$ 495,000
-
$495,000
Price -
1
Bed -
1
Bath -
720
SqFt
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About the Listing 7017 - 120553
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 Highlights
Interior Details
- Bedrooms: 1
- Bathrooms: 1 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Master on Main
- Water: Lakhaven
Exterior Details
- Lot Description: Built On Lot
- Garage Capacity: N/A
- Parking Spaces: 2
- Lot Dimensions: 100' x 300'
- Roof: Composition
- Others: Metal/Vinyl,Stone
- Sewer: Lakehaven
- Parking Features: Attached Garage
Financial Details
- Tax Amount: $3,820
- Taxes w/Assessments: N/A
- Tax/Property ID: 7853600045
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
31021 20th Ave S Federal Way, WA 98003
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