About this home

Builder Alert! Prime Development Opportunity in Redmond. Two Ready-to-Develop Lots on 148th Ave NE. Presenting an exceptional opportunity for builders and developers in the heart of Redmond! These two spacious lots are ideally situated between 148th - 149th Ave NE, right where NE 76th Street ends. This location is perfect for a new residential project. The lots can accommodate up to 10 SFRs or 16 modern townhomes. Whether you are looking to build comfortable family homes or stylish townhouses, this property provides the flexibility and space needed for a successful development. Currently, there is one existing home built in 1972. Developers may choose to renovate, repurpose, or remove this structure to make way for new construction.

Location

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Basics

Property type: Single Family Residence
Style: 1 Story
Stories: 1 story
Year built: 1972
Lot size: 59,976 sq ft (1.38 acres)
County: King
MLS #: NWM2447834

Interior

Heating: Baseboard
Cooling: None
Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Stove(s)/Range(s), Washer
Entry level: Main

Exterior & lot

Exterior features: Wood, Wood Products
Roof: Composition
Foundation: Poured Concrete
Waterfront: No

Parking

Carport: Yes
Covered spaces: 2
Parking features: Detached Carport

Utilities

Water: Public
Sewer: Sewer Connected
Power: Electric

Community & fees

Subdivision: Grass Lawn Park
Property tax: $8,830 (2025)

Transaction

Original list price: $8,000,000 (12.5% price cut)
Listed on: Oct 23, 2025
Days on market: 122
Price per sq ft: $4,268
Listing terms: Cash, Conventional
Possession: Closing

More homes nearby

King County homes for sale Redmond homes for sale 98052 homes for sale Grass Lawn homes for sale

Schools

School district: Lake Washington

Elementary: Buyer To Verify
Middle: Buyer To Verify
High: Lake Washington High School
SchoolDigger 5 stars · Top 5% in WA

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Listing provided courtesy of: eXp Realty

Listing agent: Darcel Fogerty.

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 2026-09-12.