31 XXX 32nd Avenue S · Federal Way, WA 98003
Source: NWMLS · Redfin · Troy M. Lehman #NWM2555834
About this home
Discover an exceptional opportunity to bring your vision to life on approximately 4.68 acres in a highly convenient location that offers both accessibility and a peaceful natural setting. Zoned Community Business, this versatile property presents a wide range of potential development opportunities. Utilities are available in the street, adding to the property's appeal for future plans. According to King County, potential uses may include townhomes, apartments, community residential facilities, assisted housing, bed and breakfast accommodations, along with various residential accessory uses. Buyer to verify all permitted uses and development potential to their own satisfaction. The property is primarily lightly treed with a beautiful mix of mature evergreens and cedar trees, creating an inviting Northwest backdrop while preserving flexibility for future plans. A generous level area provides an excellent starting point for development, while the gently sloping rear portion adds character and dimension to the landscape. Conveniently located near shopping, dining, services, and major commuter routes, this rare offering combines outstanding potential with an exceptional location.
Location
Basics
- Property type
- Land
- Style
- Comm/Industrial
- Lot size
- 203,922 sq ft (4.68 acres)
- County
- King
- MLS #
- NWM2555834
Interior
- Heating
- None
- Cooling
- None
Exterior & lot
- Waterfront
- No
Utilities
- Water
- In Street
- Sewer
- In Street
- Utilities
- Electricity Available, Natural Gas Available
Community & fees
- Subdivision
- Federal Way
- Property tax
- $2,779 (2026)
Transaction
- Listed on
- Aug 4, 2026
- Days on market
- 47
- Listing terms
- Cash
- Possession
- Closing
More homes nearby
Sale history
Earlier listings of this home on the MLS.
- 2020-03-27
- Sold$160,000
Schools
School district: Federal Way
- Elementary
- Buyer To Verify
- Middle
- Buyer To Verify
- High
- Thomas Jefferson High SchoolSchoolDigger 1 star · Top 86% in WA

Listing provided courtesy of: Redfin
Listing agent: Troy M. Lehman.
Based on information submitted to the MLS GRID as of —. 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. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Data last updated 2026-08-04.