homeWelcome, sign in or click here to subscribe.login
     


 

 

Real Estate


Subscriber content preview

June 30, 2022

Federal Way development site sells for $13M

By JOURNAL STAFF

FEDERAL WAY — An unaddressed, nearly 22-acre tract housing site in Federal Way recently sold for just over $12.9 million, according to King County records. The seller was Edgewood Terrace Estates LLC, which acquired the unimproved land in 2020 for almost $5.7 million.

The buyer was Woodlands at Redondo - Federal Way LP, which is associated with California homebuilder Heartstone. DR Horton also has a separate $2.8 million stake in the land, acquired from the same seller.


 
. . .


To read this story in full login or purchase a subscription.




Email or user name:
Password:
 
Forgot password? Click here.