$1,299,000
Est. $7,195/mo4 bd•3 ba•3,040 sq ft
7001 242nd Avenue NE, Redmond, WA 98053
• Listed Sep 10, 2026•7 days active · 7 cumulative
Listing Broker: Windermere Real Estate/East; Sam Collins; 425-829-3321; samanthac@windermere.com
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Listing Broker: Windermere Real Estate/East; Sam Collins; 425-829-3321; samanthac@windermere.com
About this home
A rare 4.92-acre property offering close-in acreage in the heart of Union Hill. Tucked away at the back of Swan Lake Estates on a quiet, dead-end road, this privately gated property is largely cleared, sunny, and bordered by a creek for added privacy—all while surrounded by $2Million+ estate homes. The existing home offers more than 3,000 square feet with 4 bedrooms, an office, bonus space, oversized laundry room, and a daylight basement—providing an incredible opportunity to renovate and create something truly special. A detached garage and woodshed add even more flexibility. The bones are here; with some TLC, this property could be phenomenal. Or reimagine the property entirely and create your dream estate, with room for expansive lawns, gardens, a shop, equestrian amenities, or additional outbuildings. With no CCRs, the possibilities are extensive. A unique combination of privacy, usable acreage, versatility, and an estate-worthy setting—all just minutes from downtown Redmond.
Listed by Sam Collins • Windermere Real Estate/East
Listing updated: October 15, 2026 at 02:57pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2580429
Around this home
How much should you offer?
7001 242nd Avenue NE, Redmond, WA 98053
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
- Dbl Pane/Storm Window
- Dining Room
- Fireplace
- Vaulted Ceiling(s)
- 2 fireplaces (wood burning)
- Daylight basement
Kitchen
- Dryer
- Microwave
- Refrigerator
- Stove(s)/Range(s)
- Washer
Bedrooms
- 4 bedrooms total
- 2 on the main level
- 2 on the lower level
Bathrooms
- 3 full bathrooms
- 2 on the main level
Layout
- 1 Story w/Bsmnt.
- 3,040 sq ft finished
Flooring
- Concrete
- Hardwood
- Stone
- Vinyl
- Carpet
Heating & cooling
- Forced Air heating
- None cooling
Schools
Ratings via SchoolDiggerLake Washington School District
- Louisa May Alcott ElementaryPublic · Grades K-5 · State rank 6 of 1,13810/10
- Evergreen Middle SchoolPublic · Grades 6-8 · State rank 1 of 51410/10
- Eastlake High SchoolPublic · Grades 9-12 · State rank 6 of 39610/10
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
- Topography
- Equestrian,Level,Partial Slope,Sloped
- Vegetation
- Brush, Wooded
Systems
- Energy source
- Electric,Propane,Wood
- Power production
- Electric, Propane, Wood
- Irrigation water rights
- No
Rooms & extras
- Fireplaces on main
- 1
- Fireplaces lower level
- 1
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.
Opens with the report above.
Sales & Tax Records for 7001 242nd Avenue NE
NWMLS via MLS Grid · King County AssessorEvery 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.
- Oct 15, 2026Back on marketNWMLS via MLS Grid · #2580429$1,299,000$427/sq ft
- Oct 15, 2026Back on marketNWMLS via MLS Grid · #2581227$1,299,000$427/sq ft
- Sep 10, 2026ListedNWMLS via MLS Grid · #2580429$1,299,000$427/sq ft
- Sep 10, 2026ListedNWMLS via MLS Grid · #2581227$1,299,000$427/sq ft
Mortgage payment forecast
$7,626 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%.
Ask about this home
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Listing Broker: Windermere Real Estate/East; Sam Collins; 425-829-3321; samanthac@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 59 days.
Recent sales nearby
Within 1 mile · last 6 months$1,377,000 Sold
4 weeks ago
4 bd•2.5 ba•~2,610 sq ft•Single Family
23004 NE 64th Street, Redmond, WA 98053
0%
Over list
19
Days on market
0.8 mi
Distance
$1,550,000 Sold
4 weeks ago
4 bd•2.5 ba•~3,050 sq ft•Single Family
7700 234th Place NE, Redmond, WA 98053
1%
Under list
49
Days on market
0.4 mi
Distance
$1,870,000 Sold
5 weeks ago
6 bd•3.5 ba•~4,160 sq ft•Single Family
8101 229th Drive NE, Redmond, WA 98053
3%
Under list
33
Days on market
0.9 mi
Distance
$1,420,000 Sold
5 weeks ago
4 bd•2.75 ba•~2,490 sq ft•Single Family
23915 NE 80th Street, Redmond, WA 98053
5%
Under list
55
Days on market
0.5 mi
Distance
$1,376,000 Sold
6 weeks ago
3 bd•2.75 ba•~2,780 sq ft•Single Family
6731 244th Place NE, Redmond, WA 98053
7%
Under list
49
Days on market
0.2 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 17, 2026 at 8:47 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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