Lake Geneva Opportunity

3824 S 348th St
Auburn, WA 98001
$1,100,000
0 BEDS
0 BATHS
0 SQ FT
0 LOT SIZE

  Open House

Saturday, Apr 25, 2026
1:00 PM to 3:00 PM

 Driving Directions

  Offer Review Date

Wednesday, Apr 29, 2026 at 10:00 AM

 Schedule Showing

Lake Geneva Opportunity

MLS: 2509563

A Once-in-Generations Lake Geneva Opportunity

Opportunities like this rarely come along. Offered for the first time after approximately three generations of ownership, this exceptional Lake Geneva property is more than just a home — it is a rare legacy estate with 100 feet of no to low-bank waterfront, a gated 1.349-acre double lot, and a setting that balances privacy, recreation, convenience, and long-term potential in a way that is incredibly difficult to find.

Set on one of the largest properties on Lake Geneva, this north-facing home is tucked at the end of a dead-end street with minimal traffic, creating a peaceful and private atmosphere while still being remarkably close to everyday amenities. Located roughly half a mile from both I-5 and SR 167, the property offers an uncommon blend of retreat-like living and commuter convenience, with Auburn and Federal Way just minutes away.

The waterfront experience here is what truly sets the property apart. With 100 feet of shoreline and no to low-bank access, the lake is easy to enjoy in a real, everyday way. The beach area is level and welcoming, making swimming, lounging, and gathering by the water feel effortless. A 16' x 20' concrete float with a 36' catwalk extends your enjoyment onto the lake, while electric motors are allowed for peaceful cruising, paddling, and low-wake recreation. Lake Geneva itself is spring-fed, reaches depths of up to 46 feet, and spans approximately 27 acres, known for its calm, clear water and warm summer enjoyment.

The outdoor spaces have been designed to make the most of this special setting. A lakeside gazebo with storage, underground power, and an outdoor kitchen creates an ideal hub for entertaining or unwinding at the water’s edge. There is also a patio and firepit at the gazebo, an additional lakeside firepit, and a waterproof deck complete with a hot tub and BBQ awning — all designed to help you enjoy the property from sunrise to sunset. Whether the day calls for hosting friends, watching the water, or simply relaxing in privacy, the setting supports it beautifully.

Beyond the waterfront, the grounds offer exceptional flexibility and function. The property is fully fenced and gated, with a drive-through turnaround, a large parking area, and a designated parking pad. A detached garage with separate windows and doors adds versatility, while the removable RV carport and multiple outbuildings provide additional room for storage, hobbies, equipment, or future needs. Established landscaping includes blueberry trees, pear and apple trees, grapes, and other mature fruit trees that add both beauty and character to the setting.

Inside, the home offers a flexible floor plan that can adapt to a range of lifestyles. The downstairs den provides the potential for a fourth bedroom, home office, guest space, or flex room. The basement is plumbed for a future shower or bath expansion, offering added upside for future customization. Upstairs was remodeled around 2014, and the home is wired for surround sound with built-in speakers, adding comfort and convenience to daily living.

One of the most exciting aspects of the property is the land itself. The 1.349-acre double lot includes two separate lots, with sewer stubs on lots and one lot identified as buildable with recorded easements in place. This opens the door to future development potential, expansion opportunities, or multigenerational living possibilities, subject to buyer verification. For those looking not only for a beautiful waterfront property but also for flexibility and long-term upside, this offering is especially compelling.

The lifestyle here extends beyond Lake Geneva alone. Positioned near Lake Killarney Park, the home also benefits from immediate access to a second lake experience, including a public boat launch, public beach, and additional recreation opportunities. This creates a rare two-lake lifestyle that is hard to replicate — peaceful waterfront living at home, with expanded outdoor enjoyment just steps away. Paddle one lake, fish the other, and enjoy a setting that brings together tranquility, recreation, and community in one unique location.

For buyers seeking a property with history, scale, privacy, waterfront, land, and future potential, this is the kind of opportunity that seldom reaches the market. It is a place to enjoy now, invest in for the future, and hold onto for generations to come.

Live the Lake Lifestyle — and Then Some

Life here is centered around water, land, and the freedom to actually enjoy both. Start the morning with coffee overlooking the lake, spend the afternoon swimming or cruising the shoreline, and end the day around the firepit or under the BBQ awning with friends and family. The calm water, no to low-bank access, and spacious grounds make this property feel easy to use and easy to love.

Lake Geneva offers a quieter, more tucked-away feel than many larger lakes, with clear spring-fed water, comfortable summer conditions, and a welcoming neighborhood atmosphere. It is well-suited for kayaking, paddleboarding, canoeing, and electric boating, creating a peaceful, low-traffic waterfront experience.

Then there is Lake Killarney, just next door. With nearby public access, boat launch, beach, and additional recreation options, the property offers the unique benefit of living between two lakes. It is an outdoor lifestyle that feels rare not just in the immediate neighborhood, but in all of South King County.

Rare Land, Real Flexibility 

Waterfront alone is hard to find. Waterfront paired with a 1.349-acre double lot is even rarer. This property offers meaningful space to spread out, entertain, park, store, and plan for the future. With two separate lots, sewer stubs on lots, and one lot identified as buildable with recorded easements in place, the property presents intriguing possibilities for expansion, multigenerational living, or future development. Buyers should verify all development feasibility to their satisfaction, but the opportunity here is clear.

Built for Enjoyment

The outdoor features make this property feel complete:

100' of no to low-bank waterfront

Level beach area for easy swimming

16' x 20' concrete float with 36' catwalk

Lakeside gazebo with storage, underground power, and outdoor kitchen

Patio and firepit at the gazebo

Additional lakeside firepit

Waterproof deck with hot tub and BBQ awning

Detached garage

Removable RV carport

Multiple outbuildings and storage areas

Large parking area plus designated parking pad

Fully fenced and gated grounds with drive-through turnaround

Mature fruit trees, grapes, and established landscaping

Private Feel, Practical Access

Despite its peaceful setting, this property is surprisingly connected. Tucked on a quiet dead-end street with minimal traffic, it remains just about half a mile from I-5 and SR 167, offering quick access north, south, and east. Auburn and Federal Way amenities are nearby, making shopping, dining, services, and commuting easy without sacrificing the quiet, residential character that makes the setting so special.

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Location

3824 S 348th St
Auburn, WA 98001

 Driving Directions

10500 NE 8th St #1450
Bellevue, WA 98004