$1,000,000
Est. $5,296/mo4 bd•1.5 ba•1,550 sq ft
8109 Avondale Way Ne, Redmond, WA 98052
• Listed Aug 31, 2026•22 days active · 22 cumulative
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Listing Broker: Redfin; Kurt E. Pepin; 425-418-7628
Prime Redmond Development Opportunity! Just blocks from downtown Redmond, this nearly ¾-acre property offers exceptional location, scale, and future development potential. Situated in an area surrounded by commercial zoning, the property presents a unique opportunity for investors and developers to explore a variety of future uses, including potential multifamily, condominium, commercial, or mixed-use development, subject to zoning and city approvals. The generous lot size provides flexibility for multiple development concepts, while the property’s proximity to downtown amenities further enhances its long-term value. A property survey has already been completed, and the site is connected to the sewer. The property is being sold as-is, with the primary value in the land and its development potential. Don't miss this unique opportunity!
Listed by Kurt E. Pepin • Redfin
Listing updated: September 1, 2026 at 08:28am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2576350
8109 Avondale Way 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.
Neighborhood mobility
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.
Lake Washington 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.
7 programs may be available to provide you with up to $85,000 in down payment assistance, depending on your specific information.
Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.
$6,132 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%.
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
Redmond 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 2% below list price.
Time on market: The average home goes pending in around 4 days.
$225,000 Sold
6 weeks ago
2 bd•1.5 ba•Single Family
18425 Ne 95th Street #110, Redmond, WA 98052
8%
Under list
351
Days on market
0.9 mi
Distance
$150,000 Sold
3 months ago
2 bd•1 ba•Single Family
18425 Ne 95th Street #95, Redmond, WA 98052
9%
Under list
158
Days on market
0.9 mi
Distance
$175,000 Sold
4 months ago
3 bd•2 ba•Single Family
18425 Ne 95th Street #76, Redmond, WA 98052
3%
Under list
194
Days on market
0.9 mi
Distance
$179,950 Sold
5 months ago
2 bd•1.5 ba•Single Family
18425 Ne 95th Street #82, Redmond, WA 98052
3%
Under list
36
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.
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 1, 2026 at 08:28am (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.
$1,251,000
+$251,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $925K and $1.45M.
Rental earnings
$3,750/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$1,450,000Last sold price
17134 Ne 84th Street, Redmond, WA 98052

$925,000Last sold price
9015 171st Avenue Ne, Redmond, WA 98052
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.
Source: comparable sales from Northwest MLS via MLS GRID; the estimate itself is computed by RexMont.
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