 11:17:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,599,900
5112 SW 311th Pl
$10,000
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 09, 2021 | Home Sold | $1,000,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2022 | $1,569,000 | $15,114 |
| 2021 | $1,238,000 | $13,757 |
| 2020 | $1,056,000 | $12,511 |
| 2018 | $844,000 | $9,599 |
| 2017 | $770,000 | $10,836 |
History based on county public records data.
Nearby schools
7
Twin Lakes Elementary School
Public District KG-5
0.7 mi
•4400 SW 320th St
5
Green Gables Elementary School
Public District KG-5
1.1 mi
•32607 47th Ave SW
2
Olympic View Elementary School
Public District KG-5
1.8 mi
•2626 SW 327th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $64,919. Most Federal Way, WA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
27%
<35k
49%
35k-100k
21%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
43%
Single, No Kids
14%
Single, with Kids
28%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
8%
12-17 yrs old
24%
18-34 yrs old
41%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Symphony or Opera
Pro Wrestling
Hiking/backpacking
Where do the neighbors shop?
Chico's
Burlington
Nordstrom Rack
Where do the neighbors go to eat?
Boston Market
Cicis Pizza
Chipotle
What do the neighbors drive?
Volvo
Pontiac
Mazda
What do the neighbors listen to?
Talk/Personality
Urban Contemporary
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5112 SW 311th Pl
The listing price of 5112 SW 311th Pl property is $1,599,900.
The property 5112 SW 311th Pl is a house located in Federal Way, Washington, 98023.
Active Listing: 5112 SW 311th Pl is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5112 SW 311th Pl are: Twin Lakes Elementary School (GreatSchools Rating 7/10), Green Gables Elementary School (GreatSchools Rating 5/10), Olympic View Elementary School (GreatSchools Rating 2/10), Meeker Middle School (GreatSchools Rating 4/10), Lakota Middle School (GreatSchools Rating 3/10), TAF Academy at Saghalie (GreatSchools Rating 2/10), Decatur High School (GreatSchools Rating 3/10), Federal Way High School (GreatSchools Rating 3/10), Federal Way Public Academy (GreatSchools Rating 10/10).
According to the records, the last property tax for 2022 is $15,114 (source: MLS/based on county public records data).
The last sale was on April 9, 2021 for $1,000,000 (source: MLS/tax record).
The property at 5112 SW 311th Pl has 3 bedrooms and 1 full and 1 half bathrooms.
The property 5112 SW 311th Pl is 2,640 SqFt (source: MLS/tax record).
The year of construction for 5112 SW 311th Pl is 1973.
This home is located at 5112 SW 311th Pl in Federal Way, WA and zip code 98023 in the Healy Palisades neighborhood. This 2,640 square foot home, which was built in 1973, sits on a 1.57 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 26, 2025 and is currently priced at $1,599,900.
While more than 24 listings in Federal Way, WA in March 2025 were sold above asking price, there were more than 23 listings sold at asking price, and more than 24 were sold below. The inventory of homes for sale in Federal Way, WA between February and March 2025 increased by 11.8%. In March 2025 median list price was $600,250 and the average listing age was 51 days.
From Rocket Homes Real Estate and based on county public records data.