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JRJeff ReynoldsCompass · Seattle

7005 Johnson Road NE, Federal Way, WA 98003

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Active

Listed by Jesse Paulson, RE/MAX Northwest

Active1 days on market

$895,000

7005 Johnson Road NE, Federal Way, WA 98003

Federal Way, WA, 98003

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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
297,950 sq ft
Lot
1
Days on market

About this property

Development opportunity on 6.84 acres (297,950± sq. ft.) in a prime location with convenient access to I-5, SR-18, Federal Way, and Milton. Zoned RS35.0 with the possibility of a 5–6 lot short plat (buyer to verify all development potential with the appropriate agencies), this is a rare acreage offering for builders and investors. The site features gently sloping, buildable topography, a mix of open ground and perimeter trees, and public sewer available at the property corner—a strong foundation for future development. Existing improvements, including a 1920 home (approx. 1,050 sq. ft., currently on septic) and an 820 sq. ft. garage/shop/barn with office or potential living area above, may be retained on a lot or removed to maximize the plat. Beyond single-family residential, the zoning may accommodate a range of permitted or conditional uses, including daycare and senior care facilities (buyer to verify). Properties of this size, location, and potential are increasingly hard to find—an excellent opportunity for builders, developers, and long-term investors.

Location & commute

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

Directions

Property details

Listing details

Listing number
#2564939
Listed
August 4, 2026
Days on market
1

Construction

Style
41 - Res-Over 1 Acre
Structure
None

Lot

Lot features
Dead End StreetOpen Space
Lot size
297,950 sq ft

Terms

Terms offered
Cash

Utilities

Utilities
Electricity ConnectedSeptic Design Installed
Water
On Property
Sewer
In Street

Schools

District
Federal Way
Elementary
Buyer To Verify
Middle
Buyer To Verify
High
Buyer To Verify

Listing history

  1. 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.

Similar nearby listings

Based on information submitted to the MLS GRID as of August 5, 2026 at 3:30 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.