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$1,395,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 1 Full Bath
  • 3 Partial Baths
  • 3,350 Sq. Ft.
  • Updated 3 hours ago

Next open house:

Open House: 12:00 PM - 3:00 PM

Saturday 6/20 12:00 PM - 3:00 PM

505 SW 366th Street,Federal Way, WA 98023

505 SW 366th StreetFederal WayWA98023

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Join us at 505 SW 366th Street on:

  • Open House: 12:00 PM - 3:00 PM

    Sunday 6/21 12:00 PM - 3:00 PM

    505 SW 366th Street,Federal Way, WA 98023
    505 SW 366th StreetFederal WayWA98023

Listed by Tim McKeown | Real Broker LLC | (855) 450-0442 and Heather Field | Hawkins Poe | (253) 274-8981

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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.

Full Property Details for 505 SW 366th St

General

  • Price: $1,395,000
  • Taxes: $10,775 (2025)
  • Status: Active
  • Type: Single Family
  • Source: NWMLS
  • MLS ID: 2535682
  • Updated: Today (6/19/2026)
  • Added to Site: Today

Interior

  • 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
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Gas
  • Appliances: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Flooring: Ceramic Tile, Engineered Hardwood, Carpet

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 1
  • 3/4 Bathrooms: 3
  • Upper - Full Baths: 1
  • Upper - 3/4 Baths: 2
  • Main Floor Baths: 1
  • Main - 3/4 Baths: 1

Bedrooms

  • Total Bedrooms: 5
  • Bedrooms Upper: 4
  • Bedrooms Lower: 1

Additional Information

  • Amenities: Fenced-Fully, High Speed Internet, Outbuildings, Patio, RV Parking, Shop
  • Security/Safety: Fully Fenced

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Covered Spaces: 4
  • Uncovered Spaces: 4
  • Parking Features: Driveway, Attached Garage, Off Street, RV Parking

Location

  • Area: 100 - Jovita/West Hill
  • County: King
  • Subdivision: Federal Way
  • Driving Directions: From I-5: Exit 142B to WA-18 W for 0.4 mi. Left onto Pac Hwy S (0.6 mi), Right onto # 356th St (1.0 mi). Left onto 6th Ave SW (0.6 mi), Left onto SW 366th St for 300 ft. House will be on Right side.

School Information

  • High School District: Federal Way

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: 90%+ High Efficiency, Heat Pump
  • Heating Type: 90%+ High Efficiency, Heat Pump
  • Water Heater: Electric Hybrid

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Architectural Style: Contemporary
  • Structure Type: House
  • Exterior Const.: Cement Planked
  • Basement Desc.: None
  • Foundation: Poured Concrete
  • Roof: Composition
  • Entry Location: Main
  • Square Feet: 3,350
  • Finished Total: 3,350 Sq. Ft.
  • Year Built: 2023

Lot Features

  • Property View: Territorial
  • Lot Size (Acres): 0.3471
  • Lot Size (Sq. Ft.): 15,118
  • Lot Size Source: County Tax Records
  • Topography: Level, Partial Slope
  • Lot Features: Open Space, Paved, Sidewalk

Financial Considerations

  • Tax Amount: $10,775
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: None
  • Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Property ID: 7879650050

Listed by Tim McKeown | Real Broker LLC | (855) 450-0442 and Heather Field | Hawkins Poe | (253) 274-8981

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Schools serving 505 SW 366th St

School District:Federal Way School District
NameGradesDistance
Illahee Middle School
36001 1st Avenue South, Federal Way, WA 98003
6-80.4 mi
Enterprise Elementary School, Federal Way, WA
35101 5th Avenue Southwest, Federal Way, WA 98023
K-51 mi
Todd Beamer High School
35999 16th Avenue South, Federal Way, WA 98003
9-121.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 505 SW 366th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/19/2026
Listed
$1,395,000
14.35%
MLS
12/12/2023
Sold
$1,219,950
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 505 SW 366th St

Year
Property Taxes
Change
Tax Assessment
Change
2026
$11,460
6%
$1,148,000
4%
2024
$10,775
—
$1,105,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Tim McKeown | Real Broker LLC | (855) 450-0442 and Heather Field | Hawkins Poe | (253) 274-8981

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Recent Sales near 505 SW 366th St

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541 SW 366th St, Federal Way, WA 98023 - Photo 1 Sold
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541 SW 366th St  Federal Way, WA 98023

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Listed by Gini Anderson | Bcr Llc
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[Address not provided], Federal Way, WA 98023 - Photo 1 Sold
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505 SW 366th Street, Federal Way, WA 98023 (MLS# 2535682) is a Single Family property with 5 bedrooms, 1 full bathroom and 3 partial bathrooms. 505 SW 366th Street is currently listed for $1,395,000 and was received on June 19, 2026. Want to learn more about 505 SW 366th Street? Do you have questions about finding other Single Family real estate for sale in Federal Way City Center? You can browse all Federal Way City Center real estate or contact a Coldwell Banker agent to request more information.

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