Emma Lazo

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Listing provided courtesy of Keller Williams Rty TacomaNWMLSas Distributed by MLSGrid- MLS# NWM2464424MLS Provider

1248 SW 312th StreetFederal Way, WA 98023

Vacant Land · 1.12 Acres
$250,000 Active

1248 SW 312th Street Overview

Visits:
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An exceptional opportunity in the heart of Dash Point! This 1+ acre level parcel is full of potential for a private estate or possible development. Utilities are conveniently located in the street. Located within walking distance to Mirror Lake and just minutes from shopping, dining, entertainment and easy commuting access. A rare opportunity to own a lot of this size in the area. Buyer to verify all information.

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1248 SW 312th Street Facts & Features

  • Type Vacant Land
  • Lot 1.12 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Federal Way

Location/Region

  • Country: US
  • County Or Parish: King
  • MLS Area Major: 110 - Dash Point/Federal Way
  • Subdivision Name: Dash Point

General Information

  • Listing Terms: Cash, Conventional, FHA, VA Loan
  • Parcel Number: 0721049226
  • Possible Use: Residential
  • Property Sub Type: Land
  • Property Type: Land
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 0
  • Building Area Units: Square Feet
  • Calculated Square Footage: 0
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Heating: No
  • Living Area: 0
  • Main Level Bathrooms: 0

Exterior

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Curbs, Paved, Sidewalk
  • Lot Size Acres: 1.12
  • Lot Size Square Feet: 48787
  • Lot Size Units: Square Feet
  • Road Surface Type: Paved
  • Elevation Units: Feet
  • Water Source: In Street

Waterfront/View

  • View: No
  • Waterfront: No

Building Exterior/Construction

  • Structure Type: None

General Information

  • Carport: No
  • Electric On Property: No
  • Sewer: In Street
  • Utilities: Electricity Available

1248 SW 312th Street Neighborhood

Community

98023 (Federal Way) Demographics

37
Median Age
4,278
Population Density (per sq. mile)
42%
College Educated
$82,566
Estimated Median Income
10,989
Estimated Total Home Owners
6,477
Estimated Total Renters
63% / 37%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1248 SW 312th Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1248 SW 312th Street Market Data

Based on the last 30 days in this zip code

$732,198
Average List Price
$332
Average Price per Square Foot
38
Properties Sold
62
Average Days on Market
184
Properties for Sale
Calculations provided by Reliance Network

1248 SW 312th Street History

Date Event Value Agent
4/3/2026Source: NWMLS Price Reduction
$250,000 -12.3%
3/3/2026Source: NWMLS Price Reduction
$285,000 -13.6%
1/29/2026Source: NWMLS Status Change
Active
1/4/2026Source: NWMLS Status Change
Pending
1/1/2026Source: NWMLS Added to Database
January 01, 2026
6/20/2022Source: NWMLS Added to Database
June 01, 2021