7005 Johnson Road NE, Federal Way, WA 98003
Listed by Jesse Paulson, RE/MAX Northwest
$895,000
$877 per sq ft
7005 Johnson Road NE, Federal Way, WA 98003
Federal Way, WA, 98003
- Beds
- 1
- Baths
- 1
- Sq ft
- 1,020
- Built
- 1920
- Parking
- Driveway, Detached Garage, Off Street
Tour this home
Jeff Reynolds · Managing Broker, Compass
Start with a focused 15-minute call, then tour with a clear due-diligence plan.
- 1
- Bedrooms
- 1
- Bathrooms
- 1,020
- Square feet
- $877
- Per sq ft
- Single Family Residence
- Type
- 1920
- Year built
- 297,950 sq ft
- Lot
- 0
- Days on market
About this property
Rare opportunity to own 6.84 picturesque acres (297,950± sq. ft.) in one of the South Sound's most desirable and accessible locations, with easy access to I-5, SR-18, Federal Way, and Milton. This versatile property blends privacy, natural beauty, and future investment potential.The gently rolling landscape offers potential for expansive open pasture, with mature trees and many fruit trees along the perimeter—ideal for an equestrian estate, hobby farm, private retreat, or legacy family compound. There's ample room for horses, livestock, barns, riding arenas, gardens, vineyards, or additional outbuildings.Existing improvements include a charming 1920 farmhouse (approx. 1,050 sq. ft.) ready for restoration or replacement, plus an 820 sq. ft. garage/barn/shop with office space or potential living quarters above. The home is served by septic, with public sewer available at the property corner for added flexibility.Zoned RS35.0, the property may offer potential for a 5–6 lot short plat (buyer to verify with the appropriate jurisdiction)—a rare find for builders, developers, or investors. Zoning also allows single-family residences, daycare, senior care, and other compatible uses.Whether your vision is an elegant country estate, premier equestrian property, or a prime development opportunity, this one-of-a-kind offering delivers rural serenity with urban accessibility, just minutes from shopping, dining, and major commuter routes.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2564765
- Listed
- August 4, 2026
- Days on market
- 0
- Price per sq ft
- $877
Unit & building
- Unit levels
- One
Parking
- Parking
- DrivewayDetached GarageOff Street
- Covered spaces
- 2
- Total spaces
- 2
Construction
- Year built
- 1920
- Style
- 10 - 1 Story
- Structure
- House
- Roof
- Composition
Heating & cooling
- Heating
- Baseboard
- Cooling
- None
- Energy source
- Electric
Interior features
- Features
- Fireplace
- Fireplaces
- 1
- Fireplace type
- Wood Burning
Flooring
- Flooring
- VinylCarpet
Lot
- Lot features
- Dead End StreetDirt RoadOpen SpaceValue In Land
- Lot size
- 297,950 sq ft
Terms
- Terms offered
- Cash
Utilities
- Water
- Highline
- Sewer
- AvailableSeptic Tank
- Power
- PSE
Schools
- District
- Federal Way
- Elementary
- Buyer To Verify
- Middle
- Buyer To Verify
- High
- Buyer To Verify
Listing history
Listed
$895,000
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
$5,212
- Principal & interest
- $4,526
- Property tax (est.)
- $686
Assumes $179,000 down (20%), a $716,000 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 August 4, 2026 at 10:30 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.