Why Live in Twin Lakes
Twin Lakes in Federal Way is a shoreline neighborhood that offers scenic views of Puget Sound and the Olympic Mountains. Established in the 1960s as a planned community, it now features a variety of recreational activities including rainforest hikes, beaches, and a country club. The area is home to seven public parks, such as Olympic View Park with its old-growth rainforest trail, and Dash Point State Park, which offers 461 acres for hiking, biking, and a sandy beach for kayaking and skimboarding. Dumas Bay provides opportunities for coastal exploration and wildlife viewing. The Twin Lakes Golf and Country Club includes an 18-hole course, a restaurant, and a pool.
Residential streets in Twin Lakes are characterized by split-level, Traditional, and raised ranch-style homes, many of which offer views of Dumas Bay or are situated by Lake Loreene or Lake Jean. The neighborhood has access to several retail centers, including Twin Lakes Village, which features supermarkets and restaurants like Ascensio coffee shop and Puerto Vallarta Mexican restaurant.
Twin Lakes is served by Federal Way Public Schools, with Twin Lakes Elementary, Lakota Middle School, and Decatur High School providing education to local students. The neighborhood is car-dependent but has public transportation options through Sound Transit, with bus stops along 320th Street. Major routes include State Route 509 and Interstate 5, making Tacoma about 11 miles away and Seattle roughly 26 miles north. The Seattle-Tacoma International Airport is also accessible for air travel.
Home Trends in Twin Lakes, WA
On average, homes in Twin Lakes, Federal Way sell after 51 days on the market compared to the national average of 70 days. The median sale price for homes in Twin Lakes, Federal Way over the last 12 months is $354,900, down 22% from the median home sale price over the previous 12 months.
Median Sale Price
$354,900
Median Single Family Sale Price
$385,990
Median Townhouse Sale Price
$325,000
Median 2 Bedroom Sale Price
$230,100
Median 1 Bedroom Sale Price
$220,000
Average Price Per Sq Ft
$231
Number of Homes for Sale
36
Last 12 months Home Sales
235
Median List Price
$395,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-22%
