16521 NE 1st Place, Bellevue, WA 98008

$2,499,000
5
BD
5
BA
4,870
SqFt

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Listing courtesy of Coldwell Banker Bain.

List Price
$2,499,000
Status
ACTIVE
MLS#
2533193
Price Change
▼ $160,000 1784086539
Days on Market
237
Bedrooms
5
Finished SqFt
4,870
Area Total SqFt
4870
Annual Tax Ammount
6004
Lot Size (sq ft)
55,195
Fireplace
Yes
Sewer
Sewer Connected

Property Description

Set on a total of 1.27 acres, that consists of two separate parcels, this private mid-century modern estate offers a rare combination of space, privacy, and location that are just minutes from Downtown Bellevue, Redmond, and Lake Sammamish. Tucked beside Weowna Park with direct access to wooded trails, and the Phantom Lake Loop, the setting feels remote while remaining close to every-day amenities, major shopping, and local employment centers. Nearly 5,000 square feet of living space is defined by vaulted ceilings, expansive windows, and timeless mid-century architecture, with four fireplaces adding warmth and character throughout. The layout offers flexibility for multi-generational living, home offices, or creative use, and presents a compelling opportunity for thoughtful updates or long-term investment. Outdoor living is equally compelling, with a private pool, hot tub, expansive decking, and a cabana with kitchen—creating a resort-like setting surrounded by mature, park-like landscaping. With secluded distance to neighboring homes, privacy here is both noticeable and rare. A distinctive property offering land, scale, and upside in a highly sought-after Bellevue location. Dual parcels, classic architecture, fantastic “Bones”, and strong fundamentals combine to create a unique opportunity for buyers seeking privacy, character, and value-added equity potential.

Additional Information

Community
Lake Hills
Style
15 - Multi Level
Basement
Daylight, Finished
Year Built
1961
Total Covered Parking
2
View
See Remarks, Territorial
Roof
Metal
Site Features
Cabana/Gazebo, Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet, Hot Tub/Spa, Patio, RV Parking
Tax Year
2024
School District
Bellevue
Elementary School
Phantom Lake Elem
Middle School
Odle Mid
High School
Sammamish Snr High
Potential Terms
Cash, Conventional, FHA, VA Loan
Interior Features
Bath Off Primary, Dining Room, Fireplace, Loft, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
Flooring
Hardwood, Stone, Carpet
Driving Directions
NE 8th to Crossroads, Right onto 164th Ave SE, Left on Main St turns to 165th Ave NE "Third Right" onto NE 1st Pl, or better yet, just use your map app, it is the 21st century!
Appliance
Dishwasher, Disposal, Dryer, Refrigerator, Stove(s)/Range(s), Washer
Appliances Included
Dishwasher(s), Dryer(s), Garbage Disposal, Refrigerator(s), Stove(s)/Range(s), Washer(s)
Energy Source
Electric, Natural Gas
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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