2504 S 365th Place Federal Way WA 98003 MLS #NWM2493617

MLS #NWM2493617 image #0
Listing Provided Courtesy of Real Broker LLC
Open House Mar 22, 2026
01:00 – 03:00
RAMBLER. SHOP. POTENTIAL.Why pay for someone else’s remodel when you can create the one you actually want? First time on the market in 58 YEARS, this mid-century rambler in Federal Way sits on a sunny ¼-acre corner lot and offers the kind of opportunity buyers keep hoping to find. The home has great bones, a flexible layout, and plenty of livable space while you update over time. Three bedrooms are tucked on one side of the home, while a large family room anchors the opposite end with a formal living room in-between. The cozy kitchen features a garden window overlooking the backyard, and French doors from the dining room lead to the patio for easy indoor-outdoor living. Outside, the 750 square foot, detached shop/garage sits at the corner of the lot, leaving the yard open for fruit trees, gardens, play space, or even a future sports court. Another rare bonus for this neighborhood: connected to sewer, not septic which gives you tons of flexibility for yard projects. Located just minutes from shopping, dining, entertainment, and easy access to I-5, Hwy 167, and Hwy 18. If you’ve been searching for a Federal Way rambler with a large yard, detached shop, and the chance to remodel to your own taste, this is the kind of opportunity buyers wait years for. Homes with this much yard space, a shop, and sewer service in Federal Way rarely come available at this price point.
Current real estate data for Single Family in Federal Way as of Mar 21, 2026
147
Single Family Listed
57
Avg DOM
350
Avg $ / SqFt
$793,004
Avg List Price

Property Details

Price:
$535,000
MLS #:
NWM2493617
Status:
Active
Beds:
3
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Enchanted Village
Neighborhood:
110dashpointfederalway
Listed Date:
Mar 19, 2026
Finished Sq Ft:
1,340
Total Sq Ft:
1,340
Lot Size:
11,730 sqft / 0.27 acres (approx)
Year Built:
1968
Edgewood Manor110 – Dash Point/federal Way110dashpointfederalwayEnchanted VillageFederal WayRainier View ElemSequoyah Mid SchTodd Beamer HighTerritorial

Schools

School District:
Federal Way
Elementary School:
Rainier View Elem
Middle School:
Sequoyah Mid Sch
High School:
Todd Beamer High

Interior

Appliances
Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Washer
Bathrooms
1 Full Bathroom
Cooling
None
Fireplaces Total
2
Flooring
Vinyl, Carpet
Heating
Forced Air

Exterior

Construction Materials
Wood
Exterior Features
Wood, Wood Products
Parking Features
Driveway, Detached Garage, Off Street
Parking Spots
2
Roof
Composition
Security Features
Fully Fenced

Financial

Tax Year
2025
Taxes
$5,400

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Community

Property Summary

    Located in the Enchanted Village subdivision, 2504 S 365th Place Federal Way WA is a Single Family for sale in Federal Way, WA, 98003. It is listed for $535,000 and features 3 beds, 1 baths, and has approximately 1,340 square feet of living space, and was originally constructed in 1968. The current price per square foot is $399. The average price per square foot for Single Family listings in Federal Way is $350. The average listing price for Single Family in Federal Way is $793,004. To schedule a showing of MLS#nwm2493617 at 2504 S 365th Place in Federal Way, WA, contact your HomeSmart One Realty agent at 425-218-4178.

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2504 S 365th Place
Federal Way, WA