$1,199,990
Est. $6,087/mo4 bd•0.5 ba•3,292 sq ft
36508 Sw 3rd Place #2, Federal Way, WA 98023
• Listed 2026-03-05•New today
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Based on information submitted to the MLS GRID as of May 29, 2026 at 1:47 PM PDT (date and time MLS GRID Data was obtained). 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.
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Brand new, contemporary energy-efficient home by award winning builder Ichijo USA! Single-Story Living! 3292 sqft, 4 beds plus den, 3.25 baths, Sunny, Spacious Balcony with Territorial Views! 20,000 sq ft estate-sized home site! The main floor features a luxurious primary suite with a five-piece bathroom! Also on the main floor you will find an open, bright living area with vaulted ceilings, modern kitchen, dining space, guest bathroom and den! Lower level: 3 beds, living room, including an ensuite for your ample comfort and convenience. Move-in ready by summer! Only minutes away from I-5, grocery stores, dining, and schools! Ask about the 30k flex cash incentive with use of preferred lender! If represented by a broker, broker must accompany & register at 1st visit. See Site Registration Policy 4772.
Listed by Kyle Summers • James & Associates R.E. Inc.
Listing updated: May 28, 2026 at 09:45pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2486065
Open houses
5 recent nearby sales, priced between $960K and $1.18M.

$1,030,000Last sold price
36515 3rd Place Sw #5, Federal Way, WA 98023

$978,990Last sold price
36521 Sw 3rd Place Street #4, Federal Way, WA 98023

$990,490Last sold price
324 Sw 365th St #7, Federal Way, WA 98023
$7,287 per month
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Federal Way is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 29 days.
$588,500 Sold
4 months ago
3 bd•2 ba•~1,444 sq ft•Single Family
35616 15th Ave Sw, Federal Way, WA 98023
1%
Over list
—
Days on market
0.9 mi
Distance
$490,000 Sold
4 months ago
3 bd•2 ba•~1,232 sq ft•Single Family
36935 4th Avenue Sw, Federal Way, WA 98023
2%
Over list
—
Days on market
0.4 mi
Distance
$550,000 Sold
5 months ago
2 bd•1 ba•~940 sq ft•Single Family
37226 1st Avenue Sw, Federal Way, WA 98023
0%
Over list
—
Days on market
0.5 mi
Distance
$885,000 Sold
5 months ago
4 bd•2.5 ba•~2,850 sq ft•Single Family
709 Sw 353rd Place, Federal Way, WA 98023
3%
Under list
—
Days on market
0.8 mi
Distance
$1,695,000 Sold
6 months ago
4 bd•3.5 ba•~5,540 sq ft•Single Family
35825 4th Place Sw, Federal Way, WA 98023
0%
Over list
—
Days on market
0.4 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data via RentCast · Updated May 2026
1.7/10
Car required
Almost all errands need a car
0.1/10
Bike-limited
Few or no bike lanes
2.8/10
Some Transit
A few nearby transit options
Provided by Walk Score
Schools shown are the nearest public Elementary, Middle, and High school for this property. School district boundaries change — verify the assigned school with the district before purchasing.