7001 242nd Avenue NE Redmond, WA $ 1,299,000
7001 242nd Avenue NE
$ 1,299,000
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7001 242nd Avenue NE

Redmond, WA, 98053
$ 1,299,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 8,202

Listed by Windermere Real Estate/East
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Lots and Land for sale in Redmond, WA

for $1,299,000. The lot size is 4.9242.

A rare 4.92-acre property offering close-in acreage in the heart of Union Hill. Tucked away at the back of Swan Lake Estates on a quiet, dead-end road, this privately gated property is largely cleared, sunny, and bordered by a creek for added privacy—all while surrounded by $2Million+ estate homes. The existing home offers more than 3,000 square feet with 4 bedrooms, an office, bonus space, oversized laundry room, and a daylight basement—providing an incredible opportunity to renovate and create something truly special. A detached garage and woodshed add even more flexibility. The bones are here; with some TLC, this property could be phenomenal. Or reimagine the property entirely and create your dream estate, with room for expansive lawns, gardens, a shop, equestrian amenities, or additional outbuildings. With no CCRs, the possibilities are extensive. A unique combination of privacy, usable acreage, versatility, and an estate-worthy setting—all just minutes from downtown Redmond.

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Lots and Land Pending

Price

$ 1,299,000

Property Type

Lots and Land

Taxes

$ 1,270

Style

Res-Over 1 Acre

Lot Size

4.9242

Town/City

Redmond

County/Region

King

MLS | Web ID

2581227

Features
General
Living Area 0
Sewer On Property
Utilities Electricity Connected Natural Gas Available Septic Design Installed
Possession Closing
HOA Fee 0
Security Features Security Gate
View Territorial
Topography Level Sloped
Property Subtype Land
Tax Year 2026
Waterfront Features Creek
County King
Property Type Land
HOA N
Subdivision Name Union Hill
Garage Y/N Y
Special Listing Conditions None
Status Pending Feasibility
Directions From Hwy 520 turn east onto Union Hill Rd & follow for about 4.2 miles. Fork south (right) onto 238th Ave NE then left back onto NE Union Hill Rd. Left onto 240th Way NE. Home has own private gate.
High School Eastlake High
City Redmond
Senior Community Y/N N
High School District Lake Washington
MLS Area 550 - Redmond/Carnation
Lot Size Units Square Feet
Lot Size Square Feet 214500
Carport Y/N N
Listing Terms Cash Rehab Loan See Remarks
Elementary School Alcott Elem
Tax Annual Amount 1270
Middle/Junior High School Evergreen Middle
Public Remarks A rare 4.92-acre property offering close-in acreage in the heart of Union Hill. Tucked away at the back of Swan Lake Estates on a quiet dead-end road this privately gated property is largely cleared
Structure Type None
Building Area Units Square Feet
Standard Status Pending
Property Features Brush Partially Cleared Stream/Creek
Gas Status In Street
Property Style 41 - Res-Over 1 Acre
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Exterior
Parking Features Garage
Lot Features Dead End Street Paved Secluded
Water Source On Property
Building Area Total 0
Lot Size Acres 4.9242
Road Surface Type Paved
Waterfront Y/N Y
Irrigation Water Rights Y/N N
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Interior
Total Fireplaces 0
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Bedrooms Possible 4
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2581227
Street Number 1 7001
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* Excluded Features
List By
Sam Collins

Listing Agent

Windermere Real Estate/East

Broker

Affordability Calculator

$8,308
Per Month
99%
1%
0%
Monthly Principal & Interest
$8,202
Monthly Property Taxes
$106
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3625318 Elementary School
1766848 Middle School
Eastlake High High School
Pricing History
DatePricePrice ChangeDescription
9/11/2026$1,299,000 Listed Price

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7001 242nd Avenue NE, Redmond, WA, 98053 is a Lots and Land for sale at $1,299,000 with a lot size of 4.9242. 7001 242nd Avenue NE has 0.0 baths. The property's zip code is 98053 which is in Redmond, WA