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 HighSchoolDigger 4 stars · Top 24% in WA

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.