$950,000
Est. $4,794/mo702 S 280th Street, Des Moines, WA 98198
• Listed 2026-06-05•3 days on market
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Based on information submitted to the MLS GRID as of June 5, 2026 at 12:54pm (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 to own pristine no-bank waterfront property on the breathtaking Puget Sound — where the water meets your land without a bluff, stairs, or barriers. This level, build-ready parcel offers effortless access to the shoreline, making it ideal for creating your custom dream home exactly the way you envision it. Perfectly positioned just a 20-minute drive from Downtown Seattle, this exceptional property delivers the best of both worlds: peaceful waterfront living with the convenience of city amenities, dining, and entertainment close at hand. Wake up to panoramic water views, soothing sounds of gentle waves, and an ever-changing canvas of natural beauty. Wildlife is abundant — from soaring eagles overhead to seals and passing boats gliding across the Sound — creating a serene and inspiring setting year-round. Level waterfront land (West-facing for amazing sunsets!) of this caliber is increasingly rare to find. With no bank separating you from the shoreline and utilities ready for development, this is a truly turnkey opportunity to build your legacy home in one of the Pacific Northwest’s most coveted settings. For the right buyer, this isn’t just land — it’s a dream realized. Was approved for building permit for a 4,000 sq ft, 2 story home in 2024.
Listed by Morgan Michelle Lacy • eXp Realty
Listing updated: June 5, 2026 at 12:54pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2535231
Open houses
No upcoming open houses scheduled for this property.
$1,093,000
+$143,000 over list price
Nearby comparable homes
RexMont uses 2 strongest recent nearby sales, priced between $585K and $1.6M.3 outlier sales were excluded from this snapshot.
Rental earnings
$3,275/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$1,600,000Last sold price
902 S 277th Street, Des Moines, WA 98198
$585,000Last sold price
28432 Soundview Drive S, Des Moines, WA 98198
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
702 S 280th Street, Des Moines, WA 98198
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
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
$5,745 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedEstimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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Des Moines 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: The average home sells very close to list price.
Time on market: The average home goes pending in around 12 days.
$520,000 Sold
5 weeks ago
3 bd•1.5 ba•~1,370 sq ft•Single Family
1361 S 279th Street, Des Moines, WA 98198
3%
Under list
—
Days on market
0.4 mi
Distance
$1,800,000 Sold
5 months ago
5 bd•1.5 ba•~5,286 sq ft•Single Family
1111 S 274th Place, Des Moines, WA 98198
4%
Under list
—
Days on market
0.3 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.
