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Listing Firm: John L. Scott, Inc.: Grace Lazarus

Active
NWMLS # 2340879

7740 196th Avenue NE, Redmond, WA 98053-4710

Listings with the three tree icon are courtesy of NWMLS

About This Property

Exceptional Investment Opportunity!This rare property offers limitless potential for investors, developers & visionaries.Situated on a prime shy 2-acre, flat, sun-filled corner lot,this parcel is an outstanding asset in a high-demand location.Water, gas, electricity & septic available on property, streamlining development opportunities.The vintage home, with some renovation,could generate rental income or serve as a transitional investment while planning future expansion.This highly visible site presents unparalleled value.No HOA restrictions.RA5P zoning. Whether you envision a custom home, business venture or long-term land appreciation,the possibilities are boundless. Don’t miss this truly rare find—seize this investment before it’s gone!

Aris360 Last Checked: Just Now (Jul 05, 2025 06:54 PM)

  • Source: NWMLS as Distributed by MLS Grid #2340879

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: 196th
  • Zip/Postal Code: 98053
  • City: Redmond

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$3,847 per month
Principal & Interest
Home Insurance
Property Taxes

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Loan Detail

Interest Rate

According to icanbuy, the average interest rate for a 30-year fixed loan in 98102 is 7.009%. Compare current rates

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Property Features

  • County
    • Union Hill
  • Community
    • 550 - Redmond/Carnation
  • MLS Area
    • 550 - Redmond/Carnation
  • Longitude
    • -122.078236
  • Latitude
    • 47.674479
  • Directions
    • From NE Union Hill Road, right at round-about onto 196th Ave NE, house/ property on left on corner.

  • Power Production Type
    • Electric
  • Full Baths
    • 2
  • Basement Description
    • None,

  • Style
    • 12 - 2 Story
  • Vegetation
    • Garden Space,
  • Lot Description
    • Corner Lot,
    • Paved,
    • Value In Land,
  • Topography
    • Level
  • Elevation
    • Feet
  • Water Source
    • Public,
  • Exterior
    • Wood
  • Site Description
    • Outbuildings,RV Parking
  • Roof
    • Composition,
  • Septic or Sewer
    • Septic Tank,
  • Lot Size in Acres
    • 2

  • Water
    • City of Redmond
  • Buildings
    • Built On Lot
  • Building Total Area (Sq. Ft.)
    • 85481
  • Has View
    • Yes
  • Parking Description
    • Driveway,
    • RV Parking,
  • View Description
    • Territorial,

  • High School District
    • Lake Washington
  • Jr. High School
    • Evergreen Middle
  • Elementary School
    • Dickinson Elem
  • High School
    • Eastlake High

  • Possession
    • Closing,
  • Property Type
    • Residential
  • Property SubType
    • Single Family Residence
  • Tax Year
    • 2024
  • Structure Type
    • Single Family,
  • Tax Amount
    • $4972
  • Year Built
    • 1911
  • Status
    • Active

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Disclaimer: Based on information submitted to the MLS GRID as of Sat Jul 05 2025 . 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.

Jul 05, 2025 06:54 PM