$1,199,990
Est. $6,355/mo4 bd•3.25 ba•3,292 sq ft
36508 Sw 3rd Place #2, Federal Way, WA 98023
• Listed 2026-03-05•1 day on market
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Single-Story Living! Brand new, contemporary energy-efficient home by award winning builder Ichijo USA! 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 Fall! Only minutes away from I-5, grocery stores, dining, and schools! Call or Text the listing broker to make an Appointment today! Ichijo USA is currently offering a 35k incentive with the use of a 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: September 17, 2026 at 11:41am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2486065
36508 Sw 3rd Place #2, Federal Way, WA 98023
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Neighborhood mobility
Federal Way School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
$7,775 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: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 6 days.
$1,030,000 Sold
4 weeks ago
3 bd•2.5 ba•~3,226 sq ft•Single Family
36607 9th Avenue Sw, Federal Way, WA 98023
3%
Over list
—
Days on market
0.4 mi
Distance
$649,950 Sold
5 weeks ago
4 bd•2.5 ba•~2,610 sq ft•Single Family
831 Sw 364th Place, Federal Way, WA 98023
0%
Over list
—
Days on market
0.4 mi
Distance
$1,265,000 Sold
2 months ago
4 bd•2.75 ba•~3,292 sq ft•Single Family
36520 Sw 3rd Place Street #1, Federal Way, WA 98023
3%
Under list
—
Days on market
0.1 mi
Distance
$862,000 Sold
3 months ago
5 bd•3 ba•~3,450 sq ft•Single Family
35638 8th Avenue Sw, Federal Way, WA 98023
4%
Under list
—
Days on market
0.5 mi
Distance
$1,015,000 Sold
3 months ago
4 bd•2.75 ba•~2,931 sq ft•Single Family
316 Sw 365th Street #6, Federal Way, WA 98023
5%
Under list
—
Days on market
0.1 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 from MLS GRID / NWMLS · Updated Sep 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of September 17, 2026 at 11:41am (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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
Equal Housing Opportunity. RexMont Real Estate is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
$1,176,000
-$23,990 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $701K and $1.01M.
Rental earnings
$3,525/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$1,015,000Last sold price
316 Sw 365th Street #6, Federal Way, WA 98023

$735,000Last sold price
35426 8th Avenue Sw, Federal Way, WA 98023
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
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