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Listed by Jeff Siddiqui • Madison Partners Real Estate.
FOR SALE

$349,000

Est. $1,933/mo

Price reduced $126,000 from the original $475,000 asking price

27905 pacific Highway S, Federal Way, WA 98003

• Listed May 12, 2026•161 days active · 161 cumulative

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★★★★★5.0·1,244 Google reviews

Listing Broker: Madison Partners Real Estate; Jeff Siddiqui; 206-228-5732; jeffsiddiqui@msn.com

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Listing Broker: Madison Partners Real Estate; Jeff Siddiqui; 206-228-5732; jeffsiddiqui@msn.com

About this home

Superb builder or investor propert! Zoned BC. Federal Way Building Dept tells us that it is ok to build upto 35' from base for Business/Commercial and 65' for Multi-family. Mixed use may be possible with permit. SOUND & MOUNTAIN VIEW from street level and gets better as you go up. Access from Pacific Highwat at East and off S. 279th St at North. On bus line. Good short connection to Light Rail's Star Lake Station. BUYER TO VERIFY all details to their own satisfaction prior to expiration of Form 17 review window. Helpful seller invites offers.

Property type
Single Family
Year built
Not listed
Interior
Not listed
Lot size
0.5665 acres
Parking
None
Price / sq ft
Not listed
Property taxes$7,829/yr (est.)
School districtFederal Way

Listed by Jeff Siddiqui • Madison Partners Real Estate

Listing updated: October 17, 2026 at 10:17pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2522722

Around this home

RexMont OfferEdge™

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27905 pacific Highway S, Federal Way, WA 98003

List price
$349,000
Down payment
$69,800

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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

  • Comm/Industrial

Schools

Ratings via SchoolDigger

School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.

Vacant land facts

As entered by the listing broker on Northwest MLS

Lot

Acres
0.57 acres
Lot square feet
24,676 sq ft
Topography
Level,See Remarks
Vegetation
See Remarks
Lot details
Corner Lot

Zoning & use

Zoning code
BC
Zoning description
Multi-Family,See Remarks
Zoning jurisdiction
City
Possible use
Multi-Family, See Remarks
Restrictions
No Restrictions

Utilities

Utilities
Electricity Available, Natural Gas Available
Electricity
Available
Gas
Available
Water
In Street
Water jurisdiction
City
Sewer
In Street

Road & access

Road surface
Paved
Road information
Paved
Road on which side
East and North

Surveys & reports

Sketch submitted
Yes

Water & irrigation

Waterfront
No
Irrigation water rights
No

Taxes & assessment

Annual taxes
$7,829
Tax year
2025
Senior exemption
No
Financing
Cash, Conventional
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 27905 pacific Highway S

NWMLS via MLS Grid · King County Assessor

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. Oct 18, 2026
    Price reduced
    NWMLS via MLS Grid · #2522722
    $349,000
  2. May 12, 2026
    Listed
    NWMLS via MLS Grid · #2522722
    $475,000
  3. Sep 13, 2019
    Sold
    NWMLS via MLS Grid · #1422679
    $720,000
  4. Jul 18, 2019
    Pending
    NWMLS via MLS Grid · #1422679
    $799,000
  5. Mar 13, 2019
    Listed
    NWMLS via MLS Grid · #1422679
    $799,000
  6. Apr 21, 2008
    Sold
    NWMLS via MLS Grid · #27205086
    $675,000

Down payment assistance

6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.

Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.

Mortgage payment forecast

$2,672 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: Madison Partners Real Estate; Jeff Siddiqui; 206-228-5732; jeffsiddiqui@msn.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 74 days.

Recent sales nearby

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

    4 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

    0.6 mi

    Distance

  • $720,000 Sold

    5 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

    2 weeks 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

    0.7 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

    0.9 mi

    Distance

  • $564,000 Sold

    3 weeks ago

    3 bd•1.75 ba•~1,200 sq ft•Single Family

    28504 23rd Avenue S, Federal Way, WA 98003

    3%

    Under list

    104

    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.

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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 20, 2026 at 5:29 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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