About this home

Attention Builders/Developers/Investors: One (1) acre of residential zone 7200/lot (RS7.2). All utilities: SEWER, Electricity, Water and even GAS are already on the property. There is an existing small house on the lot that has been burned down. Excellent opportunity to build a new house from day 1 with all utilities on site. Build a new house now and subdivide at the same time to build more later. Federal Way is growing. With smaller density zoning, you maybe able to get more lots on this 1 acre piece of land than the current zoning of 7200 sf/lot. Just blocks to I-5 and the new transist station.

Exterior features

Wood Products

Schools

Elementary

Valhalla Elem

Middle

Kilo Jnr High

High

Thomas Jefferson Hig

Property details

Heating: Forced Air
Cooling: Forced Air
Parking: None
Lot: Open Space, Value In Land
Water source: Public
Sewer: Sewer Connected
Levels: One

Costs

Price / sq ft: $795
Annual taxes: $2,500 (2024)

Estimate your monthly payment

$2,458/mo

Principal & interest: $2,250
Property taxes: $208

Down payment (20%) $89,000 Interest rate (%) Loan term (years)

Loan amount $356,000

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 98003

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Best Choice Realty LLC— Tyler Thuan Hoang.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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