16521 NE 1st Place, Bellevue, WA 98008

$2,499,000
5
BD
5
BA
4,870
SqFt

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Listing courtesy of Coldwell Banker Bain.

List Price
$2,499,000
Status
ACTIVE
MLS#
2533193
Price Change
▼ $160,000 1784086539
Days on Market
254
Bedrooms
5
Finished SqFt
4,870
Area Total SqFt
4870
Annual Tax Ammount
6004
Lot Size (sq ft)
55,195
Fireplace
Yes
Sewer
Sewer Connected

Property Description

Rare Bellevue opportunity—Move in ready, and offered 25% below King County’s appraised 2026 value! Set on 1.27 acres across two parcels, this private mid-century modern estate offers nearly 5,000 SF of living space, classic architecture, vaulted ceilings, expansive windows, and four fireplaces. Tucked beside Weowna Park with direct access to it's wooded trails and adjacent to the Phantom Lake Loop, it feels secluded while remaining minutes from Downtown Bellevue, Redmond, Lake Sammamish, shopping, and employment centers. A private pool, hot tub, expansive decking, and cabana with an outdoor kitchen, combined, create a resort-like setting. With excellent bones, rare privacy, dual parcels, and significant value-added potential (instant equity), this is a truly distinctive opportunity! For more detailed information, and plat maps, just ask your favorite real estate broker!

Additional Information

Community
Lake Hills
Style
15 - Multi Level
Basement
Daylight, Finished
Year Built
1961
Total Covered Parking
2
View
See Remarks, Territorial
Roof
Metal
Site Features
Cabana/Gazebo, Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet, Hot Tub/Spa, Patio, RV Parking
Tax Year
2024
School District
Bellevue
Elementary School
Phantom Lake Elem
Middle School
Odle Mid
High School
Sammamish Snr High
Potential Terms
Cash, Conventional, FHA, VA Loan
Interior Features
Bath Off Primary, Dining Room, Fireplace, Loft, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
Flooring
Hardwood, Stone, Carpet
Driving Directions
NE 8th to Crossroads, Right onto 164th Ave SE, Left on Main St turns to 165th Ave NE "Third Right" onto NE 1st Pl, or better yet, just use your map app, it is the 21st century!
Appliance
Dishwasher, Disposal, Dryer, Refrigerator, Stove(s)/Range(s), Washer
Appliances Included
Dishwasher(s), Dryer(s), Garbage Disposal, Refrigerator(s), Stove(s)/Range(s), Washer(s)
Energy Source
Electric, Natural Gas
Based on information submitted to the MLS GRID as of . 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.
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