18654 NE 55th Street, Redmond, WA 98052

Local realty services provided by:Better Homes and Gardens Real Estate Gary Mann Realty
Listed by: cindy kelly
Office: compass
MLS#:2488754
Source:NWMLS
18654 NE 55th Street,Redmond, WA 98052
$1,695,000
  • 5 Beds
  • 3 Baths
  • 3,520 sq. ft.
  • Single family
  • Active

Price summary

  • Price:$1,695,000
  • Price per sq. ft.:$481.53

About this home

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. ...

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Home facts

  • Year built:1980
  • Listing ID #:2488754
  • Updated:March 27, 2026 at 04:57 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:2
  • Kitchen Description:Dishwasher, Disposal, Microwave, Refrigerator
  • Bedroom Description:Lower Level Bedrooms : 2, Main Level Bedrooms : 3
  • Basement:Yes
  • Basement Description:Daylight
  • Living area:3,520 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1980
  • Building area:3,520 sq. ft.
  • Lot area:0.44 Acres
  • Lot Features:Corner, Curbed Lot, Secluded, Sidewalk
  • Construction Materials:Wood Exterior Finish
  • Exterior Features:Deck, Fenced-Partially
  • Foundation Description:Daylight
  • Levels:2 Story

Schools

  • High school:Eastlake High
  • Middle school:Inglewood Middle
  • Elementary school:Blackwell Elem

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,695,000
  • Price per sq. ft.:$481.53
  • Tax amount:$11,129 (2025)

Features and amenities

  • Appliances:Dishwasher, Refrigerator, Washer
  • Laundry features:Dryer, Washer
  • Amenities:Cable TV, Ceiling Fan(s), Gas Available, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater

Parking

  • Total parking spaces:1
  • Parking description:Detached Garage, Driveway, RV Parking
  • Garage:Yes
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