2516 S 367th Place Federal Way, WA $ 700,000
2516 S 367th Place
$ 700,000
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Open House 5/16 1:30pm - 3:30pm
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2516 S 367th Place

Federal Way, WA, 98003
$ 700,000
Bedrooms3 Baths2.1 Sq 1,640

Monthly Estimate*

$ 4,310

Listed by Skyline Properties, Inc.
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Single Family Home for sale in Federal Way, WA

for $700,000 with 3 bedrooms and 2 full baths, 1 half bath. This 1,640 square foot home was built in 1987 on a lot size of 0.1995.

Nestled in a quiet and established neighborhood, this beautifully maintained tri-level residence offers the perfect blend of comfort, functionality, and lifestyle convenience. Ideally located just minutes from Five Mile Lake Park, this home provides easy access to outdoor recreation while still enjoying a peaceful residential setting.Inside, you’ll find a thoughtfully designed layout featuring 3 spacious bedrooms, a welcoming living room, and an additional family room that offers flexible space for entertaining, relaxing, or working from home. A cozy fireplace serves as the heart of the home, creating a warm and inviting atmosphere year-round.The bright and airy dining area is truly a standout, highlighted by expansive panoramic windows that flood the space with natural light and create an effortless connection to the outdoors.Step outside to enjoy multiple outdoor living spaces, including both front and backyard deck and patio areas, perfect for morning coffee, summer gatherings, or quiet evenings under the sky. The outdoor setup enhances both curb appeal and everyday livability.A unique bonus to this property is the detached shed, thoughtfully converted into a personal gym space, ideal for fitness, hobbies, or a private retreat.With its convenient location, versatile floor plan, abundant natural light, and rare lifestyle features, this home offers an exceptional opportunity for comfortable living in a highly desirable area.

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Open House

5/16/2026 1:30 PM - 3:30 PM
5/17/2026 1:30 PM - 3:30 PM
2516 S 367th 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

$ 700,000

Bedrooms

3

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 6,203

Style

Tri-Level

Lot Size

0.1995

Year Built

1987

Town/City

Federal Way

County/Region

King

MLS | Web ID

2519290

Features
General
Living Area 1640
Sewer Sewer Connected
Heating Forced Air
Cooling Heat Pump
Possession Closing
Roof Composition
Appliances Dishwasher Dryer Refrigerator Stove(s)/Range(s) Washer
HOA Fee 0
Security Features Partially Fenced
Year Built 1987
Levels Three Or More
Property Subtype Single Family Residence
Tax Year 2026
County King
New Construction N
Property Type Residential
HOA N
Attached Garage Y
Subdivision Name Federal Way
Garage Y/N Y
Full Baths 0
Special Listing Conditions None
Status Active
Directions GPS friendly.
High School Buyer To Verify
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 8692
Carport Y/N N
Listing Terms Cash Conventional FHA VA Loan
Elementary School Buyer To Verify
Land Lease Y/N N
Tax Annual Amount 6203.33
Middle/Junior High School Buyer To Verify
Public Remarks Nestled in a quiet and established neighborhood this beautifully maintained tri-level residence offers the perfect blend of comfort functionality and lifestyle convenience. Ideally located just minut
Virtual Tour https://my.matterport.com/show/?m=hgBHeCxD5Yh
Structure Type House
Building Area Units Square Feet
Standard Status Active
Property Style 13 - Tri-Level
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Interior
Interior Amenities Bath Off Primary Fireplace French Doors Skylight(s)
Basement Finished
Flooring Ceramic Tile Laminate Vinyl
Total Fireplaces 1
Fireplace Features Wood Burning
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Half Baths 1
3/4 Baths 2
Total Bedrooms 3
Main Level Bedrooms 0
Total Baths 3
Fireplaces Main 1
Power Production Type Natural Gas
Baths Three Quarter Garage 0
Baths Three Quarter Lower 0
Baths Three Quarter Main 0
Baths Three Quarter Upper 2
Bedrooms Lower 0
Bedrooms Upper 3
Baths Half Upper 0
Baths Half Main 0
Baths Half Lower 1
Baths Half Garage 0
Baths Full Upper 0
Baths Full Main 0
Baths Full Lower 0
Baths Full Garage 0
Bathrooms 2
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Exterior
Exterior Amenities Metal/Vinyl Wood
Parking Features Driveway Attached Garage RV Parking
Lot Features Paved Sidewalk
Water Source Public
Total Parking 2
Inclusions Dishwasher(s) Dryer(s) Refrigerator(s) Stove(s)/Range(s) Washer(s)
Foundation Details Poured Concrete Slab
Building Area Total 1640
Lot Size Acres 0.1995
Waterfront Y/N N
Covered Spaces 2
Irrigation Water Rights Y/N N
Site Features Cable TV Deck Fenced-Partially Gas Available RV Parking Shop
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Internal Only
OriginalMLSID NWM2519290
Street Number 1 2516
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* Excluded Features
List By
Vadim Polishchuk

Listing Agent

Skyline Properties, Inc.

Broker

Affordability Calculator

$4,827
Per Month
89%
11%
0%
Monthly Principal & Interest
$4,310
Monthly Property Taxes
$517
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
3100707 Elementary School
3100498 Middle School
Buyer To Verify High School High School
Pricing History
DatePricePrice ChangeDescription
5/8/2026$700,000 Listed Price

Map


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2516 S 367th Place, Federal Way, WA, 98003 is a Single Family Home for sale at $700,000 with 1,640 sqft and a lot size of 0.1995. 2516 S 367th Place has 3 bedrooms, 2.1 baths, and was built in 1987. The property's zip code is 98003 which is in Federal Way, WA