$1,090,000
Est. $5,907/moPrice reduced $135,000 from the original $1,225,000 asking price
3 bd•2.25 ba•3,100 sq ft
505 S Marine View Way, Federal Way, WA 98003
• Listed Aug 26, 2026•246 days active · 246 cumulative
Listing Broker: WaLaw Realty LLC; Claire Kather; 425-223-7197; claire@walawrealty.com
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Listing Broker: WaLaw Realty LLC; Claire Kather; 425-223-7197; claire@walawrealty.com
About this home
Imagine Puget Sound sunsets across your sweeping view of the sound from your private stately residence. Situated on a winding corner lot sitting high above the neighboring homes, this jewel of Marine Hills commands your admiration. Spread across three levels, this home features three bedrooms including a full top floor birds nest primary suite with huge ensuite and unique central jetted tub sure to catch the relaxing water view. Main floor offers a large living room anchored by an inviting gas fireplace and an open kitchen with both a formal dining room and a cozy eat-in breakfast nook all surrounded by a wrap around deck sure to take advantage of year round wildlife and water watching. Large 1/3 acre lot with mature landscaping sits high above the street for privacy with both a flat grassy area for activities or lounging and partitioned terraces for gardening and flora. Spacious 2 car garage and A/C! Optional membership to Marine Hills swim and tennis club.
Listed by Claire Kather • WaLaw Realty LLC
Listing updated: October 16, 2026 at 04:11pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2574278
Around this home
How much should you offer?
505 S Marine View Way, 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
- Bath Off Primary
- Ceiling Fan(s)
- Dbl Pane/Storm Window
- Dining Room
- Fireplace
- Jetted Tub
- Skylight(s)
- Vaulted Ceiling(s)
- Walk-In Closet(s)
- 2 fireplaces (gas)
- Finished basement
Kitchen
- Dishwasher
- Double Oven
- Dryer
- Microwave
- Refrigerator
- Stove(s)/Range(s)
- Washer
Bedrooms
- 3 bedrooms total
- 1 upstairs
- 2 on the lower level
Bathrooms
- 1 full bathroom
- 1 three-quarter bathroom (shower, no tub)
- 1 half bathroom
- 2.25 bathrooms total (NWMLS count)
- 1 on the main level
Layout
- Multi Level
- 3,100 sq ft finished
- 530 sq ft garage
Flooring
- Ceramic Tile
- Hardwood
- Carpet
Heating & cooling
- 90%+ High Efficiency heating
- Forced Air heating
- Wall Furnace heating
- Central Air cooling
Schools
Ratings via SchoolDigger- Nautilus K-8 SchoolPublic · Grades K-8 · 0.3 mi · State rank 379 of 1,1386/10
- Sacajawea Middle SchoolPublic · Grades 6-8 · 0.8 mi · State rank 426 of 5142/10
- Federal Way High SchoolPublic · Grades 9-12 · 1.3 mi · State rank 342 of 3962/10
Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.
Single-family home facts
As entered by the listing broker on Northwest MLS
Lot & site
- Topography
- Sloped,Terraces
- Vegetation
- Fruit Trees, Garden Space
- Faces
- Northwest
Systems
- Energy source
- Electric,Natural Gas
- Power production
- Electric, Natural Gas
- Power company
- PSE
- Water company
- Lakehaven
- Sewer company
- Lakehaven
- Gas company
- PSE
- Garbage service
- Waste Management
- Irrigation water rights
- No
- Internet connected
- Comcast Xfinity
Rooms & extras
- Bathtubs
- 1
- Showers
- 1
- Fireplaces on main
- 1
- Fireplaces lower level
- 1
New construction
- Square footage source
- KCR
- Lot size source
- KCr
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.
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Sales & Tax Records for 505 S Marine View Way
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.
- Oct 16, 2026Price reducedNWMLS via MLS Grid · #2574278$1,090,000$352/sq ft
- Aug 26, 2026ListedNWMLS via MLS Grid · #2574278$1,225,000$395/sq ft
- Oct 26, 2021SoldNWMLS via MLS Grid · #1849700$1,236,000$399/sq ft
- Oct 13, 2021PendingNWMLS via MLS Grid · #1849700$1,195,000$385/sq ft
- Oct 7, 2021ListedNWMLS via MLS Grid · #1849700$1,195,000$385/sq ft
- Jan 9, 1992Recorded saleKing County recorder · Warranty deed$357,500$115/sq ft
Mortgage payment forecast
$7,110 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%.
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Listing Broker: WaLaw Realty LLC; Claire Kather; 425-223-7197; claire@walawrealty.com
Market pulse
Federal Way is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
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 81 days.
Recent sales nearby
Within 1 mile · last 6 months$980,000 Sold
1 day ago
4 bd•2.5 ba•~3,760 sq ft•Single Family
29917 1st Place S, Federal Way, WA 98003
2%
Under list
51
Days on market
0.7 mi
Distance
$500,000 Sold
2 days ago
3 bd•2 ba•~1,500 sq ft•Single Family
29751 3rd Avenue S, Federal Way, WA 98003
0%
Over list
83
Days on market
0.6 mi
Distance
$1,318,000 Sold
4 days ago
3 bd•2.75 ba•~5,030 sq ft•Single Family
812 S Marine Hills Way, Federal Way, WA 98003
15%
Under list
160
Days on market
0.2 mi
Distance
$600,000 Sold
1 week ago
4 bd•2 ba•~2,500 sq ft•Single Family
30225 5th Avenue S, Federal Way, WA 98003
0%
Over list
114
Days on market
0.9 mi
Distance
$750,000 Sold
1 week ago
5 bd•2.5 ba•~2,440 sq ft•Single Family
741 S 295th Place, Federal Way, WA 98003
0%
Over list
60
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 Nov 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 November 6, 2026 at 4:04 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.
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© 2026 Northwest Multiple Listing Service. All rights reserved.
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