$2,380,000
Est. $13,183/moPrice reduced $200,000 from the original $2,580,000 asking price
8412 164 Avenue NE, Redmond, WA 98052
• Listed Jun 23, 2026•63 days active · 63 cumulative
Listing Broker: Windermere Bellevue Commons; Joyce Wei; 206-495-5755; joycew@windermere.com
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Listing Broker: Windermere Bellevue Commons; Joyce Wei; 206-495-5755; joycew@windermere.com
About this home
Rare opportunity to acquire a 14,400-square-foot development site in the heart of Downtown Redmond. The property is zoned Downtown Core (DTC), the city’s highest-intensity zoning designation, allowing for a Floor Area Ratio (FAR) of up to 6.5 and a maximum buildable area of approximately 93,600 square feet. Positioned within walking distance of the Downtown Redmond Light Rail Station. The site offers an exceptional opportunity to develop a high-density mixed-use project in a supply-constrained market. Permitted uses include a combination of multifamily residential, office, retail, hospitality, and other complementary commercial uses, providing flexibility to capitalize on evolving market demand. With continued investment in Downtown Redmond, strong employment growth, and increasing demand for urban mixed-use developments, offers investors and developers the opportunity to create a landmark project in one of the Eastside’s most dynamic and desirable submarkets.
Listed by Joyce Wei • Windermere Bellevue Commons
Listing updated: September 21, 2026 at 11:34pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2544646
Around this home
How much should you offer?
8412 164 Avenue NE, Redmond, WA 98052
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
- Comm/Industrial
Schools
Ratings via SchoolDiggerRaymond School District
- Raymond Elementary SchoolPublic · Grades K-6 · State rank 778 of 1,1384/10
- Raymond Jnr Snr HighPublic · Grades Middle—
- Raymond Jnr Snr HighPublic · Grades High—
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
- 0.33 acres
- Lot square feet
- 14,400 sq ft
Zoning & use
- Zoning code
- DTC
- Zoning description
- Business,Commercial,Multi-Family,Office,Residential,Retail
- Zoning jurisdiction
- City
- Possible use
- Business, Commercial, Multi-Family, Office, Residential, Retail
- Restrictions
- No Restrictions
Utilities
- Utilities
- Electricity Not Available
- Electricity
- Not Available
- Gas
- Not Available
- Water
- Not Available
- Sewer
- Not Available
Road & access
- Road responsibility
- Private Maintained Road
- Road information
- Privately Maintained
Surveys & reports
- Sketch submitted
- Yes
Water & irrigation
- Waterfront
- No
- Irrigation water rights
- No
Taxes & assessment
- Annual taxes
- $33,279
- Tax year
- 2026
- Senior exemption
- No
- Financing
- Cash, Conventional
- 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.
Opens with the report above.
Mortgage payment forecast
$16,551 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: 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: Windermere Bellevue Commons; Joyce Wei; 206-495-5755; joycew@windermere.com
Market pulse
Redmond is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
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 52 days.
Recent sales nearby
Within 1 mile · last 6 months$1,540,000 Sold
3 days ago
4 bd•2.5 ba•~2,860 sq ft•Single Family
8941 170th Court NE, Redmond, WA 98052
7%
Under list
146
Days on market
0.5 mi
Distance
$960,000 Sold
3 days ago
3 bd•1.75 ba•~1,210 sq ft•Single Family
17050 NE 95th Street, Redmond, WA 98052
4%
Under list
43
Days on market
0.7 mi
Distance
$1,570,000 Sold
6 days ago
3 bd•2.5 ba•~2,380 sq ft•Single Family
7108 153rd Avenue NE, Redmond, WA 98052
2%
Under list
35
Days on market
0.9 mi
Distance
$850,000 Sold
2 weeks ago
3 bd•3 ba•~1,263 sq ft•Single Family
8063 165th Lane NE, Redmond, WA 98052
6%
Under list
42
Days on market
0.2 mi
Distance
$1,050,000 Sold
3 weeks ago
3 bd•2.5 ba•~1,800 sq ft•Single Family
17117 NE 84th Street, Redmond, WA 98052
6%
Under list
99
Days on market
0.5 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 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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