Rockhood
$2,449,000List price
5 bed · 4.5 bath · 4,870 sq ft
Active

16521 NE 1st Place · Bellevue, WA 98008

Source: NWMLS · Coldwell Banker Bain · Wayne Kwiatkowski #NWM2533193

About this home

Some homes reward a closer look. Offered at $850,000 below King County’s 2026 assessed value of $3,306,000, this private mid-century modern estate pairs a remarkable setting with exciting possibilities. Set on 1.27 acres across two legal parcels, the move-in-ready home offers over 4,000 square feet of living space, with soaring vaulted ceilings, expansive windows, and four fireplaces. --- Step outside to your own private retreat: a pool, hot tub, expansive decks, and a cabana with an outdoor kitchen create an inviting setting for summer gatherings and quiet evenings. Beside Weowna Park, with direct access to wooded trails and adjacent to the Phantom Lake Loop, the property offers a sense of seclusion just minutes from Downtown Bellevue, Redmond, Lake Sammamish, shopping, and major employment centers. --- Enjoy its distinctive character today while exploring the potential to make it your own. Generous acreage, two legal parcels, and room for future enhancements make this an opportunity worth discovering. The seller will also consider owner financing for qualified buyers. Ask your real estate broker for additional details and plat maps, and arrange your private tour.

Location

Basics

Property type
Single Family Residence
Style
Modern
Stories
Multi/split level
Condition
Good
Year built
1961
Lot size
55,195 sq ft (1.27 acres)
County
King
MLS #
NWM2533193

Interior

Heating
Forced Air
Cooling
None
Flooring
Hardwood, Stone, Carpet
Appliances
Dishwasher, Disposal, Dryer, Refrigerator, Stove(s)/Range(s), Washer
Fireplace
5 · Wood Burning
Interior features
Bath Off Primary, Dining Room, Fireplace, Loft, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
Entry level
Main

Exterior & lot

Exterior features
Brick, Wood, Wood Products
Roof
Metal
Foundation
Poured Concrete
Lot features
Adjacent to Public Land, Cul-De-Sac, Dead End Street, Drought Resistant Landscape, Paved, Secluded
Topography
Level,Partial Slope,Sloped
View
See Remarks, Territorial
Waterfront
No
Pool
In Ground

Parking

Parking spaces
2
Garage
Yes (attached)
Covered spaces
2
Parking features
Driveway, Attached Garage, Off Street, RV Parking

Utilities

Water
Public
Sewer
Sewer Connected
Power
Electric, Natural Gas

Community & fees

Subdivision
Lake Hills
Property tax
$6,004 (2024)

Transaction

Original list price
$2,659,000 (7.9% price cut)
Listed on
May 29, 2026
Days active
349
Price per sq ft
$503
Listing terms
Cash, Conventional, Owner Will Carry, See Remarks, VA Loan
Possession
Closing, Negotiable

More homes nearby

Schools

School district: Bellevue

Elementary
Phantom Lake Elem
Middle
Odle Mid
High
Sammamish Senior High
SchoolDigger 4 stars · Top 24% in WA

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Listing provided courtesy of: Coldwell Banker Bain

Listing agent: Wayne Kwiatkowski.

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 provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Data last updated 2026-11-05.