See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

29903 Marine View Drive SW, Federal Way, WA, 98023

4beds
3baths
2,950sqft
$1,750,000
$593price/sqft
$10,856/moest. monthly cost
$434,240/yrincome needed

About This Home

This isn't just a home; it’s a lifetime of waterfront memories waiting to happen.This vibrant 4-bedroom home is a sanctuary for those who crave a deep connection to the water, offering a front-row seat to the best of Puget Sound living. A paved walkway makes enjoying your 88 feet of sandy beach ,with bulkhead, incredibly smooth and easy. With deeded tideland rights included, this stretch of sand is yours to cherish. Spend your days launching paddleboards or small watercraft from your private landing pad, keeping a watchful eye out for whales breaching on the horizon, or simply winding down against a dramatic backdrop of sunset views over the Olympic Mountains.The heart of the home is designed for shared moments, offering a cozy eat-in kitchen and a light-filled view dining room opening to the incredible view deck.Spacious living room with never ending views add to the charm. The upstairs primary offers scenic views ,a retreat where you can fall asleep to the calming sounds of the waves along the beach. 3 bedrooms complete the upper level. The lower level,features a large secondary primary bedroom, providing the ideal setup for multi-generational living or guest privacy. The home is completely ready for you to move in immediately, giving you the freedom to comfortably live on the water while transforming the vintage interior into your personal masterpiece. End your evenings exploring the large lot's beautiful gardening areas. An opportunity of a lifetime.

Getting Around

3
WalkingCar-Dependent
20
TransitMinimal Transit
2
BikeSomewhat Bikeable

Schools

4/10
5/10
Lakota Middle SchoolGrades 6-81.1 mi
4/10
Decatur High SchoolGrades 9-121.5 mi

Construction

Condition

  • Year built: 1964

Materials

  • Construction materials: Brick,Wood Siding

Notable Dates

  • Major remodel year: 1964

Type & Style

  • Home type: SingleFamily
  • Architectural style: 1 Story w/Bsmnt.
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Refrigerator,Stove(s)/Range(s),Dishwasher(s),Refrigerator(s)

Basement

  • Has basement: Yes
  • Basement: Finished

Bathroom Full

  • Level: Main

Bathroom Three Quarter

  • Level: Main

Bathroom Three Quarter

  • Level: Lower

Bedroom

  • Level: Main

Bedroom

  • Level: Main

Bedroom

  • Level: Lower

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 1
  • 3/4 bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Bonus Room

  • Level: Lower

Dining Room

  • Level: Main

Entry Hall

  • Level: Main

Features

  • Bath Off Primary,Dining Room
  • Window features: Dbl Pane/Storm Window
  • Flooring: Hardwood,Laminate,Stone
  • Number of fireplaces: 2
  • Fireplace features: Wood Burning,Lower Level: 1,Main Level: 1,Fireplace
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Fireplace,Forced Air,Electric,Oil
  • Cooling features: None

Interior Area

  • Total structure area: 2,950
  • Total interior livable area: 2,950 sqft

Kitchen With Eating Space

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Utility Room

  • Level: Lower

Property

Details

  • Parcel number: 0121039120
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Main
  • Patio & porch: Bath Off Primary,Dbl Pane/Storm Window,Dining Room,Fireplace
  • Has view: Yes
  • View description: Mountain(s),Sea,Sound,Strait
  • Has water view: Yes
  • Water view: Sea,Sound,Strait
  • On waterfront: Yes
  • Waterfront features: Medium Bank,Bulkhead,Sea,Sound
  • Frontage length: Waterfront Ft: 88
  • Residential vegetation: Garden Space

Lot

  • Lot size: 0.65 Acres
  • Features: Cul-De-Sac,Dead End Street,Open Lot,Secluded,Deck,Outbuildings,Patio,RV Parking

Parking

  • Total spaces: 2
  • Parking features: Attached Garage,RV Parking
  • Has garage: Yes
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Heat Wave

FEMA Declared Disasters in King County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $8,848$106,176
Home Insurance *$402$4,824
Property Taxes $1,405$16,860
Electricity $201$2,421
Total$10,856$130,272
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$372,205/yr
40% on housing$325,680/yr
45% on housing$289,493/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$593This listing

vs Other Active Listings

Avg $/sqft

ZIP 98023$299
King County$442

vs Homes Sold Last Month

Median $/sqft

ZIP 98023$319
King County$485

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-11Listed for sale$1,599,000

For Sale by Agent

AgentKathleen Filbert
BrokerageRSVP Brokers ERA

Similar Homes