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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 Broker: Northmarq Multifamily, LLC; Steve Fischer; 425-830-2254; sfischer@northmarq.com

$519,950
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 Broker: Windermere Prof Partners; Greg Devey; 253-973-7786; gregdevey@windermere.com

$754,900
3 Beds ⋅ 3 Baths ⋅ 2556078 MLS ⋅ ACTIVE Status
Seller is motivated – Improved Price! $754,900.00, plus a rare assumable loan at 3.375%! Beautifully updated rambler tucked into a quiet cul-de-sac just 1 mile from Redondo Fishing Pier and Beach, with a new waterfront restaurant opening soon. Vaulted ceilings, an open floor plan, and abundant natural light create easy living and relaxed coastal comfort. Fresh interior and exterior paint and brand-new carpet give the home a crisp, move-in-ready feel — perfect for settling in before the holidays. The kitchen features quartz countertops, stainless steel appliances, generous workspace, and seamless flow to the dining and living areas. The primary suite offers a peaceful retreat with a fully remodeled ensuite bath and walk-in closet. A charming Jewel Box half bath adds style and convenience for guests. Step outside to a fully landscaped backyard oasis with mature plantings, privacy fencing, and a new 12×22 covered patio ideal for morning coffee, evening dinners, or year-round outdoor living. Additional updates include a 3-year-old high-efficiency gas furnace, central AC, refreshed bathrooms, and wiring for a home generator. Close to parks, shopping, dining, waterfront attractions, I-5, and the new LINK station at 272nd, this home blends coastal proximity, comfort, and everyday convenience.

1407 289th Place, Federal Way

Listing Broker: Redfin; Graham Raymond Northcott; ;

$754,900
3 Beds ⋅ 3 Baths ⋅ 2554789 MLS ⋅ ACTIVE Status
Seller is motivated – Improved Price! $754,900.00, plus a rare assumable loan at 3.375%! Beautifully updated rambler tucked into a quiet cul-de-sac just 1 mile from Redondo Fishing Pier and Beach, with a new waterfront restaurant opening soon. Vaulted ceilings, an open floor plan, and abundant natural light create easy living and relaxed coastal comfort. Fresh interior and exterior paint and brand-new carpet give the home a crisp, move-in-ready feel — perfect for settling in before the holidays. The kitchen features quartz countertops, stainless steel appliances, generous workspace, and seamless flow to the dining and living areas. The primary suite offers a peaceful retreat with a fully remodeled ensuite bath and walk-in closet. A charming Jewel Box half bath adds style and convenience for guests. Step outside to a fully landscaped backyard oasis with mature plantings, privacy fencing, and a new 12×22 covered patio ideal for morning coffee, evening dinners, or year-round outdoor living. Additional updates include a 3-year-old high-efficiency gas furnace, central AC, refreshed bathrooms, and wiring for a home generator. Close to parks, shopping, dining, waterfront attractions, I-5, and the new LINK station at 272nd, this home blends coastal proximity, comfort, and everyday convenience.

1407 289th Place, Federal Way

Listing Broker: Redfin; Graham Raymond Northcott; ;

$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 Broker: Kelly Right RE of Seattle LLC; Anthony Jacob; ; anthonyjacobsellshomes@outlook.com

$1,020,000
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 Broker: Realty ONE Group Orca Gold; Dai Tran; 206-915-2420; daitranhomes@gmail.com

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