Builder Alert! Prime Development Opportunity in Redmond. Two Ready-to-Develop Lots on 148th Ave NE. Presenting an exceptional opportunity for builders and developers in the heart of Redmond! These two spacious lots are ideally situated between 148th - 149th Ave NE, right where NE 76th Street ends. This location is perfect for a new residential project. The lots can accommodate up to 10 SFRs or 16 modern townhomes. Whether you are looking to build comfortable family homes or stylish townhouses, this property provides the flexibility and space needed for a successful development. Currently, there is one existing home built in 1972. Developers may choose to renovate, repurpose, or remove this structure to make way for new construction.
Pending feasibility
Listed by: eXp Realty • Darcel Fogerty
$7,000,000
7610 148th Ave NE, Redmond, WA 98052
3beds
1,640sqft
Single Family Residence
Built in 1972
1.38 Acres Lot
$-- Zestimate®
$4,268/sqft
$-- HOA
What's special
- 321 days
- 35
- 1
Zillow last checked:
Listing updated:
Listed by:
Darcel Fogerty,
eXp Realty,
Cindy Wedeberg,
eXp Realty
Source: NWMLS as distributed by MLS GRID,MLS#: 2447834
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Entry hall
- Level: Main
Family room
- Level: Main
Kitchen without eating space
- Level: Main
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: Dishwasher, Disposal, Dryer, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Refrigerator(s), Washer(s)
Features
- Has fireplace: No
Interior area
- Total structure area: 1,640
- Total interior livable area: 1,640 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached Carport
- Carport spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Main
Lot
- Size: 1.38 Acres
Details
- Parcel number: 6421100315
- Special conditions: See Remarks
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story
- Property subtype: Single Family Residence
Materials
- Wood Siding, Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1972
Utilities & green energy
- Sewer: Sewer Connected
- Water: Public
Community & HOA
Community
- Subdivision: Grass Lawn Park
Location
- Region: Redmond
Financial & listing details
- Price per square foot: $4,268/sqft
- Tax assessed value: $1,156,000
- Annual tax amount: $8,830
- Date on market: 10/31/2025
- Cumulative days on market: 313 days
- Listing terms: Conventional
- Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Refrigerator(s), Stove(s)/Range(s), Washer(s)
Estimated market value
Not available
Estimated sales range
Not available
$3,412/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/21/2026 | Pending sale | $7,000,000$4,268/sqft |
Source: | ||
| 6/21/2026 | Listed for sale | $7,000,000$4,268/sqft |
Source: | ||
| 2/28/2026 | Pending sale | $7,000,000$4,268/sqft |
Source: eXp Realty #2447834 Report a problem | ||
| 1/10/2026 | Price change | $7,000,000-11.4%$4,268/sqft |
Source: | ||
| 11/18/2025 | Price change | $7,900,000-1.3%$4,817/sqft |
Source: | ||
| 10/23/2025 | Listed for sale | $8,000,000$4,878/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,730 +10.2% | $1,156,000 +2.9% |
| 2024 | $8,830 +71.8% | $1,123,000 +81.1% |
| 2023 | $5,139 -9.5% | $620,000 -19.6% |
| 2022 | $5,678 +21.3% | $771,000 +42% |
| 2021 | $4,679 +6.8% | $543,000 +15.5% |
| 2020 | $4,383 +1.1% | $470,000 |
| 2019 | $4,337 +1.6% | $470,000 -2.1% |
| 2018 | $4,267 +43.4% | $480,000 +61.6% |
| 2017 | $2,975 +32.8% | $297,000 +11.2% |
| 2016 | $2,241 | $267,000 +10.8% |
| 2015 | $2,241 | $241,000 +8.1% |
| 2014 | $2,241 | $223,000 +12.1% |
| 2013 | $2,241 | $199,000 +16.4% |
| 2012 | -- | $171,000 -32.9% |
| 2011 | -- | $255,000 -3% |
| 2010 | -- | $263,000 |
| 2009 | -- | $263,000 +7.8% |
| 2007 | -- | $244,000 -11.3% |
| 2006 | -- | $275,000 +10% |
| 2005 | -- | $250,000 +30.2% |
| 2001 | $2,190 -0.5% | $192,000 +9.1% |
| 2000 | $2,200 | $176,000 |
Find assessor info on the county website
Monthly payment
Est. payment





