Superb builder or investor propert! Zoned BC. Federal Way Building Dept tells us that it is ok to build upto 35' from base for Business/Commercial and 65' for Multi-family. Mixed use may be possible with permit. SOUND & MOUNTAIN VIEW from street level and gets better as you go up. Access from Pacific Highwat at East and off S. 279th St at North. On bus line. Good short connection to Light Rail's Star Lake Station. BUYER TO VERIFY all details to their own satisfaction prior to expiration of Form 17 review window.
Active
Listed by: Madison Partners Real Estate • Jafar H Siddiqui
$475,000
27905 pacific Highway S, Federal Way, WA 98003
--beds
--baths
0.57Acres
Unimproved Land
Built in ----
0.57 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 68 days |
- 50 |
- 3 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Jafar H Siddiqui,
Madison Partners Real Estate
Source: NWMLS as distributed by MLS GRID,MLS#: 2522722
Facts & features
Interior
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Features
- Has view: Yes
- View description: Mountain(s), Sound
- Has water view: Yes
- Water view: Sound
Lot
- Size: 0.57 Acres
- Features: Corner Lot
- Topography: Level,See Remarks
- Residential vegetation: See Remarks
Details
- Parcel number: 7205400125
- Zoning: BC
- Zoning description: Multi-Family,See Remarks,Jurisdiction: City
- Special conditions: Standard
Utilities & green energy
- Electric: Available
- Gas: Available
- Sewer: In Street
- Water: In Street, Jurisdiction: City
- Utilities for property: Electricity Available, Natural Gas Available
Community & HOA
Community
- Subdivision: Federal Way
Location
- Region: Federal Way
Financial & listing details
- Tax assessed value: $740,200
- Annual tax amount: $7,829
- Date on market: 5/13/2026
- Cumulative days on market: 68 days
- Listing terms: Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$2,820/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/13/2026 | Listed for sale | $475,000-34% |
Source:  NWMLS as distributed by MLS GRID #2522722 Report a problem | ||
| 9/13/2019 | Sold | $720,000+6.7% |
Source: NWMLS as distributed by MLS GRID #1422679 Report a problem | ||
| 4/18/2008 | Sold | $675,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,032 +2.6% | $740,200 |
| 2024 | $7,829 -21.4% | $740,200 -12.9% |
| 2023 | $9,966 +21.3% | $850,100 +10.4% |
| 2022 | $8,216 -9% | $770,200 +2.9% |
| 2021 | $9,032 -5.1% | $748,800 |
| 2020 | $9,521 +7.2% | $748,800 +4.9% |
| 2019 | $8,885 +12.1% | $713,500 +9% |
| 2018 | $7,927 -19.4% | $654,700 -1.8% |
| 2017 | $9,840 +20.4% | $666,800 |
| 2016 | $8,174 | $666,800 +24.1% |
| 2015 | $8,174 | $537,500 |
| 2014 | $8,174 | $537,500 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Redondo
Nearby schools
GreatSchools rating
- 5/10Woodmont Elementary SchoolGrades: K-8Distance: 0.8 mi
- 3/10Federal Way Senior High SchoolGrades: 9-12Distance: 1.7 mi
- 5/10Sacajawea Middle SchoolGrades: 6-8Distance: 1.2 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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