Redondo Homes with Updated/Remodeled Building Condition

Redondo Homes with Updated/Remodeled Building Condition

Welcome to the charming neighborhood of Redondo, nestled in the heart of Des Moines, Washington. This picturesque community offers a perfect blend of coastal beauty and suburban tranquility, making it an ideal place for families, retirees, and everyone in between. With its stunning views of the Puget Sound and the majestic Olympic Mountains, Redondo is a haven for nature lovers and outdoor enthusiasts alike.

One of the standout features of Redondo is its collection of homes that boast updated and remodeled building conditions. You’ll find a variety of architectural styles, from cozy beach cottages to modern family residences, each thoughtfully renovated to meet today’s lifestyle needs. These homes not only offer contemporary amenities but also retain the charm and character that make Redondo so special.

The neighborhood is conveniently located near beautiful parks, sandy beaches, and scenic walking trails, perfect for leisurely strolls or invigorating hikes. Families will appreciate the proximity to highly-rated schools, while local shops and restaurants provide a delightful array of dining and shopping options just a stone's throw away.

Whether you’re enjoying a sunset at the Redondo Boardwalk or hosting a barbecue in your beautifully updated backyard, this community fosters a warm and welcoming atmosphere. With its blend of natural beauty, modern living spaces, and a tight-knit community vibe, Redondo in Des Moines, WA, is not just a place to live; it’s a place to thrive. Come explore your future home in this idyllic neighborhood!

Newest Redondo Homes with Updated/Remodeled Building Condition

$4,950,000
2564976 MLS ⋅ ACTIVE Status
We are pleased to present Redondo Ridge Townhomes, an 18-unit townhome community in Federal Way. Built in 1976, the property offers spacious 2-bedroom, 1.5-bath townhomes averaging 1,010 SF with fireplaces, vaulted ceilings, private patios, and full-size side-by-side washers and dryers. Offered at $4,950,000 ($275,000/unit, $272/SF), the asset delivers a 6.04% in-place cap rate with meaningful upside: current rents average $2,101, roughly 12% below the $2,400 achieved by comparable townhomes, and four unrenovated units offer approximately $500/month of additional income. Capital improvements include a new metal roof (2017), electrical panel upgrades (2018), fresh exterior paint (2026), and 14 of 18 units extensively remodeled with new cabinets, quartz counters, flooring, paint, doors, millwork, and appliances. Located 1.6 miles from the Federal Way Link Light Rail Station with convenient access to employment, shopping, and dining.

30323 15th Court S, Federal Way

Listing courtesy of Northmarq Multifamily, LLC.

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