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For Sale 30 Days Online
$495,000
30,000 Sqft Lot
No Garage
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.
Offer Review
Will review offers when submitted
Listing source NWMLS MLS #
2512126
Listed by
Brooks Glenn, Windermere Real Estate Co.
Contact our
Federal Way
Real Estate Lead
RE/MAX Northwest Realtors
Phone...
Property History
Apr 24, 2026
Listed
$495,000
Apr 23, 2026
Listed
$495,000
NWMLS #2512126
More
Listing Details
  • Status
    For Sale
  • Price
    $495,000
  • Original Price
    Same as current
  • List Date
    April 23, 2026
  • Last Status Change
    April 23, 2026
  • Last Update
    May 7, 2026
  • Days on Market
    30 Days
  • Cumulative DOM
    30 Days
  • $/sqft (Total)
    --
  • $/sqft (Finished)
    /sqft
  • Listing Source
  • MLS Number
    2512126
  • Listing Broker
    Brooks Glenn
  • Listing Office
    Windermere Real Estate Co.
Monthly Payment Estimate
  • Principal and Interest
    $2,595 / month
  • Property Taxes
    $318 / month
  • Homeowners Insurance
    $104 / month
  • TOTAL
    $3,017 / month

  • based on 20% down
    ($99,000)
  • and a
    6.85% Interest Rate
  • About:
    All calculations are estimates only and provided by Mainview LLC. Actual amounts will vary.
Property Details
  • Sqft (Total)
    0 sqft
  • Sqft (Finished)
    0 sqft
  • Sqft (Unfinished)
    None
  • Property Type
    Parcel
  • Sub Type
    Res-Less than 1 Acre
  • Bedrooms
    Bedrooms
  • Bathrooms
    0 Bathrooms
  • Lot
    30,000 sqft Lot
  • Lot Size Source
    Realist
  • Lot #
    Unspecified
  • Project
    Unspecified
  • Total Stories
    Unspecified
  • Sqft Source
    Unspecified
Property Tax Info
  • 2025 Property Taxes
    $3,820 / year
  • No Senior Exemption
Public Parcel Data & Maps
Schools
  • School District
    Federal Way
  • Elementary
    Unspecified
  • Middle
    Unspecified
  • High School
    Unspecified
HOA
  • HOA Dues
    Unspecified
  • Fees Assessed
    Unspecified
  • HOA Dues Include
    Unspecified
  • HOA Contact
    Unspecified
  • Management Contact
Parking
  • Covered
    Unspecified
  • Has Garage
    No
Construction
  • Home Builder
    Unspecified
Cooling
Heating
Interior
Property
Appliances
Terms
  • 3rd Party Approval Required)
    No
  • Bank Owned (REO)
    No
  • Complex FHA Availability
    Unspecified
  • Potential Terms
    Cash
    Conventional
Utilities
  • Sewer
    Available
  • Water Source
    Available
Additional Info
  • Waterfront
    No
  • Air Conditioning (A/C)
    No
  • Buyer Broker's Compensation
    2.5%
  • MLS Area #
    Area 110
  • Number of Photos
    7
  • Last Modification Time
    Wednesday, May 6, 2026 5:27 PM
  • System Listing ID
    5547015
Update Info
  • First For Sale
    2026-04-28 06:45:05
Listing details based on information submitted to the MLS GRID as of Wednesday, May 6, 2026 5:27 PM. 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.
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For Sale 30 Days Online
$495,000  
Offer Review: Anytime
NWMLS #2512126. Brooks Glenn, Windermere Real Estate Co.
Map
 
Listing information is provided by the listing agent except as follows: BuilderB indicates that our system has grouped this listing under a home builder name that doesn't match the name provided by the listing broker. DevelopmentD indicates that our system has grouped this listing under a development name that doesn't match the name provided by the listing broker.