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Twin Lakes

Twin Lakes

Neighborhood in Federal Way, Washington

King County 98023

$620,633 Average Value
$335 Average Price per Sq Ft
25 Homes For Sale

Shoreline sanctuary in the suburbs

Twin Lakes, named for Lake Lorene and Lake Jeane, started as a planned community in the 1960s and is now a shoreline sanctuary with views of the Puget Sound and the Olympic Mountains. With rainforest hikes, beaches and a country club, Twin Lakes offers high-class recreation in suburban Federal Way, a town between Seattle and Tacoma. “There are some older waterfront homes here,” says Avinesh Pillay, Real Estate Broker with Skyline Properties, Inc., with over seven years of experience. “People who buy property can go hiking, swimming and boating on the lake. It’s a desirable place to be.”
Casting a line from the shore at Dash Point Park & Pier near Twin Lakes WA.
Casting a line from the shore at Dash Point Park & Pier near Twin Lakes WA.
Local feeds the birds at Dash Point State Park, minutes from Twin Lakes WA.
Local feeds the birds at Dash Point State Park, minutes from Twin Lakes WA.
Twin Lakes neighborhood intertwines with the TLGC allowing golfers to drive around the NH.
Twin Lakes neighborhood intertwines with the TLGC allowing golfers to drive around the NH.
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Waterfront homes on the bay or Lake Jeane

Waterfront homes overlook the blue Dumas Bay, and lakefront communities surround Lake Lorene and Lake Jeane. "People love the 5-minute drive to the waterfront," Pillay says. "Many families work from home, and there are a lot of different education options." Residential streets with cul-de-sacs climb and descend upon the hilly landscape. Twin Lakes primarily includes split-levels and raised ranch-style homes with finished basements or second-story additions. Some have garages as well. Home prices typically range from $400,000 to $750,000. Traditional homes go for $710,000 to $1 million, and housing prices vary depending on proximity to the waterfront. "A new population is moving to the neighborhood," Pillay says. "People are looking to do business in the area, and more houses are being built there." Most condos cost between $200,000 and $400,000, but prices can rise up to $650,000 for a unit in the gated 55-plus community of The Palisades At Dash Point.
Dash Point Park & Pier offers a quiet place for residents of Twin Lakes WA.
Dash Point Park & Pier offers a quiet place for residents of Twin Lakes WA.
Dash Point Park & Pier has some of the most stunning homes along the coast near Twin Lakes WA.
Dash Point Park & Pier has some of the most stunning homes along the coast near Twin Lakes WA.
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Coastal parks and rainforest hikes

Some lakefront communities within Twin Lakes have private parks for residents, which often include paved loops and unobstructed views of the water. A creek flows from Lake Jeane to the Twin Lakes Golf and Country Club, which has an 18-hole course with breathtaking views of the sound. The club also has a restaurant and a pool. Aside from the water recreation, Twin Lakes is home to many public parks and nature reserves. The trail at Olympic View Park passes a playground and continues through an old-growth forest. Palisades Park has a basketball court and picnic tables by a toddler playground. For more picnics and playgrounds, there’s Coronado Park and Alderdale Park. Wildlife resides at the Dumas Bay Sanctuary, a reserve for eagles and ospreys. Dash Point Highlands Park provides hiking on the edge of Dash Point State Park, which includes 461 acres of trails and campgrounds. The state park also has a sandy beach spanning 3,000 feet where visitors can kayak or skimboard in the shallow water of Puget Sound.
Sailing is a common sight to see along the coast of Dash Point State Park.
Sailing is a common sight to see along the coast of Dash Point State Park.
Kids play tag at the Olympic View Park in Twin Lakes WA.
Kids play tag at the Olympic View Park in Twin Lakes WA.
Dash Point offers historical information for the public near Twin Lakes WA.
Dash Point offers historical information for the public near Twin Lakes WA.
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Shopping and dining at Twin Lakes Village

Twin Lakes has access to several retail centers, including Twin Lakes Village, a shopping area with supermarkets and restaurants. This area makes up just one quadrant of the 21st Avenue and Campus Drive intersection, which is full of commercial activity. Also nearby, Asensio is a coffee shop serving breakfast sandwiches in a cozy atmosphere with outdoor seating. Puerto Vallarta is another casual restaurant with Mexican cuisine, dim lighting and plenty of seating. For groceries, Safeway is on 336th Street, and Twin Lakes Grocery is a family-owned convenience store with groceries and an extensive wine selection on 320th Street.
Stop by Asensio Coffee offers a perfect spot to get work done in the Twin Lakes area.
Stop by Asensio Coffee offers a perfect spot to get work done in the Twin Lakes area.
Looking for outdoor seating for a quick coffee? Stop by Asensio Coffee in the Twin Lakes area.
Looking for outdoor seating for a quick coffee? Stop by Asensio Coffee in the Twin Lakes area.
Twin Lakes Grocery Store is the go to for locals in Twin Lakes WA.
Twin Lakes Grocery Store is the go to for locals in Twin Lakes WA.
Twin Lakes Village Shopping Mall has an expansive selection for residents of the Twin Lakes area
Twin Lakes Village Shopping Mall has an expansive selection for residents of the Twin Lakes area
Puerto Vallarta offers top notch Mexican food in the Twin Lakes area.
Puerto Vallarta offers top notch Mexican food in the Twin Lakes area.
Emerald City Smoothie has a new location in the Twin Lake Village Shopping Mall in Federal Way.
Emerald City Smoothie has a new location in the Twin Lake Village Shopping Mall in Federal Way.
Asensio Coffee is highly rated in the Twin Lakes area.
Asensio Coffee is highly rated in the Twin Lakes area.
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Gardening at Lakota Middle

Federal Way Public Schools serves over 21,000 students in the area. Twin Lakes Elementary School earns a B grade from Niche. Lakota Middle School maintains a C-plus, and it has a community garden that students can apply to tend. Decatur High School receives a B-minus and has a Running Start program through which students can earn college credit before graduating.
Bright murals greet students at Twin Lakes Elementary School in Federal Way, WA.
Bright murals greet students at Twin Lakes Elementary School in Federal Way, WA.
A view of the tree-lined entrance to Lakota High School in Federal Way, WA.
A view of the tree-lined entrance to Lakota High School in Federal Way, WA.
Decatur High School serves students in Federal Way, WA.
Decatur High School serves students in Federal Way, WA.
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Between Tacoma and Seattle

Twin Lakes is a car-dependent neighborhood with public transportation through Sound Transit (ST Express), which offers bus stops along 320th Street, a main thoroughfare. State Route 509 is an easy route south that avoids the interstate, and Tacoma is around 11 miles away. 320th Street heads to the city center of Federal Way, about 5 miles east. Interstate 5 cuts through Federal Way before heading to Seattle, roughly 26 miles north. The Seattle-Tacoma International Airport offers air travel for Federal Way, reaching destinations across the globe.
Twin Lakes was originally founded in 1966 in the Federal Way area.
Twin Lakes was originally founded in 1966 in the Federal Way area.
Plenty of Sound Transit bus stops to choose from in the Twin Lakes area.
Plenty of Sound Transit bus stops to choose from in the Twin Lakes area.
Sound Transit never rests in the Twin Lakes WA area.
Sound Transit never rests in the Twin Lakes WA area.
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Jackson Hardy
Written By
Jackson Hardy
William King
Photography Contributed By
William King
Peter Medawar
Video By
Peter Medawar

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Matthew Gerrish, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Seattle-Tacoma International

31 min drive

Bus

26th Ave SW & SW 320th St

Bus

Hoyt Rd SW & SW 323rd St

Bus

SW 340th St & 35th Ave SW

Bus

Hoyt Rd SW & SW 331st Pl

Bus

SW 320th St & 26th Ave SW

Bus

21st Ave SW & SW 339th St

Bus

39th Ave SW & SW 340th St

Crime and Safety

1 - Low Crime, 10 - High Crime Twin Lakes US
Homicide 3 4
Sexual Assault 3 4
Assault with Weapon 3 4
Robbery 3 4
Burglary 3 4
Motor Vehicle Theft 3 4
Larceny 3 4
Crime Score 3 4

Source: WhatIsMyCrimeRisk.com

Twin Lakes Demographics and Home Trends

Housing Trends

Median List Price
$623,875
Median Sale Price
$609,000
Median Single Family Sale Price
$645,000
Median Townhouse Sale Price
$450,000
Median 2 Bedroom Sale Price
$340,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
213
Median Home Sale Price YoY Change
6%
Average Price Per Sq Ft
$335

Neighborhood Facts

Number of Homes in Neighborhood
6,070
Number of Homes for Sale
25
Median Year Built
1977
Months of Supply
1.40
Average Single Family Home Size Sq Ft
2,006
On par with the national average
1,937
Average Townhouse Size Sq Ft
1,125
Average 2 Bedroom Size Sq Ft
995
Average 1 Bedroom Size Sq Ft
690
Median Lot Size Sq Ft
8,276

Open Houses

  • Saturday, May 10
    12 - 2pm

    4636 SW 314th Place, Federal Way, WA 98023

    $649,950

    • 3 Beds
    • 2.5 Baths
    • 1,950 Sq Ft
    • 4636 SW 314th Place
    • New 1 day ago

    Stop the car—this immaculate home has it all! Step into a bright, open floorplan with a formal living room, oversized windows, and cozy fireplace. The updated kitchen overlooks peaceful green space for perfect indoor-outdoor flow. Upstairs features a renovated primary suite with walk-in closet and 3/4 bath, plus two more bedrooms and a stylish hall bath. A lower-level flex room is ideal for an

    Tamera Camp John L. Scott, Inc.

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  • Friday, May 9
    4am - 6pm

    32603 46th Ct SW, Federal Way, WA 98023

    $569,950

    • 3 Beds
    • 2.5 Baths
    • 2,080 Sq Ft
    • 32603 46th Ct SW
    • New 7 days ago

    Tucked away on a spacious, tree-shaded lot in a beautiful, established neighborhood, this charming two-story home offers comfort, character, and convenience. With three generous bedrooms and two-and-a-half baths, there’s space to live, work, and grow. Natural light fills the open living areas, while the kitchen flows perfectly for entertaining or quiet nights in.Outside, mature landscaping

    Renee Gray John L. Scott, Inc.

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  • Saturday, May 10
    12 - 3pm

    33759 31st Ave SW, Federal Way, WA 98023

    $699,000

    • 4 Beds
    • 2.5 Baths
    • 2,390 Sq Ft
    • 33759 31st Ave SW
    • New 9 days ago

    View this tri-level home, you will find plenty of space for activities. Retreat to the morning sun in the living room, with vaulted ceilings and natural light from clerestory windows that create a perfect ambience in the open floor plan. Enjoy the afternoon warmth on the upper deck. Below, you will find the finished basement with a 2-car garage and combined shop below, a half-bath, and a second

    Emily Maalouf Berkshire Hathaway HS NW

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Matthew Gerrish, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
20,518
Median Age
40
Population Density
7 ppl/acre
Population under 18
23.3%
On par with the national average
23.8%
Population over 65
18%
On par with the national average
19.1%

Finances

Median Household Income
$97,033
Significantly above the national average
$71,702
Average Household Income
$116,942

Education and Workforce

High School Graduates
92.4%
On par with the national average
89.1%
College Graduates
33.4%
Advanced Degrees
10%
On par with the national average
13.3%
% Population in Labor Force
67.4%

Weather

Annual Precipitation
39''
Average Winter Low Temperature
37°F
Average Summer High Temperature
77°F
Annual Snowfall
2''

Area Factors

Somewhat Bikeable

Bike Score®

11 / 100

Car-Dependent

Walk Score®

29 / 100

Some Transit

Transit Score®

26 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Reviews

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Twin Lakes
Matthew Gerrish
Premier Real Estate Partners
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