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1 / 41Early Access · First Look
Listed by Mary King • Berkshire Hathaway HS NW.
EARLY ACCESS · FIRST LOOK

$675,000

Est. $3,709/mo

3 bd•2.25 ba•2,010 sq ft

4123 SW 322nd Street, Federal Way, WA 98023

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★★★★★5.0·1,244 Google reviews

Listing Broker: Berkshire Hathaway HS NW; Mary King; 206-579-0214; maryking@bhhsnwre.com

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Listing Broker: Berkshire Hathaway HS NW; Mary King; 206-579-0214; maryking@bhhsnwre.com

About this home

Lakefront living on beautiful Lake Lorene! Enjoy a peaceful backyard, tranquil lake views across to Treasure Island Park, and a desirable location in Federal Way's Twin Lakes community. Step onto the spacious multi-level deck, relax and take in the scenery. A welcoming entry opens to a bright, flowing floor plan with 3 bedrooms and 2.25 baths. The primary bedroom features its own private bath and walk-in closet. Formal living and dining rooms offer space for entertaining, while the comfortable family room is ideal for everyday living. The kitchen includes a breakfast bar, walk-in pantry, and wood laminate flooring. Built in speakers throughout the home! The 2-car garage has convenient pull-down stairs to a large attic with abundant additional storage. Enjoy sought-after community amenities, including golf, country club facilities, sound and lake views, and 24-hour security. This prime location is also near the Redondo Beach and Dash Point waterfront communities, Dash Point State Park, and Puget Sound, with easy access to major highways for commuting. Live in a quiet location yet close to Federal Way's shopping, restaurants, entertainment, parks, and everyday conveniences, as well as the Federal Way Performing Arts Center & Federal Way Commons Mall. Whether sipping morning coffee on the deck or gathering with family and friends, this inviting home offers a wonderful opportunity to enjoy lakefront living and the Twin Lakes lifestyle, with city conveniences just minutes away!

Property type
Single Family
Year built
1976
Interior
2,010 sq ft
Lot size
0.23 acres
Parking
2-car garage
Price / sq ft
$336
HeatingForced Air
CoolingNone
Property taxes$7,563.83/yr (est.)
HOA dues$114 / quarter ($38/mo)
School districtFederal Way

Listed by Mary King • Berkshire Hathaway HS NW

Listing updated: October 24, 2026 at 11:42pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2596371

Around this home

RexMont OfferEdge™

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4123 SW 322nd Street, Federal Way, WA 98023

List price
$675,000
Down payment
$135,000

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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

  • Bath Off Primary
  • Built-In Vacuum
  • Ceiling Fan(s)
  • Dbl Pane/Storm Window
  • Dining Room
  • Fireplace
  • Pantry
  • Security System
  • Walk-In Closet(s)
  • Fireplace (gas)

Kitchen

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

Bedrooms

  • 3 bedrooms total
  • 3 on the main level

Bathrooms

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

Layout

  • 1 Story
  • 2,010 sq ft finished
  • 480 sq ft garage

Flooring

  • Laminate
  • Carpet

Heating & cooling

  • Forced Air heating
  • None cooling

Schools

Ratings via SchoolDigger

Federal Way School District

  • Buyer To Verify
    Public · Grades Elementary
    —
  • Buyer To Verify
    Public · Grades Middle
    —
  • Buyer To Verify
    Public · Grades High
    —

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.

Single-family home facts

As entered by the listing broker on Northwest MLS

Lot & site

Topography
Level
Zoning jurisdiction
City

Systems

Energy source
Electric,Natural Gas
Power production
Electric, Natural Gas
Power company
Puget Sound Energy
Water company
Tacoma Public Utility
Sewer company
Lake Haven
Gas company
Puget Sound Energy
Garbage service
Waste Management
Irrigation water rights
No

Rooms & extras

Bathtubs
1
Showers
2
Fireplaces lower level
1

New construction

Square footage source
Realist
Lot size source
Realist

Manufactured home

Land lease
No

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

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Sales & Tax Records for 4123 SW 322nd Street

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 24, 2026
    Listed
    NWMLS via MLS Grid · #2596371
    $675,000
    $336/sq ft
  2. Feb 28, 2007
    Sold
    NWMLS via MLS Grid · #26199274
    $462,500
    $230/sq ft
  3. Feb 19, 2007
    Pending
    NWMLS via MLS Grid · #26199274
    $469,950
    $234/sq ft
  4. Dec 18, 2006
    Listed
    NWMLS via MLS Grid · #26199274
    $469,950
    $234/sq ft

Down payment assistance

6 programs may be available to provide you with up to $33,750 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

$4,546 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: Berkshire Hathaway HS NW; Mary King; 206-579-0214; maryking@bhhsnwre.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 66 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $654,000 Sold

    3 days ago

    4 bd•2.5 ba•~2,340 sq ft•Single Family

    32912 46th Court SW, Federal Way, WA 98023

    1%

    Under list

    14

    Days on market

    0.5 mi

    Distance

  • $465,000 Sold

    4 days ago

    3 bd•1.5 ba•~1,320 sq ft•Single Family

    2524 SW 325th Place, Federal Way, WA 98023

    7%

    Under list

    105

    Days on market

    1.0 mi

    Distance

  • $650,000 Sold

    1 week ago

    4 bd•2.75 ba•~2,050 sq ft•Single Family

    33205 30th Avenue SW, Federal Way, WA 98023

    0%

    Over list

    62

    Days on market

    0.9 mi

    Distance

  • $585,000 Sold

    2 weeks ago

    3 bd•2.25 ba•~1,560 sq ft•Single Family

    31550 39th Avenue SW, Federal Way, WA 98023

    0%

    Over list

    70

    Days on market

    0.4 mi

    Distance

  • $530,000 Sold

    2 weeks ago

    3 bd•1 ba•~1,290 sq ft•Single Family

    33614 35th Avenue SW, Federal Way, WA 98023

    2%

    Under list

    48

    Days on market

    1.0 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

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 25, 2026 at 3:48 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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