Property Details
34249 21st Avenue SW, Federal Way, WA 98023
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
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
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
Provided by Beyond Real Estate, LLC
Down Payment Assistance Available
This property may qualify for homebuyer assistance programs
Find out if you’re eligible for down payment assistance programs that could help make this home more affordable. Programs can provide thousands of dollars toward your down payment and closing costs.
Check Your EligibilityBased on information submitted to the MLS GRID as of March 11, 2026 5:51 AM. 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.