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Listed by Lori DeVore • Realogics Sotheby's Int'l Rlty.
FOR SALE

$574,950

Est. $3,185/mo

2 bd•1.75 ba•1,670 sq ft

31831 48th Circle SW #7C, Federal Way, WA 98023

• Listed Sep 29, 2026•20 days active · 20 cumulative

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Listing Broker: Realogics Sotheby's Int'l Rlty; Lori DeVore; 253-332-8354; loridevorere@gmail.com

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Listing Broker: Realogics Sotheby's Int'l Rlty; Lori DeVore; 253-332-8354; loridevorere@gmail.com

About this home

Come home to comfort, connection, and an easier way of living in this inviting cottage-style home nestled within a gated 55+ community. With 1,670 square feet of thoughtfully designed living space, this home offers the room you want and the low-maintenance lifestyle you’ve been looking for. The HOA maintains the exterior of the home and the pristine landscaping. The open-concept living, dining, and kitchen area creates a welcoming heart of the home—perfect for morning coffee, relaxed evenings, and gathering with friends and family. The spacious primary suite feels like a private retreat, featuring a huge walk-in closet and a beautifully updated bath with an oversized tile shower. A second bedroom plus den provides flexibility for guests, an office, hobbies, or whatever suits your lifestyle. Enjoy added peace of mind with a new furnace, new air conditioning unit, and new water heater—all replaced in 2026. A convenient 2-car garage adds storage and everyday functionality, giving you more time to enjoy the things that matter. Step outside the home and into a community designed for convenient, comfortable living. Parks, cafés, restaurants, shopping, quality medical care, and libraries are all nearby. With Sea-Tac Airport approximately 20 minutes away, travel and visiting friends and family are convenient, too. This is more than a home—it’s an opportunity to simplify, settle in, and enjoy the next chapter of life in a welcoming community surrounded by the conveniences you value.

Property type
Condo
Year built
2000
Interior
1,670 sq ft
Lot size
Not listed
Parking
2-car garage
Price / sq ft
$344
HeatingForced Air
CoolingCentral Air, Forced Air
Property taxes$5,958/yr (est.)
HOA dues$450/mo
School districtFederal Way

Listed by Lori DeVore • Realogics Sotheby's Int'l Rlty

Listing updated: September 30, 2026 at 05:02am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2588591

Around this home

RexMont OfferEdge™

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31831 48th Circle SW #7C, Federal Way, WA 98023

List price
$574,950
Down payment
$114,990

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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
  • End Unit
  • Fireplace
  • Ground Floor
  • Ice Maker
  • Insulated Windows
  • Primary Bathroom
  • Skylight(s)
  • Walk-In Closet(s)
  • Water Heater
  • Fireplace (gas)

Kitchen

  • Dishwasher
  • Disposal
  • Dryer
  • Microwave
  • Refrigerator
  • Washer

Bedrooms

  • 2 bedrooms total
  • 2 on the main level

Bathrooms

  • 1 full bathroom
  • 1 three-quarter bathroom (shower, no tub)
  • 1.75 bathrooms total (NWMLS count)
  • 2 on the main level

Layout

  • Condo (1 Level)
  • Remodeled / updated: true

Flooring

  • Ceramic Tile
  • Hardwood
  • Vinyl
  • Carpet

Heating & cooling

  • Forced Air heating
  • Central Air cooling
  • Forced Air cooling

Schools

Ratings via SchoolDigger

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.

Condominium facts

As entered by the listing broker on Northwest MLS

Building & HOA

Building
Palisades at Dash Point
Floor of unit
1
Units in building
2
Stories in building
1
FHA-approved project
No
Common interest community
No
HOA dues
$450
Dues frequency
Monthly
Dues include
Common Area Maintenance, Earthquake Insurance, Lawn Service, Road Maintenance
Special assessment
false
Other dues or fees
No
Association contact
Christina Horton
First right of refusal
No

Rules

Short-term rentals allowed
No
Pets
Cats OK, Dogs OK
55+ community
Yes

Unit

Unit features
End Unit,Ground Floor,Insulated Windows,Primary Bath,Skylights,Walk-in Closet
Common property features
Age Restriction,Cable TV,Garden Space,Gated Entry,High Speed Int Avail,Security Gate
Entry location
Main

Systems

Energy source
Electric,Natural Gas
Power production
Electric, Natural Gas
Water heater
Gas
Water heater location
Garage
Power company
Puget Sound Energy
Water company
Tacoma
Sewer company
Lakehaven
Gas company
Puget Sound Energy
Garbage service
Waste Management
Irrigation water rights
No
Internet connected
Xfininty
Cable connected
Comcast

Green & certifications

Energy-efficient features
Insulated Windows

Rooms & extras

Window coverings
Stay
Bathtubs
1
Showers
2
Fireplaces on main
1
Excluded items
No

New construction

Square footage source
Public Records
Lot size source
Public Records
Effective year built source
Public Records

Neighborhood mobility

Doorstep, Pedal & Station Scores

Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.

Ground Truth™

The ground, the slope, the flood zone and the noise at this address

Read from public hazard, flood, terrain and noise maps for this exact home.

Address Insider™

The members' report

Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.

Members

Opens with the report above.

Sales & Tax Records for 31831 48th Circle SW #7C

NWMLS via MLS Grid · King County Assessor

Every listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.

  1. Sep 29, 2026
    Listed
    NWMLS via MLS Grid · #2588591
    $574,950
    $344/sq ft

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.

Northwest MLS lists this home as eligible for down payment assistance programs

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

$4,276 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: Realogics Sotheby's Int'l Rlty; Lori DeVore; 253-332-8354; loridevorere@gmail.com

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: Homes typically sell with one offer near asking price.

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

  • Time on market: The average home goes pending in around 61 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $112,000 Sold

    1 week ago

    2 bd•1 ba•Condo

    4601 SW 320th Street #Q5, Federal Way, WA 98023

    10%

    Under list

    15

    Days on market

    0.2 mi

    Distance

Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.

Want a deeper read on this market?

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Market data from MLS GRID / NWMLS · Updated Oct 2026

Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of October 19, 2026 at 3:30 PM PT (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.

Some IDX listings have been excluded from this website.

© 2026 Northwest Multiple Listing Service. All rights reserved.

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