505 SW 366th Street, Federal Way, WA 98023
Local realty services provided by:CENTURY 21 Van Dorm Realty
Listed by: tim mckeown, heather field
Office: real broker llc.
MLS#:2535682
Source:NWMLS
Price summary
- Price:$1,279,000
- Price per sq. ft.:$381.79
About this home
**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....
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Home facts
- Year built:2023
- Subdivision & Development:Federal Way
- Listing ID #:2535682
- Updated:August 26, 2026 at 08:51 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:4
- Full bathrooms:1
- Flooring:Carpet, Ceramic Tile Floor, Engineered Hardwood
- Kitchen Description:Dishwasher, Disposal, Microwave, Refrigerator
- Bedroom Description:Lower Level Bedrooms : 1, Upper Level Bedrooms : 4
- Basement:Yes
- Living area:3,350 sq. ft.
Heating and cooling
- Cooling:90%+ High Efficiency
- Heating:90%+ High Efficiency, Heat Pump
Structure and exterior
- Roof:Composition
- Year built:2023
- Building area:3,350 sq. ft.
- Lot area:0.35 Acres
- Lot Features:Open Space, Paved, Sidewalk
- Architectural Style:Contemporary
- Construction Materials:Cement Planked
- Exterior Features:Fenced-Fully, Patio
- Foundation Description:None
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Sewer Connected
Finances and disclosures
- Price:$1,279,000
- Price per sq. ft.:$381.79
- Tax amount:$10,775 (2025)
Features and amenities
- Appliances:Dishwasher, Refrigerator, Washer
- Laundry features:Dryer, Washer
- Amenities:Ceiling Fan(s), French Doors, High Speed Internet, Pantry, Shop, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater
Parking
- Total parking spaces:8
- Parking description:Attached Garage, Driveway, Off Street Parking, RV Parking
- Garage:Yes
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