For Sale85d on market

29500 2nd Avenue SW

Federal Way, WA, 98023 • Buenna • King County

$399,000

1 acLot

Property DNA

4 highlights

Waterfront Property

Direct water access

Sound Views

Sound

Res-Over 1 Acre Style

Res-Over 1 Acre architecture

Buenna

Market activity

Demand and pricing signals for this listing

138 views

People checking out this listing

6 saves

Buyers have saved this home

85 days on market

Established listing

About this home

Lot

Build your dream home on this 1+ acre view lot. Beautiful views of the Puget Sound. Rare opportunity in this high demand area. Two tax parcels # 1196003590 and 1196003595. total 44,350 sq ft. Parcels being sold together. Zoning RS9.6 Access easement for parcel 1196003590. Water, Power, and Sewer are available. Buyer to verify all information to their own satisfaction.

Estimated monthly payment

Based on current rates

$2,484/month

Principal & Interest$1,952

Property Tax$399

Insurance$133

Down payment20% ($79,800)

3%50%

Est. 6.18% rate · 30yr fixed · $319,200 loan

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At a glance

Key facts and listing details

Property

Home typeLot

Sub-typeUnimproved Land

StyleRes-Over 1 Acre

Systems

Water / SewerAvailable, In Street, See Remarks, Jurisdiction: Lakehaven / Available

Parking & Outdoor

Lot1.02 Acres

Location & Tax

NeighborhoodBuenna

ZoningRS9.6

Parcel1196003595

Features & details

4 categories of property features

Exterior Features

Lot Features

Dead End Street

Views

Sound

Utilities

Electricity Available

Natural Gas Available

Gas

In Street

Listing insights

Market data and value estimates

StatusFor Sale

Days on market85

Tax rate0.82%

On marketMar 27, 2025

PostedJan 11, 2026

MLS statusActive

MLS updatedJan 13, 2026

Tour days6

Favorites6

How are the schools in Federal Way?

3 schools rated nearby

Adelaide Elementary School

Primary • Public • PK-5

1.1 mi

Lakota Middle School

Middle • Public • 6-8

1.5 mi

Federal Way Senior High School

High • Public • 9-12

1.2 mi

Location

Federal Way, WA, 98023

Expand map

Price history

1 event

DateEventPrice$/sqftSource

Jan 11, 2026Listed For Sale$399,000—NWMLS as distributed by MLS GRID

Listed For Sale$399,000

Jan 11, 2026•NWMLS as distributed by MLS GRID

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Neighborhood details

Local context around this listing

Federal Way, WA • King County

Nearby neighborhoods

AdelaideAlderbrookCampus HighlandsLaurelwoodMadronaMirror LakeRedondoSteel LakeTwin LakesWest Campus

Nearby cities

AuburnBellevueBothellFederal WayKentKirklandRedmondRenton

Nearby zip codes

98003980239806398093

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Value estimates

Live

30yr rate est.6.18%

Affordability$2,388/mo

Accepted financing

Conventional

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Based on information submitted to the MLS GRID as of 2026-04-06 23:59:24 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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