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Steel Lake Homes for Sale

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  • /14

    $939,375 New Construction

    • 4 Beds
    • 2.5 Baths
    • 3,086 Sq Ft

    30220 11th Place S, Federal Way, WA 98003

    Welcome to The Liam at The Summit at Steel Lake—in this new Soundbuilt Homes community! Model Home Open 7 Days a week 11:00-4:30. This 3,086 sq. ft. home offers 5 bedrooms 2.5 bathrooms, a den, great room concept plus a spacious upstairs bonus room with outdoor balcony. A sought after and rare 3 car garage as well as a 7,342 sq. ft. lot—larger than most new construction. Features include LVP

    Kyle Fox Windermere RE/Lake Tapps, Inc

    30220 11th Place S, Federal Way, WA 98003
  • /21

    $879,950 Open Tue 11AM - 4:30PM

    • 4 Beds
    • 3 Baths
    • 2,510 Sq Ft

    30217 11th Place S, Federal Way, WA 98003

    Welcome to The Camden at The Summit at Steel Lake—in this new Soundbuilt Homes community! This rare rambler style home offers 2.510 sq. ft. with 4 bedrooms including a main floor primary suite! Main floor also features a great room concept and 2 additional bedrooms. Upstairs a spacious upstairs bonus room & 4th bedroom. Fully fenced 7,214 sq. ft. lot—larger than most new construction. Features

    Kyle Fox Windermere RE/Lake Tapps, Inc

    30217 11th Place S, Federal Way, WA 98003
  • /29

    $907,375 Open Tue 11AM - 4:30PM

    • 5 Beds
    • 3 Baths
    • 3,019 Sq Ft

    30215 11th Place S, Federal Way, WA 98003

    Welcome to The Cedar at The Summit at Steel Lake—in this new Soundbuilt Homes community! This 3,019 sq. ft. home offers 5 bedrooms including a main floor guest suite, plus a spacious upstairs bonus room. Oversized two car garage with shop space and a 7,532 sq. ft. lot—larger than most new construction. Features include LVP flooring, designer finishes, a covered patio, fully fenced yard, and

    Kyle Fox Windermere RE/Lake Tapps, Inc

    30215 11th Place S, Federal Way, WA 98003
  • /2

    $881,375 Open Tue 11AM - 4:30PM

    • 5 Beds
    • 3.5 Baths
    • 2,810 Sq Ft

    30327 11th Place S, Federal Way, WA 98003

    Welcome to The Sterling at The Summit at Steel Lake—one of the first releases in this new Soundbuilt Homes community! This 2,810 sq. ft. home offers 4 bedrooms, 3.5 bathrooms including a main floor guest suite. A functional floorplan also featuring a spacious upstairs playroom. Sitting on a 7,500 sq. ft. lot, this home offers an abundance of yard space. Features include a covered patio, fenced

    Kyle Fox Windermere RE/Lake Tapps, Inc

    30327 11th Place S, Federal Way, WA 98003
  • /3

    $911,580 Open Tue 11AM - 4:30PM

    • 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
  • /2

    $1,800,000

    • Land
    • 0.78 Acre
    • $2,312,436 per Acre

    30600 Pacific Hwy S, Federal Way, WA 98003

    Very potential commercial lot in the heart of Federal Way, you can build a multiple unit rental apartment, or a mix use business building. Please verify with City planning department.

    Hiep Vinh Skyline Properties, Inc.

    30600 Pacific Hwy S, Federal Way, WA 98003
  • /4

    $580,000

    • Land
    • 1.34 Acres
    • $431,580 per Acre

    29829 Pacific Hwy S, Federal Way, WA 98003

    250 feet of frontage on High Traffic Pacific Highway South. Just over an acre with access from both 16th Ave S on the West, and Pacific highway South on the east. Business Commercial Zoning.

    Sandee Baker Zaran Sayre & Associates, Inc.

    29829 Pacific Hwy S, Federal Way, WA 98003

Frequently Asked Questions

Is Steel Lake a good place to live?
Steel Lake is a good place to live. Steel Lake is considered somewhat walkable and somewhat bikeable with some transit options. Steel Lake has 3 parks for recreational activities. It has a median age of 38. The average household income is $89,457 which is below the national average. College graduates make up 26% of residents. A majority of residents in Steel Lake are renters, with 50.3% of residents renting and 49.7% of residents owning their home. A local real estate agent serving Steel Lake can help you decide if this neighborhood is the right one for you. Learn more on our Steel Lake neighborhood guide.
Is Steel Lake, WA a safe neighborhood?
Steel Lake, WA is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.
How much do you need to make to afford a house in Steel Lake?
The median home price in Steel Lake is $607,500. If you put a 20% down payment of $121,500 and had a 30-year fixed mortgage with an interest rate of 6.26%, your estimated principal and interest payment would be $3,000 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $129K a year to afford the median home price in Steel Lake. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Steel Lake is $89K.
What are the best public schools in Steel Lake?
The best public schools that serve Steel Lake are:
  • Federal Way High School has a B Niche grade, a student teacher ratio of 21:1 and an average review score of 3.9.
  • Nautilus K-8 School has a B Niche grade, a student teacher ratio of 17:1 and an average review score of 3.0.
  • Sacajawea Middle School has a C Niche grade, a student teacher ratio of 17:1 and an average review score of 3.2.
What are the best private schools in Steel Lake?
The best private schools that serve Steel Lake are:
What are the most popular zip codes in Steel Lake, Federal Way, WA?
The most popular zip codes in Steel Lake, Federal Way, WA include 98003, 98001, 98023, 98002 and 98198.
What are the most popular neighborhoods near Steel Lake, Federal Way, WA?
The most popular neighborhoods near Steel Lake, Federal Way, WA are Federal Way City Center, Mirror Lake, Marine Hills, Redondo-Federal Way and West Campus - Fed Way.
Are home prices dropping in Steel Lake?
Yes, home prices in Steel Lake are down 15% in the last 12 months.

Home Trends in Steel Lake, WA

Housing Trends

Median Sale Price
$585,000
Median Single Family Sale Price
$610,000
Median 2 Bedroom Sale Price
$235,000
Average Price Per Sq Ft
$335
Number of Homes for Sale
5
Last 12 months Home Sales
25
Months of Supply
2.40
Median List Price
$607,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-22%
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