$355,000
Est. $1,895/moPrice reduced $25,000 from the original $380,000 asking price
2 bd•2 ba
1920 S 368th Place #205, Federal Way, WA 98003
• Listed Jul 14, 2026•76 days active · 76 cumulative
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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.
Listed by Theodor Chung • Top Agency
Listing updated: September 18, 2026 at 10:12am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2553938
Open houses
No upcoming open houses scheduled for this property.
Around this home
How much should you offer?
1920 S 368th Place #205, Federal Way, WA 98003
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
Bathrooms
- 2 full bathrooms
Flooring
- Laminate
- Vinyl Plank
Heating & cooling
- Forced Air heating
- Central Air cooling
Neighborhood mobility
Walk, bike & transit scores
Source: Walk Score®, Bike Score® and Transit Score® are provided by Walk Score (walkscore.com), a third-party service. This is not Northwest MLS listing data.
Schools
Ratings via SchoolDiggerFederal Way School District
- Rainier View Elementary SchoolPublic · Grades PK-5 · State rank 1,062 of 1,1601/10
- Sequoyah Middle SchoolPublic · Grades 6-8 · State rank 493 of 5341/10
- Todd Beamer High SchoolPublic · Grades 9-12 · State rank 380 of 4382/10
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.
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.
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
$2,651 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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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.
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 18, 2026 at 10:12am (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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