Address Withheld By Seller, Federal Way, WA 98003

Federal Way
Local realty services provided by:RSVP Brokers ERA
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
  • Subdivision & Development:Federal Way
  • Listing ID #:2513577
  • Updated:August 14, 2026 at 11:20 AM

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
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of August 14, 2026. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

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