Waterfront

Federal Way, WA Waterfront Land for Sale

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Land/Lot
Updated: Jun 20
Land/Lot

29438 10th Ave SW, Federal Way, WA 98023

$425,000
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Vacant Land
Updated: Jul 28
Vacant Land

3911 SW Dash Point Rd, Federal Way, WA 98023

$405,000
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See what stands out in King County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Federal Way, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Waterfront Residential Land Parcel
Waterfront Residential Land Parcel

5445 Hyada Boulevard NE, Tacoma, WA 98422

$565,000
0.91 AC lot

Nearly one-acre residential parcel near Puget Sound with utilities available in the street.

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Waterfront Land with Harbor Views
Waterfront Land with Harbor Views

9438 Sw 266th Ln, Vashon, WA 98070

$465,000
1.09 AC lot

Nearly ready-to-build waterfront parcel with utility lines on site and permitted plans included.

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Waterfront Lot with Tideland Rights
Waterfront Lot with Tideland Rights

4906 Tok A Lou, Tacoma, WA 98422

$1,300,000
0.30 AC lot

Waterfront land with tideland rights and building permits in hand, with utilities either on-site or at the road.

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Waterfront Recreation Land with Cabin
Waterfront Recreation Land with Cabin

24310 47th Avenue SW, Vashon, WA 98070

$299,000

Three vacant parcels with a recreational cabin and water views offer direct beach access for island-style stays.

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Federal Way, WA Waterfront Land Market Trends and Statistics

Explore 2 waterfront land for sale in Federal Way, WA on our real estate platform.

Sale prices for water rights properties in Federal Way, WA start at $405,000, averaging $415,000, and reaching up to $425,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial land 12
Residential land & home lots 6
Waterfront Land 2
Industrial land 1

Demographics Overview

Population 138K
Population Growth (5Y) +4.6%
Median Household Income $91,533
College Educated 23.6%

High-Yield Neighborhoods for Investment

Identify Federal Way submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
98023 $437.5K

Taxes & Financing

Tax Rate (average for all types) 1.01%
Property Tax per SF $9.26 per SF
Tax Rate vs County Average 0.17 pp above county avg
Average Loan-to-Value 65.0%

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