LKV Realty
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Daniel BaralKeller Williams North Seattle
$699,950
Federal Way, WA 98003Listing ID 2551807

Federal Way, WA 98003

Active
Mirror Lake
Last updated: Aug 9, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
5
Bathrooms
Bathrooms
2
Square Feet
Square Feet
1,750
Acres
Acres
0.23
Cooling
Cooling
Forced Air
Heating
Heating
90%+ High Efficiency, Baseboard
Year Built
Year Built
1961
Parking
Parking
Driveway, Attached Garage, Off Street

This property meets all of the legal requirements to operate an adult family home business, with one through six residents, but it has capacity for up to eight (two single rooms and three doubles). The sale conveys the lease agreement with the tenant. AFH business is separately for sale, listed in business opportunity, (MLS 2562632). Owner prefers to sell jointly. Business sale includes the State of Washington business license, 1 or 2 residents, and 1 or 2 temporary licensed staff. Annual gross sales accounts from a 50% occupancy capacity. The income-generating rambler sits on a 10,000 plus square-foot lot in the Mirror Lake community in Federal Way. The owner spent nearly $100,000 to renovate the property: updated the bathrooms, added two additional bedrooms, and turned the one-car garage into a laundry and storage room. The business home features: ADA accessible ramps at both entrances; hardwood floors and carpets throughout; a wood fireplace and an enormous street-facing window in the living room, with an open-dividing wall between it and the kitchen and dining room; wooden cabinets; French doors that open to a manicured PNW yard; and a master bedroom with a half ensuite. All appliances convey with the home, including: Kenmore Elite induction stove, Samsung fridge, washer and dryer, a wooden dining table, and some medical equipment and state-of-the-art medical beds.

Property Information

Property Details

Location

County
King
City
Federal Way
Zip Code
98003
Subdivision
Mirror Lake
School District
Federal Way
High School
Buyer To Verify
Elementary School
Buyer To Verify
MLS Area
110 - Dash Point/Federal Way

Interior Features

Beds and Baths

Bedrooms
5
Main Level Bedrooms
5
Full Bathrooms
1
Half Bathrooms
1

Building

Building Information

Square Feet
1,750
Year Built
1961
Construction
Wood
Foundation
Block
Roof
Composition

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$5,496
Tax Year
2026
Source: Northwest Multiple Listing Service
Northwest Multiple Listing Service logo

Based on information submitted to the MLS GRID as of 17 Aug 2026, 07:17 PM UTC. 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. Some IDX listings have been excluded from this website. IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed by MLS GRID. 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. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.

For corrections to this data please contact Brytecore MLS Support.

NWM154233

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