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JRJeff ReynoldsCompass · Seattle

Listed by Jerome Walters, Tribeca NW Real Estate

4
Bedrooms
5
Bathrooms
3,532
Square feet
$241
Per sq ft
Single Family Residence
Type
1986
Year built
13,939 sq ft
Lot
46
Days on market

About this property

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.

Location & commute

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Directions

Property details

Listing details

Listing number
#2565984
Listed
August 12, 2026
Days on market
46
Price per sq ft
$241

Unit & building

Unit levels
Two

Parking

Parking
Detached Garage
Covered spaces
2
Total spaces
2

Construction

Year built
1986
Style
12 - 2 Story
Structure
House
Roof
Composition

Heating & cooling

Heating
Forced AirHeat PumpWall Furnace
Cooling
Central AirForced Air
Energy source
ElectricWood

Interior features

Features
Second KitchenSecond Primary BedroomBath Off PrimaryDbl Pane/Storm WindowDining RoomFireplaceSkylight(s)Vaulted Ceiling(s)Walk-In Closet(s)Water Heater
Fireplaces
1
Fireplace type
Wood Burning

Flooring

Flooring
Ceramic TileHardwoodVinyl PlankCarpet

Appliances

Appliances
DishwasherDryerMicrowaveRefrigeratorStove(s)/Range(s)Washer

Lot

Lot features
Corner LotCurbsPaved
Lot size
13,939 sq ft

Terms

Terms offered
CashConventionalFHAVA Loan

Utilities

Water
Public
Sewer
Sewer Connected

Schools

District
Federal Way

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • Two
  • Detached Garage
  • House
  • Composition
  • Forced Air
  • Heat Pump
  • Wall Furnace
  • Central Air
  • Electric
  • Wood
  • Second Kitchen
  • Second Primary Bedroom

Listing history

  1. Listed

    $849,500

    August 12, 2026

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$4,947

Principal & interest
$4,296
Property tax (est.)
$651

Assumes $169,900 down (20%), a $679,600 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of September 27, 2026 at 7:45 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.