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Listed by Wayne Kwiatkowski • Coldwell Banker Bain.Some photos are virtually staged
FOR SALE

$2,449,000

Est. $13,352/mo

Price reduced $210,000 from the original $2,659,000 asking price

5 bd•3.75 ba•4,870 sq ft

16521 NE 1st Place, Bellevue, WA 98008

• Listed May 29, 2026•335 days active · 335 cumulative

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★★★★★5.0·1,215 Google reviews

Listing Broker: Coldwell Banker Bain; Wayne Kwiatkowski; 360-961-1169; waynekwiatkowski@cbbain.com

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Listing Broker: Coldwell Banker Bain; Wayne Kwiatkowski; 360-961-1169; waynekwiatkowski@cbbain.com

About this home

$850,000.00 below the King County’s assessed 2026 value of $3,306,000! Set on 1.27 acres across two legal parcels, this private mid-century modern estate, is move in ready and offers over 4,000 SF of living space, with vaulted ceilings, expansive windows, and four fireplaces. Tucked beside Weowna Park offering direct access to it's wooded trails and is adjacent to the Phantom Lake Loop, it feels secluded while remaining minutes from Downtown Bellevue, Redmond, Lake Sammamish, shopping, and employment centers. A very private pool, hot tub, expansive decking, and cabana with an outdoor kitchen, combined, create a resort-like setting. The seller will consider owner financing to qualified buyers too! With excellent bones, rare privacy, dual parcels, and significant value-added potential (instant equity), this is a truly distinctive opportunity! For more detailed information, and plat maps, just ask your favorite real estate broker!

Property type
Single Family
Year built
1961
Interior
4,870 sq ft
Lot size
1.2671 acres
Parking
2-car garage
Price / sq ft
$503
HeatingForced Air
CoolingNone
Property taxes$6,004/yr (est.)
School districtBellevue

Listed by Wayne Kwiatkowski • Coldwell Banker Bain

Listing updated: October 21, 2026 at 09:12pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2533193

Around this home

RexMont OfferEdge™

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16521 NE 1st Place, Bellevue, WA 98008

List price
$2,449,000
Down payment
$489,800

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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

  • Bath Off Primary
  • Dining Room
  • Fireplace
  • Loft
  • Vaulted Ceiling(s)
  • Walk-In Closet(s)
  • Wet Bar
  • 5 fireplaces (wood burning)
  • Daylight, Finished basement

Kitchen

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

Bedrooms

  • 5 bedrooms total
  • 2 on the main level
  • 2 upstairs
  • 1 on the lower level

Bathrooms

  • 1 full bathroom
  • 3 three-quarter bathrooms (shower, no tub)
  • 1 half bathroom
  • 3.75 bathrooms total (NWMLS count)
  • 3 on the main level

Layout

  • Multi Level
  • 4,870 sq ft finished
  • 400 sq ft garage

Flooring

  • Hardwood
  • Stone
  • Carpet

Heating & cooling

  • 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

Lot dimensions
216 X 276 X 372 X 69
Topography
Level,Partial Slope,Sloped
Vegetation
Garden Space, Wooded
Lot number
2
Zoning code
SFR - RES LOT
Zoning jurisdiction
City
Faces
Southwest
Bus route
226

Systems

Energy source
Electric,Natural Gas
Power production
Electric, Natural Gas
Power company
Puget Sound Energy
Water company
City of Bellevue
Sewer company
City of Bellevue
Irrigation water rights
No

Rooms & extras

Pool
In-Ground
Spa
Yes
Bathtubs
1
Showers
4
Fireplaces on main
3
Fireplaces lower level
2
Excluded items
Yes

New construction

Square footage source
Realist
Lot size source
Realist

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 16521 NE 1st Place

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. Oct 20, 2026
    Price reduced
    NWMLS via MLS Grid · #2533193
    $2,449,000
    $503/sq ft
  2. May 29, 2026
    Listed
    NWMLS via MLS Grid · #2533193
    $2,659,000
    $546/sq ft
  3. Nov 15, 2012
    Recorded sale
    King County recorder · Statutory warranty deed
    $575,000
    $118/sq ft

Mortgage payment forecast

$14,464 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: Coldwell Banker Bain; Wayne Kwiatkowski; 360-961-1169; waynekwiatkowski@cbbain.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: Homes typically sell with one offer near asking price.

  • List to sale price: The average home sells for about 2% below list price.

  • Time on market: The average home goes pending in around 58 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $2,575,000 Sold

    3 days ago

    5 bd•4 ba•~3,909 sq ft•Single Family

    16390 NE 1st Street, Bellevue, WA 98008

    6%

    Under list

    142

    Days on market

    0.2 mi

    Distance

  • $950,000 Sold

    4 days ago

    5 bd•2.25 ba•~2,177 sq ft•Single Family

    15627 SE 11th Street, Bellevue, WA 98008

    5%

    Under list

    41

    Days on market

    0.9 mi

    Distance

  • $899,000 Sold

    6 days ago

    3 bd•0.75 ba•~1,510 sq ft•Single Family

    860 170th Place NE, Bellevue, WA 98008

    0%

    Over list

    12

    Days on market

    0.6 mi

    Distance

  • $2,798,000 Sold

    2 weeks ago

    5 bd•4.25 ba•~4,262 sq ft•Single Family

    17716 NE 12th Street, Bellevue, WA 98008

    0%

    Over list

    34

    Days on market

    0.9 mi

    Distance

  • $975,000 Sold

    2 weeks ago

    5 bd•1.75 ba•~1,900 sq ft•Single Family

    15805 SE 12th Place, Bellevue, WA 98008

    3%

    Under list

    29

    Days on market

    0.9 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 Nov 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 November 2, 2026 at 7:35 AM 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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