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Listed by: David R Knight | KW Mountains to Sound Realty (253) 220-8371
$2,850,000
Monthly Est:$14,185
-- Bed
- -- Bath
5.29acres lot
34249 21st Avenue SW, Federal Way, WA 98023
$2,850,000
$14,185/moEst:
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Land
Built in -
$-- HOA
5.29 acres lot
$538,752/acre
Description
Seize the potential of 5.29 acres in Federal Way, zoned RS 7.2 for various permitted uses! From single-family homes (~28 lots est) to community/rec center/clubhouse, church/place of worship, school, daycare, special needs housing, public utilities/transit center, cemetery or cottage food operation. Existing features include a community garden setup, outbuildings, & a 570-sf small home structure. Sewer, city water, and all other utilities in street for development. Fully improved streets on E, S, & N sides. A driveway is already in place, ready to support your development vision. Park & ride adjacent, grocery shopping, business services close by. Easy access to I-5. Sold AS IS—don’t miss this opportunity to bring your dream project to life!
- Houzeo last checked: 12 hours ago
- Listing updated: June 16, 2026 at 5:02 pm
- Source: Northwest Multiple Listing Service | MLS#: NWM2352205

Property Details
Status
Pending
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
5.29 acres lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2352205
MLS Status
Pending Feasibility
Days on Market
539
Cumulative Days on Market
187

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
Available, In Street
Utilities & Energy
Water Source
Available, In Street
Utilities
Electricity Available, Natural Gas Available
Other Features
Lot Features
Corner Lot, Curbs, Paved, Sidewalk
Subdivision Name
Federal Way
Price History
| Date | Event | Price |
|---|---|---|
07/31/2025 Source: | Pending | $2,850,000 $0/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 01, 2026, 02:47PM. 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.
IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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