Build your dream home on this shy 3/4 acre lot in Brooklake Manor. Located at the end of a quiet culdesac with an expansive 3 lot parcel combined into one! Ideal location close to freeways and local amenities. Zoned residential, minimal clearing needed. Power and water are in established street. Geotech and topography completed reports. Septic design complete and ready to submit. See your vision come to life in this high demand area with much of the hard work completed!
Vacant, cleared level lot in coveted neighborhood near Steel LK & Fed Way Transit Ctr on S 304th just ½ mi away + Future Light Rail Station south of lake, near Poverty Bay & the East Passage. New fence added around most of perimeter. City utility connections (water/sewer/elec) avail at street. Site prep work completed to include fence, clearing, leveling, soil test & structural plans. Structural plans uploaded to MLS Supplmnts. Lot subdividable. RS7.2 Zoning w/ total of 19,600 SF. Plans ready to be submitted to city, just need to pick option. Able to build 2 lrg homes/duplexes on each lot or one large home w/DADU. Seller avail to assist w/processing & attaining city permits. Plenty of prkng & access to property for ease of develop process.
Attention Builders/Developers/Investors: 1 acre of residential zone 7200/lot (RS7.2). All utilities: Sewer, Electricity, Water and even GAS are on the property. There is an existing small house on the lot that has been burned down. The house has all utilities connected though. Excellent opportunity to subdivide with all utilities already on the lot. Federal Way is growing. With smaller density zoning, you maybe able to get more lots on this 1 acre piece of land than the current zoning of 7200 sf/lot. Just blocks to I-5 and the new transist station.
The parcel covers more than half an acre and offers generous frontage along the Pacific Highway, boasting two exits for convenient access. It represents a promising prospect for potential purchasers to leverage the pre-existing infrastructure, including the option to utilize the already excavated footprint of the original property. This presents an opportunity for the development of a spacious office complex spanning over 6000 square feet, with a wide array of permissible uses.
Large vacant parcel located in the heart of Federal Way. Land is currently zoned for CE. Close proximity to retail and just minutes from I-5!
Builders, take note! This expansive, square, and level property measures 331 x 284 square feet and has the potential to accommodate the construction of up to 9 homes. The preliminary steps for a short plat were initiated in 2018. This is a unique opportunity to acquire a piece of land in a well-established and sought-after neighborhood. The property is equipped with essential infrastructure, including a sewer main with a manhole and stubs on-site, water plumbed up to the property, and power and gas lines in the street. Furthermore, it offers quick access to I-5 and is just a 15-minute drive from Seatac. Comprehensive reports, including topographical, geological, and tree assessments, are readily available. You must see this property!
The median home value in Federal Way, WA is $542,500. This is lower than the county median home value of $793,300. The national median home value is $338,100. The average price of homes sold in Federal Way, WA is $542,500. Approximately 52.11% of Federal Way homes are owned, compared to 43.06% rented, while 4.83% are vacant. Federal Way real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Federal Way real estate agent to arrange a tour today!
Federal Way, Washington 98003 has a population of 99,792. Federal Way 98003 is less family-centric than the surrounding county with 31.06% of the households containing married families with children. The county average for households married with children is 35.99%.
The median household income in Federal Way, Washington 98003 is $72,969. The median household income for the surrounding county is $106,326 compared to the national median of $69,021. The median age of people living in Federal Way 98003 is 37 years.
The average high temperature in July is 75.7 degrees, with an average low temperature in January of 36.6 degrees. The average rainfall is approximately 40.6 inches per year, with 5 inches of snow per year.