16521 NE 1st Place Bellevue, WA $ 2,499,000
16521 NE 1st Place
$ 2,499,000
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16521 NE 1st Place

Bellevue, WA, 98008
$ 2,499,000
Bedrooms5 Baths4.1 Sq 4,870

Monthly Estimate*

$ 15,779

Listed by Coldwell Banker Bain
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Single Family Home for sale in Bellevue, WA

for $2,499,000 with 5 bedrooms and 4 full baths, 1 half bath. This 4,870 square foot home was built in 1961 on a lot size of 1.2671.

$807,000.00 below the King County’s assessed 2026 value of $3,306,000! Set on 1.27 acres across two legal parcels, this private mid-century modern estate, is move in ready and offers over 4,000 SF of living space, with vaulted ceilings, expansive windows, and four fireplaces. Tucked beside Weowna Park offering direct access to it's wooded trails and is adjacent to the Phantom Lake Loop, it feels secluded while remaining minutes from Downtown Bellevue, Redmond, Lake Sammamish, shopping, and employment centers. A very private pool, hot tub, expansive decking, and cabana with an outdoor kitchen, combined, create a resort-like setting. The seller will consider owner financing to qualified buyers too! With excellent bones, rare privacy, dual parcels, and significant value-added potential (instant equity), this is a truly distinctive opportunity! For more detailed information, and plat maps, just ask your favorite real estate broker!

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Single Family Active

Price

$ 2,499,000

Bedrooms

5

Full Bath

4

Half Bath

1

Property Type

Single Family

Taxes

$ 6,004

Style

Modern

Lot Size

1.2671

Year Built

1961

Town/City

Bellevue

County/Region

King

MLS | Web ID

2533193

Features
General
Living Area 4870
Sewer Sewer Connected
Heating Forced Air
Cooling None
Possession Closing Negotiable
Roof Metal
Appliances Dishwasher Disposal Dryer Refrigerator Stove(s)/Range(s) Washer
HOA Fee 0
Architectural Style Modern
Pool Features In Ground
Security Features Partially Fenced
Year Built 1961
View See Remarks Territorial
Topography Level Partial Slope Sloped
Levels Multi/Split
Property Subtype Single Family Residence
Tax Year 2024
Building Name LAKE HILLS 15
County King
New Construction N
Property Type Residential
HOA N
Attached Garage Y
Subdivision Name Lake Hills
Facing Direction Southwest
Garage Y/N Y
Full Baths 1
Special Listing Conditions None
Status Active
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!
High School Sammamish Snr High
City Bellevue
Entry Location Main
Senior Community Y/N N
High School District Bellevue
MLS Area 530 - Bellevue/East of 405
Lot Size Units Square Feet
Lot Size Square Feet 55195
Carport Y/N N
Listing Terms Cash Conventional Owner Will Carry See Remarks VA Loan
Elementary School Phantom Lake Elem
Land Lease Y/N N
Tax Annual Amount 6004
Middle/Junior High School Odle Mid
Property Condition Good
Public Remarks $807 000.00 below the King Countys assessed 2026 value of $3 306 000! Set on 1.27 acres across two legal parcels this private mid-century modern estate is move in ready and offers over 4 000 SF of li
Structure Type House
Building Area Units Square Feet
Standard Status Active
Water Company City of Bellevue
Property Style 15 - Multi Level
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Interior
Interior Amenities Bath Off Primary Dining Room Fireplace Loft Vaulted Ceiling(s) Walk-In Closet(s) Wet Bar
Basement Daylight Finished
Flooring Hardwood Stone Carpet
Total Fireplaces 5
Fireplace Features Wood Burning
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N Y
Half Baths 1
3/4 Baths 3
Total Bedrooms 5
Main Level Bedrooms 2
Total Baths 5
Fireplaces Main 3
Fireplaces Lower 2
Power Production Type Electric Natural Gas
Baths Three Quarter Garage 0
Baths Three Quarter Lower 1
Baths Three Quarter Main 1
Baths Three Quarter Upper 1
Bedrooms Lower 1
Bedrooms Upper 2
Baths Half Upper 0
Baths Half Main 1
Baths Half Lower 0
Baths Half Garage 0
Baths Full Upper 0
Baths Full Main 1
Baths Full Lower 0
Baths Full Garage 0
Bathrooms 3.75
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Exterior
Exterior Amenities Brick Wood Wood Products
Vegetation Garden Space Wooded
Parking Features Driveway Attached Garage Off Street RV Parking
Lot Features Adjacent to Public Land Cul-De-Sac Dead End Street Drought Resistant Landscape Paved Secluded
Water Source Public
Total Parking 2
Inclusions Dishwasher(s) Dryer(s) Garbage Disposal Refrigerator(s) Stove(s)/Range(s) Washer(s)
Foundation Details Poured Concrete
Spa Y
Building Area Total 4870
Lot Dimensions 216 X 276 X 372 X 69
Lot Size Acres 1.2671
Waterfront Y/N N
Covered Spaces 2
Irrigation Water Rights Y/N N
Site Features Cabana/Gazebo Cable TV Deck Fenced-Partially Gas Available High Speed Internet Hot Tub/Spa Patio RV Parking
Pool Type In-Ground
Lot Number 2
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Internal Only
OriginalMLSID NWM2533193
Street Number 1 16521
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* Excluded Features
List By
Wayne Kwiatkowski

Listing Agent

Coldwell Banker Bain

Broker

Affordability Calculator

$16,279
Per Month
97%
3%
0%
Monthly Principal & Interest
$15,779
Monthly Property Taxes
$500
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
4243377 Elementary School
257161 Middle School
Sammamish Snr High High School
Pricing History
DatePricePrice ChangeDescription
7/14/2026$2,499,000 -6.02% Price Down
6/1/2026$2,659,000 Listed Price

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16521 NE 1st Place, Bellevue, WA, 98008 is a Single Family Home for sale at $2,499,000 with 4,870 sqft and a lot size of 1.2671. 16521 NE 1st Place has 5 bedrooms, 4.1 baths, and was built in 1961. The property's zip code is 98008 which is in Bellevue, WA