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!
Pending - backup offer requested
Listed by: Windermere RE West Campus Inc • Stephen Janho
$989,500
617 SW 361st Street, Federal Way, WA 98023
4beds
3,520sqft
Single Family Residence
Built in 2003
0.42 Acres Lot
$980,100 Zestimate®
$281/sqft
$-- HOA
What's special
Huge bonus room upstairsOpen-concept designElite curb appealRare larger lot
- 21 days |
- 1,063 |
- 73 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Stephen Janho,
Windermere RE West Campus Inc
Source: NWMLS as distributed by MLS GRID,MLS#: 2562454
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Second
Bathroom full
- Level: Second
Bathroom full
- Level: Second
Other
- Level: Second
Other
- Level: Main
Bonus room
- Level: Second
Den office
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Family room
- Level: Main
Great room
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Fireplace, Forced Air, Heat Pump, Electric, Natural Gas
Cooling
- Forced Air, Heat Pump
Appliances
- Included: Dishwasher, Disposal, Double Oven, Microwave, Refrigerator, Stove(s)/Range(s), Dishwasher(s), Garbage Disposal, Microwave(s), Refrigerator(s), Water Heater: Gas, Water Heater Location: Garage
Features
- Bath Off Primary, Central Vacuum, Dining Room, Pantry
- Flooring: Ceramic Tile, Hardwood, Carpet
- Doors: French Doors
- Windows: Dbl Pane/Storm Window, Skylight(s)
- Basement: None
- Number of fireplaces: 3
- Fireplace features: Gas, Main Level: 2, Upper Level: 1, Fireplace
Interior area
- Total structure area: 3,520
- Total interior livable area: 3,520 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Attached Garage, Off Street, RV Parking
- Has attached garage: Yes
- Covered spaces: 3
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Bath Off Primary, Built-In Vacuum, Dbl Pane/Storm Window, Dining Room, Fireplace, Fireplace (Primary Bedroom), French Doors, Pantry, Security System, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Water Heater
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.42 Acres
- Dimensions: 0.42 ac
- Features: Curbs, Paved, Sidewalk, Cable TV, Fenced-Fully, High Speed Internet, Outbuildings, Patio, RV Parking, Sprinkler System
- Topography: Level
- Residential vegetation: Garden Space
Details
- Parcel number: 7436800030
- Zoning: RS15.0
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman,2 Story
- Property subtype: Single Family Residence
Materials
- Cement Planked, Stucco, Wood Siding, Cement Plank
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 2003
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected
- Water: Public, Company: Lakehaven
- Utilities for property: Xfinity, Xfinity
Community & HOA
Community
- Security: Security System
- Subdivision: Federal Way
Location
- Region: Federal Way
Financial & listing details
- Price per square foot: $281/sqft
- Tax assessed value: $955,000
- Annual tax amount: $9,661
- Date on market: 8/4/2026
- Cumulative days on market: 17 days
- Listing terms: Conventional,FHA,VA Loan
- Inclusions: Dishwasher(s), Double Oven, Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s)
Estimated market value
$980,100
$931,000 - $1.03M
$4,291/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/14/2026 | Pending sale | $989,500$281/sqft |
Source:  NWMLS as distributed by MLS GRID #2562454 Report a problem | ||
| 7/31/2026 | Listed for sale | $989,500+46.6%$281/sqft |
Source: NWMLS as distributed by MLS GRID #2562454 Report a problem | ||
| 6/18/2018 | Sold | $675,000-3.6%$192/sqft |
Source: NWMLS as distributed by MLS GRID #1279383 Report a problem | ||
| 5/3/2018 | Pending sale | $699,950$199/sqft |
Source: John L Scott Real Estate #1279383 Report a problem | ||
| 4/30/2018 | Listed for sale | $699,950+58%$199/sqft |
Source: John L Scott Real Estate #1279383 Report a problem | ||
| 9/25/2003 | Sold | $443,000$126/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,662 +6.5% | $955,000 +3.9% |
| 2024 | $9,069 +0.8% | $919,000 +10.6% |
| 2023 | $8,999 +3.3% | $831,000 -7.3% |
| 2022 | $8,711 +8.4% | $896,000 +25% |
| 2021 | $8,039 +14.8% | $717,000 +22.6% |
| 2020 | $7,001 +2.5% | $585,000 +1.6% |
| 2019 | $6,829 +3.7% | $576,000 |
| 2018 | $6,586 -8.9% | $576,000 +12.7% |
| 2017 | $7,227 +5.8% | $511,000 +2.4% |
| 2016 | $6,828 | $499,000 -0.2% |
| 2015 | $6,828 | $500,000 +5.5% |
| 2014 | $6,828 | $474,000 +9.5% |
| 2013 | $6,828 | $433,000 -1.1% |
| 2012 | -- | $438,000 -9.7% |
| 2011 | -- | $485,000 -1% |
| 2010 | -- | $490,000 |
| 2009 | -- | $490,000 -3.5% |
| 2007 | -- | $508,000 +6.5% |
| 2006 | -- | $477,000 +8.2% |
| 2005 | -- | $441,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 98023
Nearby schools
GreatSchools rating
- 4/10Illahee Middle SchoolGrades: 5-8Distance: 0.3 mi
- 3/10Todd Beamer High SchoolGrades: 9-12Distance: 1.3 mi
- 5/10Enterprise Elementary SchoolGrades: PK-5Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Enterprise Elem
- Middle: Illahee Jnr High
- High: Todd Beamer High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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