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Listed by Theodor Chung • Top Agency.
FOR SALE

$335,000

Est. $1,856/mo

Price reduced $45,000 from the original $380,000 asking price

2 bd•2 ba•1,116 sq ft

1920 S 368th Place #205, Federal Way, WA 98003

• Listed Jul 14, 2026•96 days active · 96 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: Top Agency; Theodor Chung; 253-218-9073; rebiz.theo@gmail.com

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Listing Broker: Top Agency; Theodor Chung; 253-218-9073; rebiz.theo@gmail.com

About this home

Welcome to Regency Ridge, a sought-after gated community offering privacy, security, and a peaceful park-like setting just minutes from everything you need. This beautifully remodeled condo features newer luxury vinyl plank flooring throughout, creating a clean, modern feel. The updated kitchen boasts granite countertops, abundant cabinetry, a pantry closet, and a spacious breakfast bar that opens to the bright living room. Large picture windows fill the space with natural light, while a cozy gas fireplace overlooks the tranquil wooded setting. Step outside to your private patio, perfect for morning coffee, BBQs, or relaxing with peaceful greenbelt views. The oversized front patio provides additional outdoor living space, ideal for gardening or entertaining. The spacious primary suite overlooks the trees and features a walk-in closet and private en-suite bathroom. The location is hard to beat, with I-5, Costco, Federal Way Crossings, Home Depot, shopping, restaurants, and everyday conveniences all just 3–5 minutes away. Additional highlights include two designated parking spaces, the potential to build a garage (subject to HOA approval), ample guest parking, and a pet-friendly community. A rare opportunity to own an updated, low-maintenance home in one of Federal Way's most desirable gated communities.

Property type
Condo
Year built
1995
Interior
1,116 sq ft
Lot size
Not listed
Parking
Uncovered
Price / sq ft
$300
HeatingForced Air
CoolingCentral Air
Property taxes$3,363.66/yr (est.)
HOA dues$387/mo
School districtFederal Way

Listed by Theodor Chung • Top Agency

Listing updated: October 12, 2026 at 04:12pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2553938

Around this home

RexMont OfferEdge™

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1920 S 368th Place #205, Federal Way, WA 98003

List price
$335,000
Down payment
$67,000

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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

  • Cooking-Electric
  • Dryer-Electric
  • Fireplace
  • Ground Floor
  • Insulated Windows
  • Primary Bathroom
  • Walk-In Closet(s)
  • Washer
  • Water Heater
  • Fireplace (gas)

Kitchen

  • Dishwasher
  • Disposal
  • Dryer
  • Microwave
  • Refrigerator
  • Stove(s)/Range(s)
  • Washer

Bedrooms

  • 2 bedrooms total
  • 2 on the main level

Bathrooms

  • 2 full bathrooms
  • 2 on the main level

Layout

  • Condo (1 Level)

Laundry

  • Electric Dryer Hookup laundry
  • Washer Hookup laundry

Flooring

  • Laminate
  • Vinyl Plank

Heating & cooling

  • Forced Air heating
  • Central Air cooling

Schools

Ratings via SchoolDigger

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.

Condominium facts

As entered by the listing broker on Northwest MLS

Building & HOA

Building
REGENCY RIDGE CONDOMINIUM
Floor of unit
1
Units in building
9
Stories in building
1
Common interest community
Yes
HOA dues
$387
Dues frequency
Monthly
Dues include
Common Area Maintenance, Earthquake Insurance, Lawn Service, Road Maintenance, Snow Removal
Other dues or fees
No
Association contact
Regency Ridge HOA, Marie
First right of refusal
No

Rules

Rental cap
No Rental Cap
Pets
Subject to Restrictions
55+ community
No

Unit

Assigned parking
2
Parking space numbers
1920 / 1920
Unit features
Ground Floor,Insulated Windows,Primary Bath,Walk-in Closet
Common property features
Clubhouse,Fire Sprinklers,Garden Space,Gated Entry,High Speed Int Avail,Outside Entry,Security Gate
Access stairs
16
Laundry
Electric Dryer Hookup, Washer Hookup

Systems

Energy source
Electric,Natural Gas
Power production
Electric, Natural Gas
Water heater
Gas
Water heater location
Laundry Room
Power company
PSE
Water company
Lake Haven
Sewer company
Lake Haven
Gas company
PSE
Garbage service
Waste Management
Irrigation water rights
No
Internet connected
Xfinity
Cable connected
Xfinity

Green & certifications

Energy-efficient features
Insulated Windows

Rooms & extras

Window coverings
Blinds
Bathtubs
2
Showers
2
Fireplaces on main
1

New construction

Square footage source
Realist
Lot size source
Realist
Effective year built source
Public Records

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.

Members

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Sales & Tax Records for 1920 S 368th Place #205

NWMLS via MLS Grid · King County Assessor

Every 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.

  1. Oct 12, 2026
    Price reduced
    NWMLS via MLS Grid · #2553938
    $335,000
    $300/sq ft
  2. Jul 14, 2026
    Listed
    NWMLS via MLS Grid · #2553938
    $380,000
    $341/sq ft
  3. Jun 6, 2024
    Sold
    NWMLS via MLS Grid · #2229572
    $345,000
    $309/sq ft
  4. May 6, 2024
    Pending
    NWMLS via MLS Grid · #2229572
    $349,950
    $314/sq ft
  5. May 3, 2024
    Listed
    NWMLS via MLS Grid · #2229572
    $349,950
    $314/sq ft
  6. May 25, 2017
    Sold
    NWMLS via MLS Grid · #1063930
    $231,500
    $207/sq ft

Down payment assistance

6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.

Northwest MLS lists this home as eligible for down payment assistance programs

Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.

Mortgage payment forecast

$2,607 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Source: 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%.

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Listing Broker: Top Agency; Theodor Chung; 253-218-9073; rebiz.theo@gmail.com

Market pulse

Federal Way is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market
  • Offer insight: Homes typically sell with one offer near asking price.

  • List to sale price: The average home sells very close to list price.

  • Time on market: The average home goes pending in around 69 days.

Want a deeper read on this market?

Ask a RexMont agent

Market data from MLS GRID / NWMLS · Updated Oct 2026

Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of October 18, 2026 at 2:16 PM PT (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.

Some IDX listings have been excluded from this website.

© 2026 Northwest Multiple Listing Service. All rights reserved.

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