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JRJeff ReynoldsCompass · Seattle

3131 S 368th Street, Federal Way, WA 98003

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Active

Listed by Lisa Williams, Person Real Estate Group LLC

Active106 days on market

$625,000

$296 per sq ft

3131 S 368th Street, Federal Way, WA 98003

Federal Way, WA, 98003

Beds
4
Baths
3
Sq ft
2,110
Built
1940
Parking
Detached Garage, RV Parking
Ask Jeff

Tour this home

Jeff Reynolds · Managing Broker, Compass

Start with a focused 15-minute call, then tour with a clear due-diligence plan.

4
Bedrooms
3
Bathrooms
2,110
Square feet
$296
Per sq ft
Single Family Residence
Type
1940
Year built
12,540 sq ft
Lot
106
Days on market

About this property

Don’t miss this beautifully updated 4-bedroom, 2.5-bath home on a spacious corner lot in a sought-after neighborhood. Framed by mature trees, this inviting property blends comfort, style, and everyday convenience. Step inside to soaring vaulted ceilings, abundant natural light, and a cozy wood-burning fireplace that makes the living room feel instantly welcoming. The impressive kitchen is designed for both daily living and entertaining, with rich wood cabinetry, soft-close drawers, granite countertops, stainless steel appliances, and a large island with seating that flows into the dining area. A separate family room adds even more flexible space to gather, relax, or host. The primary suite offers double closets, a private ensuite, and direct access to the expansive back deck—perfect for morning coffee or evening unwinding. Three additional bedrooms plus a bonus/flex room provide room for guests, work, hobbies, or play. Thoughtful updates include laminate hardwood floors, designer fixtures, energy-efficient windows, AC, a tankless water heater, enhanced electrical panel, and newly insulated crawl space and attic. Outside, enjoy a fully fenced yard, generous deck, and oversized two-car detached garage/shop with excellent storage and project space. Commuters will love quick access to I-5, Hwy 18, and Hwy 167, with schools, shopping, restaurants, and amenities nearby. Move-in ready and full of value, this home is one you’ll want to see in person.

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2562271
Listed
July 31, 2026
Days on market
106 (includes a prior listing period)
Price per sq ft
$296

Unit & building

Unit levels
One

Parking

Parking
Detached GarageRV Parking
Covered spaces
2
Total spaces
6

Views

View
Territorial

Construction

Year built
1940
Style
10 - 1 Story
Structure
House
Roof
Composition

Heating & cooling

Heating
Forced Air
Cooling
Central Air
Energy source
Natural Gas

Interior features

Features
Bath Off PrimaryDbl Pane/Storm WindowFireplaceHigh Tech CablingVaulted Ceiling(s)Walk-In Closet(s)Water Heater
Fireplaces
1
Fireplace type
Wood Burning

Flooring

Flooring
LaminateCarpet

Appliances

Appliances
DishwasherDryerMicrowaveRefrigeratorStove(s)/Range(s)Washer

Community & building features

Bus line nearby
Yes

Lot

Lot features
Corner LotPaved
Lot size
12,540 sq ft

Terms

Terms offered
CashConventionalFHAUSDA LoanVA Loan

Utilities

Water
Lakehaven Utility
Sewer
Septic
Power
PSE

Schools

District
Federal Way
Elementary
Rainier View Elem
Middle
Buyer To Verify
High
Buyer To Verify

Listing history

  1. Listed

    $625,000

    July 31, 2026

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$3,639

Principal & interest
$3,160
Property tax (est.)
$479

Assumes $125,000 down (20%), a $500,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 31, 2026 at 3:00 PM PDT. 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.