$229,950
Est. $1,181/mo32842 22nd Avenue S, Federal Way, WA 98003
• Listed 2026-07-09•41 days on market
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Development-ready residential lot in Federal Way! Rare opportunity to build your dream home or investment property on this well-located lot at 32842 22nd Ave S. Significant preliminary due diligence has already been completed, offering a valuable head start for builders, investors, or future homeowners. Water and sewer Certificates of Availability have been obtained from Lakehaven Water & Sewer District, and public sewer service is available to the property. Preliminary sewer connection research and utility coordination have also been completed. A previous sewer site plan is available and may potentially be reused, helping save time during the development process. King County has confirmed public sewer service requirements for new construction. Located in an established residential neighborhood with convenient access to Kent, Federal Way amenities, shopping, schools, parks, and major commuter routes. Excellent opportunity for a custom home with potential future ADU possibilities. Buyer to verify all development potential, zoning, setbacks, utilities, permits, and permitted uses with the City of Federal Way and all appropriate agencies. Buyer to verify all information to their own satisfaction.
RexMont Value Snapshot
We found recent nearby sales, but not enough that are similar enough to publish an automated value signal for this home.
Ask RexMont to verify value32842 22nd Avenue S, Federal Way, WA 98003
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.
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of July 9, 2026 at 04:17pm (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.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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Listed by Alice Nguyen • John L. Scott, Inc
Listing updated: July 9, 2026 at 04:17pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2551098
Open Fri, Aug 21 +211:00 AM – 5:00 PM
$992K4 bd · 2.5 ba · 2,781 sqft
1749 Sw 341st (lot 38) Place Nw, Federal Way, WA 98023
$178,000
31003 14th Way S #h-13, Federal Way, WA 98003
Sun Park · Better Properties N. Proctor
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 14 days.
$290,000 Sold
6 days ago
2 bd•2.25 ba•~925 sq ft•Single Family
2100 S 336th Street #p3, Federal Way, WA 98003
0%
Over list
—
Days on market
0.3 mi
Distance
$125,000 Sold
1 week ago
•Single Family
33320 Pacific Highway S #102, Federal Way, WA 98003
17%
Under list
—
Days on market
0.4 mi
Distance
$939,285 Sold
4 weeks ago
4 bd•3 ba•~2,510 sq ft•Single Family
30308 11th Place S, Federal Way, WA 98003
0%
Over list
—
Days on market
0.4 mi
Distance
$1,750,000 Sold
4 weeks ago
•Single Family
33427 Pacific Hwy S, Federal Way, WA 98003
27%
Under list
—
Days on market
0.5 mi
Distance
$899,950 Sold
2 months ago
5 bd•3.25 ba•~2,810 sq ft•Single Family
30327 11th Place S, Federal Way, WA 98003
0%
Over list
—
Days on market
0.4 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 Aug 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.