Property Details
505 SW 305th Place , Federal Way, WA 98023
Federal Way, WA 98023
$525,000
Pending – Backup Offer Requested
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About This Home
Welcome to this charming 2 bedroom, 1.75 bathroom one-story home! Situated on a large, flat corner lot with excellent parking and yard access. Enjoy spacious living and dining areas, an updated open kitchen with quartz counters, breakfast bar, bright, new cabinetry, updated electrical, generator hook-up and dedicated laundry room. Lateral backyard access offers room for RV, boat or parking multiple vehicles! Versatile utility room can serve as the perfect home office, den, pantry or potential third bedroom! The spacious yard is fully-fenced and includes 2 large storage sheds, a treehouse and plenty of space to entertain. The oversized driveway can easily fit 6 cars! Ideal location near schools, parks, shops, restaurants, freeway access and Redondo Beach.
Property Details
Property Information
Property Type
Residential
Subtype
Single Family Residence
Status
Pending – Backup Offer Requested
County
King
Neighborhood
Federal Way
Listed
Dec 6, 2025
Original Price
$549,950
Interior Features
Bedrooms
2
Bathrooms
2.0
Living Area
1,100 sq ft
Basement
None
Entry Level
Main
Interior Features
Bath Off Primary, Dbl Pane/Storm Window, Dining Room, High Tech Cabling, Walk-In Closet(s), Water Heater, Wired for Generator
Exterior & Lot
Lot Size
0.20 sqft
Year Built
1960
Exterior Materials
Wood
Parking
Driveway, Off Street, RV Parking
Sewer
Septic Tank
Water Source
Public
Lot Features
Corner Lot, Paved
Exterior Features
Wood
Location
City
Federal Way
County
King
Coordinates
47.32859, -122.34123
Schools
School District
Federal Way
Elementary School
Lake Grove Elem
Middle School
Sacajawea Jnr High
High School
Federal Way Snr High
Additional Information
Tax Year
2025
Annual Taxes
$4,317
Possession
Array
Inclusions
Dishwasher(s),Microwave(s),Refrigerator(s),Stove(s)/Range(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
Find out if you’re eligible for down payment assistance programs that could help make this home more affordable. Programs can provide thousands of dollars toward your down payment and closing costs.
Check Your EligibilityBased on information submitted to the MLS GRID as of March 10, 2026 7:02 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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. Copyright 2026 NWMLS. All rights reserved.
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. Copyright 2026 NWMLS. All rights reserved.
