7740 196th Avenue NE
Redmond, WA 98053
Map
- 3 beds
- 2 baths
- 1,280 sqft
- ~2 acre lot
- $1,640 per sqft
- 1911 build
Exceptional Investment Opportunity!This rare property offers limitless potential for investors, developers & visionaries.Situated on a prime shy 2-acre, flat, sun-filled corner lot,this parcel is an outstanding asset in a high-demand location.Water, gas, electricity & septic available on property, streamlining development opportunities.The vintage home, with some renovation,could generate rental income or serve as a transitional investment while planning future expansion.This highly visible site presents unparalleled value.No HOA restrictions.RA5P zoning. Whether you envision a custom home, business venture or long-term land appreciation,the possibilities are boundless. Don’t miss this truly rare find—seize this investment before it’s gone!
Last checked:
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Checking…
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Last updated Jun 30, 2025
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MLS# 2340879 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1911
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New Construction:false
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Building Information:Built On Lot
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Structure Type:House
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Roof:Composition
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Basement:None
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Exterior Features:Wood
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Levels:Two
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Building Area Total:1280
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Building Area Units:Square Feet
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Calculated SqFt:1280
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SqFt Source:Realist
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Construction Materials:Wood
Interior
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Living Area:1280
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Fireplace:false
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Finished SqFt:1280
Financial & Terms
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Possession:Closing
Location
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Latitude:47.674479
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Longitude:-122.078236
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Directions:From NE Union Hill Road, right at round-about onto 196th Ave NE, house/ property on left on corner.
The Property
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Property Type:Residential
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Property Subtype:Single Family Residence
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Parcel Number:0825069050
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Lot Features:Corner Lot, Paved, Value In Land
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Lot Size Units:Square Feet
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Lot Size Acres:1.9624
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Lot Size SqFt:85481
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Lot Size Source:Realist
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Zoning Jurisdiction:County
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Land Lease:false
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View:Territorial
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View:true
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Waterfront:false
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Topography:Level
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Vegetation:Garden Space
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Zoning:RA5P
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Irrigation Water Rights:false
Listing Agent
- Contact info:
- Agent phone:
- 425(454) 243-7358
- Office phone:
- 425(454) 243-7358
Taxes
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Tax Year:2024
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Tax Annual Amount:4972
Beds
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Bedrooms Total:3
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Bedrooms Possible:3
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Main Level Bedrooms:3
Baths
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Total Baths:2
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Baths:2
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Full Baths:2
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Main Full Baths:2
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Main Level Bathrooms:2
The Listing
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Special Listing Conditions:None
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Virtual Tour Unbranded:
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Virtual Tour URL Description:Video Tour!
Heating & Cooling
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Cooling:false
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Heating:false
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Cooling:None
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Heating:None
Utilities
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Water Company:City Of Redmond
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Water Source:Public
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Sewer:Septic Tank
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Sewer Company:Septic
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Power Company:Puget Sound Energy
Schools
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Elementary School:Dickinson Elem
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Middle Or Junior School:Evergreen Middle
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High School:Eastlake High
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High School District:Lake Washington
The Community
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Subdivision Name:Union Hill
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Senior Community:false
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Bus Line Nearby:true
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Association:false
Parking
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Parking Features:Driveway, RV Parking
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Open Parking:false
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Attached Garage:false
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Carport:false
Listing courtesy of NWMLS / John L. Scott, Inc.
Monthly cost estimate
Asking price
$2,100,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$11,244
|
| Taxes | $414 |
| Insurance | $577 |
| Utilities | $148 See report |
| Total | $12,383/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/10/25
Mar 10, 2025
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Listed / Active | NWMLS | $2,100,000 |
39% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $140k above asking price on average, but some went as high as $575k over asking price.
