$2,499,000
Est. $13,234/mo5 bd•3.75 ba•4,870 sq ft
16521 Ne 1st Place, Bellevue, WA 98008
• Listed 2026-05-29•4 days on market
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$807,000.00 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!
Listed by Wayne Kwiatkowski • Coldwell Banker Bain
Listing updated: September 13, 2026 at 01:31pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2533193
16521 Ne 1st Place, Bellevue, WA 98008
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
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.
$14,359 per month
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Bellevue is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells for about 1% below list price.
Time on market: The average home goes pending in around 6 days.
$2,250,000 Sold
3 months ago
5 bd•3.5 ba•~4,772 sq ft•Single Family
1262 173rd Avenue Ne, Bellevue, WA 98008
9%
Under list
—
Days on market
0.8 mi
Distance
$900,000 Sold
3 months ago
3 bd•1.5 ba•~1,360 sq ft•Single Family
1071 158th Place Se, Bellevue, WA 98008
10%
Under list
—
Days on market
0.9 mi
Distance
$2,890,000 Sold
3 months ago
5 bd•4 ba•~4,266 sq ft•Single Family
1318 164th Place Ne, Bellevue, WA 98008
0%
Over list
—
Days on market
0.7 mi
Distance
$2,445,000 Sold
3 months ago
5 bd•4 ba•~3,410 sq ft•Single Family
428 164th Avenue Se, Bellevue, WA 98008
2%
Under list
—
Days on market
0.5 mi
Distance
$1,150,000 Sold
3 months ago
4 bd•2.25 ba•~1,520 sq ft•Single Family
16802 Ne 6th Place, Bellevue, WA 98008
6%
Under list
—
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.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Sep 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of September 13, 2026 at 01:31pm (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.
Open houses
Nearby open houses (8)
See more →
Open Fri, Sep 18 +3
Open Fri, Sep 18 +2
Open Fri, Sep 18 +1
Open Sat, Sep 19$3,487,000
+$988,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $2.25M and $3.25M.
Rental earnings
$10,450/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$2,650,000Last sold price
218 163rd Place Se, Bellevue, WA 98008
$3,250,000Last sold price
656 166th Avenue Ne, Bellevue, WA 98008
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.
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