31509 42nd Avenue SW Federal Way WA 98023 MLS #NWM2478393

MLS #NWM2478393 image #0
Listing Provided Courtesy of Better Properties UP/Fircrest
Space Maker available for the first time since 1970. Excellent location in Twin Lakes Community on private cul-de-sac. Rambler-like first floor contains 2,590 sq.ft. of expansive rooms with 3 bedrooms and 2 bathrooms. Framed-in upper floor contains 1,340 square feet of “high ceiling” living area just waiting for your fresh ideas. Step back into this 1970s era home that is waiting for your vision. Perfect remodel prospect to remake as your own. Unfinished upper level has heat, electrical, and plumbing for a full bath! Compare to other homes in the area as this one is priced to sell. All documents to be reviewed and signed by POA.
Current real estate data for Single Family in Federal Way as of Feb 20, 2026
149
Single Family Listed
59
Avg DOM
340
Avg $ / SqFt
$760,781
Avg List Price

Property Details

Price:
$629,000
MLS #:
NWM2478393
Status:
Pending
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Twin Lakes
Neighborhood:
110dashpointfederalway
Listed Date:
Feb 11, 2026
Finished Sq Ft:
2,590
Total Sq Ft:
3,930
Lot Size:
10,848 sqft / 0.25 acres (approx)
Year Built:
1970
Community Club HouseTwin Lakes 05110 – Dash Point/federal Way110dashpointfederalwayTwin LakesFederal WayTwin Lakes ElemLakota Mid SchDecatur HighTerritorial

Schools

School District:
Federal Way
Elementary School:
Twin Lakes Elem
Middle School:
Lakota Mid Sch
High School:
Decatur High

Interior

Bathrooms
1 Full Bathroom, 1 Three Quarter Bathroom
Cooling
Central A/C, Forced Air
Fireplaces Total
1
Heating
Forced Air

Exterior

Community Features
Athletic Court, CCRs, Club House, Golf, Park, Playground
Construction Materials
Brick, Wood
Exterior Features
Brick, Wood, Wood Products
Parking Features
Driveway, Attached Garage, Off Street
Parking Spots
2
Roof
Composition
Security Features
Security Service

Financial

HOA Fee
$111
HOA Frequency
Quarterly
HOA Includes
Common Area Maintenance, Security
Tax Year
2025
Taxes
$6,953

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Property Summary

    Located in the Twin Lakes subdivision, 31509 42nd Avenue SW Federal Way WA is a Single Family for sale in Federal Way, WA, 98023. It is listed for $629,000 and features 3 beds, 2 baths, and has approximately 2,590 square feet of living space, and was originally constructed in 1970. The current price per square foot is $243. The average price per square foot for Single Family listings in Federal Way is $340. The average listing price for Single Family in Federal Way is $760,781. To schedule a showing of MLS#nwm2478393 at 31509 42nd Avenue SW in Federal Way, WA, contact your HomeSmart One Realty agent at 425-218-4178.

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