31021 20th Avenue S, Federal Way, WA 98003

$400,000

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Courtesy of Windermere Real Estate Co.

List Price
$400,000
Status
ACTIVE
Days on Market
96
Price Change
▼ $95,000 1779931390
MLS#
2512126
Subtype
Land
Style
40 - Res-Less thn 1 Ac
Lot Size
30,000
Acres
0.69
Subdivision
Federal Way
Neighborhood
Federal Way
MLS Area Major
Dash Point/Federal Way

Property Description

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.

Additional Information

Property Description
40 - Res-Less thn 1 Ac
School District
Federal Way
Based on information submitted to the MLS GRID as of . 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.
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