All homes

$1,299,000

7001 242nd Avenue

Redmond, WA 98053

Active
CreekTerritorial view

Beds

Baths

Sq Ft

Lot

4.92 ac

Year built

Type

Land

Days listed

4

MLS #

2581227

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.

Schools

Elementary

Alcott Elem

Middle

Evergreen Middle

High

Eastlake High

Property details

Parking
Garage
View
Territorial
Lot
Dead End Street, Paved, Secluded
Water source
On Property
Sewer
On Property
Utilities
Electricity Connected, Natural Gas Available, Septic Design Installed

Costs

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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