31021 20th Avenue S Federal Way, WA 98003
31021 20th Avenue S
Federal Way, WA 98003
$495,000
Land
0 Beds
0.00 Baths
0 SqFt
Active
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.
Property Features
Community: Federal Way
Res-Less thn 1 Ac
Pool: Above Ground
2025 Taxes: $3820.00
Buyer Broker Comp.: 2.5%
Listing #: 2512126
Lot Details
Lot Size: 0.69 acres
Road: See Remarks
Utilities
Electricity: Available
Water: Available
Gas: In Street
Sewer: Available
Schools
District: Federal Way
Call or Email:
Grace Wamwere
What's Near 31021 20th Avenue S Federal Way, WA 98003?
Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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Courtesy of Windermere Real Estate Co.
