This is an exceptional investment opportunity on over half an acre in the heart of Des Moines. This prime parcel offers tremendous potential for future development or long-term hold in an area experiencing continued growth and strong demand. Ideally located with excellent visibility, convenient access, and close proximity to major amenities, the property is well positioned for a variety of future uses. Whether you're exploring residential, commercial, or multi-family possibilities, this land presents a rare chance to secure a valuable piece of property in a thriving location. Water, sewer, and electricity are available nearby, adding to the property's convenience and development potential. Don’t miss this rare opportunity to invest in one of Des Moines’ most promising areas. Seller Financing available!
Active
Listed by: Inspire Realty • Jack Thai
Price cut: $15K (5/26)
$560,000
2805 S 216th Street, Des Moines, WA 98198
--beds
--baths
0.58Acres
Unimproved Land
Built in ----
0.58 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Over half an acreConvenient access
- 78 days |
- 55 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Jack Thai,
Inspire Realty
Source: NWMLS as distributed by MLS GRID,MLS#: 2512599
Facts & features
Interior
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Features
- Has view: Yes
- View description: Bay
- Has water view: Yes
- Water view: Bay
Lot
- Size: 0.58 Acres
- Features: Corner Lot
Details
- Parcel number: 2724201650
- Zoning: PRC
- Zoning description: Commercial,Multi-Family,Residential,Jurisdiction: City
- Special conditions: Standard
Utilities & green energy
- Electric: In Street
- Gas: In Street
- Sewer: On Property
- Water: On Property
- Utilities for property: Electricity Available, Natural Gas Available
Community & HOA
Community
- Subdivision: Des Moines
Location
- Region: Des Moines
Financial & listing details
- Tax assessed value: $345,000
- Annual tax amount: $2,455
- Date on market: 4/23/2026
- Cumulative days on market: 79 days
- Listing terms: Conventional
Estimated market value
Not available
Estimated sales range
Not available
$2,131/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/26/2026 | Price change | $560,000-2.6% |
Source:  NWMLS as distributed by MLS GRID #2512599 Report a problem | ||
| 4/23/2026 | Listed for sale | $575,000+74.2% |
Source: NWMLS as distributed by MLS GRID #2512599 Report a problem | ||
| 1/25/2006 | Sold | $330,000 |
Source: NWMLS as distributed by MLS GRID #25114398 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,913 +59.3% | $345,000 +51.3% |
| 2024 | $2,456 +1.7% | $228,000 +10.7% |
| 2023 | $2,415 +12.4% | $206,000 +4% |
| 2022 | $2,149 +7% | $198,000 +22.2% |
| 2021 | $2,008 +8.7% | $162,000 +14.9% |
| 2020 | $1,847 +5.4% | $141,000 +4.4% |
| 2019 | $1,753 +20.8% | $135,000 +12.5% |
| 2018 | $1,451 -11.3% | $120,000 +4.3% |
| 2017 | $1,636 +25% | $115,000 +9.5% |
| 2016 | $1,309 | $105,000 +7.1% |
| 2015 | $1,309 | $98,000 +5.4% |
| 2014 | $1,309 | $93,000 +20.8% |
| 2011 | -- | $77,000 -9.4% |
| 2010 | -- | $85,000 |
| 2009 | -- | $85,000 -33.6% |
| 2007 | -- | $128,000 |
| 2006 | -- | $128,000 -17.4% |
| 2005 | -- | $155,000 +19.2% |
| 2001 | $1,725 -5.5% | $130,000 |
| 2000 | $1,826 | $130,000 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Pacific Ridge
Nearby schools
GreatSchools rating
- 3/10Midway Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 5/10Pacific Middle SchoolGrades: 6-8Distance: 0.8 mi
- 5/10Mount Rainier High SchoolGrades: 9-12Distance: 0.8 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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- Washington
- King County
- Des Moines
- 98198
- Pacific Ridge
- 2805 S 216th Street
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