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JRJeff ReynoldsCompass · Seattle

0 SW 296th Street, Federal Way, WA 98023

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Active

Listed by Sam Cunningham, COMPASS

Active88 days on market

$349,000

0 SW 296th Street, Federal Way, WA 98023

Federal Way, WA, 98023

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Jeff Reynolds · Managing Broker, Compass

Start with a focused 15-minute call, then tour with a clear due-diligence plan.

Land
Type
18,546 sq ft
Lot
88
Days on market

About this property

Waterfront property on the shores of Puget Sound- this exquisite waterfront property captures the essence of Pacific Northwest living. One of the last undeveloped waterfront parcels on the beach presents Seventy-eight waterfront feet of your own private resort where otters, whales and sailboats play in the salty breeze. Paddle into town or stay in and watch the ever-changing sunsets and sparkling lights across the water from the veranda of your own custom home. Watch the tides come and go as the sun sets over the Olympics. Views, and endless potential for redevelopment. Bring your dreams and your architect and build a waterfront home to suit your style, an easy commute to the abundant opportunities of greater Puget Sound.

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2561856
Listed
August 4, 2026
Days on market
88 (includes a prior listing period)

Views

View
BayMountainsOceanSoundStraitTerritorial

Construction

Style
40 - Res-Less thn 1 Ac
Structure
None

Lot

Lot features
Adjacent to Public LandDead End StreetOpen SpaceSecluded
Lot size
18,546 sq ft
Waterfront
Yes

Terms

Terms offered
CashConventional

Utilities

Utilities
Electricity AvailableNatural Gas Available
Water
AvailableIn Street
Sewer
Not Available

Schools

District
Federal Way
Elementary
Sunnycrest Elem
Middle
Lakota Mid Sch
High
Decatur High

Listing history

  1. Listed

    $349,000

    August 4, 2026

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

$2,033

Principal & interest
$1,765
Property tax (est.)
$268

Assumes $69,800 down (20%), a $279,200 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 August 5, 2026 at 2:31 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.