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Listed by Melody Jin • Skyline Properties, Inc..
FOR SALE

$980,000

Est. $5,232/mo

16005 Ne 51st Street, Redmond, WA 98052

• Listed Sep 24, 2026•2 days active · 2 cumulative

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Listing Broker: Skyline Properties, Inc.; Melody Jin; 425-974-5897; melodyjin88@gmail.com

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Listing Broker: Skyline Properties, Inc.; Melody Jin; 425-974-5897; melodyjin88@gmail.com

About this home

An exceptional opportunity to create something truly special in the heart of Redmond! Tucked away on a quiet dead-end street, this expansive 1+ acre residential property offers a rare combination of privacy, natural beauty, and development potential. A lush, wooded backdrop of mature evergreens creates the feeling of a private woodland retreat, while a natural creek adds to the peaceful Pacific Northwest setting. Shopping, dining, major employers, and everyday conveniences are just minutes away.Seller has invested significant time and resources in the development process, giving the next owner a valuable head start. Pre-development work includes architectural, civil and structural plans, topographic survey, geotechnical engineering study, critical areas and environmental studies, and arborist report. A Civil SITE permit application is currently under review with the City of Redmond, with additional building permit work previously submitted. Development concepts include a new primary residence with detached ADU. Public water available. Public sewer available; sewer main extension to the property will be required for development.Offered at a compelling value for the size, location, and work already completed. Plans, reports, surveys, and supporting development documents are available for review. Buyer to verify all information with the City of Redmond.

Property type
Single Family
Year built
Not listed
Interior
Not listed
Lot size
1.1214 acres
Parking
None
Price / sq ft
Not listed
Property taxes$8,194/yr (est.)
School districtLake Washington

Listed by Melody Jin • Skyline Properties, Inc.

Listing updated: September 24, 2026 at 10:53pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2586928

Open houses

No upcoming open houses scheduled for this property.

Around this home

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16005 Ne 51st Street, Redmond, WA 98052

List price
$980,000
Down payment
$196,000

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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

Neighborhood mobility

Walk, bike & transit scores

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.

Schools

Ratings via SchoolDigger

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.

Down payment assistance

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.

Mortgage payment forecast

$6,160 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Source: 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: Skyline Properties, Inc.; Melody Jin; 425-974-5897; melodyjin88@gmail.com

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Market pulse

Redmond is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market
  • 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.

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Market data from MLS GRID / NWMLS · Updated Sep 2026

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of September 24, 2026 at 10:53pm (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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