Listing provided courtesy of Windermere Prof PartnersNWMLSMLS# NWM2478478MLS Provider
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4.33-acre buildable parcel that's virtually turn-key in the highly sought-after Tahoma School District. Much of the upfront work is already done: CAD is complete, the well site is marked, and a 5-bedroom septic design is pending full approval. The lot is mostly wooded with a small grassy clearing on the north end. The planned building site is positioned just south of SE 250th Street with the septic drain field across the road. Electricity is available in the street and neighborhood well depths are around 75 feet. There's some marketable timber on-site to offset development costs. The southern portion of the property features Jenkins Creek and borders Cedar Creek Park, a 130-acre forested preserve with over four miles of trails. Conveniently located just 5 minutes from Maple Valley and approximately 10 minutes from Covington, this property blends privacy, preparedness, and proximity.

Source: NWMLS, MLS#: NWM2478478

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  • Property Type
    Land
  • Lot
    4.38 acres

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  • Median Age
    37
  • Population Density
    541
  • College Educated
    53%
  • Estimated Median Income
    $114,804
  • Estimated Total Home Owners
    10,626
  • Estimated Total Renters
    1,682
  • Owner / Renter Divide
    86% / 14%
  • Estimated Average Household Size
    3
  • Total Population
    36,157
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 20403 SE 248th Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
4/21/2026Source: NWMLS Status Change
Pending
3/23/2026Source: NWMLS Price Reduction
$375,000 -6.2%
2/10/2026Source: NWMLS Added to Database
February 10, 2026