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Federal Way, WA, 98023 • Twin Lakes • King County
5.3 acLot
Territorial Views
Territorial
Res-Over 1 Acre Style
Res-Over 1 Acre architecture
Federal Way
Twin Lakes
Demand and pricing signals for this listing
15 views
People checking out this listing
362 days on market
Established listing
Lot
Seize the potential of 5.29 acres in Federal Way, zoned RS 7.2 for various permitted uses! From single-family homes (~28 lots est) to community/rec center/clubhouse, church/place of worship, school, daycare, special needs housing, public utilities/transit center, cemetery or cottage food operation. Existing features include a community garden setup, outbuildings, & a 570-sf small home structure. Sewer, city water, and all other utilities in street for development. Fully improved streets on E, S, & N sides. A driveway is already in place, ready to support your development vision. Park & ride adjacent, grocery shopping, business services close by. Easy access to I-5. Sold AS IS—don’t miss this opportunity to bring your dream project to life!
Based on current rates
Est. 6.19% rate · 30yr fixed · $2,280,000 loan
Full calculator →Key facts and listing details
4 categories of property features
Market data and value estimates
3 schools rated nearby
Federal Way, WA, 98023
4 events
5 years of records
Local context around this listing
Federal Way, WA • King County
Nearby neighborhoods
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Based on information submitted to the MLS GRID as of 2026-04-07 13:48:49 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)
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