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Listed by Larisa Burich • Skyline Properties, Inc..Some photos are virtually staged
FOR SALE

$799,950

Est. $4,431/mo

5 bd•3 ba•3,921 sq ft

31509 42nd Avenue SW, Federal Way, WA 98023

• Listed Oct 1, 2026•88 days active · 88 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: Skyline Properties, Inc.; Larisa Burich; 206-227-2087; larisab@skylineproperties.com

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Listing Broker: Skyline Properties, Inc.; Larisa Burich; 206-227-2087; larisab@skylineproperties.com

About this home

Welcome to refined living in this stunning 3,921sqft home, ideally situated on a quiet cul-de-sac in the highly desirable Twin Lakes community, just moments from the golf course. Large panoramic windows fill the home with natural light, creating a bright and inviting atmosphere throughout. This thoughtfully designed residence offers exceptional space, modern finishes, and a highly functional open-concept layout with all the essential living amenities on the main level. At the heart of the home is a stunning chef's kitchen showcasing elegant two-tone cabinetry, premium Bespoke smart appliances, quartz countertops, a stylish tile backsplash, and ample space for cooking and entertaining. The main level features a spacious primary suite with a walk-in closet and a beautiful 5-piece en-suite bathroom, along with two additional generously sized bedrooms with walk-in closets, a full bathroom, and a convenient laundry. Upstairs, you'll find a private retreat featuring two oversized bedrooms, a full bathroom, and a versatile open area perfect for your lifestyle demands. Step outside onto the deck to enjoy outdoor dining, entertaining, or simply relaxing in the peaceful setting of the landscaped yard with built-in sprinkler system. Conveniently located just minutes from Twin Lakes Golf & Country Club, parks, shopping, dining, and commuter routes, this exceptional home combines luxury, comfort, and prime location.

Property type
Single Family
Year built
1970
Interior
3,921 sq ft
Lot size
0.249 acres
Parking
2-car garage
Price / sq ft
$204
HeatingForced Air
CoolingNone
Property taxes$7,531/yr (est.)
HOA dues$126 / quarter ($42/mo)
School districtFederal Way

Listed by Larisa Burich • Skyline Properties, Inc.

Listing updated: October 5, 2026 at 02:14pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2590187

Around this home

RexMont OfferEdge™

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31509 42nd Avenue SW, Federal Way, WA 98023

List price
$799,950
Down payment
$159,990

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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

  • Bath Off Primary
  • Dbl Pane/Storm Window
  • Dining Room
  • Fireplace
  • French Doors
  • High Tech Cabling
  • Pantry
  • Sprinkler System
  • Walk-In Closet(s)
  • Fireplace (electric)

Kitchen

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

Bedrooms

  • 5 bedrooms total
  • 3 on the main level
  • 2 upstairs

Bathrooms

  • 3 full bathrooms
  • 2 on the main level

Layout

  • 1 1/2 Story
  • 3,921 sq ft finished
  • 440 sq ft garage

Flooring

  • Ceramic Tile
  • Laminate
  • Carpet

Heating & cooling

  • Forced Air heating
  • None cooling

Single-family home facts

As entered by the listing broker on Northwest MLS

Lot & site

Topography
Partial Slope

Systems

Energy source
Electric,Natural Gas
Power production
Electric, Natural Gas
Power company
PSE
Water company
Tacoma Public Utilities
Sewer company
Lakehaven
Gas company
PSE
Garbage service
Waste Management
Irrigation water rights
No

Rooms & extras

Fireplaces on main
1

New construction

Square footage source
Appraisal
Lot size source
Public Records

Manufactured home

Land lease
No

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

Federal Way School District

Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.

Sales & Tax Records for 31509 42nd Avenue SW

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. Oct 1, 2026
    Listed
    NWMLS via MLS Grid · #2590187
    $799,950
    $204/sq ft
  2. Mar 25, 2026
    Sold
    NWMLS via MLS Grid · #2478393
    $597,000
    $152/sq ft
  3. Mar 13, 2026
    Pending
    NWMLS via MLS Grid · #2478393
    $629,000
    $160/sq ft
  4. Feb 11, 2026
    Listed
    NWMLS via MLS Grid · #2478393
    $629,000
    $160/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

$5,301 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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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: Skyline Properties, Inc.; Larisa Burich; 206-227-2087; larisab@skylineproperties.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: 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.

Recent sales nearby

Within 1 mile · last 6 months
  • $825,000 Sold

    1 week ago

    4 bd•3 ba•~2,970 sq ft•Single Family

    5201 SW 318th Court, Federal Way, WA 98023

    5%

    Under list

    69

    Days on market

    0.6 mi

    Distance

  • $616,000 Sold

    1 week ago

    4 bd•1.75 ba•~1,860 sq ft•Single Family

    4911 SW 324th Place, Federal Way, WA 98023

    1%

    Over list

    41

    Days on market

    0.7 mi

    Distance

  • $530,000 Sold

    1 week ago

    4 bd•1.75 ba•~1,660 sq ft•Single Family

    32715 30th Avenue SW, Federal Way, WA 98023

    1%

    Over list

    34

    Days on market

    1.0 mi

    Distance

  • $930,000 Sold

    6 weeks ago

    4 bd•2.75 ba•~3,000 sq ft•Single Family

    31324 43rd Place SW, Federal Way, WA 98023

    0%

    Over list

    36

    Days on market

    0.2 mi

    Distance

  • $1,240,000 Sold

    6 weeks ago

    6 bd•3.5 ba•~4,590 sq ft•Single Family

    30809 36TH Court SW, Federal Way, WA 98023

    1%

    Under list

    98

    Days on market

    0.6 mi

    Distance

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

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Market data from MLS GRID / NWMLS · Updated Oct 2026

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of October 5, 2026 at 02:14pm (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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