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Listed by Forrest Smith • Windermere Real Estate/Summit.
FOR SALE

$999,000

Est. $5,490/mo

Price increased $9,000 from the original $990,000 asking price

3 bd•2 ba•1,010 sq ft

12420 NE 87th Street, Kirkland, WA 98033

• Listed Oct 22, 2026•16 days active · 16 cumulative

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★★★★★5.0·1,244 Google reviews

Listing Broker: Windermere Real Estate/Summit; Forrest Smith; 206-410-6610; forrest.smith@windermere.com

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Listing Broker: Windermere Real Estate/Summit; Forrest Smith; 206-410-6610; forrest.smith@windermere.com

About this home

**North Rose Hill Development Opportunity | 9,605 SF Lot | RSX 7.2 Zoning. Discover the possibilities of this generously sized 9,605 SF parcel in Kirkland's sought-after North Rose Hill neighborhood. Zoned RSX 7.2, this property offers builders, investors, and visionary buyers an exciting opportunity to explore redevelopment, new construction, or potential additional dwelling units, subject to City of Kirkland requirements. The existing single-level residence features 3 bedrooms, 2 full bathrooms, and approximately 1,010 SF, offering flexibility for immediate use or future plans. Set within an established neighborhood with mature trees, the property enjoys convenient access to Downtown Kirkland, Redmond, major Eastside employment centers, parks, shopping, and dining. City sewer infrastructure is nearby, which may be a consideration for future development planning. Whether you envision a custom residence or explore the property's broader development potential, this North Rose Hill parcel offers a compelling opportunity to create something exceptional. Buyer to independently verify zoning, permitted uses, utility connections, development capacity, and feasibility with the City of Kirkland.

Property type
Single Family
Year built
1967
Interior
1,010 sq ft
Lot size
0.2205 acres
Parking
2-car garage
Price / sq ft
$989
HeatingForced Air
CoolingNone
Property taxes$8,718/yr (est.)
School districtLake Washington

Listed by Forrest Smith • Windermere Real Estate/Summit

Listing updated: October 22, 2026 at 04:12pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2596044

Around this home

RexMont OfferEdge™

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12420 NE 87th Street, Kirkland, WA 98033

List price
$999,000
Down payment
$199,800

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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

Interior features

  • Ceiling Fan(s)
  • Fireplace
  • Fireplace (gas)

Kitchen

  • Refrigerator
  • Stove(s)/Range(s)

Bedrooms

  • 3 bedrooms total
  • 3 on the main level

Bathrooms

  • 2 full bathrooms
  • 2 on the main level

Layout

  • 1 Story
  • 1,010 sq ft finished
  • 530 sq ft garage

Flooring

  • Laminate
  • Carpet

Heating & cooling

  • Forced Air heating
  • None cooling

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.

Single-family home facts

As entered by the listing broker on Northwest MLS

Lot & site

Topography
Level
Lot number
PTN LTS 5 & 6
Zoning code
RSX 7.2
Zoning jurisdiction
City
Bus route
239

Systems

Energy source
Electric,Natural Gas
Power production
Electric, Natural Gas
Power company
Puget Sound Energy
Water company
City of Kirkland
Sewer company
City of Kirkland
Gas company
Puget Sound Energy
Garbage service
City of Kirkland
Irrigation water rights
No

Rooms & extras

Bathtubs
2
Showers
2
Fireplaces on main
1

New construction

Square footage source
Public Records
Lot size source
Public Records

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.

Members

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Sales & Tax Records for 12420 NE 87th Street

NWMLS via MLS Grid · King County Assessor

Every 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.

  1. Oct 22, 2026
    Listed
    NWMLS via MLS Grid · #2596044
    $990,000
    $980/sq ft

Down payment assistance

7 programs may be available to provide you with up to $79,950 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

$6,467 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: Windermere Real Estate/Summit; Forrest Smith; 206-410-6610; forrest.smith@windermere.com

Market pulse

Kirkland 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 58 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $2,210,000 Sold

    0 days ago

    3 bd•3.25 ba•~3,222 sq ft•Single Family

    430 10th Street S, Kirkland, WA 98033

    3%

    Over list

    22

    Days on market

    1.0 mi

    Distance

  • $1,220,000 Sold

    2 days ago

    4 bd•2.5 ba•~2,065 sq ft•Single Family

    12724 NE 94th Court, Kirkland, WA 98033

    9%

    Under list

    48

    Days on market

    0.4 mi

    Distance

  • $1,850,000 Sold

    2 days ago

    4 bd•2.5 ba•~3,320 sq ft•Single Family

    11344 NE 90th Street, Kirkland, WA 98033

    3%

    Under list

    33

    Days on market

    0.6 mi

    Distance

  • $1,180,000 Sold

    6 days ago

    4 bd•1.75 ba•~1,880 sq ft•Single Family

    11218 NE 91st St, Kirkland, WA 98033

    1%

    Under list

    37

    Days on market

    0.7 mi

    Distance

  • $3,200,000 Sold

    1 week ago

    5 bd•4.25 ba•~4,326 sq ft•Single Family

    13011 NE 102nd Place, Kirkland, WA 98033

    0%

    Over list

    —

    Days on market

    0.8 mi

    Distance

Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.

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Market 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 22, 2026 at 10:53 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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