Property Details
34249 21st Avenue SW
Federal Way, WA 98023
$2,850,000
Pending Feasibility
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About This Home
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!
Property Details
Property Information
Property Type
Land
Subtype
Land
Status
Pending Feasibility
County
King
Neighborhood
Federal Way
Listed
Apr 10, 2025
Parcel Number
2421039005
Tax & HOA
Annual Property Tax
$1,840 (2024)
Est. Monthly Tax
$153/mo
Interior Features
Bathrooms
0.0
Exterior & Lot
Lot Size
5.29 sqft
Sewer
Available, In Street
Water Source
Available, In Street
Utilities
Electricity Available, Natural Gas Available
Lot Features
Corner Lot, Curbs, Paved, Sidewalk
Community & Access
Directions
From I-5, go west on 320th, turn left on 21st Ave SE, go 1-3 miles, property is on right at the corner of 21st Ave SW and SW 344th St. Signs on two sides of the property.
Location
City
Federal Way
County
King
Coordinates
47.29397, -122.36273
Schools
School District
Federal Way
Elementary School
Sherwood Forest Elem
Middle School
Illahee Jnr High
High School
Todd Beamer High
Additional Information
Tax Year
2024
Annual Taxes
$1,840
Possession
Array
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Estimated Monthly Payment
$0
Down Payment
$0
Loan Amount
$0
Provided by Beyond Real Estate, LLC
Based on information submitted to the MLS GRID as of June 16, 2026 5:15 PM. 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, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
