Off market since Sep 2026

The Story

42626 Undisclosed

Federal Way, WA 98003 · 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.


Facts & Features

Property Info

Price
$1,600,000
Completion Year
1,947
Living Space
3,100 sq ft
Bedrooms
6
Bathrooms
2
Lot size
1 acres

Features & Amenities

Basement

Yes

Cooling

Heat Pump

Heating

Electric, Heat Pump

Appliances

Dishwasher, Dryer, Microwave, Refrigerator, Disposal, Washer

Roof

Composition

Lot Information

Wooded

Exterior

Garden

Water Source

Public

Listing Broker

Windermere Real Estate Co.

Broker Name

Windermere Real Estate Co.

Agent

Brooks Glenn

Location

Seattle WA 98109