9387 Redmond Woodinville Road, Redmond, 98052

Residential - Residential For Sale in Downtown Redmond

$1,650,000

4Beds
2Baths
2,000Sqft
.47Acres
1951Built
35DOM
MLS® #: 1874062
Active, 35 Days on Market

Rare opportunity to develop close-in townhomes. Just minutes to downtown Redmond with convenient proximity to Microsoft, Redmond Town Center, Marymoor Park, and 520, with easy access to Seattle and Woodinville's Wine Country. The site is currently utilized as a duplex but is Zoned R-12. Current preliminary feasibility study indicates the potential to construct a 5 unit townhome building, each on a separate lot. Rental income will reduce holding costs while going through development phases. Adjacent Rivertrail townhomes are selling in the low $900,000s. The site sits above the valley, so townhomes should have wonderful territorial views. Existing duplex is well maintained and consistently rented. Perfect 1031 exchange property or investment.

Listing Office: Coldwell Banker Danforth.

Essential Information

MLS® #: 1874062
Price: $1,650,000
Bedrooms: 4
Bathrooms: 2.00
Full Baths: 2
Square Footage: 2,000
Acres: 0.47
Year Built: 1951
Type: Residential
Sub-Type: Residential
Status: Active

Financials

Property Taxes: $5,201
$/SqFt: $825

Community Information

Address: 9387 Redmond Woodinville Road
Area: 550 - Redmond/Carnatio
Subdivision: Downtown Redmond
City: Redmond
County: King
State: WA
Zip Code: 98052

Amenities

Parking Spaces: 1
Parking: RV Parking, Driveway, Attached Garage, Off Street

Interior

Interior Features: Forced Air, Wall to Wall Carpet, Double Pane/Storm Window, Dining Room, Water Heater
Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
Fireplace: Yes
# of Fireplaces: 2

Exterior

Exterior Features: Metal/Vinyl, Wood
Lot Description: Paved
Foundation: Poured Concrete

School Information

District: Lake Washington
Elementary: Rockwell Elem
Middle: Redmond Middle
High: Redmond High

Additional Information

Days on Market: 35
Cumulative Days on Market: 35

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Listing information last updated on January 21st, 2022 at 8:28pm CST.