Listed by Tim McKeown • Real Broker LLC. Bought with Windermere Northlake.
Sold on sep 2026
$1,225,000
5
bd
•
4 ba
•
3,350
sq ft
505 SW 366th St, Federal Way, WA 98023
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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.
Single-familyProperty Type
2023Year Built
0.35 acresLot Size
$366Price/Sq.Ft.
8 spacesParking
Listed by Tim McKeown• Real Broker LLC
Listed by Heather Field• Hawkins Poe
Bought with Gabriel Ellenberg• Windermere Northlake
Site Features: Fenced-Fully,High Speed Internet,Outbuildings,Patio,RV Parking,Shop
Lot Features: Open Space, Paved, Sidewalk
Lot Size Units: Square Feet
Lot Size Acres: 0.3471
Elevation Units: Feet
Financial
Tax Information
Tax Annual Amount: $10,775
Tax Year: 2025
Financial Information
Listing Terms: Cash, Conventional, FHA, VA Loan
Buyer Financing: Conventional
Utilities
Utility Information
Water Source: Public
Water Company: Lakehaven
Power Company: Puget Sound Energy
Sewer: Sewer Connected
Sewer Company: Lakehaven
Water Heater Location: Garage
Water Heater Type: Electric Hybrid
Location
School Information
High School District: Federal Way
Location Information
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.
Topography: Level,Partial Slope
Community Information
Senior Exemption: false
Public facts
Beds: 5
Baths: 3.0
Sq. Ft.: 3,350
Stories: 2.0
Lot Size: 0.35 acres
Style: Single Family Residential
Year Built: 2023
Year Renovated: —
County: King County
APN: 787965 0050
Home facts updated by county records on Sep 10, 2026
Other
Listing Information
Buyer Brokerage Compensation: 2
Buyer Brokerage Compensation Type: %
Mls Status: Sold
Listing Date Information
On Market Date: Friday, June 19, 2026
Green Information
Power Production Type: Electric, Natural Gas
Home Information
Living Area: 3,350
Calculated Square Footage: 3350
MLS Square Footage Source: County Tax Records
Building Area Total: 3350
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Structure Type: House
Levels: Two
Security Features: Fully Fenced
Entry Location: Main
Around this home
Schools
Illahee Middle School
Public 5-8 • Assigned • 0.4mi
4/10
Todd Beamer High School
Public 9-12 • Assigned • 1.2mi
3/10
Provided by GreatSchools
Historical weather
Federal Way, WA • 98023
Average low and high temperatures (°F)
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36
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37
54
40
62
43
67
48
74
53
79
56
79
59
74
55
61
47
53
42
49
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
82/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Federal Way. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.7 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.16M – $1.40M
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