About 16521 Ne 1st Place
$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!
Open House
Features of 16521 Ne 1st Place
| MLS® # | 2533193 |
|---|---|
| Price | $2,499,000 |
| Bedrooms | 5 |
| Bathrooms | 3.75 |
| Full Baths | 1 |
| Half Baths | 1 |
| Square Footage | 4,870 |
| Acres | 1.27 |
| Year Built | 1961 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Modern |
| Status | Active |
Community Information
| Address | 16521 Ne 1st Place |
|---|---|
| Area | 530 - Bellevue/East of 405 |
| Subdivision | Lake Hills |
| City | Bellevue |
| County | King |
| State | WA |
| Zip Code | 98008 |
Amenities
| Parking Spaces | 2 |
|---|---|
| Parking | Driveway, Attached Garage, Off Street, RV Parking |
| View | See Remarks, Territorial |
| Is Waterfront | No |
Interior
| Interior Features | Bath Off Primary, Dining Room, Fireplace, Loft, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar |
|---|---|
| Appliances | Dishwasher, Disposal, Dryer, Refrigerator, Stove(s)/Range(s), Washer |
| Heating | Forced Air |
| Cooling | None |
| Fireplace | Yes |
| # of Fireplaces | 5 |
| Fireplaces | Wood Burning |
Exterior
| Exterior Features | Brick, Wood, Wood Products |
|---|---|
| Lot Description | Adjacent to Public Land, Cul-De-Sac, Dead End Street, Drought Resistant Landscape, Paved, Secluded |
| Foundation | Poured Concrete |
School Information
| District | Bellevue |
|---|---|
| Elementary | Phantom Lake Elem |
| Middle | Odle Mid |
| High | Sammamish Snr High |
Additional Information
| Date Listed | May 29th, 2026 |
|---|---|
| Days on Market | 282 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Coldwell Banker Bain |
|---|