$184,950
Est. $956/mo32540 44th Avenue S, Federal Way, WA 98001
• Listed 2025-10-27•11 days on market
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Builder Opportunity – Nearly Shovel-Ready Premium Lot. Perfect location for your dream home or new construction project. Prime Federal Way location near I-5, future light rail, shopping & parks. Surrounding new homes often sell $800,000 plus range. Most major due diligence is complete: Arborist reports, wetlands delineation + buffer notes, steep slopes evaluated with setbacks reduced, buildable area designated, site plan available, Use Process 3 started, pre-app notes on file, stormwater mitigation approach ready. Flexible footprint—bring your plan or consider concepts like Adair’s “Everett” (40’x42’). Rendering of The Everett home fits the available footprint on the lot. Excellent territorial views.
Listed by Keith C. Bruce • Sound Point Real Estate LLC
Listing updated: August 27, 2026 at 11:15am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2448897
Open houses
No upcoming open houses scheduled for this property.
32540 44th Avenue S, Federal Way, WA 98001
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Neighborhood mobility
Federal Way School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
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Federal Way is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: Days-on-market data not available for this area.
$730,000 Sold
2 months ago
4 bd•2.5 ba•~2,796 sq ft•Single Family
32355 48th Avenue S, Auburn, WA 98001
4%
Under list
—
Days on market
0.3 mi
Distance
$515,000 Sold
4 months ago
3 bd•1.75 ba•~1,540 sq ft•Single Family
31621 46th Avenue S, Auburn, WA 98001
2%
Under list
—
Days on market
0.6 mi
Distance
$700,000 Sold
4 months ago
4 bd•2.5 ba•~2,230 sq ft•Single Family
33253 43rd Place S, Federal Way, WA 98001
0%
Over list
—
Days on market
0.5 mi
Distance
$875,000 Sold
4 months ago
4 bd•2.5 ba•~2,906 sq ft•Single Family
5860 S 326th Court, Auburn, WA 98001
3%
Under list
—
Days on market
0.8 mi
Distance
$799,000 Sold
4 months ago
4 bd•2.75 ba•~2,975 sq ft•Single Family
32209 50th Court S, Auburn, WA 98001
0%
Under list
—
Days on market
0.4 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Sep 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of August 27, 2026 at 11:15am (date and time MLS GRID Data was obtained). 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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