**RARE OPPORTUNITY!** The seller’s current mortgage features an incredible **2.875% interest rate that may be assumable, subject to lender approval and buyer qualification!** Welcome home to Madera West, where peaceful surroundings and convenience come together! Overlooking a landscaped, park-like setting with mature trees, greenery, and a walking path, this inviting 2-bedroom, 2-bath condo offers a peaceful retreat while keeping you close to everything. Inside, enjoy a spacious, light-filled layout with fresh paint, brand-new carpet, and crown molding throughout. The open living and dining areas offer plenty of room to entertain or simply unwind. Here’s a big bonus: the community has undergone major improvements, including new roofs, siding, windows, balconies, and more! Parking and storage? You’ve got options! Enjoy your own private garage, parking directly in front, PLUS an additional assigned space. The garage has generous storage space ahead of your vehicle, and there’s a separate dedicated storage room downstairs, too! Even better, this is one of only 20 homes with convenient access through a secondary community gate, making coming and going a breeze. Enjoy beautifully maintained grounds, community amenities, and low HOA dues. Shopping, dining, parks, golf, and commuter routes are all nearby. Whether you’re buying your first home, simplifying, or ready for a change of scenery, come experience Madera West. Your next chapter might just start here!
Property Details
Price:
$339,950
MLS #:
NWM2597624
Status:
Active
Beds:
2
Baths:
2
Type:
Condo
Subtype:
Condominium
Subdivision:
Twin Lakes
Neighborhood:
110dashpointfederalway
Listed Date:
Oct 23, 2026
Finished Sq Ft:
0
Total Sq Ft:
1,056
Lot Size:
1,247,519 sqft / 28.64 acres (approx)
Year Built:
1990
See this Listing
Schools
School District:
Federal Way
Elementary School:
Twin Lakes Elem
Middle School:
Lakota Mid Sch
High School:
Decatur High
Interior
Appliances
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
Bathrooms
1 Full Bathroom, 1 Three Quarter Bathroom
Cooling
None
Fireplaces Total
1
Flooring
Stone, Vinyl Plank, Carpet
Heating
Baseboard, Wall Furnace
Interior Features
Fireplace, Primary Bathroom, Walk-In Closet(s), Water Heater
Levels
Two
Main Level Bathrooms
2
Main Level Bedrooms
2
Exterior
Architectural Style
Contemporary
Community Features
Athletic Court, Club House, Exercise Room, Game/Rec Rm, Gated, Outside Entry, Playground, Pool, RV Parking, Trail(s)
Construction Materials
Cement, See Remarks, Wood
Covered Spaces
1
Exterior Features
Cement/Concrete, See Remarks, Wood, Wood Products
Lot Features
Paved, Sidewalk
Parking Features
Individual Garage, RV Parking
Parking Spots
3
Parking Total
3
Roof
Composition
Security Features
Security Service
View
Territorial
Financial
HOA Fee
$390
HOA Fee Frequency
Monthly
HOA Includes
Common Area Maintenance, Concierge, Earthquake Insurance, Lawn Service, Security, Sewer, Trash, Water
Tax Year
2026
Taxes
$3,730
Map
Community
- Address31500 33rd Place SW #V102 Federal Way WA
- SubdivisionTwin Lakes
- CityFederal Way
- CountyKing
- Zip Code98023
Subdivisions in Federal Way
- Adelaide
- Alderbrook
- Auburn
- Buenna
- Campus Highlands
- Central Federal Way
- Dash Point
- Dumas Bay
- Enchanted Village
- Federal Way
- Jovita
- Lakota
- Laurelwood
- Madrona
- Marine Hills
- Marine View Park
- Milton
- Mirror Lake
- North Lake
- Northshore
- Panther Lake
- Park Trails
- Redondo
- Regency Woods
- Ridgeview
- S Federal Way
- Star Lake
- Steel Lake
- Twin Lakes
- Wedgewood
- West Campus
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 Twin Lakes subdivision, 31500 33rd Place SW #V102 Federal Way WA is a Condo for sale in Federal Way, WA, 98023. It is listed for $339,950 and features 2 beds, 2 baths, and has approximately 1,056 square feet of living space, and was originally constructed in 1990. The current price per square foot is $322. 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#nwm2597624 at 31500 33rd Place SW #V102 in Federal Way, WA, contact your Best in the West agent at 206-351-5550.
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Listing courtesy of eXp RealtyThe 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 5:37:03 pm. © 2026 NWMLS.
31500 33rd Place SW #V102
Federal Way, WA


