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#2380050, Deanna Woodin, Listing office: Coldwell Banker Danforth
#2402686·
Listing office: Berkshire Hathaway HS NW·
Listing agent: Mary King·
Listing office phone: 253-946-4000
$560,000 List price
35806 1st Ave S Federal Way, WA 98003
3 beds
2 full
2,810 sqft
0.9 acres
$199 / sqft
House
Property details
About 35806 1st Ave S
Prime opportunity in a coveted location! Nestled on a near1-Acre lot, this exceptional property offers incredible potential for investors, developers, or visionary homeowners. Whether youre looking to renovate the existing home or start from scratch with a custom new build, this expansive and serene lot provides the perfect canvas. Located in a prime, Federal Way area, youre just minutes from shopping, schools, parks, and easy freeway access—making it an ideal and rare chance to capitalize on the value of land in a premium setting. Don’t miss this opportunity to create your dream home or a profitable investment. Opportunities like this dont come often—bring your vision and unlock the full potential of this great investment property!
Highlights
HeatingForced Air
StatusActive
Size2,810 sqft
BasementYes
Lot size0.9214 Acres
Year built1922
MLS #2402686
FireplaceWood Burning
ViewTerritorial
Summary
- Full Bathrooms: 2
- Basement: Yes
- Flooring Type: Laminate, Carpet
- Interior: Dining Room, Fireplace, Laminate
- Fireplace: Wood Burning
- Total Bedroom Count: 3
- Attached Garage: No
- Parking: None
- View: Territorial
- Exterior: Wood
- Heating: Forced Air
- Cooling: None
- List Price: $560,000
- Price/SqFt: $199
- HOA Amount: $0
- Annual Tax Amount: $5,505
- Tax Year: 2023
- Lot: Corner Lot, Paved
- Directions: From Pacific Hwy go west to 1st Ave S., left on 1st and home will on the left side on 358th block
- Year Built: 1922
- Living Area: 2,810 SqFt
- Lot Size: 0.9214 Acres
- MLS Number: 2402686
- MLS Name: NWMLS
- Office Name: Berkshire Hathaway HS NW
- Office Phone: (253) 946-4000
- Listing Agent: Mary King
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: 7/11/2025, 11:32:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $541,000 | $5,505 |
| 2022 | $541,000 | $5,333 |
| 2021 | $433,000 | $4,922 |
| 2020 | $413,000 | $4,988 |
| 2018 | $390,000 | $4,495 |
| 2017 | $346,000 | $4,927 |
History based on county public records data.
Nearby schools
4
Enterprise Elementary School
Public District KG-5
0.6 mi
•35101 5th Ave SW
4
Panther Lake Elementary School
Public District KG-5
0.9 mi
•34424 1st Ave S
5
Sherwood Forest Elementary School
Public District KG-5
1.1 mi
•34600 12th Ave SW
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 $75,602. The most common annual income of people living in Federal Way, WA is between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
13%
<35k
55%
35k-100k
27%
100k-200k
5%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
32%
Single, No Kids
13%
Single, with Kids
26%
Married, No Kids
29%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
12%
12-17 yrs old
20%
18-34 yrs old
42%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Soccer
Extreme Sports
Symphony or Opera
Where do the neighbors shop?
Forever 21
Sam's Club
Chico's
Where do the neighbors go to eat?
Dominos Pizza
White Castle
Boston Market
What do the neighbors drive?
Mazda
Oldsmobile
Volvo
What do the neighbors listen to?
Rhythmic Contemporary Hits
Rock
Talk/Personality
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Federal Way, WA
Transportation options in Federal Way include a network of bus routes that connect residents to nearby cities and local destinations. The area is also served by major highways, making it convenient for car travel. While some neighborhoods are more walkable than others, the city is continually improving its infrastructure to enhance pedestrian and cyclist safety and convenience.
The city is served by a robust educational system, with numerous public and private schools catering to all age groups. Healthcare services are readily available, with several clinics and a regional hospital providing comprehensive care. Retail and dining options are plentiful, offering both local and international cuisine, reflecting the diverse population of Federal Way.
Federal Way is known for its vibrant community spirit and natural beauty. The city prides itself on its well-maintained parks and recreational areas, including the popular Dash Point State Park. Residents enjoy a variety of annual events that showcase the city's cultural diversity and foster a sense of community.
Federal Way offers a diverse housing market with a mix of single-family homes, apartments, and townhouses. The architectural styles vary, with a prevalence of contemporary and craftsman designs. Single-family homes are the most common, reflecting the area's family-friendly atmosphere. The housing market is dynamic, with a range of options to accommodate different budgets and lifestyles.
About 35806 1st Ave S
The listing price of 35806 1st Ave S property is $560,000.
The property 35806 1st Ave S is a house located in Federal Way, Washington, 98003.
Active Listing: 35806 1st Ave S is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 35806 1st Ave S are: Enterprise Elementary School (GreatSchools Rating 4/10), Panther Lake Elementary School (GreatSchools Rating 4/10), Sherwood Forest Elementary School (GreatSchools Rating 5/10), Illahee Middle School (GreatSchools Rating 2/10), TAF Academy at Saghalie (GreatSchools Rating 2/10), Sequoyah Middle School (GreatSchools Rating 3/10), Federal Way Public Academy (GreatSchools Rating 10/10), Todd Beamer High School (GreatSchools Rating 2/10), Decatur High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $5,505 (source: MLS/based on county public records data).
The property at 35806 1st Ave S has 3 bedrooms and 2 bathrooms.
The property 35806 1st Ave S is 2,810 SqFt (source: MLS/tax record).
The year of construction for 35806 1st Ave S is 1922.
This home is located at 35806 1st Ave S in Federal Way, WA and zip code 98003. This 2,810 square foot home, which was built in 1922, sits on a 0.92 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 9, 2025 and is currently priced at $560,000.
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. Between May and June 2025, Federal Way, WA real estate market has seen increase in the number of listings by 10.8%. The median list price of listings available in June 2025 was $599,995, while the average time on the real estate market was 18 days.
From Rocket Homes Real Estate and based on county public records data.