About this home

Stonewood Apartments is a well-maintained, single-owner complex centrally located within an established residential corridor of Redding, the economic hub of Shasta County. The property consists of 38 units, comprised of 22 one-bedroom, one-bath units and 16 two-bedroom, one-bath units, along with an on-site manager's unit. Additional features include 6 garages, on-site laundry facilities, a community pool, and ample parking for tenants, all contributing to strong tenant appeal and long-term occupancy. The property benefits from convenient access to Highway 44 and Interstate 5, placing tenants within minutes of major employment centers, including healthcare, retail, education, and government services. Nearby amenities such as shopping, dining, schools, and medical facilities support consistent rental demand. With limited new multifamily development in the area and steady occupancy trends, this location offers stable in-place income potential with long-term appreciation upside in one of Northern California's primary regional markets.

Recently sold nearby

8 closed sales in the last 6 months

SOLD
$525,000
$279/sf · 3bd · 2ba · 1,880 sqft
19424 Posey Lane
4.25 mi away1 day ago
SOLD
$150,000
$116/sf · 3bd · 2ba · 1,288 sqft
3347 Santa Rosa Way
4.71 mi away1 day ago
SOLD
$422,000
$245/sf · 3bd · 2ba · 1,722 sqft
5782 Old Barn Way
2.00 mi away2 days ago
SOLD
$320,000
$233/sf · 3bd · 2ba · 1,372 sqft
2109 Penn Drive
1.29 mi away2 days ago
SOLD
$525,000
$276/sf · 3bd · 2ba · 1,903 sqft
1403 Spinnaker Drive
4.73 mi away2 days ago
SOLD
$659,900
$267/sf · 4bd · 2ba · 2,475 sqft
4174 Winter Green Court
3.46 mi away2 days ago
SOLD
$425,000
$283/sf · 3bd · 2ba · 1,501 sqft
3622 Ginny Court
1.11 mi away2 days ago
SOLD
$339,000
$249/sf · 3bd · 2ba · 1,363 sqft
4550 Placer Road
3.84 mi away3 days ago

Estimated monthly payment

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Details

Year Built
1981
Exterior
Stucco, Wood Siding
HOA
None
Days on Market
37
MLS #
26-1483

Location & Proximity

Want the full picture of Redding? Read the Redding area guide for market trends, neighborhoods, and lifestyle details.

This Home Schools Water Nature Urban Mountain

Nearby Attractions — sorted by drive time

  • Sacramento River Fishing & Trails
    4 min1.9 mi
  • Sundial Bridge Sac River Trail
    6 min2.9 mi
  • Downtown Redding Shopping & Dining
    7 min3.2 mi
  • Whiskeytown Falls 220 ft Hiking Trail
    17 min12.2 mi
  • Shasta Lake Boating & Houseboats
    22 min15.2 mi
  • Whiskeytown Lake Beaches & Kayaking
    22 min15.2 mi
  • Lassen Volcanic NP 10,457 ft
    67 min61 mi
  • McCloud Falls Triple Waterfall
    72 min66.3 mi
  • Hat Creek Fly Fishing
    73 min66.6 mi
  • Mt. Shasta 14,179 ft
    76 min69.9 mi

Listing courtesy of Wahlund & Co. Realty Group — Drew Wahlund.

MLS# 26-1483 · Last updated April 6, 2026

What Clients Say

Real reviews from Shasta County families

5.0★★★★★ 52 five-star reviews

★★★★★

Nathan was amazing in helping my wife and I find a home. He was very honest and helpful in all the advice we needed as first time home buyers. He considered what was important for me as a husband and father looking to find a safe community.

JW

Jing W.

First-time buyer, Redding · Google

★★★★★

Mr. Cross did a comprehensive search for a home for my family. Unlike other realtors we've dealt with, most every property Nathan showed us ended up being something we were interested in. He never lost his patience.

Zillow Review

Home buyer · Zillow

★★★★★

Nathan did a masterful job finding me the right house, in the right location for the right price. While I was rather selective (actually, quite picky), he came through like a pro.

Zillow Review

Home buyer · Zillow

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Listing data is provided courtesy of the Shasta Association of REALTORS® MLS. Information is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither the listing broker(s) nor Nathan Cross, Realtor shall be responsible for any typographical errors, misinformation, or misprints. © Shasta Association of REALTORS®. All rights reserved.