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18654 NE 55th Street in Redmond

Listing ID:2488754 (Residential Home)
Listing Price:$1,695,000
Days on Market:12

Details

Bed / Bath:5.00 / 2.75
Square Feet:3,520
Lot Size:0.44 acres (19,350 sqft)

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” mind


NWMLS

This listing is provided courtesy of NWMLS, contributed by COMPASS.



Home Details

Home

Style:12 - 2 Story
Bedrooms:5.00
Bathrooms:2.75
Year Built:1980
Square Footage:3,520
Lot Square Footage:0.44 acres

Schools

Elementary School:Blackwell Elem
Junior High:Inglewood Middle
Senior High:Eastlake High

Financials

Tax Year:2025
Parcel Number:1825069038

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