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Listed by Kimberly L Martinez • Matrix Real Estate, LLC.
FOR SALE

$2,724,950

Est. $14,916/mo

Price reduced $225,000 from the original $2,949,950 asking price

5 bd•4 ba•3,909 sq ft

16390 Ne 1st Street, Bellevue, WA 98008

• Listed Jun 10, 2026•114 days active · 114 cumulative

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★★★★★5.0·1,243 Google reviews

Listing Broker: Matrix Real Estate, LLC; Kimberly L Martinez; 425-417-3115; kmartinez@matrixrealestate.com

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Listing Broker: Matrix Real Estate, LLC; Kimberly L Martinez; 425-417-3115; kmartinez@matrixrealestate.com

About this home

NEW PRICE! RM Homes presents a new McGowan Signature home. Two-level transitional design welcomes with warm colors, masonry, and metal roof accents. Culinary dream kitchen boasts Thermador appliances, quartz counters with 10.5-foot waterfall island, walk-in pantry, and extensive soft-close Bellmont cabinetry. The spacious great room features a linear gas fireplace with built-in cabinets. Multi-slide doors open to a covered outdoor patio, and overhead heat. The 8,634 sq.ft. lot is fully landscaped with irrigation system, solar-powered landscape lighting, and backyard fencing installed. Dedicated home office is soaked in rich color, with custom millwork and lighting. Down the hall, a private main-level bedroom suite accommodates guests. Upstairs, retreat to the primary bedroom with cozy gas fireplace and extra soundproofing. The spa-inspired primary bath has walls of tile, free-standing tub, floating vanity, heated floors, walk-in shower, and a room-sized custom closet. Smart tech features include two EV charging outlets in the garage, WiFi-ready appliances, WiFi-ready entry and garage door opener, and built-in speakers in the living room and outdoor living spaces. Strategically placed double insulation to shut out any outside noise and allow for an ultra-quiet home. Situated in the highly desirable Lake Hills neighborhood of Bellevue, you’ll enjoy convenient access to nearby parks, trails, Redmond/Microsoft, downtown Bellevue, light rail, and I-90. Top-rated Bellevue Schools.

Property type
Single Family
Year built
2026
Interior
3,909 sq ft
Lot size
0.1982 acres
Parking
Attached Garage
Price / sq ft
$697
Heating90%+ High Efficiency, Forced Air, Heat Pump
Cooling90%+ High Efficiency, Central Air, Forced Air, Heat Pump
School districtBellevue

Listed by Kimberly L Martinez • Matrix Real Estate, LLC

Listing updated: September 29, 2026 at 01:53pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2521762

Around this home

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16390 Ne 1st Street, Bellevue, WA 98008

List price
$2,724,950
Down payment
$544,990

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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

  • Bath Off Primary
  • Fireplace
  • Fireplace (Primary Bedroom)
  • Loft
  • Pantry
  • Sprinkler System
  • Triple Pane Windows
  • Walk-In Closet(s)
  • Water Heater
  • Wine/Beverage Refrigerator
  • 2 fireplaces (gas)
  • None basement

Kitchen

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

Bedrooms

  • 5 bedrooms total

Bathrooms

  • 4 full bathrooms

Flooring

  • Ceramic Tile
  • Engineered Hardwood
  • Carpet

Heating & cooling

  • 90%+ High Efficiency heating
  • Forced Air heating
  • Heat Pump heating
  • 90%+ High Efficiency cooling
  • Central Air cooling
  • Forced Air cooling
  • Heat Pump cooling

Neighborhood mobility

Walk, bike & transit scores

Source: Walk Score®, Bike Score® and Transit Score® are provided by Walk Score (walkscore.com), a third-party service. This is not Northwest MLS listing data.

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.

Mortgage payment forecast

$17,641 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: Matrix Real Estate, LLC; Kimberly L Martinez; 425-417-3115; kmartinez@matrixrealestate.com

Market pulse

Bellevue is a balanced market.

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

Buyer's marketSeller's market
  • Offer insight: Well-priced homes draw multiple offers; others sell close to asking.

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

  • Time on market: The average home goes pending in around 45 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $850,000 Sold

    2 days ago

    4 bd•3.25 ba•~2,010 sq ft•Single Family

    216 167th Place Ne, Bellevue, WA 98008

    3%

    Under list

    70

    Days on market

    0.3 mi

    Distance

  • $1,550,000 Sold

    2 days ago

    2 bd•2.5 ba•~2,410 sq ft•Single Family

    936 170th Place Se, Bellevue, WA 98008

    9%

    Under list

    61

    Days on market

    0.9 mi

    Distance

  • $1,999,777 Sold

    2 days ago

    •Single Family

    16006 Se 10th Street, Bellevue, WA 98008

    0%

    Over list

    19

    Days on market

    0.7 mi

    Distance

  • $2,750,000 Sold

    3 days ago

    5 bd•4.25 ba•~4,213 sq ft•Single Family

    326 157th Avenue Ne, Bellevue, WA 98008

    0%

    Over list

    61

    Days on market

    0.4 mi

    Distance

  • $970,000 Sold

    3 days ago

    3 bd•1.75 ba•~1,300 sq ft•Single Family

    15634 Ne 1st Place, Bellevue, WA 98008

    0%

    Over list

    33

    Days on market

    0.4 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 29, 2026 at 01:53pm (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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