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34249 21st Avenue Sw, Federal Way, WA 98023

Federal Way
Local realty services provided by:CENTURY 21 Lund, Realtors
Listed by: david r knight
Office: kw mountains to sound realty
MLS#:2352205
Source:NWMLS
34249 21st Avenue Sw,Federal Way, WA 98023
$2,850,000
Virtual Tour
  • 5.29 Acres
  • Lots / Land
  • Pending Feasibility

Price summary

  • Price:$2,850,000

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!

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Home facts

  • Subdivision & Development:Federal Way
  • Listing ID #:2352205
  • Updated:September 13, 2026 at 10:43 AM

Structure and exterior

  • Lot area:5.29 Acres
  • Lot Features:Corner, Curbed Lot, Paved, Sidewalk

Schools

  • High school:Todd Beamer High
  • Middle school:Illahee Jnr High
  • Elementary school:Sherwood Forest Elem

Utilities

  • Water:Available, In Street
  • Sewer:Available, In Street

Finances and disclosures

  • Price:$2,850,000
  • Tax amount:$1,840 (2024)
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of September 13, 2026. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved. NWMLS Member Broker: Greg Lund

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