Steel Lake Houses for Sale

/26
$680,000 Open Sat 12PM - 3PM
- 3 Beds
- 2.5 Baths
- 2,294 Sq Ft
30332 10th Ave S, Federal Way, WA 98003

This Beautifully Updated 3-bed, 2.5-bath Home offers 2,294 sq. ft. of Stylish living space w/ Spacious Living Room, Cozy Fireplace, Kitchen w/Granite Countertops and Large Bonus Room provides endless flexibility—perfect for a Home Office, Gym, or Playroom. The Luxurious Primary Suite features a 5-Piece Bath, with A/C and Dual Walk-In Closets, French Doors w/ opening to a Private, Fully Fenced

Chandra Goodwin Coldwell Banker Danforth

30332 10th Ave S, Federal Way, WA 98003
Explore Steel Lake
/3
$908,375 New Construction
- 5 Beds
- 3 Baths
- 2,983 Sq Ft
30214 11th Place S, Federal Way, WA 98003

Welcome to The Beaumont at The Summit at Steel Lake—one of the first releases in this new Soundbuilt Homes community! This 2,983 sq. ft. home offers 5 bedrooms including a main floor guest suite, plus a spacious upstairs loft. Tandem 3 car garage with shop space and a 7,200 sq. ft. lot—larger than most new construction. Features include a covered patio, fenced yard, and energy-efficient heat

Kyle Fox Windermere RE/Lake Tapps, Inc

30214 11th Place S, Federal Way, WA 98003

Washington King County Federal Way Steel Lake

Why Live in Steel Lake

Steel Lake in Federal Way is a neighborhood characterized by its elevated homes and towering pine trees, many of which have private docks and patios overlooking the tranquil waters of Steel Lake. The area features a mix of classic single-level, raised ranch-style, and split-level homes, with prices ranging from $400,000 to $900,000. The Overlook, a three-story condominium complex, offers more affordable options between $250,000 and $350,000. Steel Lake Park, a 53-acre green space, is a local attraction with a sandy beach, boat launches, beach volleyball, a skate park, and a large playground. Nearby Wildwood Park and Sacajawea Park provide additional recreational facilities, including sports fields and paved trails. The neighborhood is car-dependent, bordered by Route 99 and I-5, with easy access to Tacoma (14 miles south) and Seattle (22 miles north). Public transportation is available via Sound Transit buses, and a light rail system is under construction, set to connect the area by 2026. The city center, just south of Steel Lake, offers retail options, supermarkets, and diverse dining experiences, such as 85°C Bakery Café and Mirak Korean BBQ.

Learn more about living in Steel Lake

Home Trends in Steel Lake, WA

On average, homes in Steel Lake, Federal Way sell after 44 days on the market compared to the national average of 70 days. The median sale price for homes in Steel Lake, Federal Way over the last 12 months is $454,985, down 19% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$454,985

Median Single Family Sale Price

$467,810

Median Townhouse Sale Price

$250,000

Median 2 Bedroom Sale Price

$275,000

Average Price Per Sq Ft

$269

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

1.40

Median List Price

$425,000

Median Change From 1st List Price

Median Home Sale Price YoY Change

-19%

How to Buy a Home How to Finance a Home How to Sell a Home

In Steel Lake, there are currently 2 houses for sale, offering a variety of options for prospective buyers. With houses ranging from $680,000 to $908,375, there's something for every budget. As of August, 2025 the median home price in Steel Lake, Federal Way is $425,000, while the average sale price is $661,242, providing insight into local market trends. On average, houses spend 44 days on the market before being sold. Whether you're searching for a single-family residence, exploring single-family detached houses for sale, or considering new construction houses for sale, there are options available to suit every lifestyle. Browse properties and houses for sale in Steel Lake, Federal Way and find the perfect place to call home.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID