Rockhood
$849,500List price
4 bed · 5 bath · 3,532 sq ft
Active

28400 16th Avenue S · Federal Way, WA 98003

Source: NWMLS · Tribeca NW Real Estate · Jerome Walters #NWM2565984

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.

Location

Basics

Property type
Single Family Residence
Style
Traditional
Stories
2 stories
Condition
Good
Year built
1986
Lot size
13,939 sq ft (0.32 acres)
County
King
MLS #
NWM2565984

Interior

Heating
Forced Air, Heat Pump, Wall Furnace
Cooling
Central Air, Forced Air
Flooring
Ceramic Tile, Hardwood, Vinyl Plank, Carpet
Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
Fireplace
1 · Wood Burning
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
Entry level
Main

Exterior & lot

Exterior features
Wood
Roof
Composition
Foundation
Poured Concrete
Lot features
Corner Lot, Curbs, Paved
Topography
Level,Sloped
Waterfront
No

Parking

Parking spaces
2
Garage
Yes
Covered spaces
2
Parking features
Detached Garage

Utilities

Water
Public
Sewer
Sewer Connected
Power
Electric, Wood

Community & fees

Subdivision
Redondo
Property tax
$8,525 (2026)

Transaction

Listed on
Aug 12, 2026
Days on market
39
Price per sq ft
$241
Listing terms
Cash, Conventional, FHA, VA Loan
Possession
Closing

More homes nearby

Sale history

Earlier listings of this home on the MLS.

2026-08-12
Active$849,500
2024-12-04
Sold$790,000
2024-12-04
Sold$790,000
2004-03-10
Sold$263,000

Schools

School district: Federal Way

High
Federal Way High School
SchoolDigger 1 star · Top 84% in WA

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Listing provided courtesy of: Tribeca NW Real Estate

Listing agent: Jerome Walters.

Based on information submitted to the MLS GRID as of . 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. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Data last updated 2026-08-18.