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No HOA
Street View
Listed by: Petru Mihaluta (425) 505-0595 | Windermere RE South Sound, Inc (253) 838-8900
$392,000
Monthly Est:$1,951
3 Beds
3 Baths2 full baths + 1 half bath
1,150sqft
704 S 314th Street, Federal Way, WA 98003
$392,000
$1,951/moEst:
Get Pre-Approved
Single Family Residence
Built in 1950
$-- HOA
8,337 sqft lot
$341/sq.ft
Description
BIG CORNER LOT, NO HOA, AND INCREDIBLE POTENTIAL AT $392,000! Bring your vision to this 3-bedroom Federal Way rambler offering approximately 1,150 sq ft of single-level living on a generous 8,337 sq ft corner lot in the established Mirror Lake neighborhood. The functional floor plan includes a comfortable living room with attractive wood-look flooring, a kitchen with adjoining dining space, and a versatile bonus room perfect for a home office, hobbies, or additional living space. The home features a refreshed ¾ bath with a tiled walk-in shower, plus a convenient second half bath. Outside, enjoy an expansive yard with plenty of room for gardening, landscaping, outdoor activities, and future improvements, subject to applicable approvals. A covered carport, driveway parking, and additional storage add everyday convenience. Located directly across from Mirror Lake Elementary School, with convenient access to shopping, dining, and major commuter routes. This property offers a fantastic opportunity for a handy buyer ready to make improvements, personalize the home, and build value over time. The generous lot, flexible layout, and freedom of NO HOA offer exciting possibilities. Bring your ideas, imagine what this property could become, and schedule your private showing today!
- Houzeo last checked: 9 minutes ago
- Listing updated: November 9, 2026 at 3:42 am
- Source: Northwest Multiple Listing Service as distributed by MLS GRID | MLS#: NWM2602192
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
--
Year Built
1950
HOA Fees
-
Finished Area
1,150 sqft
Lot Size
8,337 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service as distributed by MLS GRID
MLS Number
NWM2602192
MLS Status
Active
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 3
Bonus Room
Level: Main
Kitchen With Eating Space
Level: Main
Living Room
Level: Main
Primary Bedroom
Level: Main
Bathroom Half
Level: Main
Bathroom Three Quarter
Level: Main
Bedroom
Level: Main
Bedroom
Level: Main
Interior
Flooring
Vinyl, Vinyl Plank, Carpet
Sewer
Sewer Connected
Cooling
None
Heating
Forced Air
Appliances
Dryer, Microwave, Refrigerator, Stove(s)/range(s), Washer
Exterior Features
Wood Products
Construction
Year Built
Year Built: 1950
Home type
Single Family Residence
Property Condition
Good
Foundation Details
Pillar/post/pier
Roof
Composition
Construction Materials
Wood
Utilities & Energy
Parking Features
Attached Carport, Driveway
Water Source
Public
Other Features
Subdivision Name
Mirror Lake
Lot Features
Corner Lot, Curbs, Paved, Sidewalk
Price History
| Date | Event | Price |
|---|---|---|
11/09/2026 Source: | Listed for Sale | $392,000 $341/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Nov 09, 2026, 07:16AM. 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.
IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2026 Northwest Multiple Listing Service. All Rights Reserved.
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