$1,550,000
Est. $7,813/mo7740 196th Avenue Ne, Redmond, WA 98053
• Listed 2025-03-10•2 days on market
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Based on information submitted to the MLS GRID as of June 16, 2026 at 10:33am (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.
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Prime development opportunity! Unleash your vision and imagination—boundless opportunities await for a custom home, or potential school, any business ventures in this highly desirable & visible Union Hill location. This precious & sought-after shy 2-acre parcel sits on a flat, cleared & sun-filled corner lot! Water, gas, electricity & septic available on property. With some work, the vintage home could be income-producing investment property. Unlimited potential! Unparalleled location, just minutes to I-520, Costco, Bellevue, shopping& parks. No HOA. Zoned RA5P. Value in land! LKWA schools. Lot 2 is also for sale / MLS# 2415276! Buyer to verify all info. Exceptional investment opportunity! Truly rare find!
Listed by Grace Lazarus • John L. Scott, Inc.
Listing updated: June 16, 2026 at 10:33am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2343010
Open houses
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Nearby open houses (8)
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Open Sat, Jun 20
Open Sat, Jun 20 +1
Open Sat, Jun 20
Open Sat, Jun 20 +3
Open Sat, Jun 20$812,000
-$738,000 under list price
Nearby comparable homes
RexMont uses 2 strongest recent nearby sales, priced between $798K and $825K.
Rental earnings
$2,425/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$798,000Last sold price
23136 Ne 127th Way, Redmond, WA 98053
$825,000Last sold price
13667 Morgan Drive 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.
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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.
Redmond 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
4 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
5 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
7 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
