Rockhood
$375,000List price
2 bed · 2 bath
Active

1014 S 312th Street #433 · Federal Way, WA 98003

Source: NWMLS · Icon Group · Josiah Toole #NWM2565774

About this home

Wake up each morning to peaceful water views and end your evenings watching the sun reflect across the lake from your private balcony. Beautifully positioned in one of the community's most desirable locations, this fully remodeled top-floor condo offers the perfect blend of comfort, style, and convenience. Step inside to soaring vaulted ceilings that create an airy, open feel, complemented by abundant natural light and stunning lake views. The designer kitchen has been completely transformed with quartz countertops, custom shaker cabinetry, subway tile backsplash, stainless steel appliances, and elegant finishes that make everyday living feel exceptional. Luxury vinyl plank flooring flows throughout the home, while beautifully updated bathrooms and contemporary fixtures create a polished, move-in-ready space. Even better, the home is being offered fully furnished with quality furnishings, making this an effortless opportunity for homeowners and investors alike. Already established as a successful Furnished Finder rental, this property offers immediate income potential while remaining an incredible place to call home. Outside your door, enjoy private lake access, beautifully landscaped grounds, a community clubhouse, swimming pool, and a lifestyle centered around relaxation and recreation. Whether you're searching for your next home, a weekend retreat, or a proven investment, this exceptional waterfront condo checks every box.

Location

Basics

Property type
Condominium
Style
Contemporary
Stories
1 story
Year built
1980
Building area
1,007 sq ft
Lot size
1,007 sq ft (0.02 acres)
County
King
MLS #
NWM2565774

Interior

Heating
Baseboard
Cooling
None
Flooring
Ceramic Tile, Laminate
Appliances
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
Fireplace
1 · Wood Burning
Interior features
Cooking-Electric, Dryer-Electric, Fireplace, Primary Bathroom, Top Floor, Vaulted Ceiling(s), Washer, Water Heater
Entry level
Main

Exterior & lot

Exterior features
Stucco, Wood
Roof
Composition
Lot features
Paved, Sidewalk
View
Lake, Territorial
Waterfront
No

Parking

Carport
Yes
Parking features
Carport

Utilities

Power
Electric, Wood

Community & fees

Subdivision
Federal Way
Community features
Athletic Court, Cable TV, Club House, High Speed Int Avail, Pool
HOA dues
$381/mo
Property tax
$3,620 (2025)

Transaction

Listed on
Aug 7, 2026
Days on market
44
Listing terms
Cash, Conventional, FHA, VA Loan
Possession
Closing

More homes nearby

Sale history

Earlier listings of this home on the MLS.

2020-08-27
Sold$260,000

Schools

School district: Federal Way

Elementary
Buyer To Verify
Middle
Buyer To Verify
High
Federal Way High School
SchoolDigger 1 star · Top 84% in WA

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Listing provided courtesy of: Icon Group

Listing agent: Josiah Toole.

Based on information submitted to the MLS GRID as of . 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 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. Information is deemed reliable but not guaranteed.

Data last updated 2026-08-09.