$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!
Active
Listed by: Coldwell Banker Bain • Wayne Kwiatkowski
Price cut: $160K (7/14)
$2,499,000
16521 NE 1st Place, Bellevue, WA 98008
5beds
4,870sqft
Single Family Residence
Built in 1961
1.27 Acres Lot
$2,376,500 Zestimate®
$513/sqft
$-- HOA
What's special
Very private poolFour fireplacesHot tubVaulted ceilingsExpansive deckingExpansive windows
- 99 days
- 1,002
- 40
Zillow last checked:
Listing updated:
Listed by:
Wayne Kwiatkowski,
Coldwell Banker Bain,
Max Kwiatkowski,
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: $513/sqft
- Tax assessed value: $2,458,000
- Annual tax amount: $6,004
- Date on market: 12/1/2025
- Cumulative days on market: 281 days
- 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
$2,376,500
$2.26M - $2.50M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 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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