$1,695,000
18654 NE 55th Street, Redmond, WA 98052
5 Beds
2.75 Baths
3,520 Sq Ft
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18654 NE 55th Street, Redmond, WA 98052 18654 NE 55th Street, Redmond, WA 98052 18654 NE 55th Street, Redmond, WA 98052 18654 NE 55th Street, Redmond, WA 98052 18654 NE 55th Street, Redmond, WA 98052 18654 NE 55th Street, Redmond, WA 98052 18654 NE 55th Street, Redmond, WA 98052 18654 NE 55th Street, Redmond, WA 98052 18654 NE 55th Street, Redmond, WA 98052 18654 NE 55th Street, Redmond, WA 98052 18654 NE 55th Street, Redmond, WA 98052 18654 NE 55th Street, Redmond, WA 98052 18654 NE 55th Street, Redmond, WA 98052 18654 NE 55th Street, Redmond, WA 98052 18654 NE 55th Street, Redmond, WA 98052 18654 NE 55th Street, Redmond, WA 98052 18654 NE 55th Street, Redmond, WA 98052 18654 NE 55th Street, Redmond, WA 98052 18654 NE 55th Street, Redmond, WA 98052 18654 NE 55th Street, Redmond, WA 98052 18654 NE 55th Street, Redmond, WA 98052 18654 NE 55th Street, Redmond, WA 98052
18654 NE 55th Street, Redmond, WA 98052 18654 NE 55th Street, Redmond, WA 98052 18654 NE 55th Street, Redmond, WA 98052 18654 NE 55th Street, Redmond, WA 98052 18654 NE 55th Street, Redmond, WA 98052 18654 NE 55th Street, Redmond, WA 98052 18654 NE 55th Street, Redmond, WA 98052 18654 NE 55th Street, Redmond, WA 98052 18654 NE 55th Street, Redmond, WA 98052 18654 NE 55th Street, Redmond, WA 98052 18654 NE 55th Street, Redmond, WA 98052 18654 NE 55th Street, Redmond, WA 98052 18654 NE 55th Street, Redmond, WA 98052 18654 NE 55th Street, Redmond, WA 98052 18654 NE 55th Street, Redmond, WA 98052 18654 NE 55th Street, Redmond, WA 98052 18654 NE 55th Street, Redmond, WA 98052 18654 NE 55th Street, Redmond, WA 98052 18654 NE 55th Street, Redmond, WA 98052 18654 NE 55th Street, Redmond, WA 98052 18654 NE 55th Street, Redmond, WA 98052 18654 NE 55th Street, Redmond, WA 98052

MLS #2488754 / Listing provided by NWMLS & COMPASS.

$1,695,000

18654 NE 55th Street
Redmond, WA 98052

Active 1 day ago
5
Beds
2.75
Baths
3,520
Sq Ft
$482
Per Sq Ft
1980
Year 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).

Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.

Interior Features

Bedrooms

  • Total Bedrooms: 5
  • Main Level Bedrooms: 3
  • Lower Level Bedrooms: 2
  • Upper Level Bedrooms: 0

Bathrooms

  • Total Bathrooms: 3
  • Half Bathrooms: 0
  • Three-quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Full Bathrooms in Garage: 0
  • Half Bathrooms in Garage: 0
  • Three-quarter Bathrooms in Garage: 0

Fireplaces

  • Total Fireplaces: 2
  • Main Level Fireplaces: 2

Water Heater

  • Water Heater Location: Lower Level
  • Water Heater Type: Gas

Heating & Cooling

  • Heating: Yes
  • Cooling: Yes
Exterior Features

Parking

  • Garage: Yes
  • Garage Attached: No
  • Parking Features: Driveway, Detached Garage, RV Parking
  • Parking Total: 1

Structure

  • Roof: Composition
  • Exterior Features: Wood
  • Foundation: Poured Concrete

Lot Details

  • Lot Features: Corner Lot, Curbs, Secluded, Sidewalk
  • Acres: 0.4442
  • Foundation: Poured Concrete
Area Features

Schools

  • High School District: Lake Washington
  • High School: Eastlake High
  • Middle School: Inglewood Middle
  • Elementary School: Blackwell Elem

Transportation

  • Nearby Bus Line: true

Lot Details

  • Lot Features: Corner Lot, Curbs, Secluded, Sidewalk
  • Acres: 0.4442
  • Foundation: Poured Concrete
Utilities

Power

  • Energy Source: Natural Gas
  • Power Company: PSE

Water, Sewer, and Garbage

  • Sewer Company: City of Redmond
  • Sewer: Sewer Connected
  • Water Company: City of Redmond
  • Water Source: Public
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Christi Young

Christi Young
Broker | REALTOR®

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