$475,000
Est. $2,574/mo2647 S Star Lake Road, Federal Way, WA 98003
• Listed Jul 1, 2026•49 days active · 49 cumulative
Listing Broker: Skyline Properties, Inc.; Mitchell E. Greenblatt; 425-765-8460; mitch@nwvilla.com
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Listing Broker: Skyline Properties, Inc.; Mitchell E. Greenblatt; 425-765-8460; mitch@nwvilla.com
About this home
Prime development opportunity on 4+ acres in Federal Way just moments to the Star Lake light rail station and I5. An exceptional vacant parcel off S Star Lake Road offering prime residential development potential in a highly desirable South King County location. Zoned RS 9600, providing a strong foundation for single or middle-house residential development. A newer sewer main runs along the east property line and power and public water is already on property. Additional vacant lots adjoin for enhanced development potential. Motivated Seller with some 2024 studies available.
Listed by Mitchell E. Greenblatt • Skyline Properties, Inc.
Listing updated: November 2, 2026 at 02:05pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2548197
Around this home
How much should you offer?
2647 S Star Lake Road, Federal Way, WA 98003
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
- Res-Over 1 Acre
Schools
Ratings via SchoolDiggerFederal Way School District
- Buyer To VerifyPublic · Grades Elementary—
- Buyer To VerifyPublic · Grades Middle—
- Buyer To VerifyPublic · Grades High—
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.
Vacant land facts
As entered by the listing broker on Northwest MLS
Lot
- Acres
- 4.05 acres
- Lot square feet
- 176,418 sq ft
- Topography
- Level,See Remarks
- Vegetation
- See Remarks
- Lot details
- Dead End Street
Zoning & use
- Zoning code
- RS9600
- Zoning description
- Residential,See Remarks
- Zoning jurisdiction
- City
- Possible use
- Residential, See Remarks
- Restrictions
- See Remarks,Unknown
- Easements
- Yes, for shared road access
Utilities
- Utilities
- Electricity Connected, Natural Gas Available, Septic Design Installed
- Electricity
- On Property
- Gas
- In Street
- Water
- Available, In Street, On Property, See Remarks
- Sewer
- Available, In Street
- Septic installed
- Yes
Road & access
- Road surface
- Paved
- Road responsibility
- County
- Road information
- County Maintained,Paved,Trail Permit
- Road on which side
- NE
Surveys & reports
- Sketch submitted
- No
- Reports and documents completed
- See Remarks
Water & irrigation
- Waterfront
- Yes
- Irrigation water rights
- No
Taxes & assessment
- Senior exemption
- No
- Financing
- Cash, See Remarks
- 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.
Opens with the report above.
Sales & Tax Records for 2647 S Star Lake Road
NWMLS via MLS Grid · King County AssessorEvery 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.
- Nov 2, 2026Back on marketNWMLS via MLS Grid · #2548197$475,000
- Jul 1, 2026ListedNWMLS via MLS Grid · #2548197$475,000
- Apr 25, 2006Recorded saleKing County recorder · Statutory warranty deed$323,000
- Dec 12, 2000Recorded saleKing County recorder · Real estate contract$235,000
Down payment assistance
6 programs may be available to provide you with up to $23,750 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
$3,049 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: 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%.
Ask about this home
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Listing Broker: Skyline Properties, Inc.; Mitchell E. Greenblatt; 425-765-8460; mitch@nwvilla.com
Market pulse
Federal Way is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
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 80 days.
Recent sales nearby
Within 1 mile · last 6 months$495,000 Sold
1 week ago
3 bd•1.75 ba•~1,460 sq ft•Single Family
2002 S 280th Place, Federal Way, WA 98003
0%
Over list
64
Days on market
0.4 mi
Distance
$210,000 Sold
1 week ago
2 bd•1 ba•~962 sq ft•Single Family
2706 S 276th Place, Federal Way, WA 98003
16%
Under list
122
Days on market
0.2 mi
Distance
$525,000 Sold
2 weeks ago
3 bd•2.5 ba•~2,030 sq ft•Single Family
1304 S 286th Street, Federal Way, WA 98003
0%
Over list
48
Days on market
0.9 mi
Distance
$720,000 Sold
3 weeks 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
0.8 mi
Distance
$564,000 Sold
5 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
0.5 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 Nov 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 November 7, 2026 at 5:55 AM 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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