Listed by Alicia Dawn Brown, Real Broker LLC
- Land
- Type
- 60,112 sq ft
- Lot
- 191
- Days on market
About this property
SELLER FINANCING AVAILABLE! Exceptional opportunity to secure 1.38 acres of fully usable, level land in South Federal Way. This property offers strong development potential with the ability to create approximately 4–6 lots (buyer to verify). No wetlands present, allowing for a more efficient path to building. Zoned RS9.6, with water and electricity available in the street and sewer located nearby. A unique advantage includes an existing alley easement running through the property that may be vacated, opening up more optimal lot configurations. Additionally, boundary line adjustments may provide an alternative to a full subdivision or short plat process (buyer to verify). Ideal for builders, investors, or those looking to maximize land use in a rapidly growing area.
Location & commute
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Jeff's Neighborhood Guide
Get to know the Dash Point/Federal Way area
Jeff's Seattle & Eastside Neighborhood Guide profiles 70 communities: the streets, shorelines, parks, markets, and local places that define each one. It is editorial, separate from the MLS listing data above.
Property details
Listing details
- Listing number
- #2494932
- Listed
- March 19, 2026
- Days on market
- 191
- Original list price
- $399,000
Unit & building
- Building
- East Side Add Tacoma
Views
- View
- Territorial
Construction
- Style
- 41 - Res-Over 1 Acre
- Structure
- None
Lot
- Lot size
- 60,112 sq ft
Terms
- Terms offered
- CashConventionalOwner Will Carry
Utilities
- Utilities
- Electricity AvailableNatural Gas Available
- Water
- In Street
- Sewer
- In Street
Schools
- District
- Federal Way
- Elementary
- Buyer To Verify
- Middle
- Buyer To Verify
- High
- Buyer To Verify
What stands out to you?
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- Territorial
- None
- Cash
- Conventional
- Owner Will Carry
- Electricity Available
- Natural Gas Available
- In Street
Listing history
Listed
$399,000
March 19, 2026
Current price
$400,000
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
$2,330
- Principal & interest
- $2,023
- Property tax (est.)
- $307
Assumes $80,000 down (20%), a $320,000 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 October 12, 2026 at 5:30 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.