18654 Ne 55th Street, Redmond, 98052
MLS® #: 2488754
Pending, 30 Days on Market
Listing Office: COMPASS
Last Update: 2026-05-14
5
Beds
2¾
Baths
0
Garages
30
Dom
3,520
Square feet
0.44
Acres
1980
Built
This is a rare “live well + build wealth” opportunity on a 19,350 SF lot with Redmond NMF zoning—offering flexibility as a comfortable home today and serious upside over time. So many options. The existing residence is 3,520 SF and lives beautifully, featuring three bedrooms upstairs, vaulted ceilings, and an open great-room floor plan that feels bright, airy, and connected. Downstairs, the lower level has its own separate entrance, making it a natural setup for a rentable unit, guest quarters, or multi-generational living with privacy. What truly sets this property apart is the Redmond NMF (Neighborhood Multifamily) zoning, which supports a wide range of redevelopment paths. With Washington’s evolving housing laws—including HB-1337, which expands the ability to add up to two detached DADUs on many lots without subdivision (subject to local standards, setbacks, utilities, and permitting)—this property can be approached with a strategic “income + appreciation” mindset. Multiple smart options exist: KEEP & OPTIMIZE: Update this structurally solid home, create/upgrade the lower-level rental, and add up to two detached DADUs. REDEVELOP: Start fresh and build townhomes / multifamily consistent with NMF zoning (subject to approvals and feasibility). Alternative concept: Explore a larger building footprint and specialized housing concepts; per city code, an apartment building or even an assisted living facility may be an option (buyer to verify).
Price & Status History
| Date | Details | Change |
|---|---|---|
| Date: | Details: Status Changed from Active to Pending | – |
Features of 18654 Ne 55th Street
| MLS® # | 2488754 |
|---|---|
| Price | $1,695,000 |
| Bedrooms | 5 |
| Bathrooms | 2.75 |
| Full Baths | 2 |
| Square Footage | 3,520 |
| Acres | 0.44 |
| Year Built | 1980 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Pending |
Community Information
| Address | 18654 Ne 55th Street |
|---|---|
| Area | 550 - Redmond/Carnation |
| Subdivision | Redmond |
| City | Redmond |
| County | King |
| State | WA |
| Zip Code | 98052 |
Amenities
| Parking Spaces | 1 |
|---|---|
| Parking | Driveway, Detached Garage, RV Parking |
| Is Waterfront | No |
Interior
| Interior Features | Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, Loft, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater |
|---|---|
| Appliances | Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer |
| Heating | Forced Air |
| Cooling | Forced Air |
| Fireplace | Yes |
| # of Fireplaces | 2 |
| Fireplaces | Wood Burning |
Exterior
| Exterior Features | Wood |
|---|---|
| Lot Description | Corner Lot, Curbs, Secluded, Sidewalk |
| Foundation | Poured Concrete |
School Information
| District | Lake Washington |
|---|---|
| Elementary | Blackwell Elem |
| Middle | Inglewood Middle |
| High | Eastlake High |
Additional Information
| Days on Market | 30 |
|---|---|
| Cumulative Days on Market | 30 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Property Taxes | $11,129 |
Listing Details
| Office | COMPASS |
|---|
Listing Map
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