Discover an exceptional opportunity to bring your vision to life on approximately 4.68 acres in a highly convenient location that offers both accessibility and a peaceful natural setting. Zoned Community Business, this versatile property presents a wide range of potential development opportunities. Utilities are available in the street, adding to the property's appeal for future plans. According to King County, potential uses may include townhomes, apartments, community residential facilities, assisted housing, bed and breakfast accommodations, along with various residential accessory uses. Buyer to verify all permitted uses and development potential to their own satisfaction. The property is primarily lightly treed with a beautiful mix of mature evergreens and cedar trees, creating an inviting Northwest backdrop while preserving flexibility for future plans. A generous level area provides an excellent starting point for development, while the gently sloping rear portion adds character and dimension to the landscape. Conveniently located near shopping, dining, services, and major commuter routes, this rare offering combines outstanding potential with an exceptional location.
Active
Listed by: Redfin • Troy M. Lehman
$1,500,000
31 XXX 32nd Avenue S, Federal Way, WA 98003
--beds
--baths
4.68Acres
Unimproved Land
Built in ----
4.68 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Inviting northwest backdropGenerous level areaPeaceful natural setting
- --
- on Zillow
- 44
- views
- 0
- saves
Zillow last checked:
Listing updated:
Listed by:
Troy M. Lehman,
Redfin,
Yesay Semerjian,
Redfin
Source: NWMLS as distributed by MLS GRID,MLS#: 2555834
Facts & features
Interior
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Lot
- Size: 4.68 Acres
Details
- Parcel number: 0921049310
- Zoning: CB
- Zoning description: Business,Multi-Family,Residential,See Remarks,Jurisdiction: City
- Special conditions: Standard
Utilities & green energy
- Electric: In Street
- Gas: In Street
- Sewer: In Street
- Water: In Street
- Utilities for property: Electricity Available, Natural Gas Available
Community & HOA
Community
- Subdivision: Federal Way
Location
- Region: Federal Way
Financial & listing details
- Annual tax amount: $2,779
- Date on market: 8/4/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2026 | Listed for sale | $1,500,000 |
Source: | ||
Public tax history
Tax history is unavailable.







