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Courtesy of NWMLS / RE/MAX Northwest
$1,599,988 Sale
Listed 25 days ago
24624 NE 18th Street , Redmond, WA 98074
· 2
· 1
· 1
· 1000
Key Facts
Key facts for 24624 NE 18th Street , Redmond, WA 98074
Property Type
House, 10 - 1 Story
Parking
1 parking
MLS #
2589458
Size
1000 sqft
Basement
None
Listed on
-
Lot size
-
Tax
$6,455 /yr
Days on Market
-
Year Built
1970
Maintenance Fee
$ 0/mo
Description
RARE SAMMAMISH DEVELOPMENT OPPORTUNITY! Nearly 2.9 acres of R-4 land adjacent to the Kensington Enclave community. The property's primary value is in the land and its future development potential rather than the existing residence. The current home is occupied, offered strictly as-is, and should be ...considered a potential tear-down or interim use rather than a traditional residential purchase.Preliminary analysis suggests the property may support multiple future residential lots under its existing R-4 zoning, with a theoretical density of multiple lots before accounting for site-specific constraints. Important: Actual development yield is not guaranteed and will depend on wetlands, critical areas and buffers, tree retention, topography, stormwater, access, utilities, engineering and City approval. Buyer to conduct their own feasibility and due diligence. Value is primarily in the land. Existing residence conveys strictly as-is.
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Disclaimer: The information contained in this listing has not been verified by Laura M. Ford, RE/MAX Northwest and should be verified by the buyer.