35.8 ACRE LUXURY EQUESTRIAN CENTER. Build your dream home or subdivide to create multiple lots for a luxury equestrian lifestyle. An incredible Event location for spectacular parties or beautiful weddings. Sited above the valley floor this property offers 360 degree views which take in glorious Mt. Si & North Cascades. 2 sets of Nanawall doors open the 2nd floor luxury appointed viewing area to the indoor arena & also East to watch the sun rise. The 200'X80'(approx) indoor arena offers high tech Pinnacle Footing, no dust no watering necessary. 24 indoor stalls & 14 outdoor paddocks. Sonos sound system. All designed to create epic Entertainment & Memories. Located near Redmond, Sammamish & I-90 this Dream Opportunity Awaits Your Creativity.
Active
Listed by: HomeSmart Real Estate Assoc • Catherine Flynn
Price cut: $500K (7/13)
$4,900,000
31405 SE Redmond-Fall City Road, Fall City, WA 98024
--beds
--baths
35.8Acres
Unimproved Land
Built in ----
35.8 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Indoor arena
- 388 days |
- 559 |
- 37 |
Zillow last checked:
Listing updated:
Listed by:
Catherine Flynn,
HomeSmart Real Estate Assoc
Source: NWMLS as distributed by MLS GRID,MLS#: 2394037
Facts & features
Interior
Property
Features
- Has view: Yes
- View description: Mountain(s)
- Waterfront features: Creek
Lot
- Size: 35.8 Acres
- Features: Open Lot, Paved, Brush, Evergreens, Partially Cleared, Pasture Land, Pond, Stream/Creek
- Topography: Level,Rolling
Details
- Parcel number: 0924079019
- Zoning: RA-5
- Zoning description: See Remarks,Jurisdiction: County
- Special conditions: Standard
Utilities & green energy
- Electric: On Property
- Gas: Not Available
- Sewer: Not Available, Septic: Nuwater/LoweFlow to an Oscar Drainfiel, Septic Design Installed
- Water: Available, Jurisdiction: Fall City Water District
- Utilities for property: Electricity Connected, Septic Design Installed
Community & HOA
Community
- Subdivision: Fall City
Location
- Region: Fall City
Financial & listing details
- Tax assessed value: $1,973,000
- Annual tax amount: $19,807
- Date on market: 7/14/2025
- Cumulative days on market: 390 days
- Electric utility on property: Yes
- Road surface type: Gravel, Paved
Estimated market value
Not available
Estimated sales range
Not available
$3,062/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/13/2026 | Price change | $4,900,000-9.3% |
Source:  NWMLS as distributed by MLS GRID #2394037 Report a problem | ||
| 7/15/2025 | Listed for sale | $5,400,000+340.8% |
Source: NWMLS as distributed by MLS GRID #2394037 Report a problem | ||
| 9/16/2014 | Sold | $1,225,000-15.5% |
Source: NWMLS as distributed by MLS GRID #667249 Report a problem | ||
| 8/10/2014 | Pending sale | $1,450,000 |
Source: Windermere Real Estate/East, Inc. #667249 Report a problem | ||
| 7/18/2014 | Listed for sale | $1,450,000 |
Source: Windermere Real Estate/East, Inc. #667249 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $20,368 +0.4% | $1,887,000 +1.9% |
| 2024 | $20,289 +2.4% | $1,852,500 +8.4% |
| 2023 | $19,807 +2.2% | $1,709,500 -13% |
| 2022 | $19,383 -17% | $1,966,000 +4.6% |
| 2021 | $23,356 +6.6% | $1,880,000 +18.8% |
| 2020 | $21,907 +4.4% | $1,583,000 +2.4% |
| 2019 | $20,993 +13.5% | $1,546,000 +10.6% |
| 2018 | $18,497 -4.2% | $1,398,000 -1.8% |
| 2017 | $19,302 +214.8% | $1,423,000 +13% |
| 2016 | $6,132 | $1,259,000 +124% |
| 2015 | $6,132 | $562,000 -1.9% |
| 2014 | $6,132 | $573,000 +24% |
| 2013 | $6,132 | $462,000 +8.2% |
| 2012 | -- | $427,000 +10.9% |
| 2011 | -- | $385,000 +30% |
| 2010 | -- | $296,150 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 98024
Nearby schools
GreatSchools rating
- 10/10Fall City Elementary SchoolGrades: K-5Distance: 1.3 mi
- 8/10Chief Kanim Middle SchoolGrades: 6-8Distance: 0.9 mi
- 10/10Mount Si High SchoolGrades: 9-12Distance: 6.1 mi
Schools provided by the listing agent
- Elementary: Fall City Elem
- Middle: Chief Kanim Mid
- High: Mount Si 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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A local agent can set up tours, give advice and negotiate with sellers.
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