#2273986, Val Frink, Listing office: Keller Williams Realty PS
#2352205·
Listing office: KW Mountains to Sound Realty·
Listing agent: David R Knight·
Listing office phone: 253-220-8371
$2,850,000 List price
34249 21st Ave SW Federal Way, WA 98023
5.3 acres
Land
Property details
About 34249 21st Ave SW
Seize the potential of 5.29 acres in Federal Way, zoned RS 7.2 for various permitted uses! From single-family homes (~28 lots est) to community/rec center/clubhouse, church/place of worship, school, daycare, special needs housing, public utilities/transit center, cemetery or cottage food operation. Existing features include a community garden setup, outbuildings, & a 570-sf small home structure. Sewer, city water, and all other utilities in street for development. Fully improved streets on E, S, & N sides. A driveway is already in place, ready to support your development vision. Park & ride adjacent, grocery shopping, business services close by. Easy access to I-5. Sold AS IS—don’t miss this opportunity to bring your dream project to life!
Highlights
StatusActive
Lot size5.29 Acres
MLS #2352205
ViewTerritorial
Summary
- View: Territorial
- List Price: $2,850,000
- HOA Amount: $0
- Annual Tax Amount: $1,840
- Tax Year: 2023
- Lot: Corner Lot, Curbs, Paved, Sidewalk
- Directions: From I-5, go west on 320th, turn left on 21st Ave SE, go 1-3 miles, property is on right at the corner of 21st Ave SW and SW 344th St. NO SIGN YET, it is coming.
- Lot Size: 5.29 Acres
- MLS Number: 2352205
- MLS Name: NWMLS
- Office Name: KW Mountains to Sound Realty
- Office Phone: (253) 220-8371
- Listing Agent: David R Knight
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
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. Properties displayed may be listed or sold by various participants in the MLS.
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest Multiple Listing Service IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2025 Northwest MLS. All rights reserved.
DMCA Notice
Disclaimer: Information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included. NorthwestMLS
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/16/2025, 2:47:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 28, 2000 | Home Sold | $550,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $140,700 | $1,840 |
| 2022 | $351,300 | $- |
| 2020 | $97,200 | $1,295 |
| 2018 | $245,600 | $- |
| 2017 | $211,500 | $- |
History based on county public records data.
Nearby schools
5
Sherwood Forest Elementary School
Public District KG-5
0.6 mi
•34600 12th Ave SW
3
Brigadoon Elementary School
Public District KG-5
0.8 mi
•3601 SW 336th St
4
Northeast Tacoma Elementary School
Public District PK-5
1.0 mi
•5412 29th St NE
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $43,077. Residents of Federal Way, WA typically earn less than $<35k each year. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
42%
<35k
30%
35k-100k
27%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
44%
Single, No Kids
11%
Single, with Kids
24%
Married, No Kids
21%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
8%
12-17 yrs old
21%
18-34 yrs old
46%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Symphony or Opera
Soccer
Figure Skating
Where do the neighbors shop?
Chico's
Burlington
Nordstrom Rack
Where do the neighbors go to eat?
Boston Market
Wingstop
Bob Evans
What do the neighbors drive?
Volvo
Nissan
Oldsmobile
What do the neighbors listen to?
Talk/Personality
Christian Adult Contemporary
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 34249 21st Ave SW
The listing price of 34249 21st Ave SW property is $2,850,000.
The property 34249 21st Ave SW is land located in Federal Way, Washington, 98023.
Active Listing: 34249 21st Ave SW is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 34249 21st Ave SW are: Sherwood Forest Elementary School (GreatSchools Rating 5/10), Brigadoon Elementary School (GreatSchools Rating 3/10), Northeast Tacoma Elementary School (GreatSchools Rating 4/10), TAF Academy at Saghalie (GreatSchools Rating 2/10), Illahee Middle School (GreatSchools Rating 2/10), Lakota Middle School (GreatSchools Rating 3/10), Decatur High School (GreatSchools Rating 3/10), Federal Way Public Academy (GreatSchools Rating 10/10), Todd Beamer High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $1,840 (source: MLS/based on county public records data).
The last sale was on December 28, 2000 for $550,000 (source: MLS/tax record).
The property 34249 21st Ave SW is 5.29 acres.
The sq. ft. of 34249 21st Ave SW is not available (source: MLS/tax record).
This home is located at 34249 21st Ave SW in Federal Way, WA and zip code 98023 in the Twin Lakes neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 10, 2025 and is currently priced at $2,850,000.
Federal Way, WA housing market in June 2025 saw over 27 listings sold above listed price, more than 30 sold at listed price and over 25 sold below. The number of listings in Federal Way, WA increased by 10.8% between May and June 2025. In June 2025 median list price was $599,995 and the average listing age was 18 days.
From Rocket Homes Real Estate and based on county public records data.