$575,000
Est. $3,070/moPrice reduced $23,000 from the original $598,000 asking price
2 bd•2 ba
31867 48th Circle Sw #14a, Federal Way, WA 98023
• Listed Jun 1, 2026•119 days active · 119 cumulative
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Listing Broker: Realogics Sotheby's Int'l Rlty; Ramona Jones; 206-227-0711; ramona@thejonesgroupre.com
About this home
Fantastic new price in highly desirable Federal Way community. Tucked into the charming gated enclave of Palisades at Dash Point, this immaculately updated rambler offers a private, peaceful sanctuary designed exclusively for active adults 55+. The open-concept great room features spacious living and dining areas anchored by a cozy wood-burning fireplace, flowing seamlessly into a chef’s kitchen designed for effortless entertaining. The oversized primary ensuite serves as a true retreat with a walk-in closet and a luxury 5-piece bath, while a secondary bedroom down a separate hallway enjoys its own dedicated bath for maximum guest privacy. A versatile den off the entry, a spacious laundry room, and a 2-car garage provide the perfect layout, all enhanced by recent updates including brand-new carpet, fresh paint, and modern lighting. Overlooking a protected greenbelt of evergreens and native Pacific Northwest flora, the home offers abundant natural light and serene views from your private deck year-round. An incredible bonus 14'x40' crawlspace with soaring 10' ceilings provides an entire extra floor of easily accessible, massive storage. All this is located just minutes from shopping, dining, walking paths, medical facilities, Dash Point State Park, and the beautiful shores of Puget Sound.
Listed by Ramona Jones • Realogics Sotheby's Int'l Rlty
Listing updated: September 21, 2026 at 09:38am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2533265
Open houses
No upcoming open houses scheduled for this property.
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How much should you offer?
31867 48th Circle Sw #14a, Federal Way, WA 98023
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
- Central Vacuum
- Cooking-Gas
- Dryer-Electric
- Fireplace
- Skylight(s)
- Walk-In Closet(s)
- Fireplace (gas)
Kitchen
- Dishwasher
- Disposal
- Dryer
- Microwave
- Refrigerator
- Stove(s)/Range(s)
- Washer
Bedrooms
- 2 bedrooms total
Bathrooms
- 2 full bathrooms
Flooring
- Hardwood
- See Remarks
- Vinyl
- Carpet
Heating & cooling
- Forced Air heating
- Heat Pump heating
- Central Air 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- Adelaide Elementary SchoolPublic · Grades PK-5 · 2.0 mi · State rank 871 of 1,1382/10
- Angelo Giaudrone Middle SchoolPublic · Grades 6-8 · 7.8 mi · State rank 482 of 5141/10
- Alternative Spcl Needs Div OccPublic · Grades 10-12 · 4.8 mi—
Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries 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
$4,161 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: 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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Market pulse
Federal Way is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
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 59 days.
Want a deeper read on this market?
Ask a RexMont agentMarket 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 09:38am (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.
HO
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