31021 20th Avenue S, Federal Way, WA 98003
- $400,000
Listing courtesy of Windermere Real Estate Co..
- List Price
- $400,000
- Status
- ACTIVE
- MLS#
- 2512126
- Price Change
- ▼ $95,000 1779931390
- Days on Market
- 94
- Lot Size (sq ft)
- 30,000
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.
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Additional Information
- Community
- Federal Way
- Style
- 40 - Res-Less thn 1 Ac
- Zoning Jurisdiction
- City
- Sewer
- Available
- Tax Year
- 2025
- School District
- Federal Way
- Potential Terms
- Cash, Conventional
- Driving Directions
- Head south on Pacific Hwy S (WA-99). Turn right onto S 312th St. Turn left onto 20th Ave S. Continue for about 0.2 miles—your destination, 31021 20th Ave S, will be on the right.
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.