34249 21st Avenue Sw, Federal Way, WA 98023

Federal Way
Local realty services provided by:RSVP Brokers ERA
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:October 11, 2026 at 08:44 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)
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