24624 NE 18th Street, Redmond, WA 98074
- $1,599,988
- 3
- BD
- 1
- BA
- 1,000
- SqFt
Listing Broker: RE/MAX Northwest; Laura M. Ford; 206-380-8700; laura@laura-ford.com
- List Price
- $1,599,988
- Status
- ACTIVE
- MLS#
- 2589458
- Days on Market
- 0
- Bedrooms
- 3
- Baths
- 1
- Finished SqFt
- 1,000
- Area Total SqFt
- 1000
- Annual Tax Ammount
- 6455
- Internet Provider
- Xfinity
- Lot Size (sq ft)
- 125,962
- Fireplace
- Yes
- Sewer
- Available, Septic Tank
Property Description
RARE SAMMAMISH DEVELOPMENT OPPORTUNITY! Nearly 2.9 acres of R-4 land adjacent to the recently approved Kensington Enclave community. The property's primary value is in the land and its future development potential rather than the existing residence. The current home is occupied, offered strictly as-is, and should be considered a potential tear-down or interim use rather than a traditional residential purchase.Preliminary analysis suggests the property may support multiple future residential lots under its existing R-4 zoning, with a theoretical density of approximately 11 lots before accounting for site-specific constraints. The adjacent Kensington Enclave provides a compelling development precedent, with 43 residential lots approved on approximately 11.7 acres.Important: Actual development yield is not guaranteed and will depend on wetlands, critical areas and buffers, tree retention, topography, stormwater, access, utilities, engineering and City approval. Buyer to conduct their own feasibility and due diligence.Value is primarily in the land. Existing residence conveys strictly as-is.
Additional Information
- Community
- Sammamish
- Style
- 10 - 1 Story
- Basement
- None
- Year Built
- 1970
- Total Covered Parking
- 1
- Parking Spaces
- 1
- View
- Mountains, Territorial
- Roof
- Composition
- Site Features
- Barn, Cable TV, High Speed Internet
- Tax Year
- 2025
- School District
- Lake Washington
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Potential Terms
- Cash, Conventional
- Interior Features
- Fireplace, Water Heater
- Flooring
- Vinyl, Carpet
- Driving Directions
- I-90 E to Exit 17. L Front St. Continue E Lake Sammamish Pkwy. R SE 43rd Way/228th Ave SE. R NE 8th St. L 244th Ave NE. R NE 18th St. Property on R.
- Appliance
- Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
- Appliances Included
- Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Water Heater Location
- closet
- Water Heater Type
- electric
- Energy Source
- Electric
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.