$2,499,000

5 Beds 4 / 1 Full / Half Baths 4,870 SQFT 1.27 Acres

Type: Single Family

16521 NE 1st Place
Bellevue, WA 98008

MLS#: 2533193

Presented by: Coldwell Banker Bain and NWMLS

Property Description

$807,000.00 below the King County’s assessed 2026 value of $3,306,000! Set on 1.27 acres across two legal parcels, this private mid-century modern estate, is move in ready and offers over 4,000 SF of living space, with vaulted ceilings, expansive windows, and four fireplaces. Tucked beside Weowna Park offering direct access to it's wooded trails and is adjacent to the Phantom Lake Loop, it feels secluded while remaining minutes from Downtown Bellevue, Redmond, Lake Sammamish, shopping, and employment centers. A very private pool, hot tub, expansive decking, and cabana with an outdoor kitchen, combined, create a resort-like setting. The seller will consider owner financing to qualified buyers too! 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!

Interior Features

Bedrooms

Bedrooms Lower1

Bedrooms Upper2

Main Level Bedrooms2

Total Bedrooms5

Bathrooms

3/4 Baths3

Bathrooms3.75

Baths Full Garage0

Baths Full Lower0

Baths Full Main1

Baths Full Upper0

Baths Half Garage0

Baths Half Lower0

Baths Half Main1

Baths Half Upper0

Baths Three Quarter Garage0

Baths Three Quarter Lower1

Baths Three Quarter Main1

Baths Three Quarter Upper1

Half Baths1

Total Baths5

Other Interior Features

Air Conditioning Y/NNo

BasementDaylight, Finished

Fireplace FeaturesWood Burning

Fireplace Y/NYes

Fireplaces Lower2

Fireplaces Main3

FlooringHardwood, Stone, Carpet

Heating Y/NYes

Interior AmenitiesBath Off Primary, Dining Room, Fireplace, Loft, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar

Power Production TypeElectric, Natural Gas

Total Fireplaces5

General

AppliancesDishwasher, Disposal, Dryer, Refrigerator, Stove(s)/Range(s), Washer

Architectural StyleModern

Attached Garage Yes

Building Area Units0 sqft

Building NameLAKE HILLS 15

Carport Y/NNo

CityBellevue

CoolingNone

CountyKing

DirectionsNE 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!

Elementary SchoolPhantom Lake Elem

Entry LocationMain

Facing DirectionSouthwest

Full Baths1

Garage Y/NYes

HOANo

HOA Fee$0

HeatingForced Air

High SchoolSammamish Snr High

High School DistrictBellevue

Land Lease Y/NNo

LevelsMulti/Split

Listing TermsCash, Conventional, Owner Will Carry, See Remarks, VA Loan

Living Area4,870 sqft

Lot Size Square Feet55,195 sqft

Lot Size UnitsSquare Feet

MLS Area530 - Bellevue/East of 405

Middle/Junior High SchoolOdle Mid

NWM_ShowMapLinkY

New ConstructionNo

Pool FeaturesIn Ground

PossessionClosing, Negotiable

Property ConditionGood

Property Style15 - Multi Level

Property SubtypeSingle Family Residence

Property TypeResidential

Public Remarks$807, 000.00 below the King Countys assessed 2026 value of $3, 306, 000! Set on 1.27 acres across two legal parcels, this private mid-century modern estate, is move in ready and offers over 4, 000 SF of li

RoofMetal

Security FeaturesPartially Fenced

Senior Community Y/NNo

SewerSewer Connected

Special Listing ConditionsNone

Standard StatusActive

StatusActive

Structure TypeHouse

Subdivision NameLake Hills

Tax Annual Amount$6,004

Tax Year2024

TopographyLevel, Partial Slope, Sloped

ViewSee Remarks, Territorial

Water CompanyCity of Bellevue

Year Built1961

Exterior

Building Area Total4,870 sqft

Covered Spaces2

Exterior AmenitiesBrick, Wood, Wood Products

Foundation DetailsPoured Concrete

InclusionsDishwasher(s), Dryer(s), Garbage Disposal, Refrigerator(s), Stove(s)/Range(s), Washer(s)

Irrigation Water Rights Y/NNo

Lot Dimensions216 X 276 X 372 X 69

Lot FeaturesAdjacent to Public Land, Cul-De-Sac, Dead End Street, Drought Resistant Landscape, Paved, Secluded

Lot Number2

Lot Size Acres1.2671

Parking FeaturesDriveway, Attached Garage, Off Street, RV Parking

Pool TypeIn-Ground

Site FeaturesCabana/Gazebo, Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet, Hot Tub/Spa, Patio, RV Parking

SpaYes

Total Parking2

VegetationGarden Space, Wooded

Water SourcePublic

Waterfront Y/NNo

Additional Details

Price History

Schools

Middle School Odle Mid

High School Sammamish Snr High

Elementary School Phantom Lake Elem

Similar Properties

$2,499,000

5 Beds 4 / 1 Full / Half Baths 4,870 SQFT 1.27 Acres

Type: Single Family

16521 NE 1st Place
Bellevue, WA 98008

MLS#: 2533193

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Property

$2,499,000

16521 NE 1st Place
Bellevue, WA 98008

Property Description

Interior Features

Bedrooms

Bathrooms

Other Interior Features

General

Exterior

Additional Details

Price History

Schools

Similar Properties

$2,499,000

16521 NE 1st Place
Bellevue, WA 98008

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Property

$2,499,000

16521 NE 1st PlaceBellevue, WA 98008

Property Description

Interior Features

Bedrooms

Bathrooms

Other Interior Features

General

Exterior

Additional Details

Price History

Schools

Similar Properties

$2,499,000

16521 NE 1st PlaceBellevue, WA 98008

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16521 NE 1st Place
Bellevue, WA 98008

16521 NE 1st Place
Bellevue, WA 98008