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$495,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 1 Bed
  • 1 Full Bath
  • 720 Sq. Ft.
  • Updated 1 day ago

Listed by Brooks Glenn | Windermere Real Estate Co. | (206) 448-6000

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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.

Full Property Details for 31021 20th Ave S

General

  • Price: $495,000
  • Taxes: $3,820 (2025)
  • Status: Active
  • Type: Single Family
  • Source: NWMLS
  • MLS ID: 2513002
  • Updated: 4/24/2026
  • Added to Site: 3 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Baths: 1

Bedrooms

  • Total Bedrooms: 1
  • Bedrooms Main: 1

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Covered Spaces: 2
  • Parking Features: Attached Garage

Location

  • Area: 110 - Dash Point/Federal Way
  • County: King
  • Subdivision: Federal Way
  • Driving Directions: Head south on Pacific Hwy S (WA-99). Turn right onto S 312th St. Turn left onto 20th Ave S. Continue for about 0.2 miles—your destination, 31021 20th Ave S, will be on the right.

School Information

  • High School District: Federal Way

Heating & Cooling

  • Cooling Type: None
  • Heating Type: None

Utilities

  • Sewer: Available
  • Water: Public

Structural Information

  • Structure Type: House
  • Exterior Const.: Metal/Vinyl, Stone
  • Foundation: Block
  • Roof: Composition
  • Square Feet: 720
  • Finished Total: 720 Sq. Ft.
  • Year Built: 1947

Lot Features

  • Lot Size (Acres): 0.6887
  • Lot Size (Sq. Ft.): 30,000
  • Lot Size Source: Realist
  • Lot Dimensions: 100' x 300'
  • Topography: Partial Slope
  • Trees/Vegetation: Brush, Wooded

Financial Considerations

  • Tax Amount: $3,820
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 7853600045

Listed by Brooks Glenn | Windermere Real Estate Co. | (206) 448-6000

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Schools serving 31021 20th Ave S

School District:Federal Way School District
NameGradesDistance
Wildwood Elementary School, Federal Way, WA
2405 South 300th Street, Federal Way, WA 98003
K-50.7 mi
Sacajawea Middle School, Federal Way, WA
1101 South Dash Point Road, Federal Way, WA 98003
6-80.9 mi
Federal Way Senior High School
30611 16th Avenue South, Federal Way, WA 98003
9-120.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 31021 20th Ave S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/23/2026
Listed
$495,000
456.49%
MLS
10/13/1998
Sold
$88,950
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 31021 20th Ave S

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,820
1%
$372,000
-2%
2024
$3,791
—
$380,000
—
2022
$3,802
23%
$380,000
30%
2021
$3,082
—
$292,000
17%
2021
$3,082
6%
$250,000
4%
2020
$2,911
9%
$240,000
5%
2019
$2,674
-10%
$228,000
11%
2018
$2,962
8%
$205,000
8%
2017
$2,735
4%
$189,000
9%
2016
$2,618
16%
$173,000
14%
2015
$2,256
7%
$152,000
19%
2014
$2,103
—
$128,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Brooks Glenn | Windermere Real Estate Co. | (206) 448-6000

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31021 20th Avenue S, Federal Way, WA 98003 (MLS# 2513002) is a Single Family property with 1 bedroom and 1 full bathroom. 31021 20th Avenue S is currently listed for $495,000 and was received on April 23, 2026. Want to learn more about 31021 20th Avenue S? Do you have questions about finding other Single Family real estate for sale in Federal Way City Center? You can browse all Federal Way City Center real estate or contact a Coldwell Banker agent to request more information.

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