All homes

$1,299,000

7001 242nd Avenue

Redmond, WA 98053

Active
CreekTerritorial view

Beds

4

Baths

3

Sq Ft

3,040

Lot

4.92 ac

Year built

1973

Type

Residential

Days listed

4

MLS #

2580429

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.

Interior features

Bath Off PrimaryDbl Pane/Storm WindowDining RoomFireplaceVaulted Ceiling(s)

Exterior features

Wood

Appliances

DryerMicrowaveRefrigeratorStove(s)/Range(s)Washer

Schools

Elementary

Alcott Elem

Middle

Evergreen Middle

High

Eastlake High

Property details

Heating
Forced Air
Cooling
None
Flooring
Concrete, Hardwood, Stone, Vinyl, Carpet
Parking
Attached Garage, Detached Garage
View
Territorial
Lot
Dead End Street, Paved, Secluded, Value In Land
Water source
Public
Sewer
Septic Tank
Levels
One
Fireplaces
2

Costs

Price / sq ft
$427
Annual taxes
$1,270 (2026)

Estimate your monthly payment

$6,674/mo

Principal & interest
$6,568
Property taxes
$106
Loan amount $1,039,200

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Redmond, WA 98053

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Windermere Real Estate/East— Sam Collins.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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