Excellent opportunity for investors or builders to acquire vacant land in a growing Federal Way location. Potential for residential development—buyer to verify zoning, utilities, and feasibility with King County. Convenient access to major roads, services, and surrounding amenities. Bring your vision and explore the possibilities. No feasibility studies have been completed.
Steel Lake, located between I-5 and Dash Point State Park, is a lakeside and suburban Federal Way neighborhood with a freshwater shoreline and wooded greenbelts. The neighborhood’s character concentrates around the Steel Lake Park shoreline and the community center, where ballfields, picnic lawns, and a busy boat launch set the daily rhythm. Mid-century ramblers and split-levels sit along curving streets, with pockets of newer townhomes near main arterials. Water views and short trails shape an outdoors-forward routine, while nearby shopping corridors keep errands close at hand. The Steel Lake Park Community Center and the Federal Way Performing Arts & Event Center add a civic, cultural layer beyond the lake.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Heavily forested lot
Has a view
Exterior features
Paved road frontage
County-maintained paved road
Road on north side
Located in a city jurisdiction
Topography: see remarks
Home design
Land property (residential zoning RS7.2)
Style: Residential — less than 1 acre
Construction
Located in Marine View Park
Utilities
Water available in the street (Lakeheaven jurisdiction)
Electricity available in the street
Natural gas available in the street
Sewer available in the street
No septic design installed
Financial info
Listing terms: Cash or Conventional
Other
Lot size about 0.37 acres (16,117 square feet)
MLS lot size source: Realist
Zoning jurisdiction: City
Electricity and solar
View estimated energy costs and solar savings for this home