$1,550,000
Est. $7,821/mo3 bd•2 ba•1,280 sq ft
7740 196th Avenue Ne, Redmond, WA 98053
• Listed 2025-03-10•76 days on market
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This unique property presents significant potential for investors, developers, and visionaries. Located on a nearly 2-acre, flat, sunlit corner lot in a highly sought-after area. Equipped with water, gas, electricity, and septic tank. The vintage home, with some renovation, could generate rental income or serve as a transitional investment while planning future expansion. This site features no HOA and RA5P zoning. Your custom home, ADU awaits or pursuing long-term land appreciation. Amazing location within minutes to major shopping center, tech campus, and freeway. This property provides numerous opportunities!
$877,000
-$673,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $813K and $1.05M.
Rental earnings
$2,625/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$985,000Last sold price
20904 Ne 91st Street, Redmond, WA 98053

$1,050,000Last sold price
9220 211th Place Ne, Redmond, WA 98053
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
7740 196th Avenue Ne, Redmond, WA 98053
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.
Neighborhood mobility
$8,623 per month
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of March 26, 2026 at 07:42am (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.
Equal Housing Opportunity. RexMont Real Estate is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
Listed by Grace Lazarus • John L. Scott, Inc.
Listing updated: March 26, 2026 at 07:42am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2340879
Open Thu, Jun 11 +4
Open Fri, Jun 12 +2
Open Fri, Jun 12 +2
Open Sat, Jun 13 +3
Open Sun, Jun 14Redmond is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 6 days.
$1,810,000 Sold
3 weeks ago
4 bd•2.5 ba•~3,910 sq ft•Single Family
8202 196th Avenue Ne, Redmond, WA 98053
5%
Under list
—
Days on market
0.1 mi
Distance
$842,500 Sold
4 weeks ago
3 bd•1.5 ba•~1,517 sq ft•Single Family
7528 206th Place Ne, Redmond, WA 98053
6%
Under list
—
Days on market
0.7 mi
Distance
$2,395,000 Sold
6 weeks ago
4 bd•3 ba•~4,060 sq ft•Single Family
20427 Ne 64th Place, Redmond, WA 98053
0%
Over list
—
Days on market
0.9 mi
Distance
$1,000,000 Sold
4 months ago
5 bd•1 ba•~2,050 sq ft•Single Family
9120 209th Avenue Ne #ne, Redmond, WA 98053
13%
Under list
—
Days on market
1.0 mi
Distance
$985,000 Sold
6 months ago
3 bd•1 ba•~1,600 sq ft•Single Family
20904 Ne 91st Street, Redmond, WA 98053
0%
Under list
—
Days on market
1.0 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
Lake Washington 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.