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JRJeff ReynoldsCompass · Seattle
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Active

Listed by Tyler Thuan Hoang, Best Choice Realty LLC

2
Bedrooms
1
Bathrooms
560
Square feet
$795
Per sq ft
Single Family Residence
Type
1947
Year built
45,738 sq ft
Lot
0
Days on market

About this property

Attention Builders/Developers/Investors: One (1) acre of residential zone 7200/lot (RS7.2). All utilities: SEWER, Electricity, Water and even GAS are already on the property. There is an existing small house on the lot that has been burned down. Excellent opportunity to build a new house from day 1 with all utilities on site. Build a new house now and subdivide at the same time to build more later. Federal Way is growing. With smaller density zoning, you maybe able to get more lots on this 1 acre piece of land than the current zoning of 7200 sf/lot. Just blocks to I-5 and the new transist station.

Location & commute

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Directions

Property details

Listing details

Listing number
#2583972
Listed
September 17, 2026
Days on market
0
Price per sq ft
$795

Unit & building

Unit levels
One

Parking

Parking
None

Construction

Year built
1947
Style
10 - 1 Story
Structure
House
Roof
Composition

Heating & cooling

Heating
Forced Air
Cooling
Forced Air
Energy source
Natural Gas

Community & building features

Bus line nearby
Yes

Lot

Lot features
Open SpaceValue In Land
Lot size
45,738 sq ft

Terms

Terms offered
CashLease PurchaseOwner Will CarryRehab LoanSee Remarks

Utilities

Water
Lake Haven
Sewer
Lake Haven
Power
PSE

Schools

District
Federal Way
Elementary
Valhalla Elem
Middle
Kilo Jnr High
High
Thomas Jefferson Hig

What stands out to you?

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  • One
  • None
  • House
  • Composition
  • Forced Air
  • Natural Gas
  • Open Space
  • Value In Land
  • Cash
  • Lease Purchase
  • Owner Will Carry
  • Rehab Loan

Listing history

  1. Listed

    $445,000

    September 17, 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

$2,591

Principal & interest
$2,250
Property tax (est.)
$341

Assumes $89,000 down (20%), a $356,000 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 September 17, 2026 at 12:00 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.