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!
Pending feasibility
Listed by:
David R Knight,
KW Mountains to Sound Realty
$2,850,000
34249 21st Avenue SW, Federal Way, WA 98023
--beds
--baths
5.29Acres
Est.:
Unimproved Land
Built in ----
5.29 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Community garden setup
- 119 days
- on Zillow |
- 173 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: July 31, 2025 at 04:35pm
Listed by:
David R Knight,
KW Mountains to Sound Realty
Source: NWMLS,MLS#: 2352205

Travel times
Facts & features
Interior
Property
Features
- Has view: Yes
- View description: Territorial
Lot
- Size: 5.29 Acres
- Features: Corner Lot, Curbs, Paved, Sidewalk, Brush, Evergreens, Lightly Treed, Partially Cleared
- Topography: Level,Rolling
Details
- Parcel number: 2421039005
- Zoning: RS 7.2
- Zoning description: Residential,See Remarks,Jurisdiction: City
- Special conditions: See Remarks
Utilities & green energy
- Electric: Available
- Gas: Available
- Sewer: Available, In Street
- Water: Available, In Street, Jurisdiction: Lakehaven
- Utilities for property: Electricity Available, Natural Gas Available
Community & HOA
Community
- Subdivision: Federal Way
Location
- Region: Federal Way
Financial & listing details
- Tax assessed value: $70,500
- Annual tax amount: $1,840
- Date on market: 5/11/2025
- Listing terms: Cash Out,Conventional
- Road surface type: Paved
- Cumulative days on market: 89 days
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