31021 20th Avenue S, Federal Way, 98003
MLS® #: 2513002
Active, 44 Days on Market
Listing Office: Windermere Real Estate Co.
Last Update: 2026-06-06
1
Bed
1
Bath
0
Garages
44
Dom
720
Square feet
0.69
Acres
1947
Built
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.
Price & Status History
| Date | Details | Change |
|---|---|---|
| Date: | Details: Price Reduced from $495,000 to $400,000 |
Features of 31021 20th Avenue S
| MLS® # | 2513002 |
|---|---|
| Price | $400,000 |
| Bedrooms | 1 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 720 |
| Acres | 0.69 |
| Year Built | 1947 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
Community Information
| Address | 31021 20th Avenue S |
|---|---|
| Area | 110 - Dash Point/Federal Way |
| Subdivision | Federal Way |
| City | Federal Way |
| County | King |
| State | WA |
| Zip Code | 98003 |
Amenities
| Parking Spaces | 2 |
|---|---|
| Parking | Attached Garage |
| Is Waterfront | No |
Interior
| Heating | None |
|---|---|
| Cooling | None |
| Fireplace | No |
Exterior
| Exterior Features | Metal/Vinyl, Stone |
|---|---|
| Foundation | Block |
School Information
| District | Federal Way |
|---|
Additional Information
| Days on Market | 44 |
|---|---|
| Cumulative Days on Market | 44 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Property Taxes | $3,820 |
Listing Details
| Office | Windermere Real Estate Co. |
|---|
Listing Map
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