Welcome to this beautifully updated 4-bedroom, 2.5-bath home nestled on a spacious corner lot in a highly sought-after neighborhood. Surrounded by mature trees, this residence offers an inviting blend of indoor and outdoor living. Step inside to soaring vaulted ceilings and a cozy wood burning fireplace in the expansive living room, where large windows fill the space with natural light. The gourmet kitchen is a chef’s delight, featuring rich wood cabinetry with soft close drawers, granite countertops, stainless steel appliances, and a large island with seating that seamlessly connects to the dining area. Adjacent family room provides flexible space for relaxing or entertaining. Retreat to the primary suite with double closets, private ensuite, and direct access to the beautiful back deck. Three generously sized additional bedrooms can also be used for a home office, or hobbies. There is also a bonus/flex room. Enjoy laminate hardwood floors, designer fixtures, energy-efficient windows, and a newly insulated crawl space and attic. Outside, a huge backyard deck is perfect for gatherings, complemented by a fully fenced yard and oversized two-car detached garage/shop. Upgrades include AC, tankless water heater, and an enhanced electrical panel. Conveniently located near schools, shopping, restaurants, and easy freeway access. Don’t miss out on this exceptional opportunity to call this remarkable property your home!
Property Details
Price:
$664,950
MLS #:
NWM2507748
Status:
Active
Beds:
4
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
5 Mile Lake
Neighborhood:
100jovitawesthill
Listed Date:
Apr 16, 2026
Finished Sq Ft:
2,110
Total Sq Ft:
2,110
Lot Size:
12,540 sqft / 0.29 acres (approx)
Year Built:
1940
See this Listing
Schools
School District:
Federal Way
Elementary School:
Rainier View Elem
Middle School:
Buyer To Verify
High School:
Buyer To Verify
Interior
Bathrooms
1 Full Bathroom, 1 Three Quarter Bathroom, 1 Half Bathroom
Cooling
Central Air
Fireplaces Total
1
Heating
Forced Air
Interior Features
Bath Off Primary, Dbl Pane/Storm Window, Fireplace, High Tech Cabling, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater
Levels
One
Main Level Bathrooms
3
Main Level Bedrooms
4
Exterior
Construction Materials
Wood
Covered Spaces
2
Direction Faces
East
Exterior Features
Wood
Lot Features
Corner Lot, Paved
Parking Features
Detached Garage, RV Parking
Parking Spots
4
Parking Total
4
Roof
Composition
Security Features
Fully Fenced
View
Territorial
Financial
Tax Year
2025
Taxes
$6,439
Map
Community
- Address3131 S 368th Street Federal Way WA
- Subdivision5 Mile Lake
- CityFederal Way
- CountyKing
- Zip Code98003
Subdivisions in Federal Way
- Adelaide
- Alderbrook
- Alderdale
- Buenna
- Campus Estates
- Campus Highlands
- Central Federal Way
- Dash Point
- Dumas Bay
- Enchanted Village
- Federal Way
- Jovita
- Killarney
- Lake Killarney
- Lakota
- Laurelwood
- Madrona
- Marine Hills
- Marine View Park
- Mirror Lake
- North Lake
- Northshore
- Panther Lake
- Redondo
- Regency Woods
- S Federal Way
- Star Lake
- Steel Lake
- Tacoma
- Twin Lakes
- Wedgewood
- West Campus
- West Hill
Market Summary
Current real estate data for Single Family in Federal Way as of Apr 17, 2026
174
Single Family Listed
52
Avg DOM
344
Avg $ / SqFt
$799,616
Avg List Price
Property Summary
- Located in the 5 Mile Lake subdivision, 3131 S 368th Street Federal Way WA is a Single Family for sale in Federal Way, WA, 98003. It is listed for $664,950 and features 4 beds, 3 baths, and has approximately 2,110 square feet of living space, and was originally constructed in 1940. The current price per square foot is $315. The average price per square foot for Single Family listings in Federal Way is $344. The average listing price for Single Family in Federal Way is $799,616. To schedule a showing of MLS#nwm2507748 at 3131 S 368th Street in Federal Way, WA, contact your Best in the West agent at 206-351-5550.
Similar Listings Nearby
Courtesy of Person Real Estate Group LLC. Disclaimer: Based on information submitted to the MLS GRID as of Apr-16-2026 7:30:09 pm. 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.Copyright 2026. All rights reserved.
3131 S 368th Street
Federal Way, WA


