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$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.

$539,950
4 Beds 3 Baths 2560930 MLS ACTIVE Status
This beautifully updated townhome in Quail Run offers a rare main-floor primary suite along with access to exceptional community amenities, including a clubhouse, pool, sauna, and tennis courts. A private courtyard at the entry provides a perfect space for morning coffee or relaxing afternoons. Inside, the home features soaring cathedral ceilings and a stunning floor-to-ceiling ledgestone fireplace, creating a warm and inviting atmosphere. The updated kitchen showcases brand-new soft close cabinetry with trolly for smaller appliances, stainless steel appliances, Pot filler and decorative tile, complemented by gleaming hardwood floors throughout the main level. The fully finished lower level includes a spacious media/family room, tiled laundry area, and an additional finished room ideal for crafts or flex space. Two additional bedrooms are located downstairs, one could be a home office including one with a private patio and a cozy second fireplace, offering a perfect retreat. Additional upgrades include updated bathrooms, new windows, new flooring and carpet, a new furnace and water heater, a new deck, and all-new plumbing and electrical systems, along with a large two-car garage featuring loft storage.

3213 SW 319th Place Unit #19, Federal Way

Listing courtesy of Windermere Prof Partners.

$775,000
3 Beds 3 Baths 2556078 MLS ACTIVE Status
Welcome to this beautifully maintained rambler nestled on a quiet cul-de-sac just minutes from Redondo Beach. Designed for easy living and effortless entertaining, this inviting home features vaulted ceilings, an open floor plan, and abundant natural light that fills the spacious living areas. The updated kitchen is sure to impress with quartz countertops, stainless steel appliances, generous workspace, and a seamless connection to the dining and living rooms. The spacious primary suite offers a peaceful retreat with a beautifully remodeled ensuite bath and a walk-in closet. Step outside to discover a true gardener's paradise, where mature landscaping, colorful plantings, and thoughtfully designed outdoor spaces create a private backyard oasis. The covered patio provides the perfect place to enjoy outdoor dining, relax year-round, or gather with friends. Conveniently located near parks, shopping, dining, waterfront attractions, and commuter routes including I-5, this exceptional home combines comfort, style, and an unbeatable location in one of the area's most desirable neighborhoods.

1407 289th Place, Federal Way

Listing courtesy of Redfin.

$775,000
3 Beds 3 Baths 2554789 MLS ACTIVE Status
Welcome to this beautifully maintained rambler nestled on a quiet cul-de-sac just minutes from Redondo Beach. Designed for easy living and effortless entertaining, this inviting home features vaulted ceilings, an open floor plan, and abundant natural light that fills the spacious living areas. The updated kitchen is sure to impress with quartz countertops, stainless steel appliances, generous workspace, and a seamless connection to the dining and living rooms. The spacious primary suite offers a peaceful retreat with a beautifully remodeled ensuite bath and a walk-in closet. Step outside to discover a true gardener's paradise, where mature landscaping, colorful plantings, and thoughtfully designed outdoor spaces create a private backyard oasis. The covered patio provides the perfect place to enjoy outdoor dining, relax year-round, or gather with friends. Conveniently located near parks, shopping, dining, waterfront attractions, and commuter routes including I-5, this exceptional home combines comfort, style, and an unbeatable location in one of the area's most desirable neighborhoods.

1407 289th Place, Federal Way

Listing courtesy of Redfin.

$354,950
2 Beds 1 Baths 2504217 MLS ACTIVE Status
Plenty of Smart features throughout adorns this very turn-key top floor unit ready for itss next owner. This unit is a great first home or as an investment. Comes with nice furnishings throughout the home making this an easy sale/easy move for any buyer's situation. Smart features greet you at your doorstep w/electronic smart lock you can operate from your phone as well at the thermostats for heating. Step inside to gorgeous cherry like hard flooring thru out, bath w/smart lighting, dual sinks w/smart faucets & full size W&D. Newer stove, microwave in kitchen w/new lighting over eating bar, dimmers throughout for proper mood lighting, blackout shades & 60" Flatscreen in living room w/electric recliner. 2nd Bedroom fully equipped for projector & screen or use as a regular bedroom. Tie in your Google home to Wi-FI & operate lights, heat, locks with your voice/phoneand much more! Quiet/chill balcony, end unit facing greenbelt has great sunsets. Great amenities from pool, sauna, exercise room with reasonable monthly HOA.

31500 33rd Place SW Unit #D201, Federal Way

Listing courtesy of Kelly Right RE of Seattle LLC.

$1,030,000
4 Beds 3 Baths 2486783 MLS ACTIVE Status
Welcome to this luxurious MainVue home in a well-established neighborhood, featuring over $50,000 in builder upgrades and more than $70,000 in backyard enhancements. Designed for entertaining and everyday comfort, this residence blends open concept living with high-end finishes and thoughtful indoor-outdoor flow. Key Features incudes Open-concept family room, dining area, and kitchen with large sliding doors leading to a covered outdoor living space. Gourmet kitchen with quartz countertops, abundant counter space and storage, and room for casual dining. Upgraded backyard with extensive improvements. Upstairs loft offering flexible space for a media area, home office, or playroom. Central A/C and heating for year-round comfort. Additional highlights that includes elegant finishes and thoughtful builder upgrades throughout.

2873 S 353rd Place, Federal Way

Listing courtesy of Realty ONE Group Orca Gold.

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