17311 NE 112th Street, Redmond, WA 98052

$2,875,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Listing Broker: Windermere R.E. Northeast, Inc; Bryan R. Loveless; 425-968-8181; BryanLoveless@windermere.com

List Price
$2,875,000
Status
ACTIVE
MLS#
2580846
Days on Market
0
Lot Size (sq ft)
89,365

Property Description

Rare opportunity to own an expansive 89,365 square foot (2.05-acre) property on sought after Education Hill in Redmond with preliminary plat approval for a 5-lot residential subdivision. Lot sizes range from 6,297 square feet to 8,779 square feet with the zoning permitting up to 4,500 square foot homes (Buyer to verify maximum size SF homes allowed on each lot with City of Redmond). Recent sold comparables in the immediate area between 4,000-4,350 SF have averaged $667 per SF and sold between $2.72M-$2.85M. Featuring an existing 3,100 square foot home with 4 bedrooms and 2.5 bathrooms, this property offers a variety of possibilities for those seeking space, privacy, and excellent future investment/building potential. Built in 1981, the current home is complemented by an expansive & treed lot, 2 detached garages, driveway & RV parking, open & cleared back lawn, and ample garden space. Enjoy the added convenience of a community park and playground directly across the street. Ideally situated just minutes from Totem Lake Village, downtown Kirkland, Bellevue, Redmond, and the Microsoft campus, with prime access to the Eastside's shopping, dining, and amenities. Located within the highly regarded Lake Washington School District, this expansive property presents a unique opportunity for investment in a desirable Eastside location.

Additional Information

Community
Redmond
Style
41 - Res-Over 1 Acre
Zoning Jurisdiction
City
Features
Brush, Lightly Treed, Partially Cleared
View
Territorial
Sewer
Available
Tax Year
2026
School District
Lake Washington
Elementary School
Einstein Elem
Middle School
Redmond Middle
High School
Redmond High
Potential Terms
Cash, Conventional
Driving Directions
USE GPS ADDRESS 17233 NE 116th ST, Redmond. Heading north on I-405, take exit 20B onto NE 124th, turn R onto Woodinville, Redmond Rd NE, L onto NE 116th St & R on 172nd & L on 112th Wy. Home on Right.
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.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks