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Federal Way Acreage Opportunity
For Sale
$75,000

26 XX SW 308th Street, Federal Way, WA 98023

Two tax parcels totaling 2.17 acres in Federal Way.

Property SizeContact for details
Lot Size2.17 Acres
Days on Market154

Property Features for 26 XX SW 308th Street

General Information

Standard status Active
Lot size 2.17 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $452

Amenities

Dead-end Street
Secluded
Listing Agency: KW MOUNTAINS TO SOUND REALTY
Listed By: DAVID R KNIGHT · License #12857
Source: Corcoran
Added: Mar 9 Changed: Aug 8 Last Checked: Jul 16 at 7:26AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW MOUNTAINS TO SOUND REALTY

Investment Insights

Based on property information with market context.

This property presents a unique opportunity in Federal Way, comprising 2.17 acres across two tax parcels, offered together. The secluded acreage provides flexibility for future development, with potential for constructing one private estate or exploring the possibility of two homes. The final determination of feasibility, including perk tests and driveway easement improvements, will determine whether one or two residences are possible. The buyer is responsible for verifying all details. Nestled in a peaceful, wooded setting, the property offers a combination of convenience and tranquility. Towering evergreens create a forest retreat, suitable for a custom home, a large garage or shop, garden space, or simply room to breathe. Zoned residential, the property has nearby access to utilities. A septic system will be needed, and the property is expected to perk. Public sewer is too far for practical connection. Water and other utilities will need to be brought in, allowing customization of the homesite. This acreage offers a chance to create something special in Federal Way.

Key Highlights

  • Large 2.17‑acre property comprised of two tax parcels, offering flexibility for development.
  • Secluded, wooded setting provides privacy and tranquility.
  • Potential to build one or two homes (buyer to verify feasibility).

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Electrical Service Computer & Electronic Repair Garden Center Grocery & Convenience Store HVAC Service Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

221
Businesses Nearby

Demographics for 98023, WA

51,713
Population
18,777
Households
2.8
Avg Household Size
38
Median Age
34%
College-Educated
93%
High-School Grad
10.3 sq mi
ZIP Area
5,021
Density / Sq Mi
$101,960
Median Household Income
$50,186
Median Earnings
$1,875
Median Rent
$545,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Two tax parcels totaling 2.17 acres in Federal Way.
Where is this residential land & home lot located?
The property is located at 26 XX SW 308th Street Federal Way, WA.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: Large 2.17‑acre property comprised of two tax parcels, offering flexibility for development.; Secluded, wooded setting provides privacy and tranquility.; Potential to build one or two homes (buyer to verify feasibility).
More about this property
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