$849,500
Active28400 16th Ave S, Federal Way, WA 98003
Want a look sooner? Enrique can send photos or set up a video walkthrough.
REPORTED FEATURES
Why you might love it
YOUR SEARCH
Why it matched
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TAKE A CLOSER LOOK
Reasons to see it in person
- Listed Aug 12
- Explore the layout of the 13,939 sq ft lot
YOUR NEXT CHAPTER
Be ready when you find the one
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Mortgage Lending Group · Company NMLS 1157983 · Enrique Pelayo Jr. NMLS 131435
THE FACTS
Home details
Interior
- Bedrooms
- 4
- Bathrooms
- 5
- Interior area
- 3,532 sq ft
- Levels
- Two
- Flooring
- Ceramic Tile, Hardwood, Vinyl Plank, Carpet
- Appliances
- Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
Other features
Exterior & lot
- Home type
- House
- Year built
- 1986
- Lot size
- 13,939 sq ft
- Exterior
- Wood
Parking
- Parking spaces
- 2
- Parking features
- Detached Garage
Systems
- Heating
- Forced Air, Heat Pump, Wall Furnace
- Cooling
- Central Air, Forced Air
- Water
- Public
- Sewer
- Sewer Connected
Taxes & HOA
- Annual property tax
- $8,525.24 (2026)
- Monthly HOA
- $0
FROM THE LISTING
About this home
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.
AROUND THE HOME
Nearby places
© OpenStreetMap contributors. Straight-line distances are estimates; routes and opening hours may differ.
MLS SCHOOL INFORMATION
Schools
Federal Way School District
School assignments can change. Confirm with the district before you decide. No ratings or rankings are provided.
CURRENT CITY LISTINGS
Market snapshot
Federal Way
City-wide active listings in our approved IDX feed · 10/12/2026, 9:58:26 PM Pacific.
KEEP EXPLORING
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Built in 1986 · About 40 years old.
™by The Broker Team