Listed by BCR LLC
$1,374,950
PENDING NEW CONSTRUCTION $25K PRICE DROP

541 SW 366th St Unit 1 Federal Way, WA 98023

Estimated payment $7,696/month

Total Views 11,822
3 Beds
2.5 Baths
2,850 Sq Ft
$482 Price per Sq Ft

Highlights

  • New Construction
  • Freestanding Bathtub
  • Vaulted Ceiling
  • RV Access or Parking
  • Territorial View
  • Traditional Architecture

About This Home

JK Monarchs South Campus Estates! PRICE REDUCTION. No HOAs & SEWER CONNECTED on Shy 1/3 ACRE HOMESITES! A Stunning single-level MODEL HOME, w a 2-Car + RV garage bay & Elegant Living all on 1 level. A Grand Entry Foyer greets you w 11’ Ceilings as you enter & into the Great room with its Beamed accents. An incredible Island Kitchen features a large Island, High-end appliances & an Abundance of Cabinetry. Beamed Vaulted Ceiling in Primary Suite & a Large Tiled walk-in Shower & Stand-alone Tub, Gorgeous Lighting Upgrades, Surround speakers, Engineered Hardwoods. Located in a community of Upscale homes on Lrg Homesites. The ultimate in NW Lifestyle with access to Freeways N & S yet a serene setting. Photos are actual

Listing Agent

Gini Anderson

BCR LLC License #27862 Listed on: 07/31/2025

BCR LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2407554

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,884

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 0.35 Acre Lot
  • North Facing Home
  • Property is Fully Fenced
  • Corner Lot
  • Level Lot
  • Sprinkler System
  • Property is in very good condition

Parking

  • 3 Car Attached Garage
  • Driveway
  • RV Access or Parking

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 2,850 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Gas Fireplace
  • Dining Room
  • Territorial Views
  • Storm Windows

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Stove
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • Freestanding Bathtub

Outdoor Features

  • Patio

Schools

  • Illahee Jnr High Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Water Heater
  • High Speed Internet
  • High Tech Cabling

Community Details

  • No Home Owners Association
  • Carolyn Tucker Association
  • Built by JK Monarch
  • Federal Way Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 7879650010

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,884

Year Built

Built in 2025 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 10 - 1 Story
  • Year Built: 2025
  • Inclusions: Dishwasher(s),Double Oven,Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s)
  • MLS Status: Pending Inspection
  • Prev Status: Pending
  • Architectural Style: Traditional
  • Unit Levels: One
  • New Construction: Yes
  • CalculatedSquareFootage: 2850
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • EstimatedCompletionDate: 2025-07-31
  • NewConstruction: Under Construction
  • Special Features: 4098

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher(s), Disposal, Double Oven, Microwave(s), Refrigerator(s), Stove(s)/Range(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Engineered Hardwood, Vinyl, Carpet
  • Interior Amenities: Bath Off Primary, Double Pane/Storm Window, Dining Room, Fireplace, High Tech Cabling, Sprinkler System, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry, Water Heater, Wet Bar, Wine/Beverage Refrigerator
  • Living Area: 2850
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Bathrooms: 2.5
  • BathsFullMain: 2
  • FireplacesMain: 1
  • SquareFootageFinished: 2850
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher(s),Double Oven,Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s)
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot, Paved
  • View: Yes
  • Waterfront: No
  • Builder Name: JK Monarch
  • Construction Type: Cement Plank
  • Direction Faces: North
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, RV Parking
  • Total Parking Spaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Fully Fenced
  • Cooling: Forced Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: LakeHaven
  • WaterCompany: LakeHaven
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Electric
  • CableConnected: Xfinity
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Senior Community: No
  • Association: No
  • AssociationContactName: Carolyn Tucker

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Federal Way
  • High School: Buyer To Verify
  • Middle Or Junior School: Illahee Jnr High

Lot Info

  • Parcel Number: 7879650010
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.3504
  • Lot Size Sq Ft: 15262
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,High Speed Internet,Patio,RV Parking,Sprinkler System
  • MLSLotSizeSource: Plat map
  • MLSSquareFootageSource: Builder
  • ZoningJurisdiction: City
  • LotNumber: 1

Green Features

  • Power Production Type: Electric

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2025

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Buyer To Verify

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,884 $469,000 $235,000 $234,000
2023 $2,081 $196,000 $196,000 --
2022 -- -- -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2025 09/19/25 Pending -- -- --
09/15/2025 09/15/25 Price Changed $1,374,950 -1.8% $482 / Sq Ft
07/31/2025 07/31/25 For Sale $1,399,950 -- $491 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $300,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $895,000 New Conventional
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2407554

Northwest Multiple Listing Service (NWMLS)

APN: 787965-0010