All homes

$599,000

31233 22nd Avenue

Federal Way, WA 98023

Active
Territorial view

Beds

4

Baths

4

Sq Ft

3,930

Lot

0.62 ac

Year built

1958

Type

Residential

Days listed

1

MLS #

2583492

About this home

Listing Description Attention Investors, Builders & Buyers Looking for Opportunity! Bring your vision to this Federal Way property situated on an expansive 27,000 sq. ft. (.62-acre) lot with exciting possibilities. The home offers 1,980 sq. ft. of above-ground living space with an additional approximately 1,950 sq. ft. daylight basement not included in the stated living square footage, creating substantial additional space and potential. The home features 4 bedrooms, multiple baths, two fireplaces, and an attached garage. The property is currently identified as RS15.0 zoning, and the generous parcel may offer potential for subdivision or additional development, subject to verification and approval by the appropriate governmental authorities. Buyer to independently verify zoning, subdivision potential, development feasibility, utilities, access, and all applicable requirements. Whether you're an investor looking for your next project, a builder exploring development possibilities, or a buyer wanting a home with nearly 4,000 sq. ft. of combined above-ground and basement space, this property offers an opportunity to bring your ideas to life. Bring your vision and explore the possibilities!

Interior features

Bath Off PrimaryDbl Pane/Storm WindowDining RoomFireplaceFrench DoorsSolarium/AtriumVaulted Ceiling(s)Water Heater

Exterior features

Wood Products

Appliances

DishwasherDryerMicrowaveRefrigeratorStove(s)/Range(s)Washer

Schools

Elementary

Buyer To Verify

Middle

Buyer To Verify

High

Buyer To Verify

Property details

Heating
Forced Air
Cooling
None
Flooring
Ceramic Tile, Vinyl, Carpet
Parking
Driveway, Attached Garage, Off Street, RV Parking
View
Territorial
Lot
Paved
Water source
Public
Sewer
Septic Tank
Style
Contemporary
Levels
One
Fireplaces
2

Costs

Price / sq ft
$152
Annual taxes
$6,515 (2026)

Estimate your monthly payment

$3,572/mo

Principal & interest
$3,029
Property taxes
$543
Loan amount $479,200

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Federal Way, WA 98023

Approximate location. Contact us to confirm the exact address.

Listing courtesy of BCR LLC— Christel EM Osterstrom.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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