$399,000
Est. $2,011/mo29500 2nd Avenue Sw, Federal Way, WA 98023
• Listed 2026-01-11•7 days on market
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Based on information submitted to the MLS GRID as of June 16, 2026 at 10:33am (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.
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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.
Listed by Lance Smith • Mt. Rainier Realty
Listing updated: June 16, 2026 at 10:33am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2467258
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29500 2nd Avenue Sw, Federal Way, WA 98023
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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: The average home goes pending in around 7 days.
$535,000 Sold
2 months ago
2 bd•1 ba•~1,100 sq ft•Single Family
505 Sw 305th Place, Federal Way, WA 98023
2%
Over list
—
Days on market
0.7 mi
Distance
$550,000 Sold
2 months ago
3 bd•1.5 ba•~1,340 sq ft•Single Family
206 Sw 303rd Street, Federal Way, WA 98023
0%
Over list
—
Days on market
0.5 mi
Distance
$510,950 Sold
5 months ago
3 bd•1.5 ba•~1,350 sq ft•Single Family
803 Sw Dash Point Road, Federal Way, WA 98023
2%
Under list
—
Days on market
0.7 mi
Distance
$445,000 Sold
6 months ago
3 bd•1 ba•~840 sq ft•Single Family
627 Sw 305th Street, Federal Way, WA 98023
1%
Over list
—
Days on market
0.7 mi
Distance
$599,995 Sold
6 months ago
4 bd•1.5 ba•~2,000 sq ft•Single Family
29929 4th Avenue Sw, Federal Way, WA 98023
0%
Over 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 Jun 2026
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.
