Twin Lakes Homes under $700,000

Welcome to Twin Lakes, a hidden gem nestled in the picturesque landscape of Washington State. Known for its serene atmosphere and vibrant community spirit, Twin Lakes offers residents a perfect blend of natural beauty and suburban convenience. With its charming tree-lined streets, friendly neighbors, and stunning views of the surrounding mountains, this neighborhood is ideal for families, retirees, and anyone seeking a peaceful retreat from the hustle and bustle of city life.

One of the most appealing aspects of Twin Lakes is the availability of homes priced under $700,000. This affordability allows a diverse range of buyers to find their dream home without breaking the bank. From cozy single-family residences to spacious townhouses, the real estate options here cater to various lifestyles and preferences. Many homes feature modern amenities, open floor plans, and beautifully landscaped yards, creating the perfect backdrop for family gatherings and outdoor activities.

Residents of Twin Lakes enjoy easy access to a variety of recreational opportunities. The nearby Twin Lakes Park offers walking trails, picnic areas, and playgrounds, making it a favorite spot for families and outdoor enthusiasts alike. Additionally, the neighborhood is conveniently located near shopping centers, schools, and dining options, ensuring that everything you need is just a short drive away.

In Twin Lakes, you’re not just buying a home; you’re investing in a lifestyle. Experience the warmth of community living, the beauty of nature, and the joy of finding your perfect home—all within this charming neighborhood. Come explore Twin Lakes, where your dream home awaits!

Newest Twin Lakes Homes under $700,000

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 Street Unit #Q5, Federal Way

$125,000

2 Beds ⋅ 1 Baths ⋅ 2586989 MLS ⋅ PENDING - BACKUP OFFER REQUESTED Status

Beautiful condominium complex in the Twin Lakes Golf Course and Dash Point Park. Move-in ready top floor 2 bedroom, 1 bathroom home with generous living space, oversized primary bedroom with walk-in closet, and kitchen with eating space. Newer carpet, stove, and refrigerator. Extra storage available off private deck. Exterior recently painted. Community amenities include pool, athletic court and plenty of open parking. Great location close to shopping, dining, school and near major transit including the light rail and I-5.

4601 SW 320th Street Unit #Q5, Federal Way

Listing Broker: Renton Realty; Stacey Gregersen; ; stacey@rentonrealty.net

31500 33rd Place SW Unit #Q203, Federal Way

$339,500

2 Beds ⋅ 1 Baths ⋅ 2585452 MLS ⋅ ACTIVE Status

Light, bright and wonderfully maintained turnkey condo in the highly desirable Madera West gated community! Rare combination of FHA & VA eligibility, NO RENTAL CAP, and strong reserves! Step inside this private top floor unit and you’ll immediately notice the abundance of natural light, beautiful LVP flooring, and picturesque territorial views off the deck…with no neighboring windows in sight! Functional and spacious, this 2 bedroom layout comes with an oversized bathroom, walk in closets, crown molding, recent interior paint and new full size W/D that stay! No shortage of parking with an included single car garage, additional reserved parking space and several visitor spaces just outside the unit. Renowned for its impressive array of resident ammenities… Madera West offers a luxurious clubhouse with party and game rooms, heated pool, hot tub and fitness center… plus RV parking, sports courts, playground, gardening space, dog run and so much more! Water/Sewer/Garbage included in HOA dues, along with grounds and exterior maintenance, providing exceptional value and cost savings. Recently updated roof, siding and windows for added peace of mind! Unit is positioned near the clubhouse, mailboxes and receptacles for your convenience. So tucked in, yet so close to freeways, Dash Point, the new link light rail and all that Federal Way has to offer! With so many condos having drawbacks, this really is the total package and just the gem you’ve been searching for!

31500 33rd Place SW Unit #Q203, Federal Way

Listing Broker: Better Properties Summit; Daniel Speltz; 253-229-6068; danieljspeltz@gmail.com

$699,900

5 Beds ⋅ 3 Baths ⋅ 2582890 MLS ⋅ ACTIVE Status

Welcome to this spacious 5 bedroom, 2.75 bath split-level home in the desirable Twin Lakes community of Federal Way! The versatile floor plan offers plenty of room to spread out, with multiple living areas and comfortable spaces for everyday living and entertaining. The established neighborhood provides a great sense of community and convenient access to shopping, dining, parks, schools, and major commuter routes. With generous living space and a functional layout, this home offers an excellent opportunity to make it your own. Come see the possibilities this Twin Lakes home has to offer!

4203 SW 328th Street, Federal Way

Listing Broker: Skyline Properties, Inc.; Avinesh Pillay; 206-519-1026; propertyprogroup@hotmail.com

$565,000

3 Beds ⋅ 2 Baths ⋅ 2580419 MLS ⋅ ACTIVE Status

For the first time ever, this one-owner home is ready for its next chapter. Now you have the opportunity to become only the second owner of a home with great roots, tucked into an established neighborhood and situated along the Dash Point greenbelt. This split-level offers a multifunctional layout with plenty of room to live, work, gather and make it your own. Well cared for, refreshed where it matters, spacious, functional, and priced to leave room for the next owner to make it their own. Step outside to a private Trex deck surrounded by greenery, perfect for summer BBQs, morning coffee or simply enjoying the Pacific Northwest setting. The lower level offers even more flexibility with additional living space, a flex room and laundry area. No HOA and approximately one mile from Dash Point, with trails, nature and even blackberry picking just a walk away. Roof and furnace are approximately 10 years old and water heater approximately 8 years old. There are still opportunities for the next owner to update and personalize, and the home has been priced accordingly. A home with history, privacy, potential and a location you can grow into.

32434 49th Avenue SW, Federal Way

Listing Broker: KW Mountains to Sound Realty; Faviola Johnson; 206-743-4566; faviolarealtyllc@gmail.com

$619,950

4 Beds ⋅ 3 Baths ⋅ 2578199 MLS ⋅ ACTIVE Status

First time on the market since 1966! This spacious 4-bed home offers approximately 2,400 SF in desirable Twin Lakes community. Lovingly maintained by the same owners for nearly 6 decades, this special property offers generous living space, privacy, flexibility & a rare opportunity to become the 2nd owner. Extensive built-ins throughout & abundant storage areas provide excellent organization & everyday convenience. Exceptional floor plan features soaring vaulted ceilings in formal living & dining areas, sunroom, kitchen & dining nook, creating an inviting sense of space & natural flow. Upstairs you will find primary suite with 3/4 Bath, 3 additional gerously sized bedrooms & FULL hall bath. The lower level (with just two stairs down) offers exceptional versatility with large family room perfect for entertaining, a spacious office with built-in cabinetry, making this area ideal for guests, multigenerational living, working from home, movie nights, or gatherings & a 1/2 bath & Laundry room. Home is ideally situated on a corner lot near a cul-de-sac, the property offers additional street parking & convenient access to a separate side entry which enters into the lower level. Brand-new roof in 2026, cement-plank siding, double-pane windows, fresh interior paint & new carpet make this home MOVE IN READY. The private yard features mature landscaping, sprinkler system, pond, multiple patios, concrete walkways & outdoor lighting, creating inviting spaces for relaxing &entertaining.

32125 27th Avenue SW, Federal Way

Listing Broker: Renaissance Real Estate LLC; Delinda Jokela; ; jokelateam@gmail.com

$550,000

2 Beds ⋅ 2 Baths ⋅ 2569265 MLS ⋅ ACTIVE Status

LAKE VIEWS THAT SHINE BY DAY AND TWINKLE BY NIGHT! Enjoy over 50 feet of lakefront on Big Twin Lake, with the opportunity to fish right from your own shoreline. Relax and take in the beautiful views of the lake and surrounding mountains from this spacious 2-bedroom, 2-bath home in Sun Mountain Ranch. Easy access and comfortable one-level living make this an ideal full-time residence or weekend retreat. Step onto the covered deck and settle in for morning coffee, afternoon relaxation, or peaceful evenings surrounded by the beauty of the valley. Inside, the generous layout provides plenty of room to relax and entertain, while the double-car garage adds even more versatility with a shop area and upstairs bonus room—ideal for a studio, office, or creative space. RV hookups and high-speed internet make the property both convenient and connected, while the community pool adds another opportunity to enjoy the outdoors. Whether you're searching for a weekend escape, a vacation retreat, or a place to call home, this Sun Mountain Ranch property offers the space, setting, and lifestyle you've been looking for. Call to schedule your private showing today!

7 Quaking Aspen Drive, Winthrop

Listing Broker: Winthrop Star Properties; Patsy Rowland; 509-670-0623; winthropstar@gmail.com

$679,000

4 Beds ⋅ 3 Baths ⋅ 2567595 MLS ⋅ ACTIVE Status

Spacious late-’70s home tucked into the quiet Twin Hills neighborhood of Federal Way! Recent updates include new carpet, fresh interior paint and beautifully refinished oak floors. Generously sized rooms and abundant windows create a light, bright interior with plenty of space for everyday living and entertaining. Enjoy fireplaces on both floors, a deck equipped for a hot tub and mature landscaping that provides a peaceful, established setting. Timeless character, refreshed finishes and room for everyone!

31423 42nd Place SW, Federal Way

Listing Broker: Century 21 Blue Chip; Greg Pubols; 253-227-1100; greg@bluechiprealtyup.com

$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

$699,000

4 Beds ⋅ 3 Baths ⋅ 2563493 MLS ⋅ ACTIVE Status

Golf Course frontage! Light Bright wide open space hard to find large one level 4 bedroom rambler. 2 Primary bed and bath rooms, den/library, formal dinning and living room. Twin Lake community with all of the amenity's. Home well maintained. Roof replaced 2021, water heater 3 old years.

3925 SW 317 th Street, Federal Way

Listing Broker: Better Properties Soundview; Bette Swan; ;

$579,000

3 Beds ⋅ 3 Baths ⋅ 2562789 MLS ⋅ ACTIVE Status

Move-in ready, this 3-bedroom, 2.5-bath Twin Lakes home offers a functional layout enhanced by thoughtful improvements, fresh interior paint, and newer carpet. The open kitchen, dining, and living areas with vaulted ceiling, creates an inviting flow for everyday living and entertaining, while the spacious deck extends the living space outdoors for summer barbecues or a quiet evening outside. Quality finishes include granite countertops throughout the kitchen and baths, soft-close cabinetry, and stainless steel appliances. Significant improvements over the years—including energy efficient windows and sliding doors—provide lasting value and peace of mind. Upstairs, the primary suite features an attached bath, while the lower level offers a versatile bonus room, laundry room, powder room, and sliding glass doors leading to the fully fenced backyard. A well-lit two-car garage and desirable corner lot complete the package. Enjoy nearby parks connected by neighborhood trails, convenient transit options, and easy access to shopping, dining, and commuter routes. A home designed for everyday living.

33266 34th Avenue SW, Federal Way

Listing Broker: Realty One Group Pacifica; Jason Mohr; ;

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