704 S 314th Street Federal Way, WA 98003
Listing Courtesy of: MLS LogoNorthwest MLS as distributed by MLS GRID / Listed By: Petru Mihaluta, Windermere Real Estate South Sound, Inc.

  704 S 314th Street Federal Way, WA 98003

Active (3 Days)
$392,000 (USD)
3
BED
2
BATH
1,150
SQFT

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!

MLS #:
2602192
Taxes
$4,076(2026)
Lot Size
8,337 SQFT
Type
Single-Family Home
Building Name
Mirror Lake East
Year Built
1950
Style
1 Story
School District
Federal Way
County
King County
Community
Mirror Lake

Listed By

Petru Mihaluta, Windermere Real Estate South Sound, Inc.
Source
Northwest MLS as distributed by MLS Grid
Last checked Nov 10 2026 at 1:59 PM GMT+0000
Bathroom Details
  • 3/4 Bathroom: 1
  • Half Bathroom: 1
Interior Features
  • Microwave
  • Refrigerator
  • Dryer
  • Washer
  • Stove(s)/Range(s)
Subdivision
  • Mirror Lake
Lot Information
  • Corner Lot
  • Curbs
  • Sidewalk
  • Paved
Property Features
  • Fireplace: 0
  • Foundation: Pillar/Post/Pier
Heating and Cooling
  • Forced Air
Flooring
  • Vinyl
  • Carpet
  • Vinyl Plank
Exterior Features
  • Wood Products
  • Roof: Composition
Utility Information
  • Sewer: Sewer Connected
  • Fuel: Electric, Natural Gas
School Information
  • Elementary School: Mirror Lake Elem
  • Middle School: Sacajawea Jnr High
  • High School: Federal Way Snr High
Parking
  • Driveway
  • Attached Carport
Stories
  • 1
Living Area
  • 1,150 sqft
Additional Listing Info
  • Buyer Brokerage Compensation: 3.0
Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
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Disclaimer: IDX information is provided exclusively for consumers' personal, noncommercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. 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.
Based on information submitted to the MLS GRID as of 11/10/2026 13:59. 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.