Listed by Richard Bezus, John L. Scott, Inc
- Land
- Type
- 10,266 sq ft
- Lot
- 153
- Days on market
About this property
Prime opportunity in Federal Way! Conveniently located just minutes from I-5, Hwy 167, and all major shopping centers, this property offers both unbeatable accessibility and investment potential. The City has committed to extending sewer access to the area by the end of 2026 — once completed, the lot allows for the construction of two duplexes, making it ideal for builders, investors, or those looking to create strong rental income potential. A rare combination of location, convenience, and future development value. Don’t miss your chance to secure one of Federal Way’s most promising opportunities!
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2468639
- Listed
- January 15, 2026
- Days on market
- 153
- Original list price
- $249,995
Construction
- Style
- 40 - Res-Less thn 1 Ac
- Structure
- None
Lot
- Lot size
- 10,266 sq ft
Terms
- Terms offered
- CashConventional
Utilities
- Utilities
- Electricity ConnectedNatural Gas Available
- Water
- On Property
- Sewer
- Not Available
Schools
- District
- Federal Way
What stands out to you?
Mark features you love or could do without. Saved on this device to tune what you see.
- None
- Cash
- Conventional
- Electricity Connected
- Natural Gas Available
- On Property
- Not Available
Listing history
Listed
$249,995
January 15, 2026
Current price
$214,888
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
$1,252
- Principal & interest
- $1,087
- Property tax (est.)
- $165
Assumes $42,978 down (20%), a $171,910 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.