**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
See this Listing
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
- Address505 SW 366th Street Federal Way WA
- SubdivisionFederal Way
- CityFederal Way
- CountyKing
- Zip Code98023
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 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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© 2026 Northwest Multiple Listing Service as distributed by MLS GRID.
represents listings courtesy of NWMLS. Listed by Real Broker LLC.
Disclaimer: Based on information submitted to the MLS GRID as of Jul-25-2026 7:44:36 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.
represents listings courtesy of NWMLS. Listed by Real Broker LLC.Disclaimer: Based on information submitted to the MLS GRID as of Jul-25-2026 7:44:36 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.
505 SW 366th Street
Federal Way, WA


