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Listed by Theodor Chung • Top Agency.
FOR SALE

$355,000

Est. $1,895/mo

Price 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

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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
Not listed
Lot size
Not listed
Parking
Uncovered
Price / sq ft
Not listed
HeatingForced Air
CoolingCentral Air
Property taxes$3,363.66/yr (est.)
HOA dues$386.95/mo
School districtFederal Way

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.

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

List price
$355,000
Down payment
$71,000

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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

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 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.

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 rate
Principal and interest
Property taxes
HOA dues
Home insurance

Takes about 5 minutes & won't affect your credit

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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

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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.

Buyer's marketSeller's market
  • 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.

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Market 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.

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