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Listed by:Windermere Real Estate Co. • Brooks Glenn
$495,000
Est. payment /mo
1 Bed
1 Bath
720 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 720 sqft
Price per Sqft $687
Subdivision Federal Way
MLS Listing ID 2513002
Style 10 - 1 Story
Bedrooms 1
Full Baths 1
Year Built 1947
Annual Tax Amount $3,820
Lot Size 0.689 Acres
Lot Dimensions 100' x 300'
Property Sub-Type Single Family Residence
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.
Location
State WA
County King
Area 110 - Dash Point/Federal Way
Rooms
Main Level Bedrooms 1
Interior
Fireplace false
Exterior
Exterior Feature Metal/Vinyl, Stone
View Y/N No
Roof Type Composition
Garage Yes
Building
Story One
Sewer Available
Water Public
New Construction No
Schools
School District Federal Way
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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