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Listed by: Brooks Glenn | Windermere Real Estate Co. (206) 448-6000
$400,000
Monthly Est:$1,991
1 Bed
1 Bath1 full bath
720sqft
31021 20th Avenue S, Federal Way, WA 98003
$400,000
$1,991/moEst:
Get Pre-Approved
Single Family Residence
Built in 1947
$-- HOA
30,000 sqft lot
$556/sq.ft
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.
- Houzeo last checked: 12 hours ago
- Listing updated: September 9, 2026 at 1:45 pm
- Source: Northwest Multiple Listing Service | MLS#: NWM2513002
Property Details
Status
Pending
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
--
Year Built
1947
HOA Fees
-
Finished Area
720 sqft
Lot Size
30,000 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2513002
MLS Status
Pending
Days on Market
161
Cumulative Days on Market
160
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: 1
Bathroom: 1
Bedroom
Level: Main
Bathroom Full
Level: Main
Interior
Exterior Features
Metal/vinyl, Stone
Sewer
Available
Heating
None
Cooling
None
Construction
Year Built
Year Built: 1947
Home type
Single Family Residence
Roof
Composition
Foundation Details
Block
Construction Materials
Metal/vinyl, Stone
Utilities & Energy
Parking Features
Attached Garage
Water Source
Public
Other Features
Subdivision Name
Federal Way
Vegetation
Brush, Wooded
Price History
| Date | Event | Price |
|---|---|---|
09/04/2026 Source: | Sold | $300,000 -25.00% $417/sqft |
08/19/2026 Source: | Pending | $400,000 $556/sqft |
04/23/2026 Source: | Listed for Sale | $400,000 $556/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 01, 2026, 02:47PM. 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; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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