17229 NE 40th Street Redmond, WA 98052

$2,400,000
0.59
Acres
$2,400,000
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pending
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4plex on large lot, 2 min from Microsoft. Value in land, Excellent development site for 2 luxury homes or long term hold with income stream. Views of Lake Sammamish from upper floor. Zoned R-4, Development site suitable for two large view homes with ADU units. Triplex has some remodel and updating.4th unit is spacious remodeled 2 bedroom/2 bath detached house. Property is well maintained and all systems are functioning and operable. Income producing property can generate $9,020 per month, during lot line adjustment process and approval through the city of Redmond. Highly desirable schools. 2 blocks from waterfront and Idylwood Park, lot is 25, 900 sq feet; 140 x 185, zoned R-4, 1 mile to Microsoft and light rail.

4plex on large lot, 2 min from Microsoft. Value in land, Excellent development site for 2 luxury homes or long term hold with income stream. Views of Lake Sammamish from upper floor. Zoned R-4, Development site suitable for two large view homes with ADU units. Triplex has some remodel and updating.4th unit is spacious remodeled 2 bedroom/2 bath detached house. Property is well maintained and all systems are functioning and operable. Income producing property can generate $9,020 per month, during lot line adjustment process and approval through the city of Redmond. Highly desirable schools. 2 blocks from waterfront and Idylwood Park, lot is 25, 900 sq feet; 140 x 185, zoned R-4, 1 mile to Microsoft and light rail.

  • Neighborhood
  • Type
  • County
    King
  • Area
    530 - Bellevue/East of 405
  • Tax Amount
    $11,032
  • Status
    Pending
  • Listing #
    2074033
  • Lot Size
    0.59
  • Listed on site
    184 days

Listed by:
Skyline Properties, Inc.

Listing information © 2023 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by LaVerne Pike - Windermere Real Estate - and should be verified by the buyer. The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Laverne Pike - Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2023-11-30 09:15:13. DMCA
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School Info

Property details

Community Features

  • No HOA

Property History

DateDays AgoEventNew Price
Oct 2, 20232 mos agoPrice decreased100,000 (4%)$2,400,000
Sep 19, 20232 mos agoPrice decreased200,000 (7%)$2,500,000
Aug 14, 20234 mos agoPrice decreased300,000 (10%)$2,700,000
May 29, 20236 mos agoNew on market$3,000,000
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