31021 20th Avenue S, Federal Way, WA 98003

• 1 bed |
• 1 bath |
• 720 sqft

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.

Listing Status:

Active

Data Last Updated:

April 30, 2026 at 9:19PM

Listing Office:

Windermere Real Estate Co. : 206-448-6000

Listing Agent:

Brooks Glenn : 206-448-6000

MLS ID:

2513002

Interior

• A/C: None
• Heating: None
• Fireplace: Fireplaces: 0

Exterior

• General: Metal/VinylStone
• Parking: Attached GarageParking spaces: 2

Construction

• Roofing: Composition
• General: OneBlock

Location

• HOA Amenities: 0.0
• Originating MLS: nwmls
• School District: Federal Way
• County: King

Lot

• Topography: Partial Slope
• Zoning: 7853600045

Utilities

• Water: Public
• Sewer: Available

Financial

• Source: nwmls