MLS: #NWM2513002, Listed By: Brooks Glenn, Windermere Real Estate Co., Source:NWMLS - Northwest Multiple Listing Service
31021 20th Avenue
Federal Way, WA 98003
1
Bed
1
Bath
720Sqft
0.69Acre(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedroom: 1Bathroom Information
Total Baths: 1 Full Baths: 1Interior Features
Roof: CompositionRoofing Information
Composition -
Flooring Information
Construction Materials: Metal/Vinyl, Stone -
Heating & Cooling
Heating: None Cooling: None WaterSource: Public
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Building Information
Year Built: 1947 -
Exterior Features
Metal/Vinyl, Stone Construction Materials: Metal/Vinyl, Stone Foundation Details: Block
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Lot Information
Lot Dimensions: 100' x 300' Lot Square Feet: 30000 Lot Acres: 0.6887Property Information
Property Type: Residential Sub Type: Single Family Residence Structure Type: House
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Listing Price Information
Original List Price:$495000
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Tax Information
Annual Tax: $3820 Tax Year: 2025 Parcel Number: 7853600045
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Parking Information
Total Parking: 2 Attached GarageGarage Information
Has Garage: Yes
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Utility Information
Sewer: Available Water Source: Public -
Location Information
Subdivision: Federal Way City: Federal Way Direction: 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.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 28605 30th Avenue, Federal Way, WA, 98003 | $674,990 | 4 | 2 | 1,580 | 1,580 SqFt |
| 3001 S 288th Street #74, Federal Way, WA, 98003 | $110,000 | 2 | 1 | 980 | 980 SqFt |
| 2611 S 288th Street #6, Federal Way, WA, 98003 | $165,000 | 2 | 2 | 900 | 900 SqFt |
| 2611 S 288th Street #21, Federal Way, WA, 98003 | $115,000 | 3 | 2 | 1,296 | 1,296 SqFt |
| 2611 S 288th Street #34, Federal Way, WA, 98003 | $130,000 | 3 | 2 | 1,400 | 1,400 SqFt |
| 3001 S 288th Street #89, Federal Way, WA, 98003 | $165,000 | 3 | 2 | 1,344 | 1,344 SqFt |
| 2537 S 288th Street #3, Federal Way, WA, 98003 | $459,000 | 4 | 3 | 1,717 | 1,717 SqFt |
| 29854 30th Avenue, Federal Way, WA, 98003 | $639,990 | 4 | 3 | 2,049 | 2,049 SqFt |
| 2372 S 284th Court, Federal Way, WA, 98003 | $725,000 | 3 | 3 | 2,080 | 2,080 SqFt |
| 1645 S 272nd Street #33, Federal Way, WA, 98003 | $79,000 | 2 | 1 | 650 | 650 SqFt |
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Based on information submitted to the MLS GRID as of 06/19/2026 @ 18:20. All data is obtained from various sources and may not have been verified by the 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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ByOwner last updated this listing 06/19/2026 @ 18:20
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