505 SW 366th Street, Federal Way, WA 98023

Federal Way
Local realty services provided by:Better Homes and Gardens Real Estate Northwest Home Team
Listed by: tim mckeown, heather field
Office: real broker llc.
MLS#:2535682
Source:NWMLS
505 SW 366th Street,Federal Way, WA 98023
$1,279,000
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  • 5 Beds
  • 4 Baths
  • 3,350 sq. ft.
  • Single family
  • Pending

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,...

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Home facts

  • Year built:2023
  • Subdivision & Development:Federal Way
  • Listing ID #:2535682
  • Updated:August 13, 2026 at 10:43 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
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of August 13, 2026. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

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