Listed by David R Knight, KW Mountains to Sound Realty
- Land
- Type
- 230,432 sq ft
- Lot
- 107
- Days on market
About this property
Seize the potential of 5.29 acres in Federal Way, zoned RS 7.2 for various permitted uses! From single-family homes (~28 lots est) to community/rec center/clubhouse, church/place of worship, school, daycare, special needs housing, public utilities/transit center, cemetery or cottage food operation. Existing features include a community garden setup, outbuildings, & a 570-sf small home structure. Sewer, city water, and all other utilities in street for development. Fully improved streets on E, S, & N sides. A driveway is already in place, ready to support your development vision. Park & ride adjacent, grocery shopping, business services close by. Easy access to I-5. Sold AS IS—don’t miss this opportunity to bring your dream project to life!
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2352205
- Listed
- April 10, 2025
- Days on market
- 107
Views
- View
- Territorial
Construction
- Style
- 41 - Res-Over 1 Acre
- Structure
- None
Lot
- Lot features
- Corner LotCurbsPavedSidewalk
- Lot size
- 230,432 sq ft
Terms
- Terms offered
- Cash OutConventional
Utilities
- Utilities
- Electricity AvailableNatural Gas Available
- Water
- AvailableIn Street
- Sewer
- AvailableIn Street
Schools
- District
- Federal Way
- Elementary
- Sherwood Forest Elem
- Middle
- Illahee Jnr High
- High
- Todd Beamer High
What stands out to you?
Mark features you love or could do without. Saved on this device to tune what you see.
- Territorial
- None
- Corner Lot
- Curbs
- Paved
- Sidewalk
- Cash Out
- Conventional
- Electricity Available
- Natural Gas Available
- Available
- In Street
Listing history
Listed
$2,850,000
April 10, 2025
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
$16,596
- Principal & interest
- $14,411
- Property tax (est.)
- $2,185
Assumes $570,000 down (20%), a $2,280,000 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.
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Based on information submitted to the MLS GRID as of July 13, 2026 at 11:15 PM 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.