RAMBLER. SHOP. POTENTIAL.Why pay for someone else’s remodel when you can create the one you actually want? First time on the market in 58 YEARS, this mid-century rambler in Federal Way sits on a sunny ¼-acre corner lot and offers the kind of opportunity buyers keep hoping to find. The home has great bones, a flexible layout, and plenty of livable space while you update over time. Three bedrooms are tucked on one side of the home, while a large family room anchors the opposite end with a formal living room in-between. The cozy kitchen features a garden window overlooking the backyard, and French doors from the dining room lead to the patio for easy indoor-outdoor living. Outside, the 750 square foot, detached shop/garage sits at the corner of the lot, leaving the yard open for fruit trees, gardens, play space, or even a future sports court. Another rare bonus for this neighborhood: connected to sewer, not septic which gives you tons of flexibility for yard projects. Located just minutes from shopping, dining, entertainment, and easy access to I-5, Hwy 167, and Hwy 18. If you’ve been searching for a Federal Way rambler with a large yard, detached shop, and the chance to remodel to your own taste, this is the kind of opportunity buyers wait years for. Homes with this much yard space, a shop, and sewer service in Federal Way rarely come available at this price point.
Property Details
Price:
$535,000
MLS #:
NWM2493617
Status:
Pending
Beds:
3
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Enchanted Village
Neighborhood:
110dashpointfederalway
Listed Date:
Mar 19, 2026
Finished Sq Ft:
1,340
Total Sq Ft:
1,340
Lot Size:
11,730 sqft / 0.27 acres (approx)
Year Built:
1968
See this Listing
Schools
School District:
Federal Way
Elementary School:
Rainier View Elem
Middle School:
Sequoyah Mid Sch
High School:
Todd Beamer High
Interior
Appliances
Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Washer
Bathrooms
1 Full Bathroom
Cooling
None
Fireplaces Total
2
Flooring
Vinyl, Carpet
Heating
Forced Air
Interior Features
Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, French Doors, Water Heater
Levels
One
Main Level Bathrooms
1
Main Level Bedrooms
3
Exterior
Construction Materials
Wood
Covered Spaces
2
Direction Faces
South
Exterior Features
Wood, Wood Products
Lot Features
Corner Lot, Curbs, Paved, Sidewalk
Parking Features
Driveway, Detached Garage, Off Street
Parking Spots
5
Parking Total
5
Roof
Composition
Security Features
Fully Fenced
View
Territorial
Financial
Tax Year
2025
Taxes
$5,400
Map
Community
- Address2504 S 365th Place Federal Way WA
- SubdivisionEnchanted Village
- 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
173
Single Family Listed
52
Avg DOM
345
Avg $ / SqFt
$802,007
Avg List Price
Property Summary
- Located in the Enchanted Village subdivision, 2504 S 365th Place Federal Way WA is a Single Family for sale in Federal Way, WA, 98003. It is listed for $535,000 and features 3 beds, 1 baths, and has approximately 1,340 square feet of living space, and was originally constructed in 1968. The current price per square foot is $399. The average price per square foot for Single Family listings in Federal Way is $345. The average listing price for Single Family in Federal Way is $802,007. To schedule a showing of MLS#nwm2493617 at 2504 S 365th Place in Federal Way, WA, contact your Best in the West agent at 206-351-5550.
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Courtesy of Real Broker LLC. Disclaimer: Based on information submitted to the MLS GRID as of Apr-17-2026 8:11:06 am. 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.
2504 S 365th Place
Federal Way, WA


