Listed by Joyce Wei, Windermere Bellevue Commons
- Land
- Type
- 14,400 sq ft
- Lot
- 20
- Days on market
About this property
Rare opportunity to acquire a 14,400-square-foot development site in the heart of Downtown Redmond. The property is zoned Downtown Core (DTC), the city’s highest-intensity zoning designation, allowing for a Floor Area Ratio (FAR) of up to 6.5 and a maximum buildable area of approximately 93,600 square feet. Positioned within walking distance of the Downtown Redmond Light Rail Station. The site offers an exceptional opportunity to develop a high-density mixed-use project in a supply-constrained market. Permitted uses include a combination of multifamily residential, office, retail, hospitality, and other complementary commercial uses, providing flexibility to capitalize on evolving market demand. With continued investment in Downtown Redmond, strong employment growth, and increasing demand for urban mixed-use developments, offers investors and developers the opportunity to create a landmark project in one of the Eastside’s most dynamic and desirable submarkets.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2544646
- Listed
- June 23, 2026
- Days on market
- 20
Construction
- Style
- 43 - Comm/Industrial
- Structure
- None
Lot
- Lot size
- 14,400 sq ft
Terms
- Terms offered
- CashConventional
Utilities
- Utilities
- Electricity Not Available
- Water
- Not Available
- Sewer
- Not Available
Schools
- District
- Raymond
- Elementary
- Raymond Elem
- Middle
- Raymond Jnr Snr High
- High
- Raymond Jnr Snr High
What stands out to you?
Mark features you love or could do without. Saved on this device to tune what you see.
- None
- Cash
- Conventional
- Electricity Not Available
- Not Available
Listing history
Listed
$2,580,000
June 23, 2026
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$15,024
- Principal & interest
- $13,046
- Property tax (est.)
- $1,978
Assumes $516,000 down (20%), a $2,064,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
Similar nearby listings

$2,298,000
17269 NE 121st Place
Redmond, WA

$1,900,000
13214 180th Avenue NE
Redmond, WA

$3,095,000
24827 NE 80th Street
Redmond, WA

$1,999,500
16518 NE 85th Street
Redmond, WA

$2,350,000
11321 165th Court NE
Redmond, WA

$1,975,000
7229 245th Way NE
Redmond, WA
Based on information submitted to the MLS GRID as of July 13, 2026 at 11:01 PM PDT. 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.