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Off market
  • $2,267,900

    16972 NE 123rd St, Redmond, WA 98052

    5beds
    3,965sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $2,267,900 Zestimate®
    $572/sqft
    $6,285 Estimated rent

    Home value

    $2,267,900

    $2.13M - $2.40M

    $6,285/mo

    Zestimate® history
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    $13,699/mo

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    What's special

    Abundant natural lightPrivate outdoor spaceCommunity parksFlexible workspaces

    Executive Home in Prime Redmond Location | Top-Rated Schools | Minutes to Microsoft Rare opportunity to lease a beautifully maintained executive home in one of Redmond's most sought-after neighborhoods.This spacious 5-bedroom, 4.5-bath residence offers nearly every feature today's professionals and families are looking for privacy, top schools, flexible workspaces, and exceptional convenience. Situated on a premium corner lot backing to a greenbelt, the home enjoys a level of privacy and natural surroundings that is increasingly difficult to find in the Seattle Eastside market. Large windows throughout the home bring in abundant natural light while framing peaceful views of trees and open space. The thoughtfully designed floor plan includes: 5 bedrooms and 4.5 bathrooms Main-floor guest suite with private bath Dedicated office/den plus multiple work-from-home spaces Spacious loft/flex area Fully finished basement with built-in home theater Chef's kitchen with open-concept living and dining areas Wide-plank hardwood flooring throughout the main level Central A/C for year-round comfort Fully fenced private backyard with garden space Microsoft campuses are just minutes away, with easy access to SR-520 for commuting to Bellevue, Kirkland, Amazon, Google, Meta, and other major employers across the Eastside and Seattle region. Redmond Town Center, parks, trails, restaurants, and daily conveniences are all nearby. Families will appreciate access to the highly regarded Lake Washington School District, including walking distance to Clara Barton Elementary. The neighborhood is known for its quiet residential atmosphere, community parks, and strong sense of safety and community. This home offers the rare combination of executive-level living, outstanding schools, private outdoor space, and unbeatable proximity to the Eastside's largest technology employers. Available for a 12-month lease. Requirements: -Security Deposit: $6,000 -Renters Insurance Referred -Background and Credit Check Required -Zillow Rental Application -Proof of Income (3 most recent pay stubs) and Driver's License -Tenant responsible for electricity, water, garbage, and yard maintenance per HOA guidelines Ideal for professionals and families seeking a long-term home in one of Redmond's most desirable neighborhoods. Applications will be reviewed after the showing period ends. Every occupant 18 years of age or older must complete an application. Qualified applicants will be evaluated based on published screening criteria including income, credit history, rental history, and background screening. No smoking allowed

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Heat Pump, Wall Furnace
    Cooling
    • Central Air, Wall Unit
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Microwave, Oven, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Flooring: Carpet, Hardwood
    Interior area
    • Total interior livable area: 3,965 sqft

    Property

    Parking
    • Parking features: Attached
    • Has attached garage: Yes
    • Details: Contact manager
    Features
    • Exterior features: Electricity not included in rent, Garbage not included in rent, Heating system: Wall, Water not included in rent
    Details
    • Parcel number: 2526059235

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & HOA

    Community
    • Deposit fee: $6,000
    Location
    • Region: Redmond

    Financial & listing details

    • Price per square foot: $572/sqft
    • Tax assessed value: $2,171,000
    • Annual tax amount: $18,255
    • Date on market: 6/5/2026
    • Date available: 08/02/2026
    • Lease term: 1 Year

    Price history

    DateEventPrice
    6/20/2026Listing removed$6,000$2/sqft
    Source: Zillow Rentals Report a problem
    6/6/2026Listed for rent$6,000$2/sqft
    Source: Zillow Rentals Report a problem
    4/16/2021Sold$1,715,000+79.8%$433/sqft
    Source: NWMLS as distributed by MLS GRID #1735583 Report a problem
    4/7/2016Sold$953,830$241/sqft
    Source: NWMLS as distributed by MLS GRID #834993 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$18,255 +22.1%$2,171,000 +14.1%
    2024$14,950 +12.9%$1,903,000 +18.9%
    2023$13,241 -9.6%$1,601,000 -19.7%
    2022$14,654 +22.1%$1,994,000 +42.8%
    2021$12,002 +8.5%$1,396,000 +17.4%
    2020$11,062 -2.4%$1,189,000 -3.4%
    2019$11,331 +17.5%$1,231,000 +13.2%
    2018$9,645 -2.3%$1,087,000 +9.9%
    2017$9,877 +651.2%$989,000 +9.6%
    2016$1,315 $902,000 +272.7%
    2015$1,315 $242,000
    Find assessor info on the county website

    Neighborhood: North Redmond

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,267,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,267,900