$445,000
Est. $2,357/mo2 bd•1 ba•560 sq ft
2843 Military Road S, Federal Way, WA 98003
• Listed 2026-09-17•New today
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Attention Builders/Developers/Investors: One (1) acre of residential zone 7200/lot (RS7.2). All utilities: SEWER, Electricity, Water and even GAS are already on the property. There is an existing small house on the lot that has been burned down. Excellent opportunity to build a new house from day 1 with all utilities on site. Build a new house now and subdivide at the same time to build more later. Federal Way is growing. With smaller density zoning, you maybe able to get more lots on this 1 acre piece of land than the current zoning of 7200 sf/lot. Just blocks to I-5 and the new transist station.
Listed by Tyler Thuan Hoang • Best Choice Realty LLC
Listing updated: September 18, 2026 at 05:02am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2583972
2843 Military Road 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.
Neighborhood mobility
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.
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
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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: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 8 days.
$99,000 Sold
4 months ago
2 bd•1.75 ba•Single Family
2611 S 288th St #38, Federal Way, WA 98003
0%
Over list
—
Days on market
0.3 mi
Distance
$46,500 Sold
4 months ago
3 bd•2 ba•Single Family
3001 S 288th Street #343, Federal Way, WA 98003
7%
Under list
—
Days on market
0.6 mi
Distance
$149,000 Sold
5 months ago
3 bd•1.75 ba•Single Family
3001 288th Street #362, Federal Way, WA 98003
0%
Over list
—
Days on market
0.6 mi
Distance
$605,000 Sold
5 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
0.7 mi
Distance
$755,000 Sold
6 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
0.3 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 Sep 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of September 18, 2026 at 05:02am (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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