The effect of heat treatment of welded joints made of steel 321 on corrosion resistance, phase composition, residual stresses, and distribution of alloying elements was studied using optical microscope (OM) and scanning electron microscope (SEM), electron dispersive spectroscopy (EDS), X-ray diffraction (XRD), and intergranular corrosion testing (IGC). Samples previously obtained by the authors using defocused laser beam, which led to the formation of directionally crystallized austenite with lathy and skeletal δ-ferrite, were investigated. Based on X-ray diffraction studies in the base metal, the maximum number of peaks of various phases was presented, which decreased after exposure to the heating effect of the welding process and subsequent heat treatment. The distribution of alloying elements, in particular, Ti and Si, was significantly affected by heat treatment depending on the regimes. A spot chemical analysis showed that the nickel content differs in δ-ferrite and austenite by 1.5%-2% whereas the chromium content in these phases is not significantly different. Tests have shown that all samples have high resistance to intergranular corrosion, which can be explained by the insufficient dissolution of titanium carbides in austenite and the absence of chromium carbides formation along austenite grain boundaries, due to high cooling rates when welding by a defocused laser beam, and as a result, the high δ-ferrite content in which chromium dissolves.