16521 NE 1st Place Bellevue WA 98008 | MLS #NWM2533193

16521 NE 1st Place
Bellevue, WA, 98008
$2,499,000
5 Beds
5 Baths
4,870 SqFt
1.27 Acres
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Listing Provided Courtesy of Coldwell Banker Bain
Open House Sep 13, 2026
01:30 – 03:30
$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!

Property Details

Price:
$2,499,000
MLS #:
NWM2533193
Status:
Active
Beds:
5
Baths:
5
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Lake Hills
Neighborhood:
530bellevueeastof405
Listed Date:
May 29, 2026
Finished Sq Ft:
4,870
Total Sq Ft:
4,870
Lot Size:
55,195 sqft / 1.27 acres (approx)
Year Built:
1961
ModernSecludedPoolLake Hills 15530 – Bellevue/east Of 405530bellevueeastof405Lake HillsBellevuePhantom Lake ElemOdle MidSammamish Snr High

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Schools

School District:
Bellevue
Elementary School:
Phantom Lake Elem
Middle School:
Odle Mid
High School:
Sammamish Snr High

Interior

Appliances
Dishwasher, Disposal, Dryer, Refrigerator, Stove(s)/Range(s), Washer
Bathrooms
1 Full Bathroom, 3 Three Quarter Bathrooms, 1 Half Bathroom
Cooling
None
Fireplaces Total
5
Flooring
Hardwood, Stone, Carpet
Heating
Forced Air
Interior Features
Bath Off Primary, Dining Room, Fireplace, Loft, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
Levels
Multi/Split
Main Level Bathrooms
3
Main Level Bedrooms
2

Exterior

Architectural Style
Modern
Attached Garage YN
1
Construction Materials
Brick, Wood
Covered Spaces
2
Direction Faces
Southwest
Exterior Features
Brick, Wood, Wood Products
Lot Features
Adjacent to Public Land, Cul-De-Sac, Dead End Street, Drought Resistant Landscape, Paved, Secluded
Parking Features
Driveway, Attached Garage, Off Street, RV Parking
Parking Spots
2
Parking Total
2
Roof
Metal
Security Features
Partially Fenced
View
See Remarks, Territorial

Financial

Tax Year
2024
Taxes
$6,004

Map

Community

Market Summary

Current real estate data for Single Family in Bellevue as of Sep 12, 2026
451
Single Family Listed
62
Avg DOM
796
Avg $ / SqFt
$2,825,543
Avg List Price

Property Summary

    Located in the Lake Hills subdivision, 16521 NE 1st Place Bellevue WA is a Single Family for sale in Bellevue, WA, 98008. It is listed for $2,499,000 and features 5 beds, 5 baths, and has approximately 4,870 square feet of living space, and was originally constructed in 1961. The current price per square foot is $513. The average price per square foot for Single Family listings in Bellevue is $796. The average listing price for Single Family in Bellevue is $2,825,543. To schedule a showing of MLS#nwm2533193 at 16521 NE 1st Place in Bellevue, WA, contact your Best in the West agent at 206-351-5550.

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