Property Details
28400 16th Avenue S
Federal Way, WA 98003
$849,500
Active
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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.
Property Details
Property Information
Property Type
Residential
Subtype
Single Family Residence
Status
Active
County
King
Neighborhood
Redondo
Listed
Aug 12, 2026
Structure Type
House
Parcel Number
3322049198
Tax & HOA
Annual Property Tax
$8,525 (2026)
Est. Monthly Tax
$710/mo
Interior Features
Bedrooms
4
Bathrooms
4.3
Living Area
3,532 sq ft
Basement
Daylight, Finished
Entry Level
Main
Interior Features
Second Kitchen, Second Primary Bedroom, Bath Off Primary, Dbl Pane/Storm Window, Dining Room, Fireplace, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Water Heater
Exterior & Lot
Lot Size
0.32 sqft
Year Built
1986
Exterior Materials
Wood
Parking
Detached Garage
Sewer
Sewer Connected
Water Source
Public
Lot Features
Corner Lot, Curbs, Paved
Exterior Features
Wood
Community & Access
Directions
GPS friendly
Location
City
Federal Way
County
King
Coordinates
47.34675, -122.31341
Schools
School District
Federal Way
Additional Information
Tax Year
2026
Annual Taxes
$8,525
Possession
Array
Inclusions
Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
Mortgage Calculator
Estimated Monthly Payment
$0
Down Payment
$0
Loan Amount
$0
Provided by Beyond Real Estate, LLC
