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Federal Way, WA 98003

  • 6 Bed

  • 2 Bath

  • 3200 SqFt

  • 0 DOM

  • Built: 1947

  • Status: Active

$1,600,000

X

Federal Way 98003

$1600000

  • 6 Bed

  • 2 Bath

  • 3200 SqFt

  • 0 DOM

  • Built: 1947

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

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. (Please call Listing Broker for Information)!

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Residence Information

  • 3200

  • 6

  • 2

  • 0

  • 2

  • Composition

  • 12 - 2 Story

  • 1947

  • Daylight, Finished

  • Daylight, Finished

  • Poured Concrete

Features and Utilities

  • Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer

  • Bath Off Primary, Dbl Pane/Storm Window, Dining Room, Security System

  • Brick, Wood

  • Public

  • Available, Sewer Connected

Financial

  • 6941

  • Cash, Conventional

  • 04-27-2026

Comparable Information

  • 0

  • 0

  • Cash, Conventional

  • $1,600,000

  • $1,600,000

  • Apr 27, 2026 23:34

Schools

Map

Listing courtesy of Windermere Real Estate Co..

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Apr 27, 2026 19:35 | Listing last modified Apr 27, 2026 23:34. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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