For sale Condo

Listed Aug 28, 2026

$398,800 Est. $2,638/mo

1018 South 312th Street #531

  • 3

    Beds

  • 2

    Baths

The story

  • Waterfront

Unit #531 at 1018 South 312th Street is a 3-bedroom, 2-bathroom, three-story condo in Federal Way, WA, built in 1980. It is currently listed at $398,800, with a monthly HOA fee of $653. Highlights include a waterfront setting.

Welcome to this spacious and well laid out 3 bedroom, 2 bathroom home offering comfort, convenience, and a truly serene view.Love to cook? This kitchen is a dream, featuring unmatched custom pullout cabinets that maximize storage, organization, and functionality. You’ll love the central island that opens into the living room with it's vaulted ceilings and massive windows. The spacious primary bedroom includes a custom IKEA closet system, offering exceptional storage in addition to the built in closets in the en suite bathoom. One of the extra bedrooms features a convenient Murphy bed, providing the flexibility to use the room as a comfortable guest space, home office, or multipurpose room. The cherry on top is stepping outside onto your deck to enjoy your personal lake view. This makes an ideal backdrop for relaxing, entertaining, or simply enjoying your morning coffee. Parking is never a concern with TONS of guest spots available, making it easy to host friends. The location is hard to beat, with easy access to freeways, shopping, parks, and the airport.

Facts & features

Home type

Condo

Year built

1980

Floors

3

HOA

$653 / monthly

Included features

  • Heating

    Baseboard

  • Appliances

    Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Washer

  • Flooring

    Laminate, Vinyl, Carpet

  • Roof

    Composition

  • Lot Information

    Curbs, Dead End Street, Open Space, Paved, Sidewalk

  • Exterior

    Stucco, Wood

Mortgage calculator

Estimated monthly payment

$2,638 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $2,123
  • Property tax $399
  • Insurance $116

Includes principal, interest, taxes & insurance.

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Listing Broker

COMPASS

Broker Name

COMPASS

Agent

Robin D Nichols