317 xx 51st Avenue SW, Federal Way, WA 98023
Listed by George Melvin Harris Sr., Coldwell Banker Bain
Originally $481,000
Reduced $196,000 · 41%$285,000
317 xx 51st Avenue SW, Federal Way, WA 98023
Federal Way, WA, 98023
Tour this home
Jeff Reynolds · Managing Broker, Compass
Start with a focused 15-minute call, then tour with a clear due-diligence plan.
- Land
- Type
- 91,859 sq ft
- Lot
- 803
- Days on market
About this property
This property has subdivision potential with water, sewer, and electricity in the street. This property is flat with no environmental issues. The sale includes parcels 102103-9001 and 102103-9040 for a total of 2.10 acres.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #1812201
- Listed
- July 23, 2021
- Days on market
- 803
- Original list price
- $481,000
Construction
- Style
- 41 - Res-Over 1 Acre
- Structure
- None
Lot
- Lot features
- Dead End Street
- Lot size
- 91,859 sq ft
Terms
- Terms offered
- Cash OutConventional
Utilities
- Utilities
- Natural Gas Available
- Water
- In Street
- Sewer
- Available
Schools
- District
- Federal Way
- Elementary
- Twin Lakes Elem
- Middle
- Lakota Mid Sch
- High
- Decatur High
Listing history
Listed
$481,000
July 23, 2021
Current price
$285,000
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$1,660
- Principal & interest
- $1,441
- Property tax (est.)
- $219
Assumes $57,000 down (20%), a $228,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
Similar nearby listings

$232,500
33020 10th Avenue SW #X104
Federal Way, WA

$349,950
32512 2nd Place S #184
Federal Way, WA

$250,000
2101 S 324th Street #138
Federal Way, WA

$350,000
2101 S 324th Street #11
Federal Way, WA
$300,000
2101 S 324th Street #10
Federal Way, WA
$249,000
149 S 329th Place #A5
Federal Way, WA
Based on information submitted to the MLS GRID as of August 11, 2026 at 7:45 AM PDT. 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.