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16521 NE 1st PlaceBellevue, WA 98008

For Sale

$2,449,000

Smart Buyer Rebate $24,490

$850,000.00 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!

Listed by Wayne Kwiatkowski

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Coldwell Banker Bain

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360-961-1169

Listed by Max Kwiatkowski

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Coldwell Banker Bain

Last updated October 22, 2026

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Source: NWMLS #2533193

Listing Facts

  • TypeSingle-family
  • NeighborhoodLake Hills
  • Bedrooms5
  • Bathrooms5
  • Days on Prevu155
  • Taxes$6,004/year
  • Size4,870 sqft
  • Price per sqft$503

Amenities

  • Dishwasher
  • Washer/Dryer
  • Pets Allowed
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

10/20/2026
Price Decreased
$2,449,000
09/03/2026
Status changed to Active
$2,499,000
09/02/2026
Status changed to Expired
$2,499,000
07/14/2026
Price Decreased
$2,499,000
05/29/2026
Listed by Coldwell Banker Bain
$2,659,000
  1. 10/20/2026$2,449,000
    Price Decreased
  2. 09/03/2026$2,499,000
    Status changed to Active
  3. 09/02/2026$2,499,000
    Status changed to Expired
  4. 07/14/2026$2,499,000
    Price Decreased
  5. 05/29/2026$2,659,000
    Listed by Coldwell Banker Bain

Property Details for 16521 NE 1st Place

Exterior

Construction

  • Property Condition: Good
  • Roof: Metal
  • Structure Type: House
  • Year Built: 1961
  • Architectural Style: Modern
  • Building Name: LAKE HILLS 15
  • Construction Materials: Brick, Wood, Wood Products
  • Entry Location: Main
  • Exterior Features: Brick, Wood, Wood Products

Features

  • Direction Faces: Southwest
  • Pool Features: In Ground
  • View: See Remarks, Territorial

Measurements

  • Building Area Total: 4,870
  • Building Area Units: Square Feet
  • Lot Features: Adjacent To Public Land, Cul-De-Sac, Dead End Street, Drought Resistant Landscape, Paved, Secluded
  • Lot Size Acres: 1.26
  • Lot Size Dimensions: 21,627,637,269
  • Lot Size Square Feet: 55,195
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 3625059119
  • Tax Annual Amount: $6,004.00
  • Tax Year: 2024

Interior

Features

  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Stove(s)/Range(s), Washer
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Fireplaces Total: 5
  • Flooring: Hardwood, Stone, Carpet
  • Interior Features: Bath Off Primary, Dining Room, Fireplace, Loft, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Spa: Yes

Measurements

  • Living Area: 4,870

Rooms

  • Basement: Daylight, Finished
  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms Three Quarter: 3
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 5
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2

Other

Location

  • Subdivision Name: Lake Hills

Parking

Parking

  • Attached Garage: Yes
  • Covered Spaces: 2
  • Garage: Yes
  • Parking Features: Driveway, Attached Garage, Off Street, RV Parking
  • Parking Total: 2

Schools

Elementary School

  • Elementary School: Phantom Lake Elem

High School

  • High School: Sammamish Snr High
  • High School District: Bellevue

Middle or Junior School

  • Middle Or Junior School: Odle Mid

Utilities

Equipment

  • Has Heating: Yes
  • Sewer: Sewer Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 5 bedrooms and 5 bathrooms in this single-family home at 16521 NE 1st Place.

What schools are nearby to 16521 NE 1st Place?

Nearby schools include the Phantom Lake Elem Elementary School, Odle Mid Middle School, and Sammamish Snr High.

Does this single-family home have parking?

Yes, there are 2 parking spaces available for 16521 NE 1st Place.

What are the annual taxes for 16521 NE 1st Place?

Annual taxes for this single-family home are estimated at $6,004.

How does 16521 NE 1st Place compare to other single-family homes in Lake Hills?

This single-family home is listed 35% above the average price for single-family homes in Lake Hills and has been on the market for 75 more days than the typical home in this area.

What building or home owners association is the single-family home part of?

This single-family home is in the LAKE HILLS 15 building.

What is the square footage on this single-family home?

According to the MLS, this listing is 4,870 sqft.

16521 NE 1st Place is a 5-bedroom, 5-bath single-family home for sale in Bellevue WA 98008. Available on Prevu for 155 days at $2,449,000. This includes a recent price decrease of $50,000. This property features 4,870 square feet of living space, located in Lake Hills. The median listing price for single-family homes in this area is $1,699,000. Nearby schools include Phantom Lake Elem Elementary School, Odle Mid Middle School, and Sammamish Snr High. The home offers dishwasher, pets allowed, parking, swimming pool, and washer/dryer. View other single-family home listings in Bellevue.

Based on information from NWMLS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.