$2,499,000
Est. $12,847/mo5 bd•3.75 ba•4,870 sq ft
16521 Ne 1st Place, Bellevue, WA 98008
• Listed 2026-05-29•15 days on market
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of August 13, 2026 at 09:56am (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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Rare Bellevue opportunity—Move in ready, and offered 25% below King County’s appraised 2026 value! Set on 1.27 acres across two parcels, this private mid-century modern estate offers nearly 5,000 SF of living space, classic architecture, vaulted ceilings, expansive windows, and four fireplaces. Tucked beside Weowna Park with direct access to it's wooded trails and adjacent to the Phantom Lake Loop, it feels secluded while remaining minutes from Downtown Bellevue, Redmond, Lake Sammamish, shopping, and employment centers. A private pool, hot tub, expansive decking, and cabana with an outdoor kitchen, combined, create a resort-like setting. 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: August 13, 2026 at 09:56am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2533193
Open houses
Nearby open houses (5)
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Open Sat, Aug 29 +1
Open Sun, Aug 30
Open Sun, Aug 30$3,487,000
+$988,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $2.55M and $3.25M.
Rental earnings
$10,450/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$2,998,000Last sold price
131 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.
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.
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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 9 days.
$2,250,000 Sold
2 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
2 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
2 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 Aug 2026
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.
