34249 21st Avenue SW, Federal Way, WA 98023 | MLS #NWM2352205 | Berkshire Hathaway HomeServices Northwest Real Estate  
 
Listing provided courtesy of KW Mountains to Sound RealtyNWMLSas Distributed by MLSGrid- MLS# NWM2352205MLS Provider

34249 21st Avenue SWFederal Way, WA 98023

Vacant Land · 5.29 Acres
$2,850,000 Pending Feasibility

34249 21st Avenue SW Overview

Visits:
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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!

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34249 21st Avenue SW Facts & Features

  • Type Vacant Land
  • Lot 5.29 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Federal Way
  • Elementary School: Sherwood Forest Elem
  • Middle Or Junior School: Illahee Jnr High
  • High School: Todd Beamer High

Location/Region

  • Country: US
  • County Or Parish: King
  • MLS Area Major: 110 - Dash Point/Federal Way
  • Subdivision Name: Federal Way

Tax Information

  • Tax Annual Amount: $1,840.00
  • Tax Year: 2024

General Information

  • Listing Terms: Cash Out, Conventional
  • Parcel Number: 2421039005
  • Possible Use: Residential,See Remarks
  • Property Sub Type: Land
  • Property Type: Land
  • Senior Community: No
  • Special Listing Conditions: See Remarks

Interior

Beds/Baths

  • Bedrooms Possible: 0
  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 0
  • Building Area Units: Square Feet
  • Calculated Square Footage: 0
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Heating: No
  • Living Area: 0
  • Living Area Units: Square Feet
  • Main Level Bathrooms: 0

Exterior

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • Lot Size Acres: 5.29
  • Lot Size Square Feet: 230432
  • Lot Size Units: Square Feet
  • Property Features: Brush,Evergreens,Lightly Treed,Partially Cleared
  • Road Responsibility: County
  • Road Surface Type: Paved
  • Topography: Level, Rolling
  • Elevation Units: Feet
  • Water Source: Available, In Street

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Structure Type: None

General Information

  • Carport: No
  • Electric On Property: No
  • Sewer: Available, In Street
  • Utilities: Electricity Available, Natural Gas Available

34249 21st Avenue SW Neighborhood

Community

98023 (Federal Way) Demographics

37
Median Age
4,278
Population Density (per sq. mile)
42%
College Educated
$82,566
Estimated Median Income
10,989
Estimated Total Home Owners
6,477
Estimated Total Renters
63% / 37%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

34249 21st Avenue SW Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

34249 21st Avenue SW Market Data

Based on the last 30 days in this zip code

$732,198
Average List Price
$332
Average Price per Square Foot
38
Properties Sold
62
Average Days on Market
184
Properties for Sale
Calculations provided by Reliance Network

34249 21st Avenue SW History

Date Event Value Agent
7/31/2025Source: NWMLS Status Change
Pending Feasibility
7/15/2025Source: NWMLS Status Change
Active
6/13/2025Source: NWMLS Status Change
Pending Feasibility
4/10/2025Source: NWMLS Added to Database
April 10, 2025