For Sale

$335,000

For sale

1920 S••••• 368th Pl Unit 205 (Sign up for 50 free credits to unlock)Federal Way, WA 98003

2Beds

2Baths

1,116Sq Ft Living

-Sq Ft Lot

1995Year Built

Property Description

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 Facts & Features

Property Type: Condos
Status: For Sale
Listed: Jul 13, 2026
Price per Sq Ft: $300/sqft
ZIP Code: 98003
Full Baths: 2
Stories: 1
Parking: Uncovered
Heating: Forced Air
Cooling: Central Air
Construction: Metal/Vinyl, Metal/Vinyl
HOA Fee: $387/mo
Property Tax (2026): $4,075/yr
Assessed Value: $351,000
Last Sold: $345,000 · Jun 5, 2024
County: King
School District: Federal Way School District

Estimated Value

$344,200Range $296,500 to $435,500

Automated estimate. Not an appraisal.

Features & Amenities

Bedrooms

Bedrooms: 2
Bedrooms On Main Level: 2
Bedroom 1 Level: Main
Bedroom 2 Level: Main

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2
Bathrooms On Main Level: 2
Full Bathrooms On Main Level: 2

Land Info

Lot Description: Curbs, Paved, Secluded, Sidewalk

Utilities

Power Production Type: Electric, Natural Gas

Appliances

Dishwasher
Disposal
Dryer
Microwave
Refrigerator
Stove(s)/Range(s)
Washer
Laundry Features: Dryer-Electric, Washer

Condo Info

Unit Floor In Building: 1

Other Rooms

Bathroom - Full Level: Main
Kitchen With Eating Space Level: Main
Utility Room Level: Main

Home Features

View: Territorial
Green Energy Efficient: Insulated Windows
Security Features: Security Gate

Multi-Unit Info

Number of Units In Community: 60
Number of Units: 9
Unit Features: Ground Floor,Insulated Windows,Primary Bath,Walk-in Closet

Interior Features

Cooking-Electric, Dryer-Electric, Fireplace, Ground Floor, Insulated Windows, Primary Bath, Walk-In Closet(s), Washer, Water Heater
Flooring: Laminate, Vinyl Plank
Window Features: Blinds

Garage and Parking

Covered Spaces: 0
Off Street Parking: 2
Open Parking Spaces: 2
Open Parking: Yes
Parking Features: Uncovered
Parking Total: 2

Kitchen and Dining

Dining Room Level: Main

School Information

Elementary School: Rainier View Elem
High School: Todd Beamer High
High School District: Federal Way
Middle School: Sequoyah Mid Sch
School District: Federal Way

Heating and Cooling

Cooling Features: Central Air
Fireplace Features: Gas
Heating Features: Forced Air
Heating Fuel: Electric,Natural Gas
Heating: Yes
Number of Fireplaces: 1
Water Heaters: Gas

Other Property Info

Annual Tax Amount: 3364
Source Listing Status: Active
County: King
Directions: From Enchanted Pkwy S, head south and turn right onto 19th Way S. Turn left into the gated community (gate code provided through ShowingTime or by appointment).
Tax Year: 2026
Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Area: 110 - Dash Point/Federal Way
List Development Name: Enchanted Village
Property Subtype: condo
Source Neighborhood: Enchanted Village
Parcel Number: 7212450170
Park Manager Name: Regency Ridge HOA, Marie
Subdivision: Enchanted Village

Homeowners Association

Association: Yes
Association Fee: 387
Association Fee Frequency: Monthly
Association Fee Includes: Common Area Maintenance, Earthquake Insurance, Lawn Service, Road Maintenance, Snow Removal
Calculated Total Monthly Association Fees: 387
Pets Allowed: Subject to Restrictions

Price & Event History

Date	Event	Price	$/Sq Ft
Oct 11, 2026	Price Changed	$335,000	$300
Sep 17, 2026	Price Changed	$355,000	$318
Aug 10, 2026	Price Changed	$370,000	$332
Jul 13, 2026	Listed	$380,000	$341
Jun 5, 2024	Sold	$345,000	$309
May 2, 2024	Listed	$349,950	$314
May 24, 2017	Sold	$231,500	$207
Apr 18, 2017	Relisted	$219,950	$197
Jan 6, 2017	Listing removed	$219,950	$197
Jan 5, 2017	Listed	$219,950	$197
Jun 28, 2016	Listed	$209,900	$188
Jun 9, 2016	Listed	$209,900	$188
Apr 28, 2013	Sold	$134,950	$121
Jun 23, 1998	Sold	$104,000	$93

Property Tax History

Year	Tax	Assessed	Land	Building	Market
2026	$4,075	$351,000	$33,300	$317,700	$351,000
2025	$3,838	$351,000	$33,300	$317,700	$351,000
2024	$3,968	$346,000	$31,300	$314,700	$346,000
2023	$3,275	$332,000	$20,100	$311,900	$332,000
2022	$3,069	$270,000	$20,100	$249,900	$270,000
2021	$3,047	$252,000	$20,100	$231,900	$252,000
2020	$2,894	$243,000	$16,100	$226,900	$243,000
2019	$2,580	$224,000	$16,100	$207,900	$224,000
2018	$2,817	$198,000	$16,100	$181,900	$198,000
2017	$2,687	$189,000	$16,100	$172,900	$189,000
2016	$2,427	$163,000	$16,100	$146,900	$163,000
2015	$2,354	$162,000	$16,100	$145,900	$162,000

Nearby Schools

3/10
Todd Beamer High School
Public · High · Grades 9-12
0.6 mi
4/10
Rainier View Elementary School
Public · Elementary · Grades K-5
0.6 mi
4/10
Sequoyah Middle School
Public · Middle · Grades 6-8
1.0 mi
NR
Montessori Academy at Spring Valley
Private · Elementary, Middle · Grades K-8
1.0 mi