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$349,999
2550918 MLS ACTIVE Status
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.

SW 296th St, Federal Way

Listing courtesy of Cedarland Group.

$229,950
2551098 MLS ACTIVE Status
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.

32842 22nd Avenue S, Federal Way

Listing courtesy of John L. Scott, Inc.

$895,000
2519567 MLS ACTIVE Status
The site is positioned on the western side of Auburn towards Federal Way making is easy to access Highway 167 and Interstate 5. This site consists of two contiguous parcels just north of S 321st Street on the Auburn side (Parcel #152104-9004 & 152104-9070) . The westerly parcel is 29,125 square feet and zoned R18. The easterly parcel is approximately 4 acres and zoned R4. The R18 zoned parcel can accommodate approximately 10 Townhouses and the R4 parcel could accommodate approximately 8-10 traditional single-family homes. Both the townhomes and traditional single-family homes would have territorial views and would likely feature some nice open space where one could add a small park. (Buyer to Verify to their own satisfaction).

32006 Peasley Canyon Road, Auburn

Listing courtesy of Westlake Associates, Inc..

$400,000
2512126 MLS ACTIVE Status
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.

31021 20th Avenue S, Federal Way

Listing courtesy of Windermere Real Estate Co..

$350,000
2494932 MLS ACTIVE Status
SELLER FINANCING AVAILABLE! 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.

0 XX 14th Avenue SW, Federal Way

Listing courtesy of Real Broker LLC.

$75,000
2484436 MLS ACTIVE Status
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.

26 XX SW 308th Street, Federal Way

Listing courtesy of KW Mountains to Sound Realty.

$725,000
2375998 MLS ACTIVE Status
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.

30300 Pacific Highway S, Federal Way

Listing courtesy of KW Everett.

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