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Listed by Cat Flynn • HomeSmart Real Estate Assoc.
FOR SALE

$4,900,000

Est. $27,141/mo

Price reduced $500,000 from the original $5,400,000 asking price

31405 SE Redmond-Fall City Road, Fall City, WA 98024

• Listed Jul 15, 2025•395 days active · 395 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: HomeSmart Real Estate Assoc; Cat Flynn; 425-351-5292; catflynn@msn.com

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Listing Broker: HomeSmart Real Estate Assoc; Cat Flynn; 425-351-5292; catflynn@msn.com

About this home

35.8 ACRE LUXURY EQUESTRIAN CENTER. Build your dream home or subdivide to create multiple lots for a luxury equestrian lifestyle. An incredible Event location for spectacular parties or beautiful weddings. Sited above the valley floor this property offers 360 degree views which take in glorious Mt. Si & North Cascades. 2 sets of Nanawall doors open the 2nd floor luxury appointed viewing area to the indoor arena & also East to watch the sun rise. The 200'X80'(approx) indoor arena offers high tech Pinnacle Footing, no dust no watering necessary. 24 indoor stalls & 14 outdoor paddocks. Sonos sound system. All designed to create epic Entertainment & Memories. Located near Redmond, Sammamish & I-90 this Dream Opportunity Awaits Your Creativity.

Property type
Single Family
Year built
Not listed
Interior
Not listed
Lot size
35.7999 acres
Parking
None
Price / sq ft
Not listed
Property taxes$19,807.14/yr (est.)
School districtSnoqualmie Valley

Listed by Cat Flynn • HomeSmart Real Estate Assoc

Listing updated: September 17, 2026 at 11:29am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2394037

Open houses

No upcoming open houses scheduled for this property.

Around this home

RexMont OfferEdge™

How much should you offer?

31405 SE Redmond-Fall City Road, Fall City, WA 98024

List price
$4,900,000
Down payment
$980,000

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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

Layout

  • Res-Over 1 Acre

Schools

Ratings via SchoolDigger

Snoqualmie Valley 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.

Vacant land facts

As entered by the listing broker on Northwest MLS

Lot

Acres
35.8 acres
Lot square feet
1,559,448 sq ft
Topography
Level,Rolling
Lot details
Open Space, Paved

Zoning & use

Zoning code
RA-5
Zoning description
See Remarks
Zoning jurisdiction
County
Possible use
See Remarks
Improvements
Barn,Fenced-Fully,Outbuilding(s),Stable

Utilities

Utilities
Electricity Connected, Septic Design Installed
Electricity
On Property
Gas
Not Available
Water
Available
Water jurisdiction
Fall City Water District
Sewer
Not Available
Septic system type
Nuwater/LoweFlow to an Oscar Drainfiel
Septic installed
Yes

Road & access

Road surface
Gravel, Paved
Road information
Gravel,Paved
Road on which side
North

Surveys & reports

Sketch submitted
No

Water & irrigation

Waterfront
Yes
Irrigation water rights
No

Taxes & assessment

Annual taxes
$19,807
Tax year
2024
Senior exemption
No
Financing
Cash
Seller disclosure
Provided
Preliminary title ordered
Yes

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 31405 SE Redmond-Fall City Road

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 · #2394037
    $4,900,000
  2. Sep 17, 2026
    Price reduced
    NWMLS via MLS Grid · #2407848
    $4,900,000
  3. Jul 15, 2025
    Listed
    NWMLS via MLS Grid · #2394037
    $5,400,000
  4. Jul 15, 2025
    Listed
    NWMLS via MLS Grid · #2407848
    $5,400,000
  5. Sep 16, 2014
    Sold
    NWMLS via MLS Grid · #667249
    $1,225,000
  6. Aug 9, 2014
    Pending
    NWMLS via MLS Grid · #667249
    $1,450,000

Mortgage payment forecast

$30,017 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%.

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Listing Broker: HomeSmart Real Estate Assoc; Cat Flynn; 425-351-5292; catflynn@msn.com

Market pulse

Fall City is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market
  • Offer insight: Homes typically sell with one offer near asking price.

  • List to sale price: The average home sells for about 1% below list price.

  • Time on market: The average home goes pending in around 132 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $1,350,000 Sold

    4 months ago

    4 bd•3 ba•~3,680 sq ft•Single Family

    31425 SW Issaquah Fall City Road Road, Fall City, WA 98024

    0%

    Over list

    —

    Days on market

    0.8 mi

    Distance

  • $257,000 Sold

    6 months ago

    •Single Family

    0 SE Issaquah-Fall City Road, Fall City, WA 98024

    0%

    Over list

    —

    Days on market

    0.8 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?

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Market data from MLS GRID / NWMLS · Updated Oct 2026

Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of October 19, 2026 at 8:02 PM PT (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.

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© 2026 Northwest Multiple Listing Service. All rights reserved.

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