Skip main navigation
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
    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.
    1 day
    |
    24
    |
    1
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Troy M. Lehman,

    Redfin,

    Yesay Semerjian,

    Redfin

    Source: NWMLS as distributed by MLS GRID,MLS#: 2555834MLS Logo

      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: 8/3/2026
      • Cumulative days on market: 3 days
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/4/2026Listed for sale$1,500,000
        Source: NWMLS as distributed by MLS GRID #2555834 Report a problem

        Public tax history

        Tax history is unavailable.

        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: Lakeland North

        Getting around

        7 / 100
        Car-Dependent
        56 / 100
        Good Transit
        29 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes