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.
Incredible land in the center of Federal Way sold together with the land and property located at 37337 2nd Avenue SW, Federal Way, WA 98023.
Federal Way, 6225 sq ft Lot for Duplex or Triplex. Investors and small builders. City limits for permitting - New Middle Housing Zoning. Imagine having a great level property close to new light rail, maybe build condo, townhouses check with City for approved uses. Flat land with survey/short plat, water, sewer, gas, and power in street. Very little guesswork involved. Please investigate the possibility of building, flipping or holding this project. Close to schools, hospital. Bring your blueprints and ideas--change them into reality! Seller financing on approval of credit and application is available, please call for more details, private dead-end street, buffer, and development projects in immediate surrounding area make this shine. Seller may finance for a short time while permitting. NO SIGN YET.
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.
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.
Discover an exceptional opportunity to bring your vision to life on approximately 4.68 acres in a highly convenient location that offers both accessibility and a peaceful natural setting. Zoned Community Business, this versatile property presents a wide range of potential development opportunities. Utilities are available in the street, adding to the property's appeal for future plans. According to King County, potential uses may include townhomes, apartments, community residential facilities, assisted housing, bed and breakfast accommodations, along with various residential accessory uses. Buyer to verify all permitted uses and development potential to their own satisfaction. The property is primarily lightly treed with a beautiful mix of mature evergreens and cedar trees, creating an inviting Northwest backdrop while preserving flexibility for future plans. A generous level area provides an excellent starting point for development, while the gently sloping rear portion adds character and dimension to the landscape. Conveniently located near shopping, dining, services, and major commuter routes, this rare offering combines outstanding potential with an exceptional location.
Nestled near the coastline with lush greenery and easy road access, this plot offers a prime location for tranquil living or a scenic retreat—just steps from the beach and surrounded by nature.
Tucked into a quiet cul-de-sac near the entrance to Dumas Bay Sanctuary, Lot 3 in Dumas Heights is a prime location offering easy access to build your dream home. The rear property line of this spacious lot borders a lush natural buffer to Palisades Retreat Center offering an abundance of peace and privacy. Water and electricity available in street. Steps away from short trail to the beach / Puget Sound. Close to Twin Lakes Golf & Country Club, Dash Point State Park and more. Unbeatable Location!
Discover the perfect canvas for your dream home with this exceptional view lot in Federal Way. Enjoy beautiful Puget Sound views from a setting that offers the ideal blend of privacy, convenience, and Pacific Northwest beauty. With water, sewer, power available in the street, much of the groundwork is already in place to begin planning your custom home. Ideally located near beaches, parks, schools, dining, and major commuter routes, this property offers the rare opportunity to build a home tailored to your lifestyle while taking advantage of the area's natural beauty and stunning water views. Whether you envision a contemporary masterpiece or a timeless Northwest retreat, this is your chance to create something truly special in one of Federal Way's most desirable locations. Buyers & their representatives to verify all information to their own satisfaction.
Development-ready residential lot in Federal Way! Rare opportunity to build your dream home or investment property on this well-located lot at 32842 22nd Ave S. Significant preliminary due diligence has already been completed, offering a valuable head start for builders, investors, or future homeowners. Water and sewer Certificates of Availability have been obtained from Lakehaven Water & Sewer District, and public sewer service is available to the property. Preliminary sewer connection research and utility coordination have also been completed. A previous sewer site plan is available and may potentially be reused, helping save time during the development process. King County has confirmed public sewer service requirements for new construction. Located in an established residential neighborhood with convenient access to Kent, Federal Way amenities, shopping, schools, parks, and major commuter routes. Excellent opportunity for a custom home with potential future ADU possibilities. Buyer to verify all development potential, zoning, setbacks, utilities, permits, and permitted uses with the City of Federal Way and all appropriate agencies. Buyer to verify all information to their own satisfaction.
Unlock the potential of this rare Federal Way investment opportunity! Situated on a generous 10,275 sqft lot, this property includes a 1972 Portlander 36'x12' single-wide manufactured home (432 sqft) with 530 sqft basement in fixer or tear-down condition. Whether you're looking to renovate the existing home, replace it with a new manufactured home, or explore future new construction possibilities, this property offers exceptional potential. Existing water, septic, and power are already on site, providing a valuable starting point for your vision. Conveniently located near shopping, schools, parks, and major commuter routes. Buyer to verify all development potential, utilities, zoning, and intended uses to their own satisfaction. Property and manufactured home are being sold AS-IS. Don't miss this value-packed opportunity!
3 buildable lots in a beautiful forested area with stunning views of Dumas Bay in Puget Sound waters. Each lot priced at $150,000. All together 2.25 acres (98,307 SF) of rare land. All initial feasibility work done for you! Wetland report, geotech report, survey are ready for your dream home designs. Utilities all available on street, Sewer and Water Certificate of Availability received. Zoned RS15.0. Property is adjacent to Twin Lakes Golf and Country Club land. Enjoy the protected natural habitats directly across SW Dash Point Rd/HW-509 at Dumas Bay Sanctuary. Buyer to verify all information.
Superb builder or investor propert! Zoned BC. Federal Way Building Dept tells us that it is ok to build upto 35' from base for Business/Commercial and 65' for Multi-family. Mixed use may be possible with permit. SOUND & MOUNTAIN VIEW from street level and gets better as you go up. Access from Pacific Highwat at East and off S. 279th St at North. On bus line. Good short connection to Light Rail's Star Lake Station. BUYER TO VERIFY all details to their own satisfaction prior to expiration of Form 17 review window. Helpful seller invites offers.
Rare ±8-acre land opportunity on Pacific Hwy S in Federal Way. Investment Opportunity with a Single Tenant, 5-Year, Triple Net Lease in place, 6% Cap Rate. Strong visibility, regional access, and a sizable site footprint position this property for both current income and long-term value creation. Large sites in this corridor are increasingly difficult to find. Reach out for additional information and to discuss potential fit. Don't miss the OM here; https://vimeo.com/1187227711?fl=pl&fe=sh
Great Retail Lot. Buyer to verify exactly what is needed for 3 staggered levels of parking below the street level, 65' of residential units some with a great Sound and Mountain view too! Sewer is at the lower edge of property line on 16th Ave S. Also accessible on 16th Ave S(30' gravel road). Electricity, water and gas are on the property.
This beautifully situated, ready-to-develop lot sits in a well-loved, established well-maintained neighborhood with the infrastructure already in place. Dream it, design it, build it — this is your moment! DADU potential makes it an even smarter play for investors and custom home builders alike. Water and power in the street, septic-friendly, and just minutes from freeways, restaurants, and shopping. The only thing missing is you!
Prime Vacant Lot in Desirable Development – Ready to Build Your Dream Home! Perfect canvas for your custom home. This ready-to-build lot offers unparalleled convenience making construction seamless from day one. All utilities on-site: Power, sewer, and drainage are already connected and ready for hookup – no delays or extra costs! Brand-new paved street with curbs, sidewalks, and direct access to the property. Enjoy a fresh new playground and charming small park area just steps away, ideal for relaxing outdoors. Priced to sell. Don't miss this rare opportunity to build your dream home! 3 separate lots are still available.
Excellent opportunity for investors or builders to acquire vacant land in a growing Federal Way location. Potential for residential development—buyer to verify zoning, utilities, and feasibility with King County. Convenient access to major roads, services, and surrounding amenities. Bring your vision and explore the possibilities. No feasibility studies have been completed.
Very potential commercial lot in the heart of Federal Way, you can build a multiple unit rental apartment, or a mix-use business building or retirement facility. Please verify with City planning department.
Perfectly positioned flat corner lot with hundreds of feet of street frontage on north bound SR 161 Enchanted pkwy, right next to I-5. With around 33,000 sqft of usable land for both commercial and multi family use, Gas stations, retail, apartments, condos, hotels or a combination of the 2 are all a go for this lot. Approximately 41,000 cars traveling past this parcel daily, with new developed neighborhoods to the east, creating huge value for any type of commercial use. Land has been partially cleared with setbacks marked.
Discover a rare opportunity in Federal Way! 2.17 acres across two tax parcels sold together, offering flexibility and possibility for your future vision. Whether you're dreaming of building one private estate or exploring the potential for two homes, this secluded acreage provides the perfect canvas at an excellent price. Final feasibility, including perk tests and driveway easement improvements, will determine whether one or two residences are possible; buyer to verify all details. Tucked away in a peaceful, wooded setting, this property delivers the rare combination of convenience and tranquility. Towering evergreens create your very own forest retreat—an ideal backdrop for a custom home, a large garage or shop, garden space, or simply room to breathe. Walk the property and experience firsthand the quiet privacy and sense of escape from the everyday hustle and bustle. This is zoned residential, with nearby access to utilities. A septic system will be needed, and the property is expected to perk; public sewer is too far for practical connection. Water and other utilities will need to be brought in—another element allowing you to tailor the homesite to your needs. Follow the driving directions, park at the designated spot, and enjoy a beautiful walk through the land. Here is a unique chance to create something special—don’t miss this rare acreage offering in Federal Way.
Prime opportunity in Federal Way! Conveniently located just minutes from I-5, Hwy 167, and all major shopping centers, this property offers both unbeatable accessibility and investment potential. A rare combination of location, convenience, and future development value. Don’t miss your chance to secure one of Federal Way’s most promising opportunities!
Build your vision on this rare vacant lot nestled in a quiet residential neighborhood just minutes from I-5, shopping, schools, and parks. This parcel offers a great opportunity for builders, investors, or anyone looking to create their custom home. the lot is surrounded by established homes on a peaceful street. Whether you’re looking to build now or hold for future potential, this is a fantastic opportunity in a desirable Federal Way location. Buyer to verify all info.
Builder Opportunity – Nearly Shovel-Ready Premium Lot. Perfect location for your dream home or new construction project. Prime Federal Way location near I-5, future light rail, shopping & parks. Surrounding new homes often sell $800,000 plus range. Most major due diligence is complete: Arborist reports, wetlands delineation + buffer notes, steep slopes evaluated with setbacks reduced, buildable area designated, site plan available, Use Process 3 started, pre-app notes on file, stormwater mitigation approach ready. Flexible footprint—bring your plan or consider concepts like Adair’s “Everett” (40’x42’). Rendering of The Everett home fits the available footprint on the lot. Excellent territorial views.
Excellent location within walking distance to the Federal Way Transit Center and the upcoming Light Rail Station. Zoning: BC (Business commercial) Lot Size: Approx. 200’ x 200’ (square lot) Development Potential: Mixed-use building up to 65 ft in height Extended-stay type projects up to 45–46 ft in height -detail to be verified Multiple other options available under current zoning Some concept designs are available through the listing agent. The property offers great visibility from Pacific Hwy S and is situated near the heart of Federal Way, making it an attractive opportunity for investors and developers. Listing agent is part owner of the property.
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Federal Way is located in Washington. Federal Way, Washington has a population of 99,792. Federal Way is less family-centric than the surrounding county with 31.09% of the households containing married families with children. The county average for households married with children is 35.99%.
The median household income in Federal Way, Washington is $72,969. The median household income for the surrounding county is $106,326 compared to the national median of $69,021. The median age of people living in Federal Way is 37 years.
The average high temperature in July is 75.7 degrees, with an average low temperature in January of 36.6 degrees. The average rainfall is approximately 40.6 inches per year, with 5 inches of snow per year.