Active

Listed by:

Alicia Dawn Brown,

Engel & Voelkers Chambers Bay

Price cut: $1.2M (12/12)

$1,475,000

0 XXX 2nd Avenue SW, Federal Way, WA 98023

--beds

--baths

1.85Acres

Unimproved Land

Built in ----

1.85 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Potential mountain viewsUtilities in streetEnd of a cul-de-sac

Exceptional development opportunity in the Mountain View Heights neighborhood! Five adjacent buildable lots, parcel numbers 5707800090, 5707800100, 5707800110, 5707800120, 5707800130 with potential mountain views. The 5 lots together total 1.853 acres at the end of a cul-de-sac on 2nd Ave SW in Federal Way. Taxes are total per year for all 5 lots. Residential zoning RS15 with utilities in street and no wetlands or floodplain. Ideal for a builder looking to create a private community or custom homes. Prime King County location near Federal Way Costco, shopping, and I-5 for easy access throughout the region. Secure this rare chance to develop in a sought-after area!

32 days

156

7

Facts & features

Interior

Features

Has fireplace: No

Interior area

Total structure area: 0

Property

Features

Has view: Yes
View description: Mountain(s), See Remarks, Territorial

Lot

Size: 1.85 Acres
Features: Cul-De-Sac, Curbs, Paved, Sidewalk
Topography: See Remarks
Residential vegetation: See Remarks

Details

Parcel number: 5707800090
Zoning: RS15.0
Zoning description: Residential,Jurisdiction: City
Special conditions: Standard

Utilities & green energy

Electric: In Street
Gas: In Street
Sewer: Not Available
Water: In Street, Jurisdiction: Federal Way
Utilities for property: Electricity Available, Natural Gas Available

Community & HOA

Community

Subdivision: Federal Way

Location

Region: Federal Way

Financial & listing details

Annual tax amount: $9,963
Date on market: 11/9/2025
Cumulative days on market: 34 days
Listing terms: Cash Out,Conventional
Road surface type: Paved, See Remarks

Estimated market value

Not available

Estimated sales range

Not available

$2,364/mo

Price history

Date	Event	Price
12/12/2025	Price change	$295,000-80%
Source: NWMLS #2460714 Report a problem
12/12/2025	Price change	$1,475,000-15.7%
Source: NWMLS #2453748 Report a problem
11/10/2025	Listed for sale	$1,750,000+1128.1%
Source: NWMLS #2453748 Report a problem
2/26/2025	Sold	$142,500-5%
Source: NWMLS #2317951 Report a problem
1/13/2025	Pending sale	$149,950
Source: NWMLS #2317951 Report a problem

Public tax history

Tax history is unavailable.

BuyAbility℠ payment

Estimated monthly payment

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.

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