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505 SW 305th Place Federal Way, WA $ 549,950
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$ 549,950 Get more info
505 SW 305th Place
$ 549,950
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Open House 12/13 12pm - 2pm
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505 SW 305th Place

Federal Way, WA, 98023
$ 549,950
Bedrooms2 Baths2.0 Sq 1,100

Monthly Estimate*

$ 3,431

Listed by KW Lake Washington So
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Single Family Home for sale in Federal Way, WA

for $549,950 with 2 bedrooms and 2 full baths. This 1,100 square foot home was built in 1960 on a lot size of 0.1951.

Welcome to this charming 2 bedroom, 1¾ bathroom one-story home! Situated on a large, flat corner lot with excellent parking & yard access. Enjoy spacious living & dining areas, an updated open kitchen w/quartz counters, breakfast bar, bright, new cabinetry, updated electrical, generator hook-up & 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 & plenty of space to entertain. The oversized driveway can easily fit 6 cars! Ideal location near schools, parks, shops, restaurants, freeway access & Redondo Beach.

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Open House

12/13/2025 12:00 PM - 2:00 PM
12/14/2025 12:00 PM - 2:00 PM
505 SW 305th Place Federal Way, WA
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
Single Family Active

Price

$ 549,950

Bedrooms

2

Full Bath

2

Property Type

Single Family

Taxes

$ 4,317

Style

1 Story

Lot Size

0.1951

Year Built

1960

Town/City

Federal Way

County/Region

King

MLS | Web ID

2459200
Features
General
Living Area 1100
Sewer Septic Tank
Heating Forced Air
Cooling None
Possession Closing
Roof Composition
Appliances Dishwasher(s) Microwave(s) Refrigerator(s) Stove(s)/Range(s)
HOA Fee 0
Security Features Fully Fenced Security System
Year Built 1960
View Territorial
Topography Level
Levels One
Property Subtype Single Family Residence
Tax Year 2025
County King
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name Federal Way
Full Baths 1
Special Listing Conditions None
Status Active
Directions From 320th in Federal Way - go Right on 1st Ave Left on SW 305th Street house five blocks down on left. House faces 5th Ave
High School Federal Way Snr High
City Federal Way
Entry Location Main
Senior Community Y/N N
High School District Federal Way
MLS Area 110 - Dash Point/Federal Way
Lot Size Units Square Feet
Lot Size Square Feet 8500
Carport Y/N N
Listing Terms Cash Out Conventional FHA VA Loan
Elementary School Lake Grove Elem
Land Lease Y/N N
Tax Annual Amount 4317
Middle/Junior High School Sacajawea Jnr High
Public Remarks Welcome to this charming 2 bedroom 1 bathroom one-story home! Situated on a large flat corner lot with excellent parking & yard access. Enjoy spacious living & dining areas an updated open kitchen w/
Virtual Tour https://my.matterport.com/show/?m=Kh6yMKpb7XU&mls=1
Structure Type House
Building Area Units Square Feet
Standard Status Active
Water Company Lake Haven
Property Style 10 - 1 Story
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Interior
Interior Amenities Bath Off Primary Double Pane/Storm Window Dining Room High Tech Cabling Security System Walk-In Closet(s) Water Heater Wired for Generator
Basement None
Flooring Laminate Vinyl
Total Fireplaces 0
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Half Baths 0
3/4 Baths 1
Total Bedrooms 2
Main Level Bedrooms 2
Total Baths 2
Bedrooms Possible 2
Water Heater Type Gas
Water Heater Location Closet
Power Production Type Electric Natural Gas
Baths Three Quarter Garage 0
Baths Three Quarter Lower 0
Baths Three Quarter Main 1
Baths Three Quarter Upper 0
Bedrooms Lower 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Half Main 0
Baths Half Lower 0
Baths Half Garage 0
Baths Full Upper 0
Baths Full Main 1
Baths Full Lower 0
Baths Full Garage 0
Bathrooms 1.75
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Exterior
Exterior Amenities Wood
Vegetation Garden Space
Parking Features Driveway Off Street RV Parking
Lot Features Corner Lot Paved
Water Source Public
Total Parking 0
Inclusions Dishwasher(s) Microwave(s) Refrigerator(s) Stove(s)/Range(s)
Foundation Details Poured Concrete
Building Area Total 1100
Lot Size Acres 0.1951
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV Fenced-Fully High Speed Internet Outbuildings Patio RV Parking
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Internal Only
OriginalMLSID NWM2459200
Street Number 1 505
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* Excluded Features
List By
David P. Huynh

Listing Agent

Kw Lake Washington So

Broker

Affordability Calculator

$3,791
Per Month
91%
9%
0%
Monthly Principal & Interest
$3,431
Monthly Property Taxes
$360
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4618539 Elementary School
257143 Middle School
Federal Way Snr High High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/6/2025$549,950 Listed Price

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505 SW 305th Place, Federal Way, WA, 98023 is a Single Family Home for sale at $549,950 with 1,100 sqft and a lot size of 0.1951. 505 SW 305th Place has 2 bedrooms, 2.0 baths, and was built in 1960. The property's zip code is 98023 which is in Federal Way, WA

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