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505 SW 366th Street

Federal Way, WA 98023
  • $1,395,000
  • STATUS: Active
  • ID#: 2535682
$1,395,000
  • 5
    BEDS
  • 0.35
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,350
    SQFT
  • $416
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2023
County:

School Ratings & Info

School District:
Northwest MLS logo Listing courtesy of Northwest MLS as distributed by MLS GRID. Listing courtesy of Real Broker LLC.
Mortgage Calculator is provided by BoomTown.

Description

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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MLS Grid logo

IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Northwest Home Team Realty, LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2026-07-10T00:17:48.49. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2026-07-10T00:17:48.49. 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.

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505 SW 366th Street Federal Way, WA 98023

  • Price: $1,395,000
  • Status: Active
  • On Site: Days
  • ID#: 2535682
5
Beds
4
Baths
0
½ Baths
0.35
Acres
3,350
SQFT
$416
$/SQFT
2023
Built
Neighborhood:
Federal Way
County:
King
Area:
E.Fed Way/Jovita/West Hill/W.Auburn
School District:
Federal Way
Property Description
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.
Exterior Features

Architectural Style Contemporary Attached Garage YN Yes Carport YN No Covered Spaces 4 Entry Location Main Exterior Features Cement Planked Garage YN Yes Levels Two Lot Features Open SpacePavedSidewalk Open Parking YN No Parking Features DrivewayAttached GarageOff StreetRV Parking Parking Total 8 Roof Composition Structure Type House Style Code 12 - 2 Story Topography LevelPartial Slope View Territorial View YN Yes Waterfront YN No

Interior Features

Appliances DishwasherDisposalDryerMicrowaveRefrigeratorStove(s)/Range(s)Washer Appliances Included Dishwasher(s)Dryer(s)Garbage DisposalMicrowave(s)Refrigerator(s)Stove(s)/Range(s)Washer(s) Basement None Baths Full Garage 0 Baths Full Lower 0 Baths Full Main 0 Baths Full Upper 1 Baths Half Garage 0 Baths Half Lower 0 Baths Half Main 0 Baths Half Upper 0 Baths Three Quarter Garage 0 Baths Three Quarter Lower 0 Baths Three Quarter Main 1 Baths Three Quarter Upper 2 Bedrooms Lower 1 Bedrooms Upper 4 Building Area Total 3350 Cooling 90%+ High EfficiencyHeat Pump Cooling YN Yes Fireplace YN Yes Fireplaces Main 1 Fireplaces Total 1 Flooring Ceramic TileEngineered HardwoodCarpet Heating 90%+ High EfficiencyHeat Pump Heating YN Yes Interior Features Second KitchenBath Off PrimaryCeiling Fan(s)Dbl Pane/Storm WindowDining RoomFireplaceFrench DoorsLoftPantryVaulted Ceiling(s)Walk-In Closet(s)Water Heater Living Area 3350 Main Level Bedrooms 0 Rooms Dining Room (Main Level) Entry Hall (Main Level) Extra Fin Room (Second Level) Great Room (Main Level) Kitchen With Eating Space (Main Level) Primary Bedroom (Second Level) Utility Room (Second Level) Bathroom Full (Second Level) Bathroom Three Quarter (Main Level) Bathroom Three Quarter (Second Level) Bedroom (Second Level) Bedroom (Second Level) Bedroom (Second Level) Bedroom (Lower Level) Bathroom Three Quarter (Second Level) Square Footage Finished 3350 Square Footage Unfinished 0

Property Features

Association Fee 0 Association YN No Building Information Built On Lot Down Payment Resource YN No Energy Source ElectricNatural Gas FIRPTAYN No First Right Of Refusal No Foundation Details Poured Concrete Inclusions Dishwasher(s)Dryer(s)Garbage DisposalMicrowave(s)Refrigerator(s)Stove(s)/Range(s)Washer(s) Irrigation Water Rights YN No Land Lease YN No Listing Terms CashConventionalFHAVA Loan New Construction YN No Possession Closing Power Company Puget Sound Energy Power Production Type ElectricNatural Gas Property Sub Type Single Family Residence Security Features Fully Fenced Senior Community YN No Senior Exemption No Sewer Sewer Connected Sewer Company Lakehaven Site Features Fenced-FullyHigh Speed InternetOutbuildingsPatioRV ParkingShop Special Listing Conditions None Tax Annual Amount 10775 Tax Year 2025 Water Company Lakehaven Water Heater Location Garage Water Heater Type Electric Hybrid Water Source Public

MLS Grid logo

IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Northwest Home Team Realty, LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2026-07-10T00:17:48.49. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2026-07-10T00:17:48.49. 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.

Digital Millennium Copyright Act
 
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Logo
Northwest Home Team Realty, LLC
111 Tumwater Boulevard SE, A109
Tumwater WA, 98501
Northwest MLS logo Listing courtesy of Northwest MLS as distributed by MLS GRID. Listing courtesy of Real Broker LLC.
Mortgage Calculator is provided by BoomTown.