Some homes reward a closer look. Offered at $850,000 below King County’s 2026 assessed value of $3,306,000, this private mid-century modern estate pairs a remarkable setting with exciting possibilities. Set on 1.27 acres across two legal parcels, the move-in-ready home offers over 4,000 square feet of living space, with soaring vaulted ceilings, expansive windows, and four fireplaces. --- Step outside to your own private retreat: a pool, hot tub, expansive decks, and a cabana with an outdoor kitchen create an inviting setting for summer gatherings and quiet evenings. Beside Weowna Park, with direct access to wooded trails and adjacent to the Phantom Lake Loop, the property offers a sense of seclusion just minutes from Downtown Bellevue, Redmond, Lake Sammamish, shopping, and major employment centers. --- Enjoy its distinctive character today while exploring the potential to make it your own. Generous acreage, two legal parcels, and room for future enhancements make this an opportunity worth discovering. The seller will also consider owner financing for qualified buyers. Ask your real estate broker for additional details and plat maps, and arrange your private tour.
Active
Listed by: Coldwell Banker Bain • Wayne Kwiatkowski • 360-961-1169
Price cut: $50K (10/20)
$2,449,000
16521 NE 1st Place, Bellevue, WA 98008
5beds
4,870sqft
Single Family Residence
Built in 1961
1.27 Acres Lot
$2,322,700 Zestimate®
$503/sqft
$-- HOA
What's special
Four fireplacesBeside weowna parkPrivate retreatHot tubSoaring vaulted ceilingsExpansive decksExpansive windows
- --
- on Zillow
- 875
- views
- 76
- saves
Zillow last checked:
Listing updated:
Listed by:
Wayne Kwiatkowski 360-961-1169 waynekwiatkowski@cbbain.com,
Coldwell Banker Bain,
Max Kwiatkowski 360-961-7188,
Coldwell Banker Bain
Source: NWMLS as distributed by MLS GRID,MLS#: 2533193
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 1
- 3/4 bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Lower
Bedroom
- Level: Second
Bedroom
- Level: Second
Bathroom full
- Level: Main
Bathroom three quarter
- Level: Main
Bathroom three quarter
- Level: Lower
Bathroom three quarter
- Level: Second
Other
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Family room
- Level: Second
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Rec room
- Level: Lower
Utility room
- Level: Main
Heating
- Fireplace, Forced Air, Electric, Natural Gas
Cooling
- None
Appliances
- Included: Dishwasher, Disposal, Dryer, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Refrigerator(s), Washer(s)
Features
- Bath Off Primary, Dining Room, Loft
- Flooring: Hardwood, Stone, Carpet
- Basement: Daylight,Finished
- Number of fireplaces: 5
- Fireplace features: Wood Burning, Lower Level: 2, Main Level: 3, Fireplace
Interior area
- Total structure area: 4,870
- Total interior livable area: 4,870 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Attached Garage, Off Street, RV Parking
- Has attached garage: Yes
- Covered spaces: 2
Features
- Levels: Multi/Split
- Entry location: Main
- Patio & porch: Bath Off Primary, Dining Room, Fireplace, Loft, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
- Pool features: In Ground, In-Ground
- Has spa: Yes
- Has view: Yes
- View description: See Remarks, Territorial
Lot
- Size: 1.27 Acres
- Dimensions: 216 x 276 x 372 x 69
- Features: Adjacent to Public Land, Cul-De-Sac, Dead End Street, Drought Resistant Landscape, Paved, Secluded, Cabana/Gazebo, Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet, Hot Tub/Spa, Patio, RV Parking
- Topography: Level,Partial Slope,Sloped
- Residential vegetation: Garden Space, Wooded
Details
- Parcel number: 3625059119
- Zoning: SFR - RES LOT
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Modern,Multi Level
- Property subtype: Single Family Residence
Materials
- Brick, Wood Siding, Wood Products
- Foundation: Poured Concrete
- Roof: Metal
Condition
- Good
- Year built: 1961
Utilities & green energy
- Electric: Company: Puget Sound Energy
- Sewer: Sewer Connected, Company: City of Bellevue
- Water: Public, Company: City of Bellevue
Community & HOA
Community
- Subdivision: Lake Hills
Location
- Region: Bellevue
Financial & listing details
- Price per square foot: $503/sqft
- Tax assessed value: $2,458,000
- Annual tax amount: $6,004
- Date on market: 6/1/2026
- Listing terms: Conventional,See Remarks,VA Loan
- Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Refrigerator(s), Stove(s)/Range(s), Washer(s)
Estimated market value
$2,322,700
$2.21M - $2.44M
$8,802/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/20/2026 | Price change | $2,449,000-2%$503/sqft |
Source:  NWMLS as distributed by MLS GRID #2533193 Report a problem | ||
| 7/14/2026 | Price change | $2,499,000-6%$513/sqft |
Source: NWMLS as distributed by MLS GRID #2533193 Report a problem | ||
| 6/1/2026 | Listed for sale | $2,659,000-24%$546/sqft |
Source: NWMLS as distributed by MLS GRID #2533193 Report a problem | ||
| 9/27/2025 | Listing removed | $3,500,000$719/sqft |
Source: Realogics Sothebys International Realty #2402346 Report a problem | ||
| 7/2/2025 | Listed for sale | $3,500,000-12.3%$719/sqft |
Source: Realogics Sothebys International Realty #2402346 Report a problem | ||
| 7/2/2025 | Listing removed | $3,988,800$819/sqft |
Source: Realogics Sothebys International Realty #2347658 Report a problem | ||
| 3/26/2025 | Listed for sale | $3,988,800$819/sqft |
Source: Realogics Sothebys International Realty #2347658 Report a problem | ||
| 6/30/2020 | Listing removed | $100-98.3% |
Source: Lori Gill & Associates/Windermere Property Management Report a problem | ||
| 5/11/2020 | Listed for rent | $5,800+45%$1/sqft |
Source: Lori Gill & Associates/Windermere Property Management Report a problem | ||
| 5/19/2015 | Listing removed | $4,000$1/sqft |
Source: Maple Leaf Management Report a problem | ||
| 5/16/2015 | Price change | $4,000-11%$1/sqft |
Source: Maple Leaf Management Report a problem | ||
| 5/14/2015 | Listed for rent | $4,495$1/sqft |
Source: Maple Leaf Management Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $18,276 +9.6% | $2,458,000 +8.1% |
| 2024 | $16,679 +15.2% | $2,274,000 +22.9% |
| 2023 | $14,474 -14.1% | $1,851,000 -22.2% |
| 2022 | $16,846 +35.9% | $2,380,000 +57.7% |
| 2021 | $12,392 +5.9% | $1,509,000 +14.2% |
| 2020 | $11,703 +2.5% | $1,321,000 +0.9% |
| 2019 | $11,414 +8% | $1,309,000 +1.9% |
| 2018 | $10,567 +7.2% | $1,285,000 +20% |
| 2017 | $9,860 +6% | $1,071,000 +16.4% |
| 2016 | $9,301 | $920,000 -12.7% |
| 2015 | $9,301 | $1,054,000 +0.7% |
| 2014 | $9,301 | $1,047,000 +28.9% |
| 2013 | $9,301 | $812,000 +23.6% |
| 2012 | -- | $657,000 -3.9% |
| 2011 | -- | $684,000 -5.1% |
| 2010 | -- | $721,000 |
| 2009 | -- | $721,000 +7.5% |
| 2007 | -- | $671,000 +8.1% |
| 2006 | -- | $621,000 +7.1% |
| 2005 | -- | $580,000 +25% |
| 2001 | $4,414 -2.1% | $464,000 +8.2% |
| 2000 | $4,510 | $429,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Lake Hills
Nearby schools
Schools provided by the listing agent
- Elementary: Phantom Lake Elem
- Middle: Odle Mid
- High: Sammamish Snr High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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