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16521 NE 1st PlaceBellevue, WA 98008

For Sale

$2,950,000

Smart Buyer Rebate $29,500

Discover a rare private retreat tucked between the energy of Bellevue and the natural beauty of Lake Sammamish. This original Bavarian-inspired mid-century modern estate spans 1.27 acres (Over 55,000 Square Feet) across two separate tax parcels, offering exceptional privacy and direct adjacency to Weowna Park’s miles of wooded trails, and the Phantom Lake Loop. Nearly 5,000 sq ft of living space showcases vaulted ceilings, walls of windows, iconic mid-century details, and four fireplaces that bring warmth and character to the expansive layout. Flexible living areas allow for multigenerational living, home offices, or creative studio space, while the home’s architectural integrity offers an ideal canvas for thoughtful updates or preservation. Designed for entertaining, the resort-style grounds feature a swimming pool with generous decking, hot tub, and an outdoor Cabana with kitchen, all surrounded by lush, park-like landscaping that feels worlds away from the city. Just minutes to top-rated schools, shopping, dining, and major tech campuses, this estate delivers unmatched privacy, distinctive architecture, and dual parcels—creating a truly one-of-a-kind opportunity in the Bellevue market. In summery, this property offers the buyer a classic Mid-Century Modern home, that has the much desired “Good Bones” factor, incredible investment and upside potential, with it’s two separate lots, and a huge privacy factor, with the closest neighbor being nearly 150 feet away.

Listed by Wayne Kwiatkowski

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Coldwell Banker Bain

Listed by Max Kwiatkowski

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Coldwell Banker Bain

Last updated March 06, 2026

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Source: NWMLS #2468833

Listing Facts

  • TypeSingle-family
  • NeighborhoodLake Hills
  • Bedrooms5
  • Bathrooms5
  • Days on Prevu60
  • Taxes$6,004/year
  • Size4,870 sqft
  • Price per sqft$606

Amenities

  • Pets Allowed
  • Parking
  • Swimming Pool

Location

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Listing History

01/15/2026
Listed by Coldwell Banker Bain
$2,950,000

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(s), Disposal, Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Fireplaces Total: 5
  • Flooring: Hardwood, Stone, Carpet
  • Interior Features: Bath Off Primary, Dining Room, Fireplace, Loft, Vaulted Ceilings, 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 14% above the average price for single-family homes in Lake Hills and has been on the market for 18 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. On Prevu for 60 days at $2,950,000. This residence features 4,870 square feet of living space, located in Lake Hills. The median listing price for single-family homes in this area is $2,434,995. Nearby schools include Phantom Lake Elem Elementary School, Odle Mid Middle School, and Sammamish Snr High. The home offers pets allowed, parking, and swimming pool. 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.