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Listed by Haleh Clapp • COMPASS.
FOR SALE

$6,499,000

Est. $35,998/mo

Price reduced $500,000 from the original $6,999,000 asking price

2 bd•2 ba•1,330 sq ft

450 Overlake Drive E, Medina, WA 98039

• Listed Jan 28, 2025•499 days active · 499 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: COMPASS; Haleh Clapp; 310-430-8672; haleh@halehclapp.com

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Listing Broker: COMPASS; Haleh Clapp; 310-430-8672; haleh@halehclapp.com

About this home

Desirable street-to-water lot with panoramic views and no bank waterfront on Lake Washington's Meydenbauer Bay. Enjoy gorgeous and expansive views of Mt. Rainier and the downtown Bellevue skyline. Idyllic setting inspires outdoor living and affords a front-row seat to fireworks displays and year-round activities on the lake. Rare boathouse at water’s edge. With endless possibilities of building your dream home, this unique property is a once in a lifetime opportunity. Highly rated Medina and Bellevue Schools. Easy access to freeways, Bellevue, and Seattle.

Property type
Single Family
Year built
1923
Interior
1,330 sq ft
Lot size
0.2755 acres
Parking
None
Price / sq ft
$4886
HeatingBaseboard, Forced Air
CoolingNone
Property taxes$32,572/yr (est.)
School districtBellevue

Listed by Haleh Clapp • COMPASS

Listing updated: September 17, 2026 at 11:27am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2326837

Open houses

No upcoming open houses scheduled for this property.

Around this home

RexMont OfferEdge™

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450 Overlake Drive E, Medina, WA 98039

List price
$6,499,000
Down payment
$1,299,800

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Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.

Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.

Property details

Interior features

  • Fireplace
  • Water Heater
  • Fireplace (gas)
  • Daylight basement

Kitchen

  • Dishwasher
  • Dryer
  • Microwave
  • Refrigerator
  • Stove(s)/Range(s)
  • Washer

Bedrooms

  • 2 bedrooms total
  • 2 on the main level

Bathrooms

  • 2 full bathrooms
  • 1 on the main level

Layout

  • 1 Story w/Bsmnt.
  • 1,330 sq ft finished, 360 sq ft unfinished

Flooring

  • Ceramic Tile
  • Hardwood
  • Carpet

Heating & cooling

  • Baseboard heating
  • Forced Air heating
  • None cooling

Schools

Ratings via SchoolDigger

Bellevue School District

Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.

Single-family home facts

As entered by the listing broker on Northwest MLS

Lot & site

Topography
Level,Partial Slope
Zoning jurisdiction
City

Systems

Energy source
Natural Gas
Power production
Natural Gas
Water heater
Gas
Water heater location
lower level
Power company
PSE
Water company
City of Bellevue
Sewer company
City of Bellevue
Irrigation water rights
No

Rooms & extras

Bathtubs
2
Showers
2
Fireplaces lower level
1

New construction

Square footage source
KC Records
Lot size source
KC Records

Manufactured home

Land lease
No

Neighborhood mobility

Doorstep, Pedal & Station Scores

Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.

Ground Truth™

The ground, the slope, the flood zone and the noise at this address

Read from public hazard, flood, terrain and noise maps for this exact home.

Address Insider™

The members' report

Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.

Members

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Sales & Tax Records for 450 Overlake Drive E

NWMLS via MLS Grid · King County Assessor

Every listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.

  1. Sep 17, 2026
    Price reduced
    NWMLS via MLS Grid · #2326837
    $6,499,000
    $4,886/sq ft
  2. Jan 28, 2025
    Listed
    NWMLS via MLS Grid · #2326837
    $6,999,000
    $5,262/sq ft
  3. Aug 29, 2006
    Recorded sale
    King County recorder · Statutory warranty deed
    $1,285,000
    $966/sq ft

Mortgage payment forecast

$40,337 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Source: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

Commute times

Driving times to major Puget Sound employers, modeled at a typical Tuesday 8:30am rush hour. Powered by Google Maps live traffic data.

Microsoft (Redmond)

13 min7.1 mi

Peak (Tue 8:30am)

Amazon HQ (Seattle)

15 min9.2 mi

Peak (Tue 8:30am)

Google (Kirkland)

15 min7.4 mi

Peak (Tue 8:30am)

Downtown Bellevue

4 min1.4 mi

Peak (Tue 8:30am)

Downtown Seattle

18 min9.9 mi

Peak (Tue 8:30am)

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Listing Broker: COMPASS; Haleh Clapp; 310-430-8672; haleh@halehclapp.com

Market pulse

Medina is a buyer's market.

Inventory is rising and homes are sitting longer. Buyers have room to negotiate.

Buyer's marketSeller's market
  • Offer insight: Sellers are often willing to negotiate on price and terms.

  • List to sale price: The average home sells for about 4% below list price.

  • Time on market: The average home goes pending in around 120 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $6,915,000 Sold

    3 weeks ago

    5 bd•6.25 ba•~5,863 sq ft•Single Family

    8826 NE 2nd Place, Medina, WA 98039

    6%

    Under list

    107

    Days on market

    0.2 mi

    Distance

  • $4,250,000 Sold

    8 weeks ago

    4 bd•2.5 ba•~3,560 sq ft•Single Family

    842 84th Avenue NE, Medina, WA 98039

    6%

    Under list

    82

    Days on market

    0.4 mi

    Distance

  • $4,525,000 Sold

    4 months ago

    4 bd•4.5 ba•~5,030 sq ft•Single Family

    8105 Overlake Drive W, Medina, WA 98039

    2%

    Under list

    43

    Days on market

    0.4 mi

    Distance

  • $1,920,000 Sold

    4 months ago

    3 bd•1.75 ba•~1,536 sq ft•Single Family

    8437 NE 10th Street, Medina, WA 98039

    20%

    Under list

    —

    Days on market

    0.4 mi

    Distance

  • $11,550,000 Sold

    4 months ago

    6 bd•5 ba•~8,570 sq ft•Single Family

    7735 Overlake Drive W, Medina, WA 98039

    4%

    Under list

    80

    Days on market

    0.6 mi

    Distance

Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.

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Market data from MLS GRID / NWMLS · Updated Oct 2026

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of September 17, 2026 at 11:27am (date and time MLS GRID Data was obtained). 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.

Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

© 2026 Northwest Multiple Listing Service. All rights reserved.

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