Date
Details
Price
Change
Source
4/27/2026
Listed
$1,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/1
$1,600,000
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Property Description
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.
Full Property Details
Full Property Details for MLS# 2513577
General
- Price: $1,600,000
- Taxes: $6,941 (2025)
- Status: Active
- Type: Single Family
- Source: NWMLS
- MLS ID: 2513577
- Updated: 4/28/2026
- Added to Site: 35 day(s) ago
Interior
- Interior Features: Bath Off Primary, Dbl Pane/Storm Window, Dining Room, Security System
- Fireplace(s): Wood Burning
- Appliances: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Flooring: Engineered Hardwood, Travertine
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 2
Bedrooms
- Total Bedrooms: 6
- Bedrooms Lower: 1
- Bedrooms Main: 5
Additional Information
- Security/Safety: Security System
Parking
- Garage: Yes
- Attached garage: Yes
- Covered Spaces: 3
- Parking Features: Attached Garage
Location
- Area: 110 - Dash Point/Federal Way
- County: King
- Subdivision: Federal Way
- Driving Directions: Undisclosed
- Direction Faces: East
School Information
- High School District: Federal Way
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Heat Pump
- Heating Type: Heat Pump
Utilities
- Sewer: Available, Sewer Connected
- Water: Public
Structural Information
- Structure Type: House
- Exterior Const.: Brick, Wood
- Basement Desc.: Daylight, Finished
- Foundation: Poured Concrete
- Roof: Composition
- Entry Location: Main
- Square Feet: 3,200
- Finished Total: 3,100 Sq. Ft.
- Unfinished Total: 100 Sq. Ft.
- Year Built: 1947
Lot Features
- Lot Size (Acres): 1.3774
- Lot Size (Sq. Ft.): 60,000
- Lot Size Source: Realist
- Lot Dimensions: 100’ x 300’
- Topography: Partial Slope
- Trees/Vegetation: Brush, Fruit Trees, Garden Space, Wooded
Green Features
- Energy Generation: Solar
Financial Considerations
- Tax Amount: $6,941
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: None
- Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Property ID: RS042626
Listed by Brooks Glenn | Windermere Real Estate Co. | (206) 448-6000
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Price & Sales History for MLS# 2513577
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Sold by Chelsea Halverson | Compass
MLS# 2513577, Federal Way, WA 98003 (MLS# 2513577) is a Single Family property with 6 bedrooms and 2 full bathrooms. MLS# 2513577 is currently listed for $1,600,000 and was received on April 27, 2026. Want to learn more about MLS# 2513577? Do you have questions about finding other Single Family real estate for sale in Federal Way? You can browse all Federal Way real estate or contact a Coldwell Banker agent to request more information.