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$1,225,000

Listing Price

5beds

3.25baths

3,350sqft

15,118sqft lot

505 Sw 366th St, Federal Way, WA 98023

Member Features

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

365.67

Price / sqft

2023

Year built

Home Details

**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 bath joins two more bedrooms sharing a full bath, plus a bonus loft. A main-floor bedroom with a 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 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.

Interior Details

Square Feet
  • 3350

Bedrooms
  • 5

Bathrooms
  • 3.25

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Heat Pump

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 15118

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    Garage, Attached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    0

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • No

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • N/A

Style
  • N/A

Exterior
  • N/A

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

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Average Home Price in 98023

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$1,209,950

5 Beds

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15,107 Lot (sqft)

Sold 10/18/2026

$1,274,950

5 Beds

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2,908 Sqft

18,095 Lot (sqft)

Sold 10/18/2026

$949,950

5 Beds

4 Baths

2,862 Sqft

7,216 Lot (sqft)

Sold 10/13/2026

$1,225,000

5 Beds

3.25 Baths

3,350 Sqft

15,118 Lot (sqft)

Sold 10/13/2026

$1,160,990

5 Beds

3 Baths

3,089 Sqft

17,700 Lot (sqft)

Sold 10/26/2026

$1,049,500

4 Beds

3.5 Baths

3,265 Sqft

7,233 Lot (sqft)

Sold 10/05/2026

$1,213,990

4 Beds

3 Baths

2,941 Sqft

15,110 Lot (sqft)

Sold 09/29/2026

$888,962

4 Beds

2.25 Baths

3,220 Sqft

48,351 Lot (sqft)

Sold 10/13/2026

$982,000

4 Beds

2.5 Baths

3,520 Sqft

18,275 Lot (sqft)

Sold 10/13/2026

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
1,225,000
$
Down payment
245,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
7,350
$
HOA (Monthly)
0
$
PMI
0
$
$7,930
Your Payment
Total Monthly Payment:$7,930
Percent of Income:136%
Affordable:No

Details for 505 SW 366TH ST

Property Debt

Foreclosure Contact Details