Homeownership within reach! Welcome to desirable Twin Lakes! Best value $/sqft with NO HOA dues! Ideal starter, condo upgrade, or investment with EZ financing for first-time buyers (VA/FHA). Spacious sun-filled 4BR home with open floor plan & new wood flooring throughout main level. Well-designed kitchen features oversized L-shaped island & abundant cabinet storage. Main level: 3BR, 1.75ba w/ open living/dining/kitchen. Enjoy a gas fireplace & a covered deck. Lower level: family room with wood fireplace & wet bar, 4th bedroom/flex room, large 3/4 bath & utility. Attached 2-car garage, RV parking, fully fenced yard. Move-in ready with excellent potential for personal touches! Bonus feature: peek-a-boo views of the Sound from the living room.
Active
Listed by:
Steve Q. Lieu,
Windermere Real Estate/East
$640,000
33046 38th Avenue SW, Federal Way, WA 98023
4beds
2,390sqft
Est.:
Single Family Residence
Built in 1978
8,624.88 Square Feet Lot
$-- Zestimate®
$268/sqft
$-- HOA
What's special
Wood fireplaceGas fireplaceOpen floor planWell-designed kitchenCovered deckOversized l-shaped islandNew wood flooring
- 51 days
- on Zillow |
- 564 |
- 30 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: July 17, 2025 at 01:21pm
Listed by:
Steve Q. Lieu,
Windermere Real Estate/East
Source: NWMLS,MLS#: 2386828

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Lower
Bedroom
- Level: Main
Bathroom full
- Level: Main
Bathroom three quarter
- Level: Lower
Bathroom three quarter
- Level: Main
Dining room
- Level: Main
Family room
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Rec room
- Level: Lower
Utility room
- Level: Lower
Heating
- Forced Air, Electric, Natural Gas
Cooling
- None
Appliances
- Included: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Features
- Dining Room
- Flooring: Ceramic Tile, Hardwood
- Windows: Double Pane/Storm Window
- Basement: Daylight,Finished
- Has fireplace: No
- Fireplace features: Gas
Interior area
- Total structure area: 2,390
- Total interior livable area: 2,390 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached Garage, RV Parking
- Attached garage spaces: 2
Features
- Levels: Multi/Split
- Patio & porch: Double Pane/Storm Window, Dining Room, Wet Bar
Lot
- Size: 8,624.88 Square Feet
- Features: Curbs, Paved, Sidewalk, Deck, Fenced-Fully, RV Parking
Details
- Parcel number: 8732130580
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Metal/Vinyl
- Foundation: Slab
- Roof: Composition
Condition
- Good
- Year built: 1978
Utilities & green energy
- Sewer: Sewer Connected
- Water: Public
Community & HOA
Community
- Subdivision: Twin Lakes
Location
- Region: Federal Way
Financial & listing details
- Price per square foot: $268/sqft
- Tax assessed value: $545,000
- Annual tax amount: $2,025
- Date on market: 6/9/2025
- Listing terms: Assumable,Cash Out,Conventional,FHA,USDA Loan,VA Loan
- Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Cumulative days on market: 54 days
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