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JRJeff ReynoldsCompass · Seattle

Listed by Kurt E. Pepin, Redfin

4
Bedrooms
2
Bathrooms
1,550
Square feet
$645
Per sq ft
Single Family Residence
Type
1957
Year built
30,928 sq ft
Lot
0
Days on market

About this property

Prime Redmond Development Opportunity! Just blocks from downtown Redmond, this nearly ¾-acre property offers exceptional location, scale, and future development potential. Situated in an area surrounded by commercial zoning, the property presents a unique opportunity for investors and developers to explore a variety of future uses, including potential multifamily, condominium, commercial, or mixed-use development, subject to zoning and city approvals. The generous lot size provides flexibility for multiple development concepts, while the property’s proximity to downtown amenities further enhances its long-term value. A property survey has already been completed, and the site is connected to the sewer. The property is being sold as-is, with the primary value in the land and its development potential. Don't miss this unique opportunity!

Location & commute

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Directions

Property details

Listing details

Listing number
#2576350
Listed
August 31, 2026
Days on market
0
Price per sq ft
$645

Unit & building

Unit levels
Multi/Split

Parking

Parking
DrivewayNone

Construction

Year built
1957
Style
15 - Multi Level
Structure
House
Roof
Composition

Heating & cooling

Heating
Baseboard
Cooling
None
Energy source
Electric

Interior features

Features
Water Heater

Flooring

Flooring
HardwoodCarpet

Lot

Lot features
Value In Land
Lot size
30,928 sq ft

Terms

Terms offered
CashConventional

Utilities

Water
City of Redmond
Sewer
King County
Power
Puget Sound Energy

Schools

District
Lake Washington
Elementary
Buyer To Verify
Middle
Buyer To Verify
High
Buyer To Verify

What stands out to you?

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  • Multi/Split
  • Driveway
  • None
  • House
  • Composition
  • Baseboard
  • Electric
  • Water Heater
  • Hardwood
  • Carpet
  • Value In Land
  • Cash

Listing history

  1. Listed

    $1,000,000

    August 31, 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

$5,824

Principal & interest
$5,057
Property tax (est.)
$767

Assumes $200,000 down (20%), a $800,000 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 31, 2026 at 7:45 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.