Property Details
31853 48th Circle SW #16-B, Federal Way, WA 98023
Federal Way, WA 98023
$635,000
Active
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About This Home
Welcome to one of the largest and most versatile floor plans in the sought-after Palisades at Dash Point—a gated, active 55+ community nestled among the trees of Federal Way. The impressive Great Room showcases vaulted ceilings, skylights, a cozy gas fireplace, and custom built-ins, creating a warm yet refined space filled with natural light. Step onto the private balcony and enjoy peaceful views of the surrounding wooded wetlands—an ideal setting for morning coffee or evening relaxation. Designed for effortless main-level living, the home features a spacious primary suite, laundry, and all essential living areas on the main floor—offering comfort and convenience without the need for stairs. The primary retreat includes a soaking tub and a large walk-in closet, providing a perfect place to unwind. Upstairs, a private junior suite with its own ensuite bath and an expansive rooftop deck above the garage offers an exceptional guest experience. An additional bedroom provides flexibility for a home office, hobby space, or den. The lower level adds even more versatility with a partially finished workshop and craft room—ideal for projects, storage, or creative pursuits. Major updates offer peace of mind, including a new roof (2025) and a high-efficiency heat pump (2023) providing year-round heating, cooling, and air filtration. A rare opportunity to enjoy space, comfort, and a tranquil setting—this home truly has it all.
Property Details
Property Information
Property Type
Residential
Subtype
Condominium
Status
Active
County
King
Neighborhood
Twin Lakes
Listed
Apr 9, 2026
Interior Features
Bedrooms
3
Bathrooms
3.0
Half Baths
1
Stories
2
Entry Level
Main
Interior Features
Cooking-Electric, Dryer-Electric, Ground Floor, Ice Maker, Insulated Windows, Primary Bathroom, Vaulted Ceiling(s), Walk-In Closet(s), Washer
Exterior & Lot
Lot Size
0.00 sqft
Year Built
2000
Exterior Materials
Metal/Vinyl
Parking
Individual Garage
Lot Features
Cul-De-Sac, Paved, Sidewalk
Exterior Features
Metal/Vinyl
Location
City
Federal Way
County
King
Coordinates
47.31542, -122.39426
Schools
School District
Federal Way
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
HOA / Association
HOA Fee
$465 / Monthly
HOA Includes
Common Area Maintenance, Earthquake Insurance, Lawn Service, Road Maintenance
Additional Information
Tax Year
2025
Annual Taxes
$6,885
Possession
Array
Community Features
Age Restriction, Gated
Inclusions
Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
Mortgage Calculator
Estimated Monthly Payment
$0
Provided by Beyond Real Estate, LLC
Down Payment Assistance Available
This property may qualify for homebuyer assistance programs
Find out if you’re eligible for down payment assistance programs that could help make this home more affordable. Programs can provide thousands of dollars toward your down payment and closing costs.
Check Your EligibilityBased on information submitted to the MLS GRID as of April 9, 2026 12:15 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
