Listing provided courtesy of Windermere Prof PartnersNWMLSas Distributed by MLSGrid- MLS# NWM2478478MLS Provider

20403 SE 248th StreetMaple Valley, WA 98038

Vacant Land · 4.38 Acres
$375,000 Pending

20403 SE 248th Street Overview

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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.

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20403 SE 248th Street Facts & Features

  • Type Vacant Land
  • Lot 4.38 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Tahoma
  • Elementary School: Shadow Lake Elem
  • Middle Or Junior School: Maple View Middle School
  • High School: Tahoma Snr High

Location/Region

  • Country: US
  • County Or Parish: King
  • MLS Area Major: 320 - Black Diamond/Maple Valley
  • Subdivision Name: Maple Valley

Tax Information

  • Tax Annual Amount: $1,541.00
  • Tax Year: 2025

General Information

  • Listing Terms: Cash, Conventional
  • Parcel Number: 2022069050
  • Possible Use: Residential
  • Property Sub Type: Land
  • Property Type: Land
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 0
  • Building Area Units: Square Feet
  • Calculated Square Footage: 0
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Heating: No
  • Living Area: 0
  • Main Level Bathrooms: 0

Exterior

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Adjacent to Public Land, Corner Lot, Dead End Street, Paved
  • Lot Size Acres: 4.3846
  • Lot Size Square Feet: 190994
  • Lot Size Units: Square Feet
  • Property Features: Comm. Grade Timber,Evergreens,Lightly Treed,Partially Cleared,Stream/Creek
  • Road Responsibility: See Remarks
  • Road Surface Type: Gravel,Paved,See Remarks
  • Topography: Level
  • Elevation Units: Feet
  • Water Source: Well Needed

Waterfront/View

  • Waterfront Features: Creek
  • Waterfront: Yes

Building Exterior/Construction

  • Structure Type: None

General Information

  • Carport: No
  • Electric On Property: No
  • Sewer: Not Available
  • Utilities: Electricity Available, Septic Design Applied

20403 SE 248th Street Neighborhood

Community

98038 (Maple Valley) Demographics

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

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

20403 SE 248th Street Monthly Cost

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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.

20403 SE 248th Street Market Data

Based on the last 30 days in this zip code

$899,087
Average List Price
$375
Average Price per Square Foot
48
Properties Sold
49
Average Days on Market
176
Properties for Sale
Calculations provided by Reliance Network

20403 SE 248th Street 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