7005 Johnson Road NE, Federal Way, WA 98003
Listed by Jesse Paulson, RE/MAX Northwest
$895,000
7005 Johnson Road NE, Federal Way, WA 98003
Federal Way, WA, 98003
Tour this home
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.
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
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 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.