Twin Lakes Homes under $300,000

Twin Lakes Homes under $300,000

Welcome to Twin Lakes, a hidden gem nestled in the heart of Federal Way, Washington. This charming neighborhood is known for its serene landscapes, friendly atmosphere, and an abundance of recreational opportunities, making it the perfect place to call home. Twin Lakes boasts picturesque views, with lush greenery and tranquil waters that create a peaceful backdrop for everyday living.

One of the standout features of Twin Lakes is its affordability. Here, you can find an array of homes priced under $300,000, offering incredible value for first-time buyers, families, or anyone looking to downsize without compromising on quality of life. These homes often feature spacious layouts, modern amenities, and well-maintained yards, making them ideal for those who appreciate both comfort and charm.

The community is enriched by its proximity to various parks and recreational facilities, including the stunning Twin Lakes Park, where residents can enjoy walking trails, picnic areas, and playgrounds. Additionally, the neighborhood is conveniently located near shopping centers, schools, and major highways, ensuring that everything you need is just a short drive away.

Families will appreciate the highly-rated schools in the area, while outdoor enthusiasts will love the easy access to nearby lakes and hiking trails. With a welcoming community spirit and a variety of amenities, Twin Lakes is a fantastic place to settle down. Discover your perfect home in this delightful neighborhood, where affordability meets quality living in the beautiful Pacific Northwest.

Newest Twin Lakes Homes under $300,000

4520 SW 321st Street Unit #S9, Federal Way
$139,000
1 Beds ⋅ 1 Baths ⋅ 2596204 MLS ⋅ ACTIVE Status
Top floor condo! The kitchen offers white Shaker cabinets, durable vinyl plank flooring and stainless steel appliances . Enjoy the large bedroom with washer and dryer more then enough space to work from home and relax. Step outside to a cozy patio with extra storage! Convenient location, just blocks from Twin Lakes Golf & Country Club and Dash Point Park. Close to shopping, restaurants, schools, bus lines and transit station. No rental cap!

4520 SW 321st Street Unit #S9, Federal Way

Listing Broker: Theory Real Estate; Jessica Vianez; 253-442-3235; jessicavianez@theoryRE.com

32110 45th Place SW Unit #B-4, Federal Way
$189,000
3 Beds ⋅ 2 Baths ⋅ 2594063 MLS ⋅ ACTIVE Status
Opportunity in Maplewood! This 3-bedroom, 1 1/2-bath ground-floor condo is more than livable and ready for a buyer who is willing to put in some TLC. The home primarily needs cleaning, freshening up and cosmetic updates to make it shine. No major renovation is required to enjoy the home while making improvements over time. The 993 sq ft floor plan includes 3 bedrooms, 1 full bath and 1/2 bath, plus washer/dryer hookups. Maplewood offers desirable community amenities including a seasonal swimming pool and sport court. This is a great opportunity for a buyer who wants to build some sweat equity, an investor, or someone looking for an affordable home they can personalize. Seller is highly motivated and selling strictly as-is. Bring your ideas, bring your offer, and make this Maplewood condo your own!

32110 45th Place SW Unit #B-4, Federal Way

Listing Broker: Better Properties Kitsap; Stanley Yeadon; 360-710-8815; justcallmestan@msn.com

4601 SW 320th St Unit #E4, Federal Way
$199,900
2 Beds ⋅ 1 Baths ⋅ 2560594 MLS ⋅ ACTIVE Status
Enjoy the benefits of a desirable first floor corner unit, ideally positioned just steps from the community laundry room. Inside, you'll find thoughtful updates throughout, including fresh paint, new flooring, brand new kitchen appliances, new baseboard heater and thermostat (2026), a newer water heater (2023), an upgraded electrical panel (2022), and energy efficient insulated windows - creating a move in ready home that's as comfortable as it is functional. The corner location fills the living space with natural light, while the spacious primary bedroom features a walk-in closet. Maplewood Condominiums offers beautifully maintained grounds and community amenities, including a seasonal outdoor swimming pool, athletic court, and abundant open parking. HOA dues include water, sewer, garbage, common area and road maintenance, making homeownership simple and low maintenance. Conveniently located near Dash Point State Park, Twin Lakes Golf & Country Club, shopping, dining, and major commuter routes including I-5 and Highway 18, this home offers easy access to everything Federal Way has to offer. Whether you're purchasing your first home, downsizing, or considering a long-term investment, this well-maintained and updated condo is ready to welcome you home. VA approved.

4601 SW 320th St Unit #E4, Federal Way

Listing Broker: Berkshire Hathaway HS NW; Terena Belitz; 425-453-9100; tbelitz@bhhsnw.com

4601 SW 320th Street Unit #R2, Federal Way
$165,000
1 Beds ⋅ 1 Baths ⋅ 2552450 MLS ⋅ ACTIVE Status
Charming first-floor 1 bed / 1 bath condo — warm, move-in ready and full of welcome. The sunny living room opens to a cozy dining area and an updated kitchen (all appliances stay). A roomy, peaceful bedroom and an updated full bath make this a lovely retreat. Step out to your private back patio overlooking a greenbelt — perfect for morning coffee — with extra storage right there. Laundry is just a few steps from your door. Enjoy summer afternoons by the pool or relaxing in the clubhouse. Super walkable and wonderfully convenient — minutes to the airport, on the bus line, close to freeways, shops, restaurants, trails, Puget Sound, golf, parks and schools. No rental cap.

4601 SW 320th Street Unit #R2, Federal Way

Listing Broker: eXp Realty; Jackie E Davis; 206-713-9147; jackie@theavehomegroup.com

31500 33rd Place SW Unit #G202, Federal Way
$287,450
1 Beds ⋅ 1 Baths ⋅ 2498857 MLS ⋅ ACTIVE Status
Move-in ready, no-stairs condo that offers easy-access living in the gated Madera West community. This bright and welcoming home features an open layout, brand-new carpet, and wide hallways throughout. The spacious living room flows seamlessly into the dining area, while the private balcony overlooks a peaceful greenbelt, creating a quiet retreat to relax and unwind. The well-equipped kitchen includes newer appliances. A cozy fireplace, white millwork, and crown molding add warmth and character to the living space. The oversized bedroom offers exceptional flexibility with a walk-in closet and room for a home office, reading nook, exercise area, or additional sleeping space. Enjoy the convenience of a covered entry and assigned covered parking located directly in front of the unit, with additional room for easy loading and unloading. Long-term rentals are allowed (NO CAP), and up to two pets are welcome. Lower HOA dues include water, sewer, & garbage, along with access to community amenities including: a clubhouse, pool, hot tub, fitness center, sports court, playground, dog park, community garden, RV/boat parking, and guest parking. Conveniently located near parks, shopping, dining, I-5, and light rail access. Complex is FHA & VA approved.

31500 33rd Place SW Unit #G202, Federal Way

Listing Broker: John L. Scott, Inc.; Lillian Morrow; 253-219-1161; LillianMorrow@johnlscott.com

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Based on information submitted to the MLS GRID as of . 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.
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