7001 242nd Avenue NE, Redmond, WA 98053

$1,299,000
4
BD
3
BA
3,040
SqFt

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Listing courtesy of Windermere Real Estate/East.

List Price
$1,299,000
Status
ACTIVE
MLS#
2580429
Days on Market
0
Bedrooms
4
Finished SqFt
3,040
Area Total SqFt
3040
Annual Tax Ammount
1270
Lot Size (sq ft)
214,500
Fireplace
Yes
Sewer
Septic Tank

Property Description

A rare 4.92-acre property offering close-in acreage in the heart of Union Hill. Tucked away at the back of Swan Lake Estates on a quiet, dead-end road, this privately gated property is largely cleared, sunny, and bordered by a creek for added privacy—all while surrounded by $2Million+ estate homes. The existing home offers more than 3,000 square feet with 4 bedrooms, an office, bonus space, oversized laundry room, and a daylight basement—providing an incredible opportunity to renovate and create something truly special. A detached garage and woodshed add even more flexibility. The bones are here; with some TLC, this property could be phenomenal. Or reimagine the property entirely and create your dream estate, with room for expansive lawns, gardens, a shop, equestrian amenities, or additional outbuildings. With no CCRs, the possibilities are extensive. A unique combination of privacy, usable acreage, versatility, and an estate-worthy setting—all just minutes from downtown Redmond.

Additional Information

Community
Union Hill
Style
16 - 1 Story w/Bsmnt.
Basement
Daylight
Year Built
1973
Total Covered Parking
3
Waterfront
Yes
Waterfront Description
Creek
View
Territorial
Roof
Composition
Site Features
Deck, Fenced-Partially, Gated Entry, Outbuildings, Patio, Propane
Tax Year
2026
School District
Lake Washington
Elementary School
Alcott Elem
Middle School
Evergreen Middle
High School
Eastlake High
Potential Terms
Cash, Rehab Loan, See Remarks
Interior Features
Bath Off Primary, Dbl Pane/Storm Window, Dining Room, Fireplace, Vaulted Ceiling(s)
Flooring
Concrete, Hardwood, Stone, Vinyl, Carpet
Driving Directions
From Hwy 520, turn east onto Union Hill Rd & follow for about 4.2 miles. Fork south (right) onto 238th Ave NE, then left back onto NE Union Hill Rd. Left onto 240th Way NE. Home has own private gate.
Appliance
Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
Appliances Included
Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Energy Source
Electric, Propane, Wood
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.
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