Welcome home to the gated Trinidad South community in the heart of Federal Way – where comfort, convenience, and location truly come together! This townhome-style condo lives more like a single-family home with a bright, open-concept main floor, spacious great room, and cozy gas fireplace, making it perfect for everyday living and entertaining. Major updates are already done for you: newer deck, windows, slider, and washer & dryer (all just 2 years old). The primary bathroom has been beautifully remodeled, and all appliances stay – this home is totally move-in ready! Step outside to relax on your private deck or enjoy being just minutes from literally everything. You’re close to all kinds of shopping, dining, and entertainment at The Commons at Federal Way, everyday essentials at nearby Costco, Target, Home Depot, Trader Joe’s, plus countless restaurants, coffee shops, and many other services nearby. Commuters will definitely love the easy access to the Federal Way Transit Center and Link Light Rail, connecting you to Seattle, Tacoma, and beyond. Low-maintenance living, smart updates, and a location that puts everything within reach. Primary bedroom has been freshly painted. Priced to sell! Seller is offering $5k toward buyer closing costs!
Property Details
Price:
$299,950
MLS #:
NWM2521262
Status:
Active
Beds:
2
Baths:
2
Type:
Condo
Subtype:
Condominium
Subdivision:
Mirror Lake
Neighborhood:
110dashpointfederalway
Listed Date:
May 13, 2026
Finished Sq Ft:
0
Total Sq Ft:
1,088
Year Built:
1978
See this Listing
Schools
School District:
Federal Way
Elementary School:
Buyer To Verify
Middle School:
Buyer To Verify
High School:
Buyer To Verify
Interior
Appliances
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
Bathrooms
1 Full Bathroom, 1 Half Bathroom
Cooling
None
Fireplaces Total
1
Flooring
Laminate, Vinyl, Carpet
Heating
Baseboard
Interior Features
Cooking-Electric, Dryer-Electric, Fireplace, Ground Floor, Washer, Water Heater
Laundry Features
Electric Dryer Hookup, Washer Hookup
Levels
Two
Main Level Bathrooms
1
Exterior
Community Features
Cable TV, Gated, High Speed Int Avail, Outside Entry
Construction Materials
Metal/Vinyl
Direction Faces
East
Exterior Features
Metal/Vinyl
Lot Features
Paved, Sidewalk
Parking Features
Carport
Roof
Composition
Security Features
Security Gate
View
Territorial
Financial
HOA Fee
$475
HOA Fee Frequency
Monthly
HOA Includes
Common Area Maintenance, Gas, Sewer, Trash, Water
Tax Year
2025
Taxes
$3,245
Map
Community
- Address1040 S 320th Street #5 -5342 Federal Way WA
- SubdivisionMirror Lake
- CityFederal Way
- CountyKing
- Zip Code98003
Subdivisions in Federal Way
- Adelaide
- Alderbrook
- Alderdale
- Buenna
- Campus Estates
- Campus Highlands
- Central Federal Way
- Dash Point
- Dumas Bay
- Enchanted Village
- Federal Way
- Jovita
- Killarney
- Lake Killarney
- Lakota
- Laurelwood
- Madrona
- Marine Hills
- Marine View Park
- Mirror Lake
- North Lake
- Northshore
- Panther Lake
- Redondo
- Regency Woods
- S Federal Way
- Star Lake
- Steel Lake
- Tacoma
- Twin Lakes
- Wedgewood
- West Campus
- West Hill
Market Summary
Current real estate data for Condo in Federal Way as of Oct 28, 2026
81
Condo Listed
95
Avg DOM
292
Avg $ / SqFt
$290,326
Avg List Price
Property Summary
- Located in the Mirror Lake subdivision, 1040 S 320th Street #5 -5342 Federal Way WA is a Condo for sale in Federal Way, WA, 98003. It is listed for $299,950 and features 2 beds, 2 baths, and has approximately 1,088 square feet of living space, and was originally constructed in 1978. The current price per square foot is $276. The average price per square foot for Condo listings in Federal Way is $292. The average listing price for Condo in Federal Way is $290,326. To schedule a showing of MLS#nwm2521262 at 1040 S 320th Street #5 -5342 in Federal Way, WA, contact your Best in the West agent at 206-351-5550.
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Listing courtesy of NextHome South SoundThe database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. This site was last updated Oct-28-2026 6:20:48 am. © 2026 NWMLS.
1040 S 320th Street #5 -5342
Federal Way, WA


