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505 SW 366th StreetFederal Way, WA 98023Price: $1,395,000

  • Price: $1,395,000
  • Est. Mortgage of $/month
  • 2 Days on Market
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Federal 30-year interest rate: 6.47% last updated on Jun 18, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,395,000List Price
  • 5Bedrooms
  • 4Bathrooms
  • 0.35Acreage
  • 3,350Square Feet
Listed by Tim McKeown of Real Broker LLC

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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.

Property Details of 505 SW 366th Street

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Listing data courtesy of NWMLS as provided by MLS Grid as of June 20, 2026 8:01 AM UTC . All data is obtained from various sources and has not been, and will not be, verified by broker or NWMLS. All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. Supplied Open House Information is subject to change without notice. Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Listing data shown with the three tree icon are provided courtesy of NWMLS. Some IDX listings have been excluded from this website. IDX information is provided exclusively for consumers’ personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.  The data is deemed reliable but is not guaranteed.

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