$475,000
Est. $2,422/mo2647 S Star Lake Road, Federal Way, WA 98003
• Listed 2026-07-01•26 days on market
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Based on information submitted to the MLS GRID as of July 2, 2026 at 08:23am (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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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: July 2, 2026 at 08:23am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2548197
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2647 S Star Lake Road, Federal Way, WA 98003
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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: The average home sells very close to list price.
Time on market: The average home goes pending in around 18 days.
$99,000 Sold
8 weeks ago
2 bd•1 ba•Single Family
2611 S 288th St #38, Federal Way, WA 98003
0%
Over list
—
Days on market
0.8 mi
Distance
$605,000 Sold
3 months ago
3 bd•2.5 ba•~1,610 sq ft•Single Family
28615 14th Avenue S, Federal Way, WA 98003
2%
Under list
—
Days on market
0.9 mi
Distance
$755,000 Sold
4 months ago
3 bd•2.5 ba•~2,000 sq ft•Single Family
2326 S 280th Place, Federal Way, WA 98003
1%
Under list
—
Days on market
0.2 mi
Distance
$680,000 Sold
6 months ago
4 bd•2 ba•~2,650 sq ft•Single Family
28124 23rd Avenue S, Federal Way, WA 98003
1%
Over 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 Jul 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.
