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Listed by Rochelle Bauer • HomeSmart Real Estate Assoc.
FOR SALE

$229,999

Est. $1,228/mo

Price reduced $12,001 from the original $242,000 asking price

2 bd•1 ba•785 sq ft

4540 Sw 321st #q1, Federal Way, WA 98023

• Listed May 17, 2026•135 days active · 135 cumulative

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Listing Broker: HomeSmart Real Estate Assoc; Rochelle Bauer; 414-364-7968; thebrokerwhisper@gmail.com

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Listing Broker: HomeSmart Real Estate Assoc; Rochelle Bauer; 414-364-7968; thebrokerwhisper@gmail.com

About this home

Welcome to Maplewood Condominiums in the desirable Dash Point community of Federal Way. Surrounded by towering evergreens & conveniently located betwn Twin Lakes Golf & Country Club & Dash Point State Park, this beautifully updated top-floor 2-br, 1b condo offers comfort, style, & easy living in a peaceful setting. Inside, you’ll find 785 sqft of thoughtfully designed living space featuring new vinyl flooring, insulated energy-efficient windows, & a bright open layout. The updatd kitchen includes brand-new stainless steel appliances, including an electric range, refrigerator, and dishwasher, plus a convenient eating space. The fully remodeled bathr showcases modern finishes and stylish upgrades, while the spacious primary br features a custom walk-in closet for exceptional storage & organization. Enjoy the convenience of private outdoor storage, abundant open parking, & access to. well-maintained community amenities including a swimming pool, athletic court, garden space, and beautifully landscaped grounds. HOA dues incl water, sewer, common area maintenance, rd maintenance, snow removal, security services, & more for worry-free ownership. Ideally located just minutes from Dash Point State Park’s trails and beaches, The Commons at Federal Way, shopping, dining, & major commuter routes including I-5 and Highway 18. Easy access to Tacoma, Seattle, and SeaTac Airport.

Property type
Condo
Year built
1977
Interior
785 sq ft
Lot size
11.6284 acres
Parking
Uncovered
Price / sq ft
$293
HeatingBaseboard
CoolingNone
Property taxes$2,794/yr (est.)
HOA dues$530/mo
School districtFederal Way

Listed by Rochelle Bauer • HomeSmart Real Estate Assoc

Listing updated: September 21, 2026 at 06:27am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2525378

Open houses

No upcoming open houses scheduled for this property.

Around this home

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4540 Sw 321st #q1, Federal Way, WA 98023

List price
$229,999
Down payment
$46,000

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Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.

Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.

Property details

Interior features

  • Cooking-Electric
  • Dryer-Electric
  • Ground Floor
  • Washer
  • Water Heater

Kitchen

  • Dishwasher
  • Disposal
  • Dryer
  • Microwave
  • Refrigerator
  • Stove(s)/Range(s)
  • Washer

Bedrooms

  • 2 bedrooms total

Bathrooms

  • 1 full bathroom

Flooring

  • Laminate

Heating & cooling

  • Baseboard heating
  • None cooling

Neighborhood mobility

Walk, bike & transit scores

Source: Walk Score®, Bike Score® and Transit Score® are provided by Walk Score (walkscore.com), a third-party service. This is not Northwest MLS listing data.

Schools

Ratings via SchoolDigger

School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.

Down payment assistance

6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.

Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.

Mortgage payment forecast

$2,048 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

Takes about 5 minutes & won't affect your credit

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Source: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

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Listing Broker: HomeSmart Real Estate Assoc; Rochelle Bauer; 414-364-7968; thebrokerwhisper@gmail.com

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Market pulse

Federal Way is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market
  • Offer insight: Well-priced homes draw multiple offers; others sell close to asking.

  • List to sale price: The average home sells very close to list price.

  • Time on market: The average home goes pending in around 57 days.

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Market data from MLS GRID / NWMLS · Updated Sep 2026

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of September 21, 2026 at 06:27am (date and time MLS GRID Data was obtained). 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.

Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

© 2026 Northwest Multiple Listing Service. All rights reserved.

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