$1,199,990
Est. $6,647/mo4 bd•3.25 ba•3,292 sq ft
36508 SW 3rd Place #2, Federal Way, WA 98023
• Listed Mar 5, 2026•385 days active · 385 cumulative
Listing Broker: James & Associates R.E. Inc.; Kyle Summers; 206-940-6861; summers.kyle@gmail.com
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Listing Broker: James & Associates R.E. Inc.; Kyle Summers; 206-940-6861; summers.kyle@gmail.com
About this home
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 22, 2026 at 05:11pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2486065
Around this home
How much should you offer?
36508 SW 3rd Place #2, Federal Way, WA 98023
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
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.
Property details
Interior features
- Fireplace
- Pantry
- Sprinkler System
- Walk-In Closet(s)
- Water Heater
- Fireplace (electric)
Kitchen
- Dishwasher
- Disposal
- Microwave
- Stove(s)/Range(s)
Bedrooms
- 4 bedrooms total
- 1 on the main level
- 3 on the lower level
Bathrooms
- 2 full bathrooms
- 1 three-quarter bathroom (shower, no tub)
- 1 half bathroom
- 3.25 bathrooms total (NWMLS count)
- 2 on the main level
Layout
- 2 Story
- 3,292 sq ft finished
Flooring
- Vinyl Plank
Heating & cooling
- Heat Pump heating
- High Efficiency (Unspecified) heating
- Forced Air cooling
- High Efficiency (Unspecified) cooling
Schools
Ratings via SchoolDiggerFederal Way School District
- Buyer To VerifyPublic · Grades Elementary—
- Buyer To VerifyPublic · Grades Middle—
- Buyer To VerifyPublic · Grades High—
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.
Single-family home facts
As entered by the listing broker on Northwest MLS
Lot & site
- Lot dimensions
- 18,180 Sq Ft
- Topography
- Partial Slope
- Lot number
- 2
- Zoning jurisdiction
- City
- Faces
- South
- Bus route
- 500
Systems
- Energy source
- Electric
- Power production
- Electric
- Water heater
- Hybrid Electric Heat Pump
- Water heater location
- Garage
- Irrigation water rights
- No
Rooms & extras
- Bathtubs
- 2
- Showers
- 2
- Fireplaces on main
- 1
New construction
- New construction state
- Under Construction
- Estimated completion
- Jan 31, 2026
- Builder
- Ichijo USA
- Square footage source
- Builder Plans
- Lot size source
- Builder Plans
- Effective year built source
- Public Records
Manufactured home
- Land lease
- No
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 36508 SW 3rd Place #2
NWMLS via MLS Grid · King County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Mar 5, 2026ListedNWMLS via MLS Grid · #2486065$1,199,990$365/sq ft
- Jun 28, 2023Recorded saleKing County recorder · Statutory warranty deed$3,075,000$934/sq ft
Mortgage payment forecast
$8,067 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
Ask about this home
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Listing Broker: James & Associates R.E. Inc.; Kyle Summers; 206-940-6861; summers.kyle@gmail.com
Market pulse
Federal Way is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
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 58 days.
Recent sales nearby
Within 1 mile · last 6 months$485,000 Sold
2 weeks ago
3 bd•1.75 ba•~1,200 sq ft•Single Family
1404 SW 360th Street, Federal Way, WA 98023
2%
Over list
95
Days on market
0.7 mi
Distance
$569,000 Sold
5 weeks ago
4 bd•2.5 ba•~1,780 sq ft•Single Family
35623 9th Avenue SW, Federal Way, WA 98023
0%
Over list
16
Days on market
0.6 mi
Distance
$960,000 Sold
5 weeks ago
5 bd•2.75 ba•~3,460 sq ft•Single Family
35826 9th Avenue SW, Federal Way, WA 98023
1%
Over list
55
Days on market
0.5 mi
Distance
$1,225,000 Sold
6 weeks ago
5 bd•3.25 ba•~3,350 sq ft•Single Family
505 SW 366th Street, Federal Way, WA 98023
4%
Under list
74
Days on market
0.1 mi
Distance
$915,000 Sold
6 weeks ago
4 bd•3.25 ba•~3,265 sq ft•Single Family
35816 2nd Avenue SW, Federal Way, WA 98023
1%
Under list
85
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 from MLS GRID / NWMLS · Updated Oct 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of September 22, 2026 at 05:11pm (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.
HO
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