Residential

Federal Way, WA Residential Land & Home Lots for Sale

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Residential Land in Goldmaur Community
Updated: Jan 16
Residential Land in Goldmaur Community

32534 44th Ave S, Federal Way, WA 98001

$115,000
0.23 AC lot
Ready to build: Geotech study complete, water/sewer availability letters secured, and utilities at the street.
Partially cleared .23‑acre lot in the desirable Goldmaur Community.
Conveniently located between Federal Way and Auburn, with easy access to freeways and city amenities.
Tranquil setting with private territorial views.
Meticulously maintained grounds by the current owner.
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Zoned Residential Development Land
Updated: Jun 19
Zoned Residential Development Land

2647 Star Lake Road, Federal Way, WA 98003

$475,000
4.00 AC lot
Vacant development parcel on 4+ acres off S Star Lake Road in Federal Way
Zoned RS 9600 for single‑family or middle‑house residential development
Newer sewer main along the east property line
Power and public water already on the property
Adjoining vacant lots available to expand development potential
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Residential Development Land with Existing Home
Residential Development Land with Existing Home

37325 8th Ave S, Federal Way, WA 98003

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2,060 sqft 3.40 AC lot

3.4-acre site zoned SR35 with preliminary plat approval for a four-lot short plat and an existing brick home.

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Federal Way Development Opportunity
Federal Way Development Opportunity

34249 21st Avenue SW, Federal Way, WA 98023

$2,850,000
570 sqft 5.29 AC lot

5.29 acres in Federal Way, zoned RS 7.2.

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View Lot in High Demand Area
View Lot in High Demand Area

29500 2nd Ave Sw, Federal Way, WA 98023

$399,000
1.02 AC lot

Over one acre view lot to build your dream home.

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Redondo Highlands View Lot
Redondo Highlands View Lot

0 Sw 297th St, Federal Way, WA 98023

$345,000
0.35 AC lot

West-facing lot with panoramic Puget Sound views in Redondo Highlands.

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Federal Way Acreage Opportunity
Federal Way Acreage Opportunity

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

$75,000
2.17 AC lot

Two tax parcels totaling 2.17 acres in Federal Way.

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Two-Parcel Mixed-Use Development Site
Two-Parcel Mixed-Use Development Site

28826-28838 Pacific Hwy S, Federal Way, WA 98003

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0.46 AC lot

Two adjacent development lots on Pacific Hwy S allow for multi-family, retail, and office uses.

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Dash Point Acreage Opportunity
Dash Point Acreage Opportunity

1248 SW 312th Street, Federal Way, WA 98023

$250,000
1.12 AC lot

One-acre parcel near Mirror Lake with development potential.

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View Lot in Federal Way
View Lot in Federal Way

29500 2nd Avenue SW, Federal Way, WA 98023

$399,000
1.02 AC lot

Over 1 acre view lot to build your dream home.

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Land
Land

3911 Sw Dash Point Rd, Federal Way, WA 98023

$450,000

Waterfront Land

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Single-Family Cul-de-Sac Development Land
Single-Family Cul-de-Sac Development Land

246 357TH STREET, Federal Way, WA 98023

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0.72 AC lot

Three adjacent parcels offer single-family residential zoning, with utilities in the right-of-way at a cul-de-sac end.

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Federal Way Acreage Opportunity
Federal Way Acreage Opportunity

26xx SW 308th, Federal Way, WA 98023

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2.17 AC lot

2.17 acres in Federal Way, perfect for building.

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Residential Lot in Brooklake Manor
Residential Lot in Brooklake Manor

0 S 357th St, Federal Way, WA 98003

$90,000
0.72 AC lot

Shy 3/4 acre lot ready for your dream home.

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Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 14 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.

Residential Lot with Utilities Available
Residential Lot with Utilities Available

3807 S 272nd Street, Kent, WA 98032

$600,000
0.21 AC lot

Residential lot accessed via a private drive with utilities available in the street and R-6 zoning designation.

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Kent Development Opportunity Near Transit
Kent Development Opportunity Near Transit

25xxx S 260th St, Kent, WA 98032

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4.78 AC lot

4.78-acre development site near Kent Des Moines light rail.

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Residential Land in Auburn, WA
Residential Land in Auburn, WA

32400 Military Rd S, Auburn, WA

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15,478 sqft 0.36 AC lot

RM3600 zoned site suitable for up to 4 units.

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Build-Ready Residential Lot
Build-Ready Residential Lot

54-xx South 344th Street, Auburn, WA 98001

$169,950
0.39 AC lot

Build-ready lot with approved septic perk test and city water, power, and phone available in the road.

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Federal Way, WA Residential Land & Home Lots Market Trends and Statistics

Explore 14 residential land & home lots for sale in Federal Way, WA, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 987,052 square feet of properties for sale, with an estimated market value of $5,448,000.

Sale prices for home sites in Federal Way, WA start at $75,000, averaging $544,800, and reaching up to $2,850,000 — 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 16
Residential land & home lots 11
Industrial land 1
Waterfront 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 $450K

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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