Federal Way Homes with 40 - Res-Less thn 1 Ac Style

Welcome to Federal Way, Washington—a vibrant city nestled in King County, where lush greenery meets urban convenience. Ideally located between Seattle and Tacoma, Federal Way offers a perfect blend of suburban charm and metropolitan accessibility. With its stunning parks, scenic waterfront, and a community-oriented atmosphere, this neighborhood is a haven for families, professionals, and outdoor enthusiasts alike.

The real estate market in Federal Way is as diverse as its residents, particularly when it comes to homes on lots less than one acre. Here, you’ll find a variety of charming residences that cater to different lifestyles and budgets. From cozy single-family homes to modern townhouses, the architectural styles are as varied as the people who call this place home. Many of these properties boast spacious layouts, updated amenities, and beautifully landscaped yards, making them perfect for entertaining or unwinding after a busy day.

Living in Federal Way means being surrounded by nature’s beauty. The city is home to numerous parks, including the renowned Dash Point State Park, where you can enjoy hiking, biking, and breathtaking views of Puget Sound. The local community also offers a plethora of shopping, dining, and entertainment options, ensuring that residents have everything they need right at their fingertips.

Whether you’re a first-time homebuyer or looking to settle down in a welcoming community, Federal Way has something special for everyone. Come explore the charm and convenience of this delightful neighborhood, and discover your dream home today!

Newest Federal Way Homes with 40 - Res-Less thn 1 Ac Style

$349,999

2550918 MLS ⋅ ACTIVE Status

Discover the perfect canvas for your dream home with this exceptional view lot in Federal Way. Enjoy beautiful Puget Sound views from a setting that offers the ideal blend of privacy, convenience, and Pacific Northwest beauty. With water, sewer, power available in the street, much of the groundwork is already in place to begin planning your custom home. Ideally located near beaches, parks, schools, dining, and major commuter routes, this property offers the rare opportunity to build a home tailored to your lifestyle while taking advantage of the area's natural beauty and stunning water views. Whether you envision a contemporary masterpiece or a timeless Northwest retreat, this is your chance to create something truly special in one of Federal Way's most desirable locations. Buyers & their representatives to verify all information to their own satisfaction.

SW 296th St, Federal Way

Listing courtesy of Cedarland Group.

$229,950

2551098 MLS ⋅ ACTIVE Status

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.

32842 22nd Avenue S, Federal Way

Listing courtesy of John L. Scott, Inc.

$400,000

2512126 MLS ⋅ ACTIVE Status

Opportunity is knocking with this expansive 0.69-acre (approx. 30,000 sq ft) parcel in the sought-after Steel Lake area. This is a true teardown, (720 square-foot single family home), making it the perfect blank canvas for your next project—whether you're a first-time investor looking to get into development or a seasoned builder ready to maximize potential. Zoned RS7.2, the property offers strong subdivision potential for multiple single-family homes/Townhomes, (buyer to verify), giving you flexibility to build and scale in an established neighborhood. Large, usable lots like this are becoming increasingly rare—especially in a location close to shopping, schools, and major commuter routes. An incredible opportunity to create value from the ground up. Bring your vision, your plans, and your ambition—this is where your next project begins.

31021 20th Avenue S, Federal Way

Listing courtesy of Windermere Real Estate Co..

$115,000

2511188 MLS ⋅ ACTIVE Status

She's rare, she's ready, and she won't be available for long! This beautifully situated, ready-to-develop lot sits in a well-loved, established well-maintained neighborhood with the infrastructure already in place. Dream it, design it, build it — this is your moment! DADU potential makes it an even smarter play for investors and custom home builders alike. Water and power in the street, septic-friendly, and just minutes from freeways, restaurants, and shopping. The only thing missing is you!

1415 SW 356th Street, Federal Way

Listing courtesy of Windermere Abode.

$249,500

2505593 MLS ⋅ ACTIVE Status

Prime Vacant Lot in Desirable Development – Ready to Build Your Dream Home! Perfect canvas for your custom home. This ready-to-build lot offers unparalleled convenience making construction seamless from day one. All utilities on-site: Power, sewer, and drainage are already connected and ready for hookup – no delays or extra costs! Brand-new paved street with curbs, sidewalks, and direct access to the property. Enjoy a fresh new playground and charming small park area just steps away, ideal for relaxing outdoors. Priced to sell. Don't miss this rare opportunity to build your dream home! 3 separate lots are still available.

372 xx 29th Avenue S Unit #Lot 1, Federal Way

Listing courtesy of Coldwell Banker Danforth.

$169,000

2465650 MLS ⋅ ACTIVE Status

Build your vision on this rare vacant lot nestled in a quiet residential neighborhood just minutes from I-5, shopping, schools, and parks. This parcel offers a great opportunity for builders, investors, or anyone looking to create their custom home. the lot is surrounded by established homes on a peaceful street. Whether you’re looking to build now or hold for future potential, this is a fantastic opportunity in a desirable Federal Way location. Buyer to verify all info.

32257 39th Avenue S, Federal Way

Listing courtesy of John L. Scott, Inc.

$165,000

2418025 MLS ⋅ ACTIVE Status

NEW PRICE on this Raw Vacant land available in Federal Way! Two (2) tax parcels (2188202255 & 2188202245) total 33,000 square feet of relatively level ground, brush and treed. Zoned RS15.0. Water and electrical service are available to the property. A fire hydrant is right in front! Don't miss your chance to own a prime piece of King County Real Estate. Located close to the Federal Way Costco, shopping, and easy freeway access. You can develop now or hold as an investment. Perk test passed but has expired. No wetland or flood plain. Buyer to verify all information to their approval.

36922 6th Avenue SW, Federal Way

Listing courtesy of Coldwell Banker Bain.

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