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Listed by Marina Nordberg • Better Properties UP/Fircrest.
FOR SALE

$1,100,000

Est. $6,093/mo

29223 S Pacific Highway S, Federal Way, WA 98003

• Listed Apr 25, 2026•176 days active · 176 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: Better Properties UP/Fircrest; Marina Nordberg; 253-888-0001; mvolenko@gmail.com

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Listing Broker: Better Properties UP/Fircrest; Marina Nordberg; 253-888-0001; mvolenko@gmail.com

About this home

Great Retail Lot. Buyer to verify exactly what is needed for 3 staggered levels of parking below the street level, 65' of residential units some with a great Sound and Mountain view too! Sewer is at the lower edge of property line on 16th Ave S. Also accessible on 16th Ave S(30' gravel road). Electricity, water and gas are on the property. Seller will consider owner financing terms!!!

Property type
Single Family
Year built
Not listed
Interior
Not listed
Lot size
0.6022 acres
Parking
None
Price / sq ft
Not listed
School districtFederal Way

Listed by Marina Nordberg • Better Properties UP/Fircrest

Listing updated: September 25, 2026 at 11:33am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2512896

Around this home

RexMont OfferEdge™

How much should you offer?

29223 S Pacific Highway S, Federal Way, WA 98003

List price
$1,100,000
Down payment
$220,000

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Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.

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.

Property details

Layout

  • Multi-Family

Schools

Ratings via SchoolDigger

Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.

Vacant land facts

As entered by the listing broker on Northwest MLS

Lot

Acres
0.6 acres
Lot square feet
26,233 sq ft
Topography
Level,Rolling
Lot details
Paved, Sidewalk

Zoning & use

Zoning code
BC
Zoning description
Business,Commercial,Multi-Family,Office,Retail
Zoning jurisdiction
City
Possible use
Business, Commercial, Multi-Family, Office, Retail
Improvements
Fenced-Partially

Utilities

Utilities
Electricity Connected, Natural Gas Available
Electricity
On Property
Gas
On Property
Water
Available, On Property
Water jurisdiction
Lakehaven water and sewer district
Sewer
Available, On Property

Road & access

Road responsibility
County
Road information
Access Easement,County Maintained
Road on which side
East and West

Surveys & reports

Sketch submitted
Yes

Water & irrigation

Waterfront
No
Irrigation water rights
No

Taxes & assessment

Financing
Cash, Conventional, Owner Will Carry
Seller disclosure
Provided
Preliminary title ordered
Yes

Neighborhood mobility

Doorstep, Pedal & Station Scores

Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.

Ground Truth™

The ground, the slope, the flood zone and the noise at this address

Read from public hazard, flood, terrain and noise maps for this exact home.

Address Insider™

The members' report

Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.

Members

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Sales & Tax Records for 29223 S Pacific Highway S

NWMLS via MLS Grid

Every listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.

  1. Apr 25, 2026
    Listed
    NWMLS via MLS Grid · #2512896
    $1,100,000
  2. Oct 21, 2019
    Sold
    NWMLS via MLS Grid · #929939
    $850,000
  3. Jul 16, 2019
    Pending
    NWMLS via MLS Grid · #929939
    $1,050,000
  4. Jul 16, 2019
    Price reduced
    NWMLS via MLS Grid · #929939
    $1,050,000
  5. Apr 21, 2016
    Listed
    NWMLS via MLS Grid · #929939
    $1,100,000
  6. Jun 28, 2011
    Sold
    NWMLS via MLS Grid · #175657
    $681,000

Mortgage payment forecast

$7,193 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Source: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

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Listing Broker: Better Properties UP/Fircrest; Marina Nordberg; 253-888-0001; mvolenko@gmail.com

Market pulse

Federal Way is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market
  • Offer insight: Homes typically sell with one offer near asking price.

  • List to sale price: The average home sells very close to list price.

  • Time on market: The average home goes pending in around 69 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $750,000 Sold

    2 days ago

    4 bd•1.75 ba•~1,780 sq ft•Single Family

    28650 11th Avenue S, Federal Way, WA 98003

    4%

    Under list

    37

    Days on market

    0.5 mi

    Distance

  • $720,000 Sold

    3 days ago

    4 bd•3 ba•~3,350 sq ft•Single Family

    28611 16th Avenue S, Federal Way, WA 98003

    4%

    Under list

    77

    Days on market

    0.4 mi

    Distance

  • $950,000 Sold

    1 week ago

    4 bd•3.75 ba•~3,970 sq ft•Single Family

    29015 15th Place S, Federal Way, WA 98003

    5%

    Under list

    148

    Days on market

    0.2 mi

    Distance

  • $635,000 Sold

    1 week ago

    3 bd•2 ba•~1,840 sq ft•Single Family

    529 S 302nd Street, Federal Way, WA 98003

    1%

    Over list

    43

    Days on market

    0.9 mi

    Distance

  • $925,000 Sold

    2 weeks ago

    3 bd•2.25 ba•~2,740 sq ft•Single Family

    602 S 288th Lane, Federal Way, WA 98003

    3%

    Under list

    68

    Days on market

    0.8 mi

    Distance

Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.

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Market data from MLS GRID / NWMLS · Updated Oct 2026

Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of October 18, 2026 at 2:16 PM PT (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.

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© 2026 Northwest Multiple Listing Service. All rights reserved.

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