Address Withheld By Seller, Federal Way, WA 98003

Local realty services provided by:CENTURY 21 Real Estate Center
Listed by: brooks glenn
Office: windermere real estate co.
MLS#:2513577
Source:NWMLS
Address Withheld By Seller,Federal Way, WA 98003
$1,600,000
  • 6 Beds
  • 2 Baths
  • 3,950 sq. ft.
  • Single family
  • Active

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Price summary

  • Price:$1,600,000
  • Price per sq. ft.:$500

About this home

Developers. Investors. Visionaries — This One Just Leveled Up. Now offering a rare double-lot opportunity totaling approx. 60,000 sq ft in the highly desirable Steel Lake area. This opportunity brings serious scale and flexibility for those ready to build and maximize potential. The property includes a 3,200 sq ft home + 750 sq ft DADU, creating immediate options—hold, rent, or redevelop while you plan your next move. Zoned RS7.2, this site presents strong potential for subdivision and multiple new homes or townhomes (buyer to verify)—making it ideal for both experienced developers and investors looking for their next value-add project. Large parcels like this—especially with existing structures and development flexibility—are becoming increasingly rare in established, well-located neighborhoods near shopping, schools, and major commuter routes. Two lots. Multiple paths. Unlimited upside. Build it. Scale it. Maximize it.

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Home facts

  • Year built:1947
  • Listing ID #:2513577
  • Updated:April 28, 2026 at 11:05 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Engineered Hardwood, Travertine
  • Kitchen Description:Dishwasher, Disposal, Microwave, Refrigerator
  • Bedroom Description:Lower Level Bedrooms : 1, Main Level Bedrooms : 5
  • Basement:Yes
  • Basement Description:Daylight, Finished
  • Living area:3,950 sq. ft.

Heating and cooling

  • Heating:Heat Pump

Structure and exterior

  • Roof:Composition
  • Year built:1947
  • Building area:3,950 sq. ft.
  • Lot area:1.38 Acres
  • Construction Materials:Brick Exterior Finish, Wood Exterior Finish
  • Foundation Description:Daylight, Finished
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Available, Sewer Connected

Finances and disclosures

  • Price:$1,600,000
  • Price per sq. ft.:$500
  • Tax amount:$6,941 (2025)

Features and amenities

  • Appliances:Dishwasher, Refrigerator, Washer
  • Laundry features:Dryer, Washer
  • Amenities:Security System

Parking

  • Total parking spaces:3
  • Parking description:Attached Garage
  • Garage:Yes
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