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.
Sold
Listed by: Redfin • Remi Evergreen
Bought with: Kook Je Realty
$625,000
31853 48th Circle SW #16-B, Federal Way, WA 98023
3beds
2,240sqft
Townhouse
Built in 2000
-- sqft lot
$620,300 Zestimate®
$279/sqft
$3,180 Estimated rent
Home value
$620,300
$577,000 - $670,000
$3,180/mo
Zestimate® history
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$4,247/mo
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List your homeWhat's special
Private balconyCozy gas fireplaceSpacious primary suiteLarge walk-in closetVaulted ceilingsMain-level livingCustom built-ins
Zillow last checked:
Listing updated:
Listed by:
Remi Evergreen,
Redfin
Bought with:
Tok C. In, 18911
Kook Je Realty
Source: NWMLS as distributed by MLS GRID,MLS#: 2502502
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Primary bedroom
- Level: Main
Bedroom
- Level: Second
Bedroom
- Level: Second
Bathroom full
- Level: Main
Bathroom full
- Level: Second
Other
- Level: Main
Den office
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Forced Air, Heat Pump, Electric, Natural Gas
Cooling
- Forced Air, Heat Pump
Appliances
- Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s), Cooking - Electric Hookup, Cooking-Electric, Dryer-Electric, Ice Maker
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Flooring: Hardwood, Vinyl, Carpet
- Windows: Insulated Windows
- Has fireplace: No
- Fireplace features: Gas
Interior area
- Total structure area: 2,240
- Total interior livable area: 2,240 sqft
Property
Parking
- Total spaces: 2
- Parking features: Individual Garage
- Has garage: Yes
- Covered spaces: 2
Features
- Levels: Multi/Split
- Entry location: Main
- Patio & porch: Cooking-Electric, Dryer-Electric, Ground Floor, Ice Maker, Insulated Windows, Primary Bathroom, Vaulted Ceiling(s), Walk-In Closet(s), Washer
- Has view: Yes
- View description: Territorial
Lot
- Features: Cul-De-Sac, Paved, Sidewalk
Details
- Parcel number: 6613200220
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Townhouse
- Property subtype: Townhouse
Materials
- Metal/Vinyl
- Roof: Composition
Condition
- Year built: 2000
Utilities & green energy
- Electric: Company: PSE
- Sewer: Company: TPU
- Water: Company: TPU
Green energy
- Energy efficient items: Insulated Windows
Community & HOA
Community
- Features: Age Restriction, Gated
- Senior community: Yes
- Subdivision: Twin Lakes
HOA
- Services included: Common Area Maintenance, Earthquake Insurance, Maintenance Grounds, Road Maintenance
- HOA fee: $465 monthly
- HOA phone: 206-212-2221
Location
- Region: Federal Way
Financial & listing details
- Price per square foot: $279/sqft
- Annual tax amount: $6,885
- Date on market: 6/21/2026
- Cumulative days on market: 7 days
- Listing terms: Conventional
- Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Price history
| Date | Event | Price |
|---|---|---|
| 5/28/2026 | Sold | $625,000-1.6%$279/sqft |
Source:  NWMLS as distributed by MLS GRID #2502502 Report a problem | ||
| 4/15/2026 | Pending sale | $635,000$283/sqft |
Source: NWMLS as distributed by MLS GRID #2502502 Report a problem | ||
| 4/9/2026 | Listed for sale | $635,000-2.3%$283/sqft |
Source: NWMLS as distributed by MLS GRID #2502502 Report a problem | ||
| 1/7/2023 | Listing removed | -- |
Source: John L Scott Real Estate Report a problem | ||
| 9/1/2022 | Price change | $650,000-5.8%$290/sqft |
Source: John L Scott Real Estate #1970654 Report a problem | ||
| 7/21/2022 | Listed for sale | $690,000+95.7%$308/sqft |
Source: John L Scott Real Estate #1970654 Report a problem | ||
| 5/29/2015 | Sold | $352,500$157/sqft |
Source: NWMLS as distributed by MLS GRID #742098 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Twin Lakes
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Nearby schools
GreatSchools rating
- 8/10Twin Lakes Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 5/10Lakota Middle SchoolGrades: 6-8Distance: 1.9 mi
- 4/10Decatur High SchoolGrades: 9-12Distance: 1.2 mi
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Estimated market value
$620,300
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Estimated market value
$620,300
- Washington
- King County
- Federal Way
- 98023
- Twin Lakes
- 31853 48th Circle SW Unit 16-B
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