$129,000
Est. $650/mo26 Xx Sw 308th Street, Federal Way, WA 98023
• Listed 2026-03-09•2 days on market
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Based on information submitted to the MLS GRID as of June 16, 2026 at 01:05pm (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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Discover a rare opportunity in Federal Way! 2.17 acres across two tax parcels sold together, offering flexibility and possibility for your future vision. Whether you're dreaming of building one private estate or exploring the potential for two homes, this secluded acreage provides the perfect canvas at an excellent price. Final feasibility, including perk tests and driveway easement improvements, will determine whether one or two residences are possible; buyer to verify all details. Tucked away in a peaceful, wooded setting, this property delivers the rare combination of convenience and tranquility. Towering evergreens create your very own forest retreat—an ideal backdrop for a custom home, a large garage or shop, garden space, or simply room to breathe. Walk the property and experience firsthand the quiet privacy and sense of escape from the everyday hustle and bustle. This is zoned residential, with nearby access to utilities. A septic system will be needed, and the property is expected to perk; public sewer is too far for practical connection. Water and other utilities will need to be brought in—another element allowing you to tailor the homesite to your needs. Follow the driving directions, park at the designated spot, and enjoy a beautiful walk through the land. Here is a unique chance to create something special—don’t miss this rare acreage offering in Federal Way.
Listed by David R Knight • KW Mountains to Sound Realty
Listing updated: June 16, 2026 at 01:05pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2484436
Open houses
No upcoming open houses scheduled for this property.
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26 Xx Sw 308th Street, 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: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: Sale-vs-list ratio data not available for this area.
Time on market: The average home goes pending in around 7 days.
$1,200,000 Sold
3 weeks ago
5 bd•1 ba•~3,580 sq ft•Single Family
3005 Sw 300th Place, Federal Way, WA 98023
8%
Under list
—
Days on market
0.6 mi
Distance
$660,000 Sold
8 weeks ago
4 bd•1.5 ba•~1,824 sq ft•Single Family
31421 41st Avenue Sw, Federal Way, WA 98023
2%
Over list
—
Days on market
0.9 mi
Distance
$850,000 Sold
3 months ago
5 bd•3 ba•~3,545 sq ft•Single Family
32130 27th Avenue Sw, Federal Way, WA 98023
0%
Over list
—
Days on market
0.8 mi
Distance
$750,000 Sold
4 months ago
4 bd•2 ba•~2,872 sq ft•Single Family
31611 37th Avenue Sw, Federal Way, WA 98023
0%
Over list
—
Days on market
0.7 mi
Distance
$580,000 Sold
5 months ago
3 bd•1.5 ba•~2,100 sq ft•Single Family
31532 36th Avenue Sw, Federal Way, WA 98023
3%
Under list
—
Days on market
0.6 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
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.
