2504 S 365th Place, Federal Way, WA 98003 (MLS # 2493617)

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Listing provided courtesy of Northwest MLS; Real Broker LLC

PRICE $535,000 dsIDX morgage calculator
BEDS 3
BATHS 1
HOME SIZE 1,340 sqft
LOT SIZE 11,731 sqft

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.

LAST UPDATED 3/19/2026 TRACT Enchanted Village
YEAR BUILT 1968 COMMUNITY Enchanted Village
COUNTY King STATUS Active
PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Rainier View Elem
Jr. High School Sequoyah Mid Sch
High School Todd Beamer High


ADDITIONAL DETAILS
AIR Ceiling Fan(s), None
APPLIANCES Dishwasher, Dryer, Electric Water Heater, Refrigerator, Washer, Water Heater
AREA 110 - Dash Point/Federal Way
BASEMENT None
CONSTRUCTION Wood Siding
EXTERIOR Garden
FIREPLACE Yes
GARAGE Yes
HEAT Electric, Forced Air
INTERIOR Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, French Doors, Water Heater
LOT 0.2693 acre(s)
LOT DESCRIPTION Corner Lot, Curbs, Paved, Sidewalk
MLS STATUS Active
PARKING Driveway, Off Street, Detached
STORIES 1
STYLE 10 - 1 Story
SUBDIVISION Enchanted Village
TAXES 5400
UTILITIES Cable Available, Sewer Connected
VIEW Yes
VIEW DESCRIPTION Territorial
WATER Public
MORTGAGE CALCULATOR
   

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 3/20/26 12:14 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.

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