Courtesy: Madison Partners Real Estate
206-621-0300
Jafar Siddiqui
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.
Courtesy: City Closers Real Estate
206-915-6028
Kelsey Diller
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.
Courtesy: COMPASS
425-242-6440
Samuel Cunningham
Waterfront property! At home 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.
Courtesy: Better Properties UP/Fircrest
253-503-7557
Marina Nordberg
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.
Courtesy: Windermere Real Estate Co.
206-448-6000
Brooks Glenn
Opportunity is knocking with this expansive 0.69-acre (approx. 30,000 sq ft) parcel in the sought-after Steel Lake area. This is a true teardown, (720 square-foot single family home), making it the perfect blank canvas for your next project—whether you're a first-time investor looking to get into development or a seasoned builder ready to maximize potential. Zoned RS7.2, the property offers strong subdivision potential for multiple single-family homes/Townhomes, (buyer to verify), giving you flexibility to build and scale in an established neighborhood. Large, usable lots like this are becoming increasingly rare—especially in a location close to shopping, schools, and major commuter routes. An incredible opportunity to create value from the ground up. Bring your vision, your plans, and your ambition—this is where your next project begins.
Courtesy: Windermere Abode
253-302-4847
LaTosha Thomas
She's rare, she's ready, and she won't be available for long! 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!
Courtesy: RSVP Real Estate-ERA Powered
425-519-3619
Martha Zahuita
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.
Courtesy: Skyline Properties, Inc.
425-455-2065
Hiep Vinh
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.
Courtesy: eXp Realty
888-421-2531
Max Donaldson
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.
Courtesy: Real Broker LLC
855-450-0442
Alicia Brown
Exceptional opportunity to secure 1.38 acres of fully usable, level land in South Federal Way. This property offers strong development potential with the ability to create approximately 4–6 lots (buyer to verify). No wetlands present, allowing for a more efficient path to building. Zoned RS9.6, with water and electricity available in the street and sewer located nearby. A unique advantage includes an existing alley easement running through the property that may be vacated, opening up more optimal lot configurations. Additionally, boundary line adjustments may provide an alternative to a full subdivision or short plat process (buyer to verify). Ideal for builders, investors, or those looking to maximize land use in a rapidly growing area.
Courtesy: KW Mountains to Sound Realty
253-220-8371
David Knight
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.
Courtesy: eXp Realty
888-421-2531
Kenneth Crotts
Build Your Dream Home in the Sought-After Federal Way Community! Don’t just imagine it—bring it to life on this beautiful .23-acre parcel ideally located between Federal Way and Auburn. Set in a peaceful, private setting with territorial views, this homesite offers the perfect balance of tranquility and convenience, just minutes from freeways, shopping, and city amenities. This is more than vacant land—it’s a head start on your future build. The property has been thoughtfully maintained and partially cleared, making it ready for your vision. Key groundwork has already been completed, including a geotech study, water and sewer availability letters, and utilities available at the street. Surrounded by new construction homes that reflect the area’s growing value, this is an exceptional opportunity to create your custom home in an established and evolving neighborhood.
Courtesy: John L. Scott, Inc
253-852-9200
Richard Bezus
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. The City has committed to extending sewer access to the area by the end of 2026 — once completed, the lot allows for the construction of two duplexes, making it ideal for builders, investors, or those looking to create strong rental income 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!
Courtesy: John L. Scott, Inc
253-852-9200
Alex Tomev
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.
Courtesy: Keller Williams Tacoma
253-460-8640
Rochelle Chorak
An exceptional opportunity in the heart of Dash Point! This 1+ acre level parcel is full of potential for a private estate or possible development of up to four homes. Utilities are conveniently located in the street. Located within walking distance to Mirror Lake and just minutes from shopping, dining, entertainment and easy commuting access. A rare opportunity to own a lot of this size in the area. Buyer to verify all information.
Courtesy: Sound Point Real Estate LLC
206-397-3828
Keith Bruce
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.
Courtesy: Realtyall.com
206-436-4989
Tony Kang Kim
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.
Courtesy: Coldwell Banker Bain
425-602-4150
Loren Fanony
NEW PRICE on this Raw Vacant land available in Federal Way! Two (2) tax parcels (2188202255 & 2188202245) total 33,000 square feet of relatively level ground, brush and treed. Zoned RS15.0. Water and electrical service are available to the property. A fire hydrant is right in front! Don't miss your chance to own a prime piece of King County Real Estate. Located close to the Federal Way Costco, shopping, and easy freeway access. You can develop now or hold as an investment. Perk test passed but has expired. No wetland or flood plain. Buyer to verify all information to their approval.
Courtesy: TS Property Management
253-512-1000
Un-Hui Ko Mongue
Very private quarter acre building lot in desirable Dumas Bay neighborhood. Adjacent to Poverty Bay Park with a private community beach. All public services in street including water and sewer. Great opportunity to build your dream-home possibly with the Sound view. Buyer to verify all information.
Courtesy: KW Everett
425-212-2007
Aubie Pouncey
Prime BC-Zoned Commercial Parcel [Close proximity to Light Rail] Ideal for Office or Retail Development w/Serene Park-like Backdrop for Excellent Visual appeal. Strategically located on Pacific Highway South at the high-visibility corner of S 304th Street, this BC-zoned parcel offers a valuable opportunity for owner-users or developers. While part of the property includes a protected stream buffer, the front section offers excellent usability w/ direct frontage on Pacific Hwy—next to the existing comm. bldg. Street improvements incl. road widening & new sidewalks, boosting access & curb appeal. Rare opp. to build your own prof. office or boutique retail space in a high-growth corridor w/ strong traffic exposure & long-term upside.
Courtesy: Timber Real Estate
253-389-8961
Joshua Meeks
Build your dream home on this shy 3/4 acre lot in Brooklake Manor. Located at the end of a quiet culdesac with an expansive 3 lot parcel combined into one! Ideal location close to freeways and local amenities. Zoned residential, minimal clearing needed. Power and water are in established street. Geotech and topography completed reports. Septic design complete and ready to submit. See your vision come to life in this high demand area with much of the hard work completed!
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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.
