$1,599,988

3 Beds 1 Baths 1,000 SQFT 2.89 Acres
Type: Single Family

24624 NE 18th Street
Redmond, WA 98074

MLS#: 2589458
Presented by: RE/MAX Northwest and NWMLS

Property Description

 

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 approximately 11 lots before accounting for site-specific constraints. The adjacent Kensington Enclave provides a compelling development precedent, with 43 residential lots approved on approximately 11.7 acres.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.


 

Interior Features

Bedrooms

Bedrooms Lower0
Bedrooms Possible3
Bedrooms Upper0
Main Level Bedrooms3
Total Bedrooms3

Bathrooms

3/4 Baths0
Bathrooms1
Baths Full Garage0
Baths Full Lower0
Baths Full Main1
Baths Full Upper0
Baths Half Garage0
Baths Half Lower0
Baths Half Main0
Baths Half Upper0
Baths Three Quarter Garage0
Baths Three Quarter Lower0
Baths Three Quarter Main0
Baths Three Quarter Upper0
Half Baths0
Total Baths1

Other Interior Features

Air Conditioning Y/NNo
BasementNone
Fireplace FeaturesWood Burning
Fireplace Y/NYes
Fireplaces Main1
FlooringVinyl, Carpet
Heating Y/NYes
Interior AmenitiesFireplace, Water Heater
Power Production TypeElectric
Total Fireplaces1
Water Heater Locationcloset
Water Heater Typeelectric

General

AppliancesDishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
Architectural StyleCraftsman
Attached Garage Yes
Building Area Units0 sqft
Carport Y/NNo
CityRedmond
CoolingNone
CountyKing
DirectionsI-90 E to Exit 17. L Front St. Continue E Lake Sammamish Pkwy. R SE 43rd Way/228th Ave SE. R NE 8th St. L 244th Ave NE. R NE 18th St. Property on R.
Elementary SchoolBuyer To Verify
Full Baths1
Garage Y/NYes
HOANo
HOA Fee$0
HeatingBaseboard, Radiant
High SchoolBuyer To Verify
High School DistrictLake Washington
Land Lease Y/NNo
LevelsOne
Listing TermsCash, Conventional
Living Area1,000 sqft
Lot Size Square Feet125,962 sqft
Lot Size UnitsSquare Feet
MLS Area540 - East of Lake Sammamish
Middle/Junior High SchoolBuyer To Verify
NWM_ShowMapLinkY
New ConstructionNo
PossessionClosing
Property ConditionFixer
Property Style10 - 1 Story
Property SubtypeSingle Family Residence
Property TypeResidential
Public RemarksRARE 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 rat
RoofComposition
Senior Community Y/NNo
SewerAvailable, Septic Tank
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeHouse
Subdivision NameSammamish
Tax Annual Amount$6,455
Tax Year2025
TopographyPartial Slope, Rolling, Sloped, Terraces
ViewMountains, Territorial
Water CompanySammamish Plateau Water
Year Built1970

Exterior

Building Area Total1,000 sqft
Covered Spaces1
Exterior AmenitiesWood
Foundation DetailsPoured Concrete
InclusionsDishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Irrigation Water Rights Y/NNo
Lot Size Acres2.8917
Parking FeaturesAttached Garage
Site FeaturesBarn, Cable TV, High Speed Internet
Total Parking1
VegetationWooded
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

Elementary School Buyer To Verify Elementary School
High School Buyer To Verify High School
Middle School Buyer To Verify Middle School

  

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$1,599,988

3 Beds 1 Baths 1,000 SQFT 2.89 Acres
Type: Single Family

24624 NE 18th Street
Redmond, WA 98074

MLS#: 2589458