7001 242nd Avenue NE · Redmond, WA 98053
Source: NWMLS · Windermere Real Estate/East · Sam Collins #NWM2580429
About this home
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.
Location
Basics
- Property type
- Single Family Residence
- Style
- 1 Story w/Bsmnt.
- Stories
- 1 story
- Year built
- 1973
- Lot size
- 214,500 sq ft (4.92 acres)
- County
- King
- MLS #
- NWM2580429
Interior
- Heating
- Forced Air
- Cooling
- None
- Flooring
- Concrete, Hardwood, Stone, Vinyl, Carpet
- Appliances
- Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
- Fireplace
- 2 · Wood Burning
- Interior features
- Bath Off Primary, Dbl Pane/Storm Window, Dining Room, Fireplace, Vaulted Ceiling(s)
- Entry level
- Main
Exterior & lot
- Exterior features
- Wood
- Roof
- Composition
- Foundation
- Poured Concrete
- Lot features
- Dead End Street, Paved, Secluded, Value In Land
- Topography
- Equestrian,Level,Partial Slope,Sloped
- View
- Territorial
- Waterfront
- Yes
Parking
- Parking spaces
- 3
- Garage
- Yes (attached)
- Covered spaces
- 3
- Parking features
- Attached Garage, Detached Garage
Utilities
- Water
- Public
- Sewer
- Septic Tank
- Power
- Electric, Propane, Wood
Community & fees
- Subdivision
- Union Hill
- Property tax
- $1,270 (2026)
Transaction
- Listed on
- Sep 10, 2026
- Days on market
- 5
- Price per sq ft
- $427
- Listing terms
- Cash, Rehab Loan, See Remarks
- Possession
- Closing
More homes nearby
Sale history
Earlier listings of this home on the MLS.
- 2026-09-10
- Pending$1,299,000
Schools
School district: Lake Washington
- Elementary
- Alcott Elem
- Middle
- Evergreen Middle
- High
- Eastlake High SchoolSchoolDigger 5 stars · Top 1% in WA

Listing provided courtesy of: Windermere Real Estate/East
Listing agent: Sam Collins.
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 2026-09-16.