505 SW 366th Street Federal Way WA 98023 MLS #NWM2535682

505 SW 366th Street
Federal Way, WA, 98023
$1,279,000
5 Beds
4 Baths
3,350 SqFt
0.35 Acres
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Listing Provided Courtesy of Real Broker LLC
**Price Adjustment** Welcome to South Campus Estates — a coveted enclave of newer-construction homes in Federal Way. Built in 2023 by JK Monarch, this 5-bed, 3.25-bath Modern Farmhouse Craftsman offers 3,350 sq ft on a sprawling 15,118 sq ft lot, no HOA. The great room boasts soaring 18-foot ceilings, while the chef-inspired kitchen anchors the home with a 15-foot island, custom cabinetry to the ceiling, Quartz counters, and an oversized walk-in pantry. Engineered hardwood floors and generous hallways flow throughout. Upstairs, the spacious primary suite offers two closets and an en suite bath. A second en suite bedroom with its own ¾ bath joins two more bedrooms sharing a full bath, plus a bonus loft. A main-floor bedroom with a ¾ bath nearby offers flexible guest or office space. The seller commissioned substantial post-purchase upgrades, completed by the builder — including a 4th garage bay (housing a second kitchen with ADU potential), a backyard storage shed on a concrete slab, and the upstairs ¾ bath/second en suite conversion — a true investment beyond the recorded sale price. Enjoy 4 driveway spaces plus 4 in the garage. A large covered patio with TIG cover overlooks an expansive, level backyard — a blank canvas for landscaping, a pool, or a future DADU. Catch a partial Cascade Mountain view from the front of the home. Minutes to I-5, Costco, and West Hylebos Wetlands Park, with easy access to Seattle, Tacoma, SeaTac, and Puget Sound waterfront.

Property Details

Price:
$1,279,000
MLS #:
NWM2535682
Status:
Active
Beds:
5
Baths:
4
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Federal Way
Neighborhood:
100jovitawesthill
Listed Date:
Jun 19, 2026
Finished Sq Ft:
3,350
Total Sq Ft:
3,350
Lot Size:
15,118 sqft / 0.35 acres (approx)
Year Built:
2023
Contemporary100 – Jovita/west Hill100jovitawesthillFederal WayFederal WayTerritorial

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Schools

School District:
Federal Way

Interior

Appliances
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
Bathrooms
1 Full Bathroom, 3 Three Quarter Bathrooms
Cooling
90%+ High Efficiency, Heat Pump
Fireplaces Total
1
Flooring
Ceramic Tile, Engineered Hardwood, Carpet
Heating
90%+ High Efficiency, Heat Pump
Interior Features
Second Kitchen, Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, French Doors, Loft, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater
Levels
Two
Main Level Bathrooms
1

Exterior

Architectural Style
Contemporary
Attached Garage YN
1
Construction Materials
Cement Plank
Covered Spaces
4
Exterior Features
Cement Planked
Lot Features
Open Space, Paved, Sidewalk
Parking Features
Driveway, Attached Garage, Off Street, RV Parking
Parking Spots
8
Parking Total
8
Roof
Composition
Security Features
Fully Fenced
View
Territorial

Financial

Tax Year
2025
Taxes
$10,775

Map

Community

Market Summary

Current real estate data for Single Family in Federal Way as of Jul 26, 2026
255
Single Family Listed
62
Avg DOM
346
Avg $ / SqFt
$778,191
Avg List Price

Property Summary

    Located in the Federal Way subdivision, 505 SW 366th Street Federal Way WA is a Single Family for sale in Federal Way, WA, 98023. It is listed for $1,279,000 and features 5 beds, 4 baths, and has approximately 3,350 square feet of living space, and was originally constructed in 2023. The current price per square foot is $382. The average price per square foot for Single Family listings in Federal Way is $346. The average listing price for Single Family in Federal Way is $778,191. To schedule a showing of MLS#nwm2535682 at 505 SW 366th Street in Federal Way, WA, contact your Best in the West agent at 206-351-5550.

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