Property Details
2504 S 365th Place , Federal Way, WA 98003
Federal Way, WA 98003
$535,000
Pending Inspection
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About This Home
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.
Property Details
Property Information
Property Type
Residential
Subtype
Single Family Residence
Status
Pending Inspection
County
King
Neighborhood
Enchanted Village
Listed
Mar 19, 2026
Interior Features
Bedrooms
3
Bathrooms
1.0
Living Area
1,340 sq ft
Basement
None
Entry Level
Main
Interior Features
Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, French Doors, Water Heater
Exterior & Lot
Lot Size
0.27 sqft
Year Built
1968
Exterior Materials
Wood
Parking
Driveway, Detached Garage, Off Street
Sewer
Sewer Connected
Water Source
Public
Lot Features
Corner Lot, Curbs, Paved, Sidewalk
Exterior Features
Wood, Wood Products
Location
City
Federal Way
County
King
Coordinates
47.27421, -122.30214
Schools
School District
Federal Way
Elementary School
Rainier View Elem
Middle School
Sequoyah Mid Sch
High School
Todd Beamer High
Additional Information
Tax Year
2025
Annual Taxes
$5,400
Possession
Array
Inclusions
Dishwasher(s),Dryer(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
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Estimated Monthly Payment
$0
Provided by Beyond Real Estate, LLC
Down Payment Assistance Available
This property may qualify for homebuyer assistance programs
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