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JRJeff ReynoldsCompass · Seattle

617 SW 361st Street, Federal Way, WA 98023

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Active

Listed by Stephen Janho, Windermere RE West Campus Inc

Active0 days on market

$989,500

$281 per sq ft

617 SW 361st Street, Federal Way, WA 98023

Federal Way, WA, 98023

Beds
4
Baths
3
Sq ft
3,520
Built
2003
Parking
Attached Garage, Off Street, 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
3,520
Square feet
$281
Per sq ft
Single Family Residence
Type
2003
Year built
18,275 sq ft
Lot
0
Days on market

About this property

This custom-built 4+ bedroom, 2.5 bath home offering 3,520 sq ft on a rare, larger lot is sure to impress. In one of the most sought-after neighborhoods and subdivisions of Federal Way, you will find the utmost care and comfort in community. This home has elite curb appeal as you pull up. A grand entrance with lots of natural light and an open-concept design offers a huge bonus room upstairs and an office on the main level. Nearly double the size of most lots in the area, you will love the privacy and beauty of the mature landscaping with irrigation. Absolutely fantastic location — close to the desirable Twin Lakes golf course community and clubhouse, lake, and walking paths, and just minutes from all the amenities you could want or need. Just a few minutes away from New Federal Way Light Rail with easy access to I-5 and Pacific Hwy S for commuters. Space, privacy, and a lifestyle rarely found together are waiting for you. An oversized 3+ bay garage with lots of built-in storage and plenty of extra space for parking on the gorgeous concrete driveway is a huge bonus. Call today to tour and make this dream your reality!

Location & commute

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

Directions

Property details

Listing details

Listing number
#2562454
Listed
July 31, 2026
Days on market
0
Price per sq ft
$281

Unit & building

Building
Rosewood Lane
Unit levels
Two

Parking

Parking
Attached GarageOff StreetRV Parking
Covered spaces
3
Total spaces
3

Views

View
Territorial

Construction

Year built
2003
Style
12 - 2 Story
Structure
House
Roof
Composition

Heating & cooling

Heating
Forced AirHeat Pump
Cooling
Forced AirHeat Pump
Energy source
ElectricNatural Gas

Interior features

Features
Bath Off PrimaryBuilt-In VacuumDbl Pane/Storm WindowDining RoomFireplaceFireplace (Primary Bedroom)French DoorsPantrySecurity SystemSkylight(s)Vaulted Ceiling(s)Walk-In Closet(s)Water Heater
Fireplaces
3
Fireplace type
Gas

Flooring

Flooring
Ceramic TileHardwoodCarpet

Appliances

Appliances
DishwasherDisposalDouble OvenMicrowaveRefrigeratorStove(s)/Range(s)

Community & building features

Bus line nearby
Yes

Lot

Lot features
CurbsPavedSidewalk
Lot size
18,275 sq ft

Terms

Terms offered
CashConventionalFHAVA Loan

Utilities

Water
Lakehaven
Sewer
Sewer Connected
Power
PSE

Schools

District
Federal Way
Elementary
Enterprise Elem
Middle
Illahee Jnr High
High
Todd Beamer High

Listing history

  1. Listed

    $989,500

    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

$5,762

Principal & interest
$5,003
Property tax (est.)
$759

Assumes $197,900 down (20%), a $791,600 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 11:15 AM 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.