505 S Marine Hills Way, Federal Way, WA, 98003
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 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.
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1981
Materials
- Foundation: Poured Concrete,Slab
- Roof: Flat,Torch Down
- Construction materials: Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Multi Level
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Double Oven,Dryer,Microwave,Refrigerator,Stove(s)/Range(s),Washer,Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Washer(s),Water Heater: Gas,Water Heater Location: Garage
Basement
- Has basement: Yes
- Basement: Finished
Bathroom Full
- Level: Second
Bedroom
- Level: Lower
Bedroom
- Level: Lower
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Dining Room
- Level: Main
Entry Hall
- Level: Split
Family Room
- Level: Lower
Features
- Bath Off Primary,Ceiling Fan(s),Dining Room
- Window features: Dbl Pane/Storm Window,Skylight(s)
- Flooring: Ceramic Tile,Hardwood,Carpet
- Number of fireplaces: 2
- Fireplace features: Gas,Lower Level: 1,Main Level: 1,Fireplace
- Fireplace: Yes
Heating
- Heating features: Fireplace,90%+ High Efficiency,Forced Air,Wall Furnace,Electric,Natural Gas
Interior Area
- Total structure area: 3,100
- Total interior livable area: 3,100 sqft
Kitchen With Eating Space
- Level: Main
Living Room
- Level: Main
Master Bedroom
- Level: Second
Other
- Level: Main
Utility Room
- Level: Main
Property
Details
- Parcel number: 5152980060
- Special condition: Standard
Features
- Levels: Multi/Split
- Entry location: Split
- Patio & porch: Bath Off Primary,Ceiling Fan(s),Dbl Pane/Storm Window,Dining Room,Fireplace,Jetted Tub,Skylight(s),Vaulted Ceiling(s),Walk-In Closet(s),Water Heater
- Spa features: Bath
- Has view: Yes
- View description: Sound,Territorial
- Has water view: Yes
- Water view: Sound
- Topography of land: Sloped,Terraces
- Residential vegetation: Fruit Trees,Garden Space
Lot
- Lot size: 0.30 Acres
- Features: Corner Lot,Curbs,Paved,Sidewalk,Cable TV,Deck,Fenced-Partially,Gas Available,High Speed Internet,Patio,Sprinkler System
Parking
- Total spaces: 2
- Parking features: Attached Garage
- Has garage: Yes
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in King County and Washington
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,573 | $78,876 |
| Home Insurance * | $275 | $3,300 |
| Property Taxes | $1,022 | $12,264 |
| Electricity | $212 | $2,544 |
| Total | $8,082 | $96,984 |
Income You'd Need if You Spent...
Washington FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-02 | Price change | $1,299,900 |
| 2026-03-05 | Listed for sale | $1,349,900 |
| 2021-10-26 | Sold | $1,236,000 |
| 2021-10-13 | Pending sale | $1,195,000 |
| 2021-10-07 | Listed for sale | $1,195,000 |
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