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1806 S 286th Lane #O102, Federal Way, WA, 98003

3beds
2baths
1,062sqft
$295,000
$278price/sqft
$1,888/moest. monthly cost
$75,520/yrincome needed

About This Home

Welcome home to this spacious and affordable 3-bedroom, 2-bath ground-floor condo in the desirable Village at Redondo community. Offering over 1,000 square feet of comfortable living space, this thoughtfully designed home features an open-concept layout that seamlessly connects the living, dining, and kitchen areas, creating the perfect space for everyday living and entertaining.The primary suite offers a private retreat with its own bath, while two additional bedrooms provide flexibility for guests, a home office, or hobbies. Large windows fill the home with natural light, and the convenient ground-floor location offers easy access with no stairs to navigate.Enjoy a low-maintenance lifestyle with community amenities, dedicated parking, and a location that puts you close to everything. Minutes from shopping, dining, schools, parks, and major commuter routes, you'll also love the proximity to Redondo Beach, the waterfront boardwalk, and scenic Puget Sound sunsets.Whether you're a first-time buyer, downsizer, or investor, this home presents an exceptional opportunity to own a move-in-ready property in a convenient Federal Way location. Enjoy the perfect blend of comfort, convenience, and

Getting Around

55
WalkingSomewhat Walkable
41
TransitSome Transit
52
BikeBikeable

Schools

3/10
2/10
Evergreen Middle SchoolGrades 6-81.7 mi
3/10

Construction

Condition

  • Year built: 1990

Materials

  • Roof: Composition
  • Construction materials: Wood Siding

Notable Dates

  • Major remodel year: 2006

Type & Style

  • Home type: Condo
  • Architectural style: Condo (1 Level)
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Microwave,Refrigerator,Stove(s)/Range(s),Washer,Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Washer(s),Water Heater: Electric,Water Heater Location: Closet,Cooking - Electric Hookup,Cooking-Electric,Dryer-Electric
  • Laundry features: Electric Dryer Hookup,Washer Hookup

Bathroom Full

  • Level: Main

Bathroom Three Quarter

  • Level: Main

Bedroom

  • Level: Main

Bedroom

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 3/4 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Dining Room

  • Level: Main

Entry Hall

  • Level: Main

Family Room

  • Level: Main

Features

  • Window features: Insulated Windows,Coverings: blinds
  • Flooring: Ceramic Tile,Vinyl,Carpet
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning,Main Level: 1,Fireplace
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Fireplace,Baseboard,Wall Furnace,Electric
  • Cooling features: None

Interior Area

  • Total structure area: 1,062
  • Total interior livable area: 1,062 sqft

Kitchen Without Eating Space

  • Level: Main

Master Bedroom

  • Level: Main

Utility Room

  • Level: Main

Property

Details

  • Parcel number: 8944441220
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Main
  • Patio & porch: Cooking-Electric,Dryer-Electric,End Unit,Fireplace,Ground Floor,Insulated Windows,Primary Bathroom,Walk-In Closet(s),Washer,Water Heater
  • Spa features: Community

Lot

  • Features: Curbs,Paved,Sidewalk

Parking

  • Parking features: Carport
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Heat Wave

FEMA Declared Disasters in King County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,491$17,892
Home Insurance *$62$744
Property Taxes $186$2,232
Electricity $149$1,793
Total$1,888$22,656
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$64,731/yr
40% on housing$56,640/yr
45% on housing$50,346/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$278This listing

vs Other Active Listings

Avg $/sqft

ZIP 98003$224
King County$442

vs Homes Sold Last Month

Median $/sqft

ZIP 98003$341
King County$485

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-31Listed for sale$295,000
2021-07-30Sold$290,000
2021-07-21Pending sale$289,800
2021-07-19Listed for sale$289,800
2021-07-16Pending sale$289,800
2021-07-14Price change$289,800
2021-06-10Pending sale$282,800
2021-06-01Listed for sale$282,800
2018-11-20Listing removed$159,900
2018-11-14Price change$159,900
2018-10-31Listed for sale$168,900

For Sale by Agent

AgentTrisha Quigley
BrokerageCOMPASS

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