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!
Property Details
Price:
$339,500
MLS #:
NWM2585452
Status:
Active
Beds:
2
Baths:
1
Type:
Condo
Subtype:
Condominium
Subdivision:
Twin Lakes
Neighborhood:
110dashpointfederalway
Listed Date:
Sep 22, 2026
Finished Sq Ft:
0
Total Sq Ft:
1,000
Year Built:
1990
See this Listing
Schools
School District:
Federal Way
Elementary School:
Buyer To Verify
Middle School:
Buyer To Verify
High School:
Decatur High
Interior
Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
Bathrooms
1 Full Bathroom
Cooling
None
Fireplaces Total
1
Flooring
Vinyl, Vinyl Plank
Heating
Baseboard, Wall Furnace
Interior Features
Cooking-Electric, Dryer-Electric, Fireplace, Top Floor, Walk-In Closet(s), Washer
Laundry Features
Electric Dryer Hookup, Washer Hookup
Levels
One
Main Level Bathrooms
1
Main Level Bedrooms
2
Exterior
Architectural Style
Contemporary
Community Features
Athletic Court, Cable TV, Club House, Electric Car Charging Station, Exercise Room, Game/Rec Rm, Garden Space, Gated, High Speed Int Avail, Hot Tub, Playground, Pool, RV Parking
Construction Materials
Cement Plank, Wood
Covered Spaces
1
Direction Faces
North
Exterior Features
Cement Planked, Wood, Wood Products
Lot Features
Paved
Parking Features
Individual Garage, RV Parking
Parking Spots
1
Parking Total
1
Roof
Composition
Security Features
Security Gate
View
Territorial
Financial
HOA Fee
$365
HOA Fee Frequency
Monthly
HOA Includes
Common Area Maintenance, Lawn Service, Road Maintenance, Sewer, Trash, Water
Tax Year
2026
Taxes
$3,668
Map
Community
- Address31500 33rd Place SW #Q203 Federal Way WA
- SubdivisionTwin Lakes
- CityFederal Way
- CountyKing
- Zip Code98023
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 23, 2026
85
Condo Listed
90
Avg DOM
293
Avg $ / SqFt
$288,783
Avg List Price
Property Summary
- Located in the Twin Lakes subdivision, 31500 33rd Place SW #Q203 Federal Way WA is a Condo for sale in Federal Way, WA, 98023. It is listed for $339,500 and features 2 beds, 1 baths, and has approximately 1,000 square feet of living space, and was originally constructed in 1990. The current price per square foot is $340. The average price per square foot for Condo listings in Federal Way is $293. The average listing price for Condo in Federal Way is $288,783. To schedule a showing of MLS#nwm2585452 at 31500 33rd Place SW #Q203 in Federal Way, WA, contact your Best in the West agent at 206-351-5550.
Similar Listings Nearby
Listing courtesy of Better Properties SummitThe 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-23-2026 2:23:14 pm. © 2026 NWMLS.
31500 33rd Place SW #Q203
Federal Way, WA


