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 atmosphere, picturesque landscapes, and a strong sense of community. Twin Lakes offers a perfect blend of suburban tranquility and convenient access to urban amenities, making it an ideal place for families, young professionals, and retirees alike.

One of the standout features of Twin Lakes is its namesake lakes, which provide residents with opportunities for outdoor recreation. Enjoy leisurely strolls along the scenic trails, picnics by the water, or simply soaking in the stunning views that Twin Lakes has to offer. The area is also home to lush parks, playgrounds, and well-maintained green spaces, ensuring that there’s always a spot for relaxation or play.

For those looking to invest in a home without breaking the bank, Twin Lakes offers a variety of options under $300,000. These affordable homes are perfect for first-time buyers or anyone seeking a cozy retreat in a welcoming neighborhood. With a range of styles and sizes, you’re sure to find a residence that suits your needs and budget.

Additionally, Twin Lakes boasts easy access to major highways and public transportation, making commutes to Seattle and Tacoma a breeze. Residents enjoy a wealth of nearby shopping, dining, and entertainment options, ensuring that everything you need is just a stone’s throw away.

Experience the charm of Twin Lakes, where community spirit meets affordability, and discover your dream home in this delightful neighborhood today!

Newest Twin Lakes Homes under $300,000

32110 SW 45th Place Unit ##B-4, Federal Way
$225,000
3 Beds ⋅ 2 Baths ⋅ 2590065 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 SW 45th Place Unit ##B-4, Federal Way

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

4601 SW 320th Street Unit #N-1, Federal Way
$249,000
3 Beds ⋅ 2 Baths ⋅ 2587627 MLS ⋅ ACTIVE Status
Excellent value with NO rental cap, FHA and VA approval, making this a rare opportunity for both homeowners and investors alike. This well-maintained 3-bedroom, 1.5-bath condo features a spacious primary bedroom with an ensuite half bath, and a private patio backing to green space with no neighbors behind. One of the rare 3 bedroom units with an in-unit stackable laundry. Enjoy access to outstanding community amenities including a pool, sport court, walking trails, picnic areas, and playgrounds. Pet-friendly community welcomes cats and dogs under 35 lbs. On-site management, a friendly neighborhood atmosphere, and located across from the Dash Point State Park trailhead and just minutes from Redondo Beach, shopping, dining, schools, and easy I-5 access, this home offers an exceptional blend of comfort, convenience, and lifestyle.

4601 SW 320th Street Unit #N-1, Federal Way

Listing Broker: RE/MAX Integrity; Carol Fisher; 206-931-2911; carolfisher@remax.net

4601 SW 320th St Unit #E4, Federal Way
$219,000
2 Beds ⋅ 1 Baths ⋅ 2560594 MLS ⋅ ACTIVE Status
Seller offering up to $2,500 toward buyer’s allowable closing costs, prepaid expenses, and/or interest-rate buydown, subject to lender approval. 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 #C204, Federal Way
$299,999
2 Beds ⋅ 1 Baths ⋅ 2529641 MLS ⋅ ACTIVE Status
Low Homeowner's Dues! Premier condo community of "Madera West." Nestled in an established neighborhood, Gated & situated next to a lush greenbelt. This top-floor gem features bright, open-concept living spaces & modern kitchen with eat-in bar. Enjoy a cozy wood burning fireplace & serene nature views from your kitchen, living & dining areas. An updated bathroom provides double sinks, full shower/tub combo, built-in shelving and full sized washer & dryer in closet. Both spacious bedrooms offer large walk-in closets. From covered deck, the backyard setting displays a private & peaceful vibe. Also included is one covered parking, storage on balcony & optional RV/Boat parking. The development boasts incredible amenities including a clubhouse with fitness center, hot tub, outdoor pool, sports court, playgrounds, garden in full bloom & dog park. Investors welcome- No Rental Cap, VA & FHA approved. This well kept complex offers new roofs, siding, windows, decks, railings & more- all while the HOA dues remain low! Lovely pathways with a truly inspiring plethora of seasonal flowers, trees and shrubs throughout the neighborhood. Prime location with easy access to all conveniences.

31500 33rd Place SW Unit #C204, Federal Way

Listing Broker: CENTURY 21 North Homes Realty; Kyle A Steppe; 253-332-7900; kylesteppe@comcast.net

31500 33rd Place SW Unit #G202, Federal Way
$294,950
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 a 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, and up to two pets are welcome. HOA dues include water, sewer, and garbage, along with access to outstanding 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.

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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