$ 849,500
-
$849,500
Price -
4
Bed -
5
Bath -
3,532
SqFt
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About the Listing 4986 - 120668
Come and see! Perched among a lush canopy of trees in Federal Way’s coveted Redondo neighborhood, this loaded property offers incredible income potential. Spanning 3,852 square feet, this exceptional property is thoughtfully designed as three completely separate, fully equipped living spaces, making it the ultimate setup to live in one unit and rent the other two, host multi-generational living, or lease all three for maximum investment returns. Every single residence boasts its own private kitchen, dedicated in-unit laundry, and an expansive deck designed to soak in the tranquil treed overlook and coastal air. Inside, the home features two expansive primary residences alongside a charming studio apartment above the two-car garage. The 1,530-square-foot main-level unit and the 1,430-square-foot lower-level unit each offer two bedrooms, two bathrooms, and remarkably spacious living areas. Tucked above the garage, the 572-square-foot apartment captures true canopy views, giving tenants or guests their own secluded haven. All this comes with a detached two-car garage and plenty of extra off-street parking. Minutes from the vibrant Redondo Beach boardwalk and Saltwater State Park trails, this unique retreat combines coastal Northwest living and unmatched financial versatility with major commuter convenience, with its proximity to major commuter routes like I-5 and Route 99, shopping hubs including The Commons at Federal Way, and light rail and bus extensions.
Listing Highlights
Interior Details
- Bedrooms: 4
- Bathrooms: 5 Full
- Appliances:
- Air Cond: Forced Air,Heat Pump
- Heating: Forced Air,Wall Furnace
- Fireplaces: 0
- Floor: Ceramic Tile,Hardwood,Vinyl,Vinyl Plank,Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Corner Lot,Curbs,Paved,Deck,Patio,Zoning: Multi-Family
- Garage Capacity: 2 car
- Parking Spaces: 5
- Zoning: Multi-Family
- Roof: Composition
- Others: Wood,Good
- Sewer: Sewer Connected
Financial Details
- Tax Amount: $710
- Taxes w/Assessments: N/A
- Tax/Property ID: 3322049198
- Tax Year: 2026
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
28400 16th Ave S Federal Way, WA 98003
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