Active · Residential

24624 NE 18th Street , Redmond, WA 98074

Redmond, WA 98074

$1,599,988

2 bedrooms · 1 bathrooms · 1,000 sq ft

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Listing provided by RE/MAX Northwest · MLS #2589458 · Active

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About this property

RARE SAMMAMISH DEVELOPMENT OPPORTUNITY! Nearly 2.9 acres of R-4 land adjacent to the Kensington Enclave community. The property's primary value is in the land and its future development potential rather than the existing residence. The current home is occupied, offered strictly as-is, and should be considered a potential tear-down or interim use rather than a traditional residential purchase.Preliminary analysis suggests the property may support multiple future residential lots under its existing R-4 zoning, with a theoretical density of multiple lots before accounting for site-specific constraints. Important: Actual development yield is not guaranteed and will depend on wetlands, critical areas and buffers, tree retention, topography, stormwater, access, utilities, engineering and City approval. Buyer to conduct their own feasibility and due diligence. Value is primarily in the land. Existing residence conveys strictly as-is.

Property details

Property type: Single Family Residence
Year built: 1970
Lot size: 125,962 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $6,455 (2025)
Parking spaces: 1
School district: Lake Washington

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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