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JRJeff ReynoldsCompass · Seattle

Listed by Cheri Westphal, CW Realty Group

Land
Type
149,410 sq ft
Lot
51
Days on market

About this property

Attention Builders & Investors! Exceptional opportunity to acquire 3.43 acres of dry, useable land in prime Federal Way location. Ideal for small subdivision / multi-home development/ dream estate/ compound - private & treed yet close to parks, schools, and shopping. Enjoy easy access to I-5, Hwy 167, & Hwy 18 for quick commutes in all directions. This accessible parcel offers strong potential for future growth in highly desirable area. Don't miss this investment - ready site! King County Council approval of the sale will be required. Buyer should consider ~6+ month time period from accepted offer/feasibility completion to close. The county is exempt from property taxes -- new owner will be taxed upon assessed value. CASH ONLY. Sold AS-IS.

Location & commute

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Directions

Property details

Listing details

Listing number
#2451427
Listed
October 31, 2025
Days on market
51

Views

View
Territorial

Construction

Style
41 - Res-Over 1 Acre
Structure
None

Lot

Lot features
Paved
Lot size
149,410 sq ft

Terms

Terms offered
Cash Out

Utilities

Utilities
Electricity Available
Water
In Street
Sewer
Not Available

Schools

District
Federal Way
Elementary
Lake Dolloff Elem
Middle
Sequoyah Mid Sch
High
Todd Beamer High

What stands out to you?

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  • Territorial
  • None
  • Paved
  • Cash Out
  • Electricity Available
  • In Street
  • Not Available

Listing history

  1. Listed

    $600,000

    October 31, 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

$3,494

Principal & interest
$3,034
Property tax (est.)
$460

Assumes $120,000 down (20%), a $480,000 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

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.