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JRJeff ReynoldsCompass · Seattle
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Active

Listed by Sean Shi, Skyline Properties, Inc.

1
Bedrooms
2
Bathrooms
1,320
Square feet
$2,258
Per sq ft
Single Family Residence
Type
1925
Year built
41,086 sq ft
Lot
338
Days on market

About this property

Rare Lakefront Opportunity on Lake Sammamish — Investors, Developers & Homeowners Located in Issaquah SF-SL zoning (7.26 units/acre), it offers prime waterfront location and strong long-term investment potential to rebuild, expand, or explore future development. 41,000 SF of flat waterfront land provides expansive lakefront living, natural beauty, and privacy. Preliminary analysis suggests potential for 6–7 lots or residential units; actual development depends on setbacks, access, environmental constraints, drainage, utilities, shoreline regulations, and other requirements. Buyers should independently verify zoning, density, lot potential, and feasibility with government agencies and qualified professionals. Preliminary concepts may indicate 3–4 developable lots, subject to professional studies, site planning, design, and permitting. The well-maintained, move-in-ready residence offers flexibility as a primary home, second home, or rental while future plans are evaluated. Enjoy peaceful lake views, mature landscaping, and privacy, while remaining minutes from Issaquah, Bellevue, major transportation corridors, employment centers, shopping, dining, and schools. A rare combination of waterfront location, substantial land, flexible use, and long-term investment potential. Cash offers only. Seller is very motivated to sell and this will be the last chance to sell in 2 weeks. Offers reviewed September 13, 2026. Early offers may be considered.

Location & commute

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Directions

Property details

Listing details

Listing number
#2573083
Listed
August 24, 2026
Days on market
338 (includes a prior listing period)
Price per sq ft
$2,258

Unit & building

Unit levels
One

Parking

Parking
DrivewayRV Parking

Views

View
LakeMountains

Construction

Year built
1925
Style
10 - 1 Story
Structure
House
Roof
Composition

Heating & cooling

Heating
Forced Air
Cooling
Ductless
Energy source
ElectricNatural Gas

Interior features

Features
Bath Off PrimaryDbl Pane/Storm WindowDining RoomFireplaceSecurity SystemWater Heater
Fireplaces
1
Fireplace type
Electric

Flooring

Flooring
Laminate

Appliances

Appliances
DryerMicrowaveRefrigeratorStove(s)/Range(s)Washer

Lot

Lot features
Open SpacePavedValue In Land
Lot size
41,086 sq ft
Waterfront
Yes

Terms

Terms offered
CashConventional

Utilities

Water
City of Issaquah
Sewer
City of Issaquah
Power
PSE

Schools

District
Issaquah
Elementary
Sunset Elem
Middle
Issaquah Mid
High
Issaquah High

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • One
  • Driveway
  • RV Parking
  • Lake
  • Mountains
  • House
  • Composition
  • Forced Air
  • Ductless
  • Electric
  • Natural Gas
  • Bath Off Primary

Listing history

  1. Listed

    $2,980,000

    August 24, 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

$17,354

Principal & interest
$15,069
Property tax (est.)
$2,285

Assumes $596,000 down (20%), a $2,384,000 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

Based on information submitted to the MLS GRID as of August 26, 2026 at 12:15 AM 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.