$1,299,900
Est. $6,594/mo3 bd•0.5 ba•3,100 sq ft
505 S Marine Hills Way, Federal Way, WA 98003
• Listed 2026-03-05•59 days on market
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Based on information submitted to the MLS GRID as of June 1, 2026 at 11:56 AM PDT (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.
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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 en-suite and unique central jetted tub sure to catch the water view white you relax. Main floor offers a large living room with solid natural oak wood floors, 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: April 2, 2026 at 04:12pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2487991
Open houses
No upcoming open houses scheduled for this property.
5 recent nearby sales, priced between $724K and $1.4M.

$1,400,000Last sold price
619 Sw 297th Street, Federal Way, WA 98023

$723,999Last sold price
337 S 302nd Place, Federal Way, WA 98003

$735,000Last sold price
2322 S 284th Court, Federal Way, WA 98003
$7,894 per month
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Federal Way is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
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 38 days.
$949,422 Sold
2 months ago
5 bd•2 ba•~2,983 sq ft•Single Family
30218 11th Place S, Federal Way, WA 98003
0%
Over list
—
Days on market
0.9 mi
Distance
$313,000 Sold
4 months ago
3 bd•1.5 ba•~2,180 sq ft•Single Family
1110 S 287th Street, Federal Way, WA 98003
0%
Over list
—
Days on market
0.4 mi
Distance
$922,580 Sold
5 months ago
5 bd•2 ba•~2,983 sq ft•Single Family
30214 11th Place S, Federal Way, WA 98003
0%
Over list
—
Days on market
0.9 mi
Distance
$995,000 Sold
5 months ago
4 bd•1 ba•~2,560 sq ft•Single Family
29628 10th Place S, Federal Way, WA 98003
2%
Over list
—
Days on market
0.6 mi
Distance
$755,000 Sold
5 months ago
4 bd•2 ba•~2,710 sq ft•Single Family
29419 4th Avenue S, Federal Way, WA 98003
1%
Over list
—
Days on market
0.3 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 via RentCast · Updated Jun 2026
Schools shown are the nearest public Elementary, Middle, and High school for this property. School district boundaries change — verify the assigned school with the district before purchasing.